Analytics and Big Data are Key Technology Trends for 2013

I attended the Gartner IT Expo in October to interact with senior IT leaders, showcase FICO’s products and get the latest take on Gartner’s upcoming trends in the technology industry. I found their talk on the Top 10 Strategic Technology Trends for 2013 very interesting. Here is their list of what to look for in the next year:

• Mobile Device Battles
• Mobile Applications and HTML5
• Personal Cloud
• Enterprise App Stores
• The Internet of Things
• Hybrid IT and Cloud Computing 
• Strategic Big Data
• Actionable Analytics
• In Memory Computing 
• Integrated Ecosystems

Mobile and cloud were hot topics, as expected. I was heartened to see that Actionable Analytics made the list. FICO has been evangelizing the power of analytics to improve decisions to help companies increase profitability and efficiency. Gartner’s message is very aligned with this and believes that companies can “perform analytics and simulation for every action taken in the business”. 

This goes hand-in-hand with Strategic Big Data, another item on the list. Companies will be mining their large data sets to learn more about their customers and deliver a superior customer experience and relationship. The key to getting value from the data is to use analytics to uncover predictions and improve decisions.

Gartner’s top ten lists are always worth noting as trend indicators. We are excited to see how these trends unfold throughout the coming year.