Tag: Data and Analytics

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Technology

2022 predictions: GlobalData identifies the 30 themes that will be most disruptive in 2022

Dec 10, 2021 by Gouri Achary 0 Comments #2022 predictions, #Data and Analytics, #GlobalData

Companies that invest in the right themes become success stories, while those that miss the big themes end up as failures, according to GlobalData. The leading data and analytics company’s brand new report, ‘Tech, Media & Telecom Predictions 2022’, identifies the thirty themes GlobalData predicts will cause the most disruption in 2022. Below, analysts at the Thematic Research team at GlobalData offer their views on five of these themes: the metaverse, batteries, cryptocurrency, space economy and environment, social and governance (ESG) issues.

The Metaverse

Emma Taylor, Thematic Analyst at GlobalData, comments: “While the metaverse won’t be realized for several years yet, early prototypes and use cases will begin to emerge as early as next year as tech titans battle for early market dominance. The variety of use cases is already becoming apparent, ranging from Facebook and Microsoft’s enterprise focus to Epic Games and Roblox’s gaming ambitions.

“China is a potentially lucrative metaverse market due to its massive and affluent user base. Leading Chinese tech companies such as Tencent and Alibaba will continue to file for metaverse-related trademarks. However, the ongoing regulatory crackdown on China’s tech sector will hinder their progress.”

Batteries

Daniel Clarke, Thematic Analyst, comments: “Batteries are the oil barrels of the 21st century – they will underpin many of the core technologies needed in the climate transition. The US and Europe have finally woken up to Chinese dominance of the battery supply chain, which represents a significant chokepoint for advanced Western economies trying to reach net-zero. Furthermore, the battery metals supply and demand gap is a core issue in the batteries theme.

“GlobalData predicts that companies will invest in alternative battery chemistries due to lithium supply constraints. In addition, Western countries will invest in building battery supply chains to offset China’s dominance, while the increasing cost of lithium batteries will force several automakers to raise electric vehicle (EV) prices.”

Cryptocurrency

Amna Mujahid, Thematic Analyst, comments: “Decentralized finance (DeFi) — a fully open financial system that uses blockchain-powered smart contracts instead of relying on centralized entities like banks and brokerages — will disrupt traditional financial institutions with its promise to remove any sneaky intermediaries from transactions.

“Start-up companies will lead the bulk of DeFi innovations as they compete to create more sophisticated platforms. Traditional financial bodies will work hard to catch up with the DeFi trend, introducing central bank digital currencies (CBDCs) and using stablecoins. Only a proactive response will keep traditional institutions relevant, and many — such as Goldman Sachs, Citi, and UBS — have already taken the plunge by entering the DeFi landscape.”

Space Economy

Thematic Analyst Francesca Gregory, comments: “The expansion of satellite networks will provide up to 70% of the space economy’s growth in the near term. This short-term growth will pave the way for larger aspirations.

“Following the announcement of plans for space business parks from Blue Origin, Voyager Space Holdings, and Lockheed Martin, commercial actors will have a more sustained presence in space, signaling a commercial infrastructure boom in the longer term.”

ESG

Rachel Foster Jones, Thematic Analyst, comments: “ESG is the most important theme discussed in boardrooms, and disclosing ESG will become the norm in 2022. Companies that fail to demonstrate their commitment to ESG will face a backlash from their stakeholders.

“Companies are flooding to sign the Climate Pledge. As its targets can be achieved through carbon offset schemes, there will be increasing pressure for the voluntary carbon market to be regulated. However, companies should be careful as committing to non-credible net-zero targets through offset schemes will cause reputational damage.”

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Business World

Qlik Acquires Knarr Analytics to Expand Real-Time Collaboration Across Entire Data and Analytics Supply Chain

Aug 27, 2020 by Gouri Achary 0 Comments #Data and Analytics, #Knarr Analytics, #Qlik, #start-up

Qlik® today announced the acquisition of the assets and IP of Knarr Analytics, an innovative start-up that provides real-time collaboration, sophisticated data exploration and insight capture capabilities, to complement Qlik’s cloud data and analytics platform. Acquiring Knarr Analytics advances Qlik’s vision of Active Intelligence, where technology and processes trigger immediate action from real-time, up-to-date data to accelerate business value across the entire data and analytics supply chain.

“Every process and decision can be informed and enhanced by real-time data to trigger action and augment decision making when it matters most – what we call Active Intelligence,” said James Fisher, Chief Product Officer at Qlik. “Acquiring Knarr Analytics will help us further advance customers’ Active Intelligence, enabling tighter collaboration between data stewards and business users that will increase data use and value throughout the organization.”

The need for real-time data-driven decision making, which requires merging and using new data sources on-demand, has exposed a gap in data and analytics supply chains. This gap requires a new way of thinking that centres on collaboration between all data and analytics personas, from data integrators and data stewards to BI developers and analytics consumers.

Knarr can help create unique data and insight fabric by engaging more users throughout the analytical process, surfacing greater business context for both underlying data and resulting insights. This level of collaboration and sharing is essential to the creation of continuous intelligence at the core of Active Intelligence that drives action and value from data.

Knarr IP will enhance the Qlik Sense® analytics cloud platform Insight Advisor experience, as well as the data exploration experience in the catalogue. Qlik’s customers will realize increased value and benefits through:

Sophisticated visual exploration of underlying data models before building analytics

A glossary in the catalogue for an added business context, helping data consumers understand what specific data will best help answer their questions

Real-time, multi-player collaboration to generate insights interactively with a team, helping organizations remove barriers between data and analytics users

Ability to capture and share these insights with notes and snapshots, while automatically capturing the exploration state and context, enriching understanding and driving action

Increased effectiveness through machine learning of Qlik’s unique approach to Augmented Intelligence, helping drive more complex analysis and better outcomes for users of all levels

Terms of the deal are not being disclosed. Knarr Analytics co-founder and CTO Speros Kokenes, a Qlik Luminary, will be joining Qlik as a member of the Applied Research and Emerging Technology Team. As of today, Knarr Analytics products will no longer be for sale, and Qlik will support existing prospects and partners while bringing Knarr IP into Qlik’s cloud platform throughout 2021.