--- title: "10 Predictions for Data at the Impact Summit" description: "Explore 10 predictions for the $39B cloud data industry in 2023. Key insights from Databricks, Fivetran \u0026 DBT founders on the future of SaaS \u0026 machine learning." categories: ["trends"] keywords: ["Databricks","Fivetran","DBT","cloud data industry","machine learning","SaaS trends","data predictions","data ecosystem","Impact Summit","cloud databases"] ai_summary: "Explore 10 key predictions for the cloud data industry in 2023 from leading SaaS and machine learning experts." date: 2022-09-26 lastmod: 2026-08-04 canonical_url: https://www.tomtunguz.com/ten-predictions-for-data-2022/ author: "Tomasz Tunguz" --- 2020 is the decade of data. Look no further than the massive companies pushing the public & the private market forward: Snowflake, Databricks, Amazon, Azure, Google Cloud. It's quite possible that data products have created more market cap than any other subsegment of SaaS in the last five years. ![image](https://res.cloudinary.com/dzawgnnlr/image/upload/m7fyma1zjchouyfgikcr.png) On October 25th, I'll share my 10 predictions for data in 2023 at [The Impact Data Summit]( https://impactdatasummit.com/2022/Tomasz ). Cloud databases [generated $39b in spend](https://www.techrepublic.com/article/new-gartner-report-shows-massive-growth-database-market-fueled-cloud/), about half of all database revenue. That's a remarkable feat for products who might be just blowing out ten candles on a birthday cake. Around & atop those databases, [an ecosystem has developed](https://tomtunguz.com/data-feedback-loop/) that [transmogrify](https://en.wikipedia.org/wiki/Transmogrify) data from raw ore to into a finished product consumed by analysts & operators or highly refined fuel injected into machine learning systems. During my session, I'll answer the question: where might we be in another ten years' time? Many of the instigators of this decade's most salient wave in software will also be on the virtual stage: - Ali Ghodsi : founder & CEO of Databricks - George Fraser : founder & CEO of Fivetran - Tristan Handy : founder & CEO of DBT - Jay Kreps : founder & CEO of Confluent - Lloyd Tabb : co-founder of Looker - Barr Moses: co-founder & CEO of Monte Carlo Data Come for the practitioners, stay for the Nobel laureate Daniel Kahneman & quant blog mastermind Nate Silver of FiveThirtyEight. [Register here for the Impact Summit](https://impactdatasummit.com/2022/Tomasz).