|[November 01, 2017]|
As digitally-fueled disruptors continue to roil and reshape businesses and industries, the clear mandate for every enterprise is to reimagine and reconstruct itself to compete in the increasingly digital economy that’s platform powered and ecosystem enabled. To help CIOs and senior IT executives through this period of multiplied innovation, International Data Corporation (IDC) today published IDC FutureScape: Worldwide CIO Agenda 2018 Predictions (Doc #US41789117). These predictions lay out IDC’s (News – Alert) vision for the ten most important shifts that will happen in IT organizations over the next 36 months and will guide senior IT executives in the formation of their three-year strategic IT plan.
In today’s 11:00 a.m. EST Web conference, IDC analysts Joe Pucciarelli, Serge Findling and Michael Jennett, offered guidance for managing the implications these ten predictions harbor for IT investment priorities and implementation strategies. To register for an on-demand replay of this Web conference or any of the IDC FutureScape Web Conferences, please visit: https://www.idc.com/events/futurescapes.
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According to the new report, lines are being drawn in the sand, separating industry laggards from “digital-native enterprises” that can harness the power of technology to multiply innovation and accelerate their businesses’ appetite for transformation. In the context of continuous emergence, IDC asserts enterprise technology environments must adat at accelerated pace to the scale, scope, and speed of digital transformation.
Serge Findling, vice president of Research for IDC’s IT Executive Programs (IEP) notes, “For CIOs and senior information and technology (IT) executives, the challenge is to think and operate like a digital-native enterprise in the face of the emergence of platforms, innovation accelerators, machine learning, augmented skills, micro-personalization, new partnerships, and new relationships. At the same time, change continues to move from linear to exponential and from evolving to episodic and unpredictable – requiring businesses to build digitally fueled adaptive processes, decision-making, and technology platforms to survive, let alone thrive.”
The predictions from the IDC FutureScape for Worldwide CIO Agenda are:
Prediction 1: By 2018, 75% of CIOs Will Put Experiential Engagement, Data Monetization, or Digital Business at Scale at the Top of Their Agenda
Prediction 2: Through 2019, Dragged Down by Conflicting Digital Transformation Imperatives, Ineffective Technology Innovation, Cloud Infrastructure Transition, and Underfunded End-of-Life Core Systems (News – Alert), 75% of CIOs and Their Enterprises Will Fail to Meet All of Their Digital Objectives
Prediction 3: By 2020, 60% of the CIOs Who Have Crossed the Digital Divide Will Prevail in C-Suite Turmoil and Competition to Become Digital Business Leaders for Their Enterprises
Prediction 4: By 2019, 60% of CIOs Will Complete Infrastructure and Application Re-platforming Using Cloud, Mobile, and DevOps, Clearing the Deck for Accelerated Enterprise Digital Transformation
Prediction 5: By 2019, 60% of IT Organizations Will Deploy DX Platforms Supporting New Customer- and Ecosystem-Facing Business Models
Prediction 6: By 2019, 75% of CIOs Will Refocus Cybersecurity Around Authentication and Trust to Manage Business Risks, Initiating the Retirement of Systems That Cannot Ensure Data Protection
Prediction 7: By 2020, 40% of CIOs Will Leverage Vision- and Mission-Driven Leadership to Inspire and Empower Their Organizations to Create Digital Transformation Capabilities
Prediction 8: Recognizing the Failure of Existing IT Governance and the Need for a Shared Digital Transformation Vision; by 2020, 40% of CIOs Will Adopt New Digital Governance Models to Accelerate Innovation and Speed
Prediction 9: By 2018, 70% of CIOs Will Take Agility to the Next Level, Gearing Up to a Product Model Using Design Thinking and DevOps
Prediction 10: By 2020, 60% of CIOs Will Implement an IT Business Model and Culture That Shifts Focus from IT Projects to Digitally-Oriented Products
“As the new digital economy emerges from disruption, CIOs are seeing their last opportunity to cross the digital divide and earn their right to play in the next phase,” concluded Findling.
To learn more about the series of IDC FutureScapes, please visit: https://www.idc.com/events/futurescapes.
For additional information about these predictions or to arrange a one-on-one briefing with Serge Findling, please contact Sarah Murray at 781-378-2674 or [email protected]. Reports are available to qualified members of the media. For information on purchasing reports, contact [email protected]; reporters should email [email protected].
About IDC FutureScapes
IDC FutureScapes are used to shape IT strategy and planning for the enterprise by providing a basic framework for evaluating IT initiatives in terms of their value to business strategy now and in the foreseeable future. IDC’s FutureScapes are comprised of a set of decision imperatives designed to identify a range of pending issues that CIOs and senior technology professionals will confront within the typical 3 year business planning cycle.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC’s analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world’s leading media, data and marketing services company that activates and engages the most influential technology buyers. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter (News – Alert) at @IDC and LinkedIn.