IDC Reveals Worldwide Digital Transformation Predictions

Framingham, MA - 4 November 2015

  • Kicks Off IDC FutureScape Web Conference Series
  • By the end of 2017, 2/3 of the G2000 will have Digital Transformation at the center of their corporate strategy
International Data Corporation (IDC) today kicked off its IDC FutureScape series of more than 30 on-demand Web conferences covering topics including Digital Transformation (DX), CIO Agenda, the Internet of Things (IoT), Smart Cities, Big Data and Analytics, Cloud Computing, and more.

One of the first Web conferences, IDC FutureScape: Worldwide Digital Transformation 2016 Predictions, highlighted three of the 10 key imperatives that will impact organizations and their ability to digitally transform over the next one to three years. Featuring industry analysts Cushing Anderson, Serge Findling, and Robert Parker, the presentation emphasized the major trends IDC is encountering in the areas of leadership, customer experience, information, operating models, and workforces. In addition, senior IT leaders and line-of-business executives were provided with guidance for managing the implications these imperatives harbor for their digital transformation investment priorities and implementation strategies.

The FutureScape Web conference series and accompanying IDC FutureScape reports are designed to help company leaders to capitalize on emerging market opportunities and plan for future growth. 

The predictions from the IDC FutureScape for Worldwide Digital Transformation are:

1. By the End of 2017, Two-Thirds of the CEOs of the G2000 Will Have Digital Transformation at the Center of Their Corporate Strategy

2. By 2017, 60% Companies with a DX Strategy Will Deem It Too Critical for Any One Functional Area and Create an Independent Corporate Executive Position to Oversee the Implementation

3. By 2018, 80% of B2C Companies Will Have Created Immersive, Authentic Omni-Experiences for Customers, Partners, and Employees; 60% of B2B-Centric Companies Will Have Done the Same

4. The Top New Investment Areas Through 2017 Will Be Contextual Understanding and Automated Next Best Action Capabilities

5. In 2016, 65% of Large Enterprises Will Have Committed to Become Information-Based Companies, Shifting the Organizational Focus to Relationships, People, and Intangible Capital

6. By 2018, 75% of the G2000 Will Have Deployed Full, Information-Based, and Economic Models or "Digital Twins" of Their Products/Services, Supply Network, Sales Channels, and Operations

7. By 2020, 60% of the G2000 Will Have Doubled Their Productivity by Digitally Transforming Many Processes from Human-Based to Software-Based Delivery

8. In 2016, the Level of Connectivity Related to Products, Assets, and Processes Will Increase 50% for All Industry Value Chains

9. The Sharing Economy Will Give Rise to the Networked Free Agent and Skill-Based Marketplaces, Resulting in More than 10% of Work Being Sourced in this Fashion in Mature Economies by 2019

10. By 2018, at Least 20% of All Workers Will Use Automated Assistance Technologies to Make Decisions and Get Work Done

According to IDC Research Vice President Bob Parker, "Digital transformation is not just a technology trend, it is at the center of business strategies across all industry segments and markets. Enabled by the 3rd Platform technologies of social, mobile, analytics, and cloud, digital transformation represents an opportunity for companies to redefine their customers' experience and achieve new levels of enterprise productivity. Investment related to digital transformation will constitute the majority of growth in technology markets over the next five years and, as such, is becoming a priority for technology vendors as well."

 

IDC FutureScape reports 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 three year business planning cycle.

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