TECH BUYER Feb 2021 - IDC TechScape - Doc # EUR147411420

IDC TechScape: Worldwide Retail-Innovation-Enabling Technologies, 2021

By: Giulio RaffaeleResearch Manager, Retail Insights, IDC Europe, Filippo BattainiHead of IDC Retail Insights, Europe, Ornella UrsoSenior Research Analyst, IDC Retail Insights

Abstract

This IDC TechScape discusses technologies that are essential to enable innovation through a retail commerce platform and to execute commerce everywhere business models efficiently and effectively. The study aims to help senior executives assess their organizations' technology landscapes to determine whether their efforts are aligned with IDC's assessment of the retail industry's overall technology adoption progress. While an individual retail organization's tolerance for risk plays a significant role in determining its plans, this study helps retailers more systematically categorize and assess relevant innovation-enabling technologies, considering adoption criteria specific to each technology.

"Retailers are currently investing considerable resources in the implementation of retail commerce platforms. Such platforms should rely on technologies with autonomic capabilities of collecting and rendering actionable data sourced from the retail extended value chain," said Giulio Raffaele, research manager, IDC Retail Insights. "According to their appetite for risk, retailers have the opportunity to plan and execute their digital road maps by identifying, selecting, and integrating the technologies that will support cost reduction in the short term and business model innovation in the long term."


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