TECH BUYER Dec 2020 - IDC Perspective - Doc # US47000920

The CIO's Guide to the Future of Industry Ecosystems

By: Alizabeth CalderResearch Adjunct Advisor

Abstract

This IDC Perspective is the CIO's guide to the future of industry ecosystems. It is designed to help CIOs lead with an eye to the digital disruptions that are occurring in every industry. This document discusses approaches that companies will employ to remain competitive, address disruption, and expand their businesses. As industries innovate, partners and competitors will expand the capability, capacity, insight, and expertise of their teams through ecosystems. This CIO's guide is industry agnostic, providing an overarching view of the risks and opportunities that industry ecosystems will bring to the IT organization.

"Industry ecosystems are developing now and are going to fundamentally change how many of us do business," says Alizabeth Calder, adjunct research advisor with IDC's IT Executive Programs (IEP). "CIOs will need to get a lot right and proactively explore and invest in strategies to leverage their ecosystem and keep up with the complexity of products, supply chains, digital experiences, and changing customer preferences."


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