Mar-23
Industry Cloud Pillars: The Users' Perspective
Industry Cloud Pillars: The Users' Perspective
Mar-23 DOC # US50471823 Presentation
This IDC Market Presentation gives the users' perspective on industry cloud pillars. The six main attributes, or pillars, supporting industry clouds capture the mix of technical components, operational conditions, and partner ecosystem qualities that make them an attractive operational model for both buyers and vendors. This IDC Market Presentation describes the six pillars and provides survey-based analysis of how they are prioritized and evaluated by industry cloud users. Mapping the ROI metrics used for measuring industry cloud performance back to the six pillars shows how industry clouds' unique model translates into value for the enterprise. This document also includes overall ratings of industry cloud vendors by different user roles and by types of vendors.
Mar-23
The Six Pillars of Industry Cloud Selection
The Six Pillars of Industry Cloud Selection
Mar-23 DOC # US50435923 Insight
This IDC Perspective explains how companies considering industry clouds should approach the evaluation and selection process. As a new, platform-based model for engagement with end customers and ecosystem partners, industry clouds must be assessed for both their technology and business fit for the company while keeping in mind incumbent technology providers, value chain implications, and other related factors. IDC proposes six evaluation criteria or pillars that businesses can use to make an informed industry cloud selection and describes the rationale for each.
"IDC has a deep understanding of the industry cloud market after covering it for over a decade," said Bob Parker, senior vice president and general manager for Manufacturing, Retail, Energy, and Financial Insights at IDC. "Our six industry cloud pillars were chosen based on this knowledge and the new dynamics created in the market by the entry of the major enterprise cloud, software, and services providers. The criteria provide industry cloud buyers with a comprehensive framework for evaluating the current offerings and making the right decision for their business."
Mar-23
IDC PlanScape: Planning for Industry Ecosystems
IDC PlanScape: Planning for Industry Ecosystems
Mar-23 DOC # US50218023 IDC DecisionScape
This IDC PlanScape is a guide for organizations across all industries planning to evolve their linear value chain approach to a multifaceted, dynamic industry ecosystem strategy. Increasingly, organizations are realizing the benefit of developing new business models with partners within and outside their industry that are focused on sharing data and insights, sharing applications, and sharing operations and expertise.
"While the specific approach and breadth of industry ecosystems will differ for each organization, what is consistent is the need to establish a unified foundation of data, applications, and operations. This approach enables flexible operations in the face of any disruption or opportunity and consistent, timely innovation," said Jeffrey Hojlo, research vice president, IDC's Future of Industry Ecosystems.
Mar-23
The Utility of ChatGPT in the Supply Chain
The Utility of ChatGPT in the Supply Chain
Mar-23 DOC # US50421623 Insight
This IDC Market Perspective examines the impact potential for ChatGPT in the supply chain. "IDC believes we are seeing the birth of a powerful tool that can be used professionally. The free-access version of ChatGPT democratizes the information that's available online. Everyone can start testing its capabilities. The outputs can be combined with supply chain data, tools, and enterprise," says Jan Burian, head of IDC Manufacturing Insights for EMEA.
Mar-23
IDC Market Glance: Smart Manufacturing, 1Q23
IDC Market Glance: Smart Manufacturing, 1Q23
Mar-23 DOC # EUR149928222 Presentation
This IDC Market Presentation provides a glance at the current makeup of the smart manufacturing market landscape for manufacturing industries.
Feb-23
CES 2023: Leveraging Industry Ecosystems to Solve Complex Problems
CES 2023: Leveraging Industry Ecosystems to Solve Complex Problems
Feb-23 DOC # US47771522 Insight
This IDC Perspective provides our observations and key takeaways related to industry ecosystems from the digital version of CES 2023.
"CES continues to be a place for ecosystem participants to gather, form new ventures, and innovate together. What was reinforced at the event is that organizations innovate faster, ensure improved quality and safe experiences for customers, and perform better when they collaborate with ecosystem partners. Digital transformation investments are now being extended outside the organization to build new business models with partners, so the common mission and end customer can be better served." — said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems
Feb-23
Monitoring IBM's Performance in 2023
Monitoring IBM's Performance in 2023
Feb-23 DOC # lcUS50431823 IDC Link
We track the financial performance of many major technology vendors, but we are not financial analysts. We do so because these companies, such as IBM, account for a large portion of spending at our tech buyer clients and have an outsized presence in the markets they compete and partner in which makes their performance very important to our tech supplier clients. The quarterly financial results and attendant executive commentary provide an important basis for our ongoing coverage of these important technology vendors.
In the past, we have written our analysis relatively independently each quarter, but given the uncertainty entering 2023, we will be taking a bit more structured approach. In this document, we are identifying what we believe to be the critical success factors for IBM. Each quarter, we will provide specific commentary on how we see their progress against these considerations. Our objective is to give our readers a more cohesive view of performance as the year goes on.
Feb-23
IDC FutureScape: Pivoting to Digital Business During the Storms of Disruptions in Europe – IDC Europe's Top Predictions for 2023 and Beyond (eBook)
IDC FutureScape: Pivoting to Digital Business During the Storms of Disruptions in Europe – IDC Europe's Top Predictions for 2023 and Beyond (eBook)
Feb-23 DOC # EUR150220023 Insight
This IDC eBook provides a look at IDC's predictions for 2023 and beyond, based on IDC's European FutureScape 2023 webcast, to help leaders target their technology investments and succeed in pivoting to digital business during storms of disruptions.
In the past few years, organizations have accelerated investments in digital transformation to navigate headwinds and crosswinds while leveraging tailwinds to drive business outcomes. In the current environment, when interconnected economic, political, and social disruptions are threatening organizational and business health, acting as a digital-first organization is a mandate for companies to survive and thrive in the digital business era.
Leveraging technology will be essential on this journey to create value (quickly) and become a digital business by reshaping organizational structures, evolving operational practices and rethinking business models.
Feb-23
Empowering the Agile Enterprise with Data-Driven, Connected Industry Ecosystems Webinar
Empowering the Agile Enterprise with Data-Driven, Connected Industry Ecosystems Webinar
Feb-23 DOC # US50309523 Event Proceeding
This IDC Web Conference highlights a discussion by IDC's Future Enterprise research leads Paul Hughes and Jeff Hojlo on the importance of connectivity as a building block for new industry ecosystem business models. Organizations are expanding ecosystems to include new participants inside and outside their core industries. They are sharing data and insights, codeveloping applications, and sharing operations and expertise; end-user expectation is that products and services are now delivered in a blended physical and digital way. All of this requires rapid, reliable connectivity that enables data to be in motion across ecosystems.
Feb-23
Balancing Resiliency with Efficiency in the Supply Chain — The C-Suite Perspective
Balancing Resiliency with Efficiency in the Supply Chain — The C-Suite Perspective
Feb-23 DOC # US50246923 Insight
This IDC Market Perspective looks at the importance of balancing supply chain resiliency with efficiency.
"Although resiliency as a top priority is a relatively recent development, largely as a consequence of the broad impact of the global COVID-19 pandemic, cost optimization and operational efficiency have long been among the most important priorities for operations and the supply chain. Supply chains must be able to balance both," says Simon Ellis, group vice president for Supply Chain at IDC.
Feb-23
Improving Time to Expertise in Manufacturing and Warehouse Operations
Improving Time to Expertise in Manufacturing and Warehouse Operations
Feb-23 DOC # US50249023 Insight
This IDC Market Perspective examines the importance of improving operational time to exercise among employees.
"Ultimately, using technology to either digitize or automate factory floor and warehouse operational processes means that employees at all points on the experience continuum will have easy and complete access to the tools and resources they need to maintain peak productivity," says Simon Ellis, group VP for Manufacturing and Supply Chain at IDC.
Feb-23
SAP's 4Q22 and Full-Year 2022 Earnings Meet Guidance, Setting the Stage to Better Compete in the Digital World
SAP's 4Q22 and Full-Year 2022 Earnings Meet Guidance, Setting the Stage to Better Compete in the Digital World
Feb-23 DOC # lcUS50352023 IDC Link
SAP recently announced its 4Q22 and full-year 2022 results. All results discussed in this document will be non-IFRS constant currencies, unless otherwise specified. In addition, this earnings call was the 37th and final earnings call for the current SAP CFO Luka Mucic. Dominik Asam will be the new SAP CFO, effective March 7, 2023.
The 4Q22 financials show cloud revenue growth up 22% to €3.4 billion, which brings an increase in cloud backlog of 24% to €12.0 billion. Total revenue was up only 1% to €8.4 billion. Operating profits were up 2% to €2.6 billion.
For full-year 2022, cloud revenue growth was up 24% to €12.6 billion. Total revenue was up 5% to €30.9 billion. Operating profits were down 7% to €8.0 billion. Cloud gross margin was up 2.1 percentage points to 71.6%.
Feb-23
IBM 4Q22 Earnings: Ensuring IBM Is Part of the Long-Term Solution in Disruptive Times
IBM 4Q22 Earnings: Ensuring IBM Is Part of the Long-Term Solution in Disruptive Times
Feb-23 DOC # lcUS50238823 IDC Link
IBM's earning release for 4Q22 reported revenue of $16.7 billion, up 6.3% y/y in constant currency and flat y/y as reported. This growth data in this document will be presented in terms of constant currency, unless otherwise noted. 4Q22 also marked the end of the first full year since the Kyndryl separation, with the "new" IBM achieving $60.5 billion in full-year revenue (up 12% y/y), driven by continued client interest in our hybrid cloud software and consulting services. Free cash flow for the full year was $9.3 billion. Like all other technology providers, IBM faces questions about its 2023 outlook. The company stated that it expects to grow revenue that is consistent with the previous mid-single-digit growth guidance in constant currency, generating about $10.5 billion in free cash flow.
CEO and Chairman Arvind Krishna reemphasized that hybrid cloud and artificial intelligence (AI) are the foundation of IBM's ongoing business strategy. In 2023, the company will ensure that its Software, Consulting, and Infrastructure units focus on helping enterprises make more efficient and effective use of technology and data assets to navigate potential disruptions and establish a trusted foundation for long-term digital business operations.
Feb-23
Environmental Sustainability a Leading Initiative for Industry Ecosystems
Environmental Sustainability a Leading Initiative for Industry Ecosystems
Feb-23 DOC # US50148023 Presentation
This IDC Survey Spotlight, which examines results from our 2022 Future of Industry Ecosystems Global Survey (n = 1,270), fielded to CXOs, business-line executives, and IT leaders, environmental sustainability remains a focus initiative among ecosystem partners. We asked the following question: When you consider the collective capital you have across the industry ecosystems you participate in, what are your top initiatives? (By "capital", we mean asset, operational, financial, and people.) The top answer of environmental sustainability shows there is a recognition that the area is too complex for any one organization to address on its own.
In our Future of Industry Ecosystems practice, we focus on three key areas: shared data and insights, shared and codeveloped applications, and shared operations and expertise. Also important in our research is enabling blended physical and digital ways of delivering products and services to the end customer and collaborating with ecosystem partners. Each of these areas can contribute to improving an organization's environmental sustainability footprint.
We will continue to explore other topics related to environmental sustainability across ecosystems, covered in our current and future research: these include which participants in an ecosystem are most important (e.g., tech providers, public entities, service providers), what IT investments are and will be made, and analysis on the top sustainability use cases across industry.
Feb-23
IDC Survey: Future of Industry Ecosystems — Utilities Industry
IDC Survey: Future of Industry Ecosystems — Utilities Industry
Feb-23 DOC # US50123523 Presentation
This IDC Survey presents data for the utilities industry from IDC's Future of Industry Ecosystem Survey. In May and June 2022, we fielded our second annual global survey to 1,270 executives across 5 regions and 11 countries. The goal was to determine executive and business leader sentiment on industry ecosystems, maturity of current approach, and future plans for IT and use case investment. Respondents spanned multiple domains and included CXOs, business-line leadership, and IT management.
Key findings from the survey include:
Another key area of focus for organizations when they consider the design and operation of their industry ecosystem is improvement of customer, consumer, citizen, or patient engagement and experience. That is, how does the shared, open approach of industry ecosystems (shared data and insights, shared applications, shared operations and expertise) better facilitate this?
This IDC Survey on the future of industry ecosystems is focused on the utilities sector cut of this survey data. This industry is faced with a trilogy of challenges, which increasingly require organizations to expand their set of ecosystem partners within and external to their core industry:
Joint ventures are becoming more common in the utilities industry, and there is a recognition that digital investments must be made that enable easier collaboration, sharing of data and applications, and consistent engagement with the end customer. IDC's Future of Industry Ecosystem Survey provides a view into how these organizations are currently working and planning to work with their ecosystem partners.
Feb-23
The Lights Are Always On: We Need the Right Parts to Resolve a Costly Issue
The Lights Are Always On: We Need the Right Parts to Resolve a Costly Issue
Feb-23 DOC # lcUS50206523 IDC Link
The connected world is both smarter and more complex as digital technologies and advancements still rely on physical, finite resources. When something breaks or an asset within a facility fails, issue resolution requires field service, maintenance, supply chain, IoT insights, and skilled labor to execute in order to avoid customer dissatisfaction, extended downtime, and rising costs to operate.
Jan-23
IDC Survey Spotlight: How Do the Retailers' Challenges in Top Core Processes Differ by Market in Asia/Pacific?
IDC Survey Spotlight: How Do the Retailers' Challenges in Top Core Processes Differ by Market in Asia/Pacific?
Jan-23 DOC # AP50052922 Presentation
This IDC Survey Spotlight looks at the top core processes in which retailers are facing the most challenges, by market. Each market has different challenges; but overall, most markets have challenges in similar core processes.
The data in this document comes from IDC's Retail Core Processes and Applications survey for Asia/Pacific (May 2021; n = 210 retailers). Respondents are all from the Asia/Pacific region.
Jan-23
IDC Survey Spotlight: What Devices Are Retailers Investing or Planning to Invest into?
IDC Survey Spotlight: What Devices Are Retailers Investing or Planning to Invest into?
Jan-23 DOC # AP50052822 Presentation
This IDC Survey Spotlight highlights current trends in retail in terms of investing into devices for work. IDC's Future Enterprise Resiliency & Spending Survey, Wave 9 (October 2022, n = 48 retailers) shows that the need for devices that can assist the employees is increasing and across devices we see increase in planned investments.
"Retailers have realized that customers now have access to a lot of data online and on their personal devices, and therefore retail employees also need to be properly equipped to be able to service these new customers well and in the real time," said Ayush Narain, research manager, IDC Retail Insights.
Jan-23
The Rise of Artificial Intelligence in the Asia/Pacific Retail Industry
The Rise of Artificial Intelligence in the Asia/Pacific Retail Industry
Jan-23 DOC # AP49942622 Insight
This IDC Perspective discusses the role of big data and analytics (BDA), artificial intelligence (AI), and Internet of Things (IoT) in the Asia/Pacific retail sector. It further discusses how the retail industry has changed in a post-COVID-19 scenario and how these technologies are now key to tackling these changes in customer behavior. Once implemented, BDA, AI, and IoT can automate, streamline, and help with making accurate decisions across the retail value chain. For retailers, opting out of these technologies could mean missing out on gaining a competitive advantage.
"Setting up a foundation for artificial intelligence, which allows scalability for future innovations and technology stacks, is key for retailers. Given the changing consumer behavior, leveraging this technology along with big data and analytics and machine learning is critical in being able to adapt and stay ahead of the competition," says Ayush Narain, retail analyst, IDC Retail Insights for Asia/Pacific.
Jan-23
NVIDIA's Launch of Omniverse Cloud Services: Opportunities for Industrial Metaverse Concept Development
NVIDIA's Launch of Omniverse Cloud Services: Opportunities for Industrial Metaverse Concept Development
Jan-23 DOC # EUR250011423 Insight
This IDC Market Note covers NVIDIA's recent plans to launch Omniverse Cloud services for building and operating industrial metaverse applications. NVIDIA will provide developers and enterprise teams with a comprehensive suite of cloud services to design, publish, operate, and experience metaverse applications from anywhere.
"When dealing with industrial metaverse projects, most companies may feel overwhelmed by technological complexities. The availability of one-stop solutions such as NVIDIA's Omniverse Cloud, combined with the support of companies such as AWS and Siemens, can make this journey easier and faster for companies willing to take the leap." — Jan Burian, associate vice president, IDC Manufacturing Insights
Jan-23
IDC FutureScape Webcast: Worldwide Future of Industry Ecosystems 2023 Predictions
IDC FutureScape Webcast: Worldwide Future of Industry Ecosystems 2023 Predictions
Jan-23 DOC # US49984222 Event Proceeding
This IDC Web Conference presents a discussion of IDC's 2023 predictions for future of industry ecosystems. Industry ecosystems have become the next evolution in digital transformation, as organizations realize the importance of building new business models with their partners. Use cases will span shared data and insights, shared applications, shared operations and expertise, delivering products and services in a blended physical/digital way, and optimization of collective capital. Join Research Vice President Jeffrey Hojlo for this interactive session on the future of how end-user organizations will work with their partner ecosystems across multiple industries for the next five years.
To learn more about IDC FutureScape 2023, go to www.idc.com/events/FutureScape.
Dec-22
Worldwide Logistics and Transportation Management Applications Market Shares, 2021: Logistics Urgency
Worldwide Logistics and Transportation Management Applications Market Shares, 2021: Logistics Urgency
Dec-22 DOC # US49846922 Study
This IDC study provides the worldwide market shares for logistics and transportation management applications. This market grew nicely in 2021, paced by accelerating investment in public cloud deployments. Growth in the logistics and transportation management applications market continues to be driven by the historical need for omni-channel "buy anywhere, fulfill anywhere" processes, but it is also being driven by the need for digital competencies to allow the supply chain to pivot to new business models and seize on new opportunities.
"The importance of the supply chain in an inherently disruptive world is critical for businesses to meet their performance targets. Without the use of modern supply chain logistics tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. Supply chain logistics investments are both a competitive necessity and key to driving a differentiating edge over peers," says Travis Eide, program director, Global Supply Chain Transportation and Logistics.
Dec-22
Worldwide Supply Chain Planning Applications Market Shares, 2021: Planning Resiliency
Worldwide Supply Chain Planning Applications Market Shares, 2021: Planning Resiliency
Dec-22 DOC # US49846122 Study
This IDC study provides the worldwide market shares for supply chain planning applications. This market grew nicely in 2021, paced by accelerating investment in public cloud deployments. Growth in the supply chain planning applications market continues to be driven by the historical need for omni-channel "buy anywhere, fulfill anywhere" processes, but it is also being driven by the need for digital competencies to allow the supply chain to pivot to new business models and seize on new opportunities.
"The importance of the supply chain in an inherently disruptive world is critical for businesses to meet their performance targets. Without the use of modern supply chain planning tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. Supply chain planning investments are both a competitive necessity and key to driving a differentiating edge over peers," says Eric Thompson, program director, Global Supply Chain Planning Strategies.
Dec-22
Worldwide Supply Chain Logistics and Transportation Management Applications Software Forecast, 2022-2026
Worldwide Supply Chain Logistics and Transportation Management Applications Software Forecast, 2022-2026
Dec-22 DOC # US49850222 Study
This IDC study discusses the forecast for the worldwide supply chain logistics and transportation management applications software market. Off a 2021 rebound, this market is expected to see good growth through 2026 as organizations look to better optimize their supply chain operations in the short term while ensuring they are resilient to market disruptions in the longer term. Clearly, the specter of recession hangs over these markets. As of now, IDC does not see signals to temper the forecast, but that may change as we move materially into 2023. Indeed, IDC surveys suggest that while supply chain executives are mindful of operational efficiency in the short term, they recognize the importance of the supply chain as an enabler of new business models. Growth in the supply chain planning applications market will be driven by both short-term focus and long-term focus.
"In today's disruptive environment, supply chain logistics and transportation is critical for businesses to meet their performance targets. Without the use of modern logistics tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. Supply chain logistics and transportation investments are both a competitive necessity and key to driving a differentiating edge over peers," says Travis Eide, research director, Worldwide Supply Chain Transportation and Global Trade at IDC.
Dec-22
IDC's European Manufacturing Summit 2022: Analyst Snapshot
IDC's European Manufacturing Summit 2022: Analyst Snapshot
Dec-22 DOC # EUR149914621 Insight
This IDC Perspective summarizes key takeaways from IDC's European Manufacturing Digital Summit 2022, which took place on November 15, 2022. The key theme of this year's summit was "Thriving in the Manufacturing Industry with PRIME." An impressive panel of speakers from our partners and manufacturing CXO community, complemented by insights from our European IDC Manufacturing Insights team, contributed to this event.
"The IDC European Manufacturing Digital Summit 2022 was very well-received by our manufacturing CXO community and our partners as it provided an opportunity to get the latest insights from IDC and its partners, discuss industry challenges, share lessons learned, and network with peer groups. The theme for our summit was 'Thriving in the manufacturing industry with PRIME' — a framework designed by the IDC Insights team to guide CEOs and C-suites on how manufacturers can master the current storms of disruption and thrive in the future by focusing on the five key elements: Purpose, Resilience, Imagination, Mastery, and Ecosystems. We have already started prep work for our next year's executive exchange scheduled on May 22 and 23 in Cascais, Portugal. We look forward to continuing the dialogue with our 2023 theme 'The Purpose-Led Manufacturer: Thriving with Impact, Scale, and Trust'," said Gunjan Bassi, research manager, IDC Manufacturing Insights, Europe.
Dec-22
From "Posters" to "Practice" — Operationalizing Sustainability in Manufacturing
From "Posters" to "Practice" — Operationalizing Sustainability in Manufacturing
Dec-22 DOC # US49857222 Insight
This IDC Perspective discusses how sustainability has become perhaps THE hot topic in manufacturing these days, eclipsing even the COVID-19 pandemic–fueled journey to resiliency.
"This study argues for operationalizing sustainability in the manufacturing industry and how carbon neutrality will play an important role in defining business success over the next decade," says Simon Ellis, VP, IDC's Manufacturing Insights and Worldwide Supply Chain.
Dec-22
Gaining Innovation and Value from Industry Ecosystems — Future Enterprise Planning Guide
Gaining Innovation and Value from Industry Ecosystems — Future Enterprise Planning Guide
Dec-22 DOC # US49929222 Presentation
This IDC Tech Buyer Presentation provides CIOs with strategy and advice to gain more value and spark innovation in their organization through industry ecosystems. They will gain tools to evolve partner networks into powerful systems that increase the breadth and value of products and services, grow audiences, build strong competitive strengths, and deliver continuous innovation. It includes peer advice and clear steps for assessing partner situations and exploring strategies to leverage those into industry ecosystems to keep up with the complexity of changing products, supply chains, digital experiences, and customer preferences.
"Industry ecosystems can deliver products, services, and experiences that would be difficult, if not impossible, for individual businesses to achieve on their own," says Jeffrey Hojlo, research vice president, Future of Industry Ecosystems and Product Innovation at IDC. "Every organization needs an external source of data, insights, applications, operations, and expertise to complement and grow its business."
Dec-22
Worldwide Supply Chain Management Applications Forecast, 2022–2026
Worldwide Supply Chain Management Applications Forecast, 2022–2026
Dec-22 DOC # US49850022 Study
This IDC study discusses the forecast for the worldwide supply chain management applications market. Off a rebound 2021, this market is expected to see good growth through 2026 as organizations look to both better optimize their supply chain operations in the short term while ensuring they are resilient to market disruptions in the longer term. Clearly, the specter of recession hangs over these markets, but as of now, IDC does not see signals to temper the forecast for now, though that may change as we move materially into 2023. Indeed, IDC surveys suggest that while supply chain executives are mindful of operational efficiency in the short term, they recognize the importance of the supply chain as an enabler of new business models. Growth in the supply chain management applications market will be driven by both this short-term and long-term focus.
"In today's disruptive environment, the supply chain is critical for businesses to meet their performance targets. Without the use of modern tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. SCM investments are both a competitive necessity and key to driving a differentiating edge over peers," says Simon Ellis, VP, Manufacturing Insights and Worldwide Supply Chain Strategies at IDC.
Dec-22
Worldwide Supply Chain Planning Applications Forecast, 2022-2026
Worldwide Supply Chain Planning Applications Forecast, 2022-2026
Dec-22 DOC # US49850122 Study
This IDC study discusses the forecast for the worldwide supply chain planning applications market. Off a rebound 2021, this market is expected to see good growth through 2026 as organizations look to better optimize their supply chain operations in the short term while ensuring they are resilient to market disruptions in the longer term. Clearly, the specter of recession hangs over these markets, but as of now, IDC does not see signals to temper the forecast, though that may change as we move materially into 2023. Indeed, IDC surveys suggest that, while supply chain executives are mindful of operational efficiency in the short term, they recognize the importance of the supply chain as an enabler of new business models. Growth in the supply chain planning applications market will be driven by both this short-term and long-term focus.
"In today's disruptive environment, supply chain planning is critical for businesses to meet their performance targets. Without the use of modern planning tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. Supply chain planning investments are both a competitive necessity and key to driving a differentiating edge over peers," says Eric Thompson, director, Worldwide Supply Chain Planning and Multi-Enterprise Networks at IDC.
Dec-22
Worldwide Supply Chain Warehousing and Inventory Management Applications Software Forecast 2022-2026
Worldwide Supply Chain Warehousing and Inventory Management Applications Software Forecast 2022-2026
Dec-22 DOC # US49850322 Study
This IDC study discusses the forecast for the worldwide supply chain warehousing and inventory management applications software market. Off a rebound 2021, this market is expected to see good growth through 2026 as organizations look to both better optimize their supply chain operations in the short term and ensure they are resilient to market disruptions in the longer term. Clearly, the specter of a recession hangs over these markets, but IDC does not see signals to temper the forecast for now, though that may change as we move materially into 2023. Indeed, IDC surveys suggest that while supply chain executives are mindful of operational efficiency in the short term, they recognize the importance of the supply chain as an enabler of new business models. Growth in the supply chain warehousing and inventory applications market will be driven by both this short-term and long-term focus.
"In today's disruptive environment, supply chain warehousing and inventory management is critical for businesses to meet their performance targets. Without the use of modern warehouse and inventory tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. Supply chain warehousing and inventory investments are both a competitive necessity and key to driving a differentiating edge over peers," says Roderick Gaines, director, Worldwide Supply Chain Warehousing, Inventory, and Order Management at IDC.
Dec-22
Worldwide Supply Chain Warehouse and Inventory Management Applications Market Shares, 2022: Inventory Reimagined
Worldwide Supply Chain Warehouse and Inventory Management Applications Market Shares, 2022: Inventory Reimagined
Dec-22 DOC # US49846522 Study
This IDC study provides the worldwide market shares for supply chain warehouse and inventory management applications. This market grew nicely in 2021, paced by accelerating investment in public cloud deployments. Growth in the supply chain planning applications market continues to be driven by the historical need for omni-channel "buy anywhere, fulfill anywhere" processes, but it is also being driven by the need for digital competencies to allow the supply chain to pivot to new business models and seize on new opportunities.
"The importance of the supply chain in an inherently disruptive world is critical for businesses to meet their performance targets. Without the use of modern supply chain warehouse and inventory management tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. Supply chain warehouse and inventory management investments are both a competitive necessity and key to driving a differentiating edge over peers," says Rod Gaines, program director, Global Supply Chain Warehouse and Inventory at IDC.
Dec-22
SAP Spend Connect Live Advances the SAP Spend Management Vision
SAP Spend Connect Live Advances the SAP Spend Management Vision
Dec-22 DOC # lcUS49831522 IDC Link
SAP conducted its spend management–focused conference in Dallas, Texas, and used the opportunity to highlight its vision for both Intelligent Spend and the Business Network.
Dec-22
The Implications of Inflation and Potential Recession on the Manufacturing Industry
The Implications of Inflation and Potential Recession on the Manufacturing Industry
Dec-22 DOC # US49844622 Insight
This IDC Market Perspective examines the potential impact of inflation and a pending recession on the manufacturing industry, both overall and IT spending specifically.
"Manufacturers realize the importance of moving to become digital-first organizations, and this continues to translate to increased IT investment to remain competitive, regardless of economic conditions. That said, there are rising fears of a recession in 2023, and discrete and process manufacturing are two of the most exposed industries to watch," says Simon Ellis, VP, Manufacturing Insights and Worldwide Supply Chain, at IDC.
Dec-22
Worldwide Supply Chain Management Applications Market Shares, 2021: Growth Resumed
Worldwide Supply Chain Management Applications Market Shares, 2021: Growth Resumed
Dec-22 DOC # US49846822 Study
This IDC study provides the worldwide market shares for supply chain management applications. This market grew nicely in 2021, paced by accelerating investment in public cloud deployments. Growth in the supply chain management applications market continues to be driven by the historical need for omni-channel "buy anywhere, fulfill anywhere" processes, but it is also being driven by the need for digital competencies to allow the supply chain to pivot to new business models and seize on new opportunities.
"The importance of the supply chain in an inherently disruptive world is critical for businesses to meet their performance targets. Without the use of modern supply chain management tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. SCM investments are both a competitive necessity and key to driving a differentiating edge over peers," says Simon Ellis, program VP, IDC's U.S. Manufacturing Insights and Global Supply Chain Strategies practices.
Dec-22
IDC Survey: Future of Industry Ecosystems — Retail Industry
IDC Survey: Future of Industry Ecosystems — Retail Industry
Dec-22 DOC # US49889822 Presentation
This IDC Survey examines results from IDC's Future of Industry Ecosystems Survey. In May and June 2022, we fielded our second annual global survey to 1,270 executives across 5 regions and 11 countries. The goal was to determine executive and business leader sentiment on industry ecosystems, maturity of current approach, and future plans for IT and use case investment. Respondents spanned multiple domains and included CXOs, business-line leadership, and IT management.
Key findings from the survey include:
Another key area of focus for organizations when they consider the design and operation of their industry ecosystem is improvement of customer, consumer, citizen, or patient engagement and experience. That is, how does the shared, open approach of industry ecosystems (shared data and insights, shared applications, shared operations and expertise) better facilitate this?
This IDC Survey on the future of industry ecosystems is focused on the retail industry cut of this survey data. Retailers have faced consistent headwinds of the pandemic, ongoing supply and demand disruption, and inflation (among others) over the past two years and are realizing the benefits that industry ecosystems can provide.
Sharing data and insights, having access to a varied set of applications, and working closely with an expanding set of industry ecosystem partners simply make their business more resilient, innovative, and able to meet dynamic customer and consumer needs. As retailers begin to look outward to partner with other industries for new business models, the importance of this shared, open approach across ecosystems, enabled by a blended physical and digital way of working and delivery of customer experiences, will continue to rise.
Dec-22
Leading Industry Ecosystem Use Cases for Shared Data, Applications, and Operations
Leading Industry Ecosystem Use Cases for Shared Data, Applications, and Operations
Dec-22 DOC # US49842322 Insight
This IDC Perspective analyzes IDC's 2022 Future of Industry Ecosystems Global Survey data on leading industry ecosystem uses cases. One of the key questions we asked in IDC's 2022 Future of Industry Ecosystems Survey is, what are the top use cases that organizations prioritize with their partners. This document analyzes those priorities across the fundamental industry ecosystem programs of shared data and insights, shared applications, and shared operations and expertise.
"The world we live in today is uncertain, with a myriad of disruption present daily. For an organization to be truly digitally transformed, flexibility needs to be in place through an internal and external set of data, applications, operations, and expertise, securely shared through an open, cloud environment with industry ecosystem partners. It is through this platform that organizations will navigate the storms of disruption and continue to thrive. New use cases will evolve, joint ventures will emerge, and the end customer, citizen, consumer, or patient experience will continually improve," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems, at IDC.
Dec-22
Worldwide Monthly Technology Investment Monitor: November 2022
Worldwide Monthly Technology Investment Monitor: November 2022
Dec-22 DOC # US49819022 Presentation
This IDC Market Presentation highlights the worldwide monthly technology investment monitor for November 2022. Beginning in early 2022, waves of interconnected economic, political, and social disruptions threatened to batter enterprises around the world for the next several years. Those organizations that try to navigate around the storms of disruption by delaying their digital investments risk find themselves behind their competitors when the recession is over, but all will need to adopt new recession response strategies in what would be the first recession of the as-a-service era. We continue to track how these ongoing storms of disruption impact technology investment and operational priorities.
IDC's Global Technology Thought Leadership group conducts a monthly survey (IDC's Future Enterprise Resiliency and Spending Survey) to understand how IT and business leaders in enterprises around the world are assessing risks and addressing cost management for their growing portfolio of technology resources. In the Wave 9 survey conducted in September/October 2022, IDC asked 817 IT decision makers in North America, Asia/Pacific, and Europe to indicate how concerns about inflation, recession skills shortages, and other developments are affecting investment plans in major technology sectors with a focus on customer experience, operations, and industry ecosystems.
Nov-22
How Important Is Web3 and Decentralization to Industry Ecosystems?
How Important Is Web3 and Decentralization to Industry Ecosystems?
Nov-22 DOC # US49855222 Presentation
This IDC Survey Spotlight shares data from the recent IDC Future Enterprise Resiliency Survey (FERS), focusing on the key considerations of industry ecosystem technology strategy and comparing this with the actual technology investment today. IDC defines Web3 as a collection of open technologies and protocols supporting the trustless use and storage of decentralized data, knowledge, and value. Content is decentralized on DAOs (decentralized autonomous organizations), with control and value retained by users. Blockchains, NFTs, and smart contracts will play a critical role in establishing immutable transaction, communication, and collaboration that is seamless and does not have to be validated every time (i.e., "trustless").
We think as industry ecosystems evolve to include a varied set of partners, customers, suppliers, service providers, and public entities, that Web3 will be leveraged as a complement to classic enterprise business networks to provide new sources of data, innovation, applications, and expertise. IDC's 2022 Future of Industry Ecosystems Global Survey, July 2022, and IDC's Future Enterprise Resiliency Survey, October 2022, show that interest in Web3, as well as DAOs and metaverse, is strong. While it is still in the early, experimental days, organizations see how Web3 can provide a foundation, a fabric if you will, that can assure trust, enable innovation and, perhaps most importantly, scale activity.
For additional research and analysis on the opportunity for Web3 and industry ecosystems, we recommend reading the following documents:
Nov-22
SAP: Acceleration of the Cloud Continues
SAP: Acceleration of the Cloud Continues
Nov-22 DOC # lcUS49845722 IDC Link
SAP recently announced its 3Q22 results. All results discussed in the document will be non-IFRS constant currencies unless otherwise specified. The financials for 3Q22 show cloud revenue growth up 25% to €3.288, which brings an increase in current cloud backlog of 26%. Total revenue was up 5% to €7.841 billion, and cloud and software revenue up 5% to €6.710 billion. Operating profits were down 8% to €2.094 billion.
Nov-22
Defining the Future of Industry Ecosystems
Defining the Future of Industry Ecosystems
Nov-22 DOC # US49791522 Insight
This IDC Perspective analyzes the need and opportunity for this extended approach to industry ecosystems, one of the multiple types of ecosystems that companies will employ today to remain competitive, address disruption, and grow their business. Industries are expanding the capability, capacity, insight, and expertise of their teams through ecosystems, within and outside their industry.
"Why are industry ecosystems critical for success in the digitally transformed, disrupted world we live in today? Because the complexity of products, supply chains, digital experiences, and changing market and customer/consumer needs are too great for any one organization to address on its own. Organizations must continually morph with shifts in trends that will disrupt their industry value chains. As organizations understand these shifts, they form new, additional partnerships in industry ecosystems — within their industry or across others — that deliver value, create resiliency, foster innovation, and anticipate threats and opportunities," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems at IDC.
Oct-22
Future of Industry Ecosystems by Global Region
Future of Industry Ecosystems by Global Region
Oct-22 DOC # US49784322 Presentation
This IDC Survey document on the future of industry ecosystems is focused on the global view of our survey data, with comparison by region — North America, Europe, and Asia/Pacific. While similarities in focus exist, there are notable differences for some key initiatives, use cases, and IT investments in support of industry ecosystem development and operation.
In May and June 2022, we fielded our second annual global survey to 1,270 executives across 5 regions and 11 countries. The goal was to determine executive and business leader sentiment on industry ecosystems, maturity of current approach, and future plans for IT and use case investment. Respondents spanned multiple domains included CXO, business line leadership, and IT management.
Key findings from the survey include:
Another key area of focus for organizations when they consider the design and operation of their industry ecosystem is improvement of customer, consumer, citizen or patient engagement, and experience. That is, how does the shared, open approach of industry ecosystems (shared data and insights, shared applications, and shared operations and expertise) better facilitate this?
Oct-22
IBM 3Q22 Earnings: Strong Results in an Uncertain Environment
IBM 3Q22 Earnings: Strong Results in an Uncertain Environment
Oct-22 DOC # lcUS49812522 IDC Link
IBM's earning release for 3Q22 reported revenue of $14.1 billion, representing Y/Y growth of 15% (at constant currency — the balance of this document will use constant currency unless otherwise noted). Free cash flow year to date was strong at $4.1 billion. Like all other technology providers, IBM faces continued scrutiny about how signs of economic weakness, currency change, and geopolitical issues are affecting business activities. As CEO and Chairman Arvind Krishna emphasized (and IDC fully agrees), effective investment in technology is critical for addressing potential disruptions and remains a primary source of competitive advantage. He believes that the IBM focus on hybrid cloud and AI aligns the company with enterprises' ongoing shift to digital business, using technology to both compete and operate.
Oct-22
IDC FutureScape: Worldwide Mining 2023 Predictions
IDC FutureScape: Worldwide Mining 2023 Predictions
Oct-22 DOC # US48632722 IDC DecisionScape
This IDC study contains the outlook of IDC Energy Insights' analyst team for the worldwide mining industry for 2023–2028. The outlook is presented through the lens of the 10 predictions that make up, in IDC Energy Insights' view, the framework for technology-related initiatives in the year ahead for IT and line-of-business (LOB) decision makers and influencers.
"Next year, 2023 will continue the adaptation to the new normal. Organizations will utilize their newly upgraded communications networks and roll out technologically advanced operational tools. They will remain resilient in an ever-changing world and implement new tactics around talent management, ensuring the greatest value can be generated from their DX activities," says Dr. Christopher Holmes, managing director, IDC Insights Worldwide Mining.
Oct-22
State of Manufacturing: Europe Q4 2022
State of Manufacturing: Europe Q4 2022
Oct-22 DOC # EUR249766822 Presentation
This IDC Tech Buyer Presentation examines the implications of the prevailing macroeconomic situation on manufacturing organizations in the eurozone (the European Union and U.K.). With the euro area suffering from high energy prices, supply chain chaos, labor shortages, and rising inflation, manufacturing organizations must fight many battles to remain profitable and competitive at the global level.
This presentation provides technology suppliers with information about how manufacturing companies are changing their priorities to address the accelerating pace of disruption. It highlights the technological areas in which end-user organizations expect inflation to have the greatest impact. It also recommends actions that should be taken to tackle the changing business conditions affecting manufacturing organizations in Europe.
Oct-22
IDC FutureScape: Worldwide Future of Industry Ecosystems 2023 Predictions
IDC FutureScape: Worldwide Future of Industry Ecosystems 2023 Predictions
Oct-22 DOC # US49372022 IDC DecisionScape
This IDC study presents the top 10 predictions for the future of industry ecosystems for the next six years.
"Extending and opening innovation, collaboration, and operation with partners across an ecosystem inside and outside any given industry has become a critical strategy for executives and their organizations. The world and each industry landscape are too complex, dynamic, and disruptive for any one organization to address on its own. The pace of innovation makes it difficult for organizations to keep up. As such, every organization needs an external source of data, insights, applications, operations, and expertise to complement and grow their business. Expansion, collaboration, and innovation with industry ecosystems has become the next phase of digital transformation for every organization," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems.
Oct-22
IDC FutureScape: Worldwide Manufacturing 2023 Predictions
IDC FutureScape: Worldwide Manufacturing 2023 Predictions
Oct-22 DOC # US48630122 IDC DecisionScape
This IDC study provides manufacturers with the top 10 predictions and underlying drivers that we expect to impact manufacturers' IT investments in 2023 and beyond. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this document to guide their IT strategic planning efforts.
"The manufacturing industry has maintained its rapid pace of change and disruption, making the ability to adapt a premium. Manufacturers have encountered many challenges in their efforts to become more resilient while maintaining efficiency, but one of the most cited issues are outdated/legacy systems. While the predictions highlighted touch upon many areas of the business, the main theme that can be tied back to is having the proper digital infrastructure in place to serve as the foundation for transformation," according to Reid Paquin, research director of IDC Manufacturing Insights' IT Priorities and Strategies program.
Oct-22
IDC FutureScape: Worldwide Manufacturing Product and Service Innovation 2023 Predictions
IDC FutureScape: Worldwide Manufacturing Product and Service Innovation 2023 Predictions
Oct-22 DOC # US48627622 IDC DecisionScape
This IDC study provides IDC's top 10 predictions for manufacturing product and service innovation for 2023 and beyond.
"The threat of disruption has sped up many manufacturers in their prioritization of a shift to a digital business and resilient organization. Manufacturers across value chains that include engineering, asset, brand, and high-tech-oriented environments all understand at varying speeds a need to shift their value proposition to customers and stakeholders. The ability to leverage quality data sources to make real-time and better-informed decisions have become the foundation for digital transformation initiatives. Over the coming half decade, manufacturers must face both the challenges and opportunities of digitally driven business transformation, which can deliver better products, faster service, and quality customer outcomes," said Aly Pinder, program director, Service Innovation and Connected Products Strategies at IDC Manufacturing Insights.
Oct-22
IDC FutureScape: Worldwide Supply Chain 2023 Predictions
IDC FutureScape: Worldwide Supply Chain 2023 Predictions
Oct-22 DOC # US49734820 IDC DecisionScape
This IDC study provides companies across all industries with the top 10 predictions and underlying drivers that we expect will impact IT investments in the supply chain in 2023 and beyond. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this document to guide their IT strategic planning efforts.
According to Simon Ellis, program vice president, Global Supply Chain Strategies at IDC, "Disruption has been front and center again in 2022 and has largely validated the supply chain transformation journey that so many companies are on. In fact, companies that have aggressively pursued business transformation are outperforming those that have not. The supply chain will continue, must continue, on its journey of almost unparalleled levels of change with digital transformation at the center of efforts to both improve efficiency and effectiveness and be resilient to further, inevitable disruption."
Oct-22
IDC PlanScape: Digital Transformation Strategies to Support Sustainable Manufacturing
IDC PlanScape: Digital Transformation Strategies to Support Sustainable Manufacturing
Oct-22 DOC # AP48624522 IDC DecisionScape
This IDC PlanScape discusses the digital transformation (DX) strategies that support manufacturing sustainability goals that would impact future organizational, operational, and sustainability goals. Sustainable strategies are helping with improvements in the manufacturing landscape. The climate crisis in today's world urges us to rethink business practices. Businesses across Asia/Pacific (AP) are under pressure to meet the regulatory requirements that aid in mitigating the challenges of climate change and environmentally sustainable manufacturing practices. Ecologically sustainable manufacturing is where efficient production of goods occurs using processes that minimize the waste of energy, water, and other resources.
"Sustainability is now a compulsory element in organization strategy and operations to increase growth and competitiveness. Successful deployment of DX strategies for sustainable manufacturing requires a joint effort from multidisciplinary teams in the organization and stakeholders across their value chain. Prudent strategic DX planning and technology investment through use case selection are essential to grow companies' sustainability capabilities to a achieve short- and long-term organization goals," says Wai Yee Lee, research manager, IDC Manufacturing Insights.
Oct-22
IDC FutureScape: Worldwide IT Industry 2023 Predictions
IDC FutureScape: Worldwide IT Industry 2023 Predictions
Oct-22 DOC # US49563122 IDC DecisionScape
This IDC study presents the top 10 predictions and key drivers for the IT industry for the next five years. It highlights the midterm and long-term challenges that enterprise business, technology, and IT teams face as they define, build, and govern the technologies required to thrive in a digital-first world.
"For the next several years, leading technology providers must play a leading role in helping enterprises use innovative technologies to slide through the current storms of disruption." — Rick Villars, group vice president, Worldwide Research at IDC
Oct-22
IDC MaturityScape: Smart Manufacturing 2.0
IDC MaturityScape: Smart Manufacturing 2.0
Oct-22 DOC # EUR149722222 IDC DecisionScape
This IDC MaturityScape describes smart manufacturing. It also provides a framework for executive leadership, IT, and production managers to identify the stages, critical measures, outcomes, and actions required for organizations to evaluate and evolve their digital factory strategies. Organizations should use this study to identify where they stand in relation to modern digital capabilities and create a path toward achieving world-class manufacturing processes. In addition, organizations can use this IDC MaturityScape as a tool to promote cross-functional and interorganizational collaboration to drive performance improvement and bring end-to-end alignment between the network of manufacturing operations and other business functions such as product design and supply chain.
"Now more than ever, companies must look into digital transformation as an important ingredient for building long-term resilience in manufacturing. In this IDC MaturityScape, we offer a model to help companies know where they stand and take steps to drive their progress," said Lorenzo Veronesi, associate research director, IDC Manufacturing Insights.
Oct-22
IDC Survey: Future of Industry Ecosystems — Transportation and Logistics
IDC Survey: Future of Industry Ecosystems — Transportation and Logistics
Oct-22 DOC # US49737622 Presentation
This IDC Survey on the future of industry ecosystems is focused on the transportation and logistics industry cut of the survey data. The past two years of supply chain bottlenecks and capacity issues have made organizations across different industries realize that they must have multiple transportation options in place to address the current opportunity or challenge at hand. That is, a failover approach that provides multiple options at any given point, based on industry expertise, performance, and/or geography. Logistics carriers need to work within an ecosystem of providers, often competitive, supporting first to mid-mile and last-mile delivery of goods and services. This document highlights this opportunity and approach through the lens of the transportation and logistics provider.
In May and June 2022, we fielded our second annual global survey to 1,270 executives across 5 regions and 11 countries. The goal was to determine executive and business leader sentiment on industry ecosystems, maturity of current approach, and future plans for IT and use case investment. Respondents spanned multiple domains included CXO, business line leadership, and IT management.
Key findings from the survey include:
Another key area of focus for organizations when they consider the design and operation of their industry ecosystem is improvement of customer, consumer, citizen, or patient engagement and experience. That is, how does the shared, open approach of industry ecosystems (shared data and insights, shared applications, shared operations and expertise) better facilitate this?
Oct-22
Cloud Adoption Across Varied Industries in India: Banking, Financial Services, and Insurance, Manufacturing, Telco, Retail, and Media in 2022
Cloud Adoption Across Varied Industries in India: Banking, Financial Services, and Insurance, Manufacturing, Telco, Retail, and Media in 2022
Oct-22 DOC # AP48500222 Presentation
This IDC Tech Buyer Presentation summarizes cloud technology developments in India’s banking, financial services, and insurance (BFSI), manufacturing, retail, telecommunications, and media sectors in the past year. This report highlights the overall cloud spend outlook of India in these sectors and trends and factors that drive cloud adoption in the India market. The report also provides cloud-specific use cases and guidelines to successfully implement cloud technology across each sector.
Sep-22
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2022: Procurement
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2022: Procurement
Sep-22 DOC # US49675922 Study
This IDC study presents IDC's fourth iteration of digital transformation use case taxonomy for procurement. It includes descriptions of the strategic priority, programs, and use cases for this horizontal function.
"As procurement technology continues to evolve and advance, digital procurement use cases are becoming differentiators. Providers are finding that buyers are using their applications in ways they did not necessarily foresee. A library of the use cases seen in this taxonomy makes for a compelling offering." — Patrick Reymann, research director, Enterprise and Procurement Applications
Sep-22
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2022: Finance
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2022: Finance
Sep-22 DOC # US49674522 Study
This IDC study presents IDC's digital transformation (DX) use case taxonomy for finance. It includes descriptions of the strategic priority, programs, and use cases for this horizontal function.
"Amid all the disruptions and ongoing changes, financial leaders have quickly shifted toward redefining what's best for their financial operations. Financial institutions that are technology enabled can more quickly pivot into the digital world, surviving the downturn of traditional business models. CFOs are hungry for finance modernization," says Kevin Permenter, research director, Financial Applications, IDC