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Oct 2017 - IDC FutureScape - Doc # US43154617

IDC FutureScape: Worldwide Digital Transformation 2018 Predictions

Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Digital Transformation 2018 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By the End of 2019, DX Spending Will Reach $1.7 Trillion Worldwide, a 42% Increase from 2017

Associated Drivers

IT Impact

Guidance

Prediction 2: By 2019, All Digitally Transformed Organizations Will Generate at Least 45% of Their Revenue from "Future of Commerce" Business Models

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2020, Investors Will View Digital Businesses Differently, with Specific Measures Based on Platform Participation, Data Value, and Customer Engagement Accounting for over 75% of Enterprise Valuations

Associated Drivers

IT Impact

Guidance

Prediction 4: By the End of 2018, at Least 40% of Organizations Will Have a Fully Staffed Digital Leadership Team Versus a Single DX Executive Lead to Accelerate Enterprisewide DX Initiatives

Associated Drivers

IT Impact

Guidance

Prediction 5: By 2019, Personal Digital Assistants and Bots Will Execute Only 1% of Transactions, But They Will Influence 10% of Sales, Driving Growth Among the Organizations That Have Mastered Utilizing Them

Associated Drivers

IT Impact

Guidance

Prediction 6: By 2020, in over Half of G2000 Firms, Revenue Growth from Information-Based Products and Services Will Be Twice the Growth Rate of the Balance of the Product/Service Portfolio

Associated Drivers

IT Impact

Guidance

Prediction 7: By 2020, 85% of New Operation-Based Technical Position Hires Will Be Screened for Analytical and AI Skills, Enabling the Development of Data-Centric DX Projects Without Hiring New Data-Centric Talent

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2020, 25% of G2000 Companies Will Have Developed Digital Training Programs and Digital Cooperatives to Compete More Effectively in Talent Wars

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2019, 40% of Digital Transformation Initiatives Will Be Supported by Cognitive/AI Capabilities, Providing Timely Critical Insights for New Operating and Monetization Models

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2020, 60% of All Enterprises Will Have Fully Articulated an Organizationwide Digital Platform Strategy and Will Be in the Process of Implementing That Strategy

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

Sense, Compute, Actuate — The New Data-Centric Paradigm

Accelerating DX — Technology-Centric Transformation Altering Business and Society

Pace of Change — Technology Capabilities Enable Sustainable Change at the Speed of Digital Business

Human Versus Machine — The Impact of AI and Automation

The Future Workforce — Global Demand for Digital Talent

DX Delta — Leaders and Disruptors Widen Performance Gap

Platform Disruption — Unleashing Digital Innovation's Power for Scale

Learn More

Related Research

Referencing Documents

Related Links