TECH BUYER Oct 2019 - IDC FutureScape - Doc # US44646019

IDC FutureScape: Worldwide Intelligent ERP 2020 Predictions

By:

Mickey North Rizza
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,
Kevin Permenter
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, Jordan Jewell, Alexandros Stratis,
Daniel-Zoe Jimenez
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,
Kevin Prouty
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,
Reid Paquin
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,
Chandana Gopal
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,
Lisa Rowan
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,
Hayley Sutherland
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, Scott Lundstrom,
Ali Zaidi
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, Maggie Slowik,
Lorenzo Veronesi
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Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Intelligent ERP 2020 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2022, 90% of New Midmarket ERP System Selections Will Prioritize Analytics, Data, and Prebuilt Cognitive Business Processes as Critical Differentiating Features That Impact System Acquisitions

Associated Drivers

IT Impact

Guidance

Prediction 2: By 2025, 50% of Business Applications Will Have Functionality That Does Not Yet Exist; New Solutions Will Support and Bridge Gaps Across the Future of Work, Intelligence, Innovation, and Customers

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2023, 45% of LOB Leaders Will Internally Develop Technology Applications, Augmenting Commercially Sourced Applications and Shifting the Development Cost and Investment from IT to the LOB

Associated Drivers

IT Impact

Guidance

Prediction 4: By 2021, 25% of ERP Systems Will Be Using AI-Driven Early Discount Rate Recommendations to Improve Enterprise Cash Flow by 35%

Associated Drivers

Business Impact

Guidance

Prediction 5: By 2022, over 75% of Enterprise Applications Will Be Powered by an Intelligent Core That Analyzes Different Types of Data from a Myriad of Sources to Improve Decision Making and Business Outcomes

Associated Drivers

IT Impact

Guidance

Prediction 6: By 2024, 80% of New Enterprise Applications Will Be Completely Redesigned to Include New User Interfaces Aided by Machine Learning and Automation Platforms for a Completely New Look and Feel

Associated Drivers

IT Impact

Guidance

Prediction 7: By 2024, 75% of Digitally Determined Enterprises Will Be Developing Machine Learning Factories, Which Will Produce Insights from the Digital Core That Can Be Commercialized

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2021, Driven by a Widening Skills Gap, 50% of Organizations Will Utilize i-ERP to Capture and Share Tribal Knowledge of Their More Experienced Employees

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2023, 70% of Enterprise Application Enablement Will Be Done from Leading-Edge Technology Partners Through the Vendor's Ecosystem

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2024, 50% of New ERP Deployments Will Consume Microservices to Perform Core Tasks, and Nearly All Net-New ERP Deployments Will Consume Some Microservices, While 25% of Legacy Apps Will Be Refactored

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

The Age of Innovation: Driving the Future Enterprise

The Platform Economy: Competing at Hyperscale

Sense, Compute, Act: Maximizing Data Value

Intelligence Everywhere: AI's Opportunity and Implications

Rising Customer Expectations: More Convenience, Customization, and Control

The Future of Work: Agile, Augmented, Borderless, and Reconfigurable

Economies of Intelligence: AI, Human, and Organizational "Learning" Fuels Asymmetrical Advantage

Learn More

Related Research

Content


Related Links