Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide IT/OT Convergence 2020 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2022, a 10% Improvement in Asset Utilization Will Be Enabled by a 50% Increase in New Industrial Assets Having Some Form of AI Deployed on Edge Devices

Associated Drivers

Business Impact

Guidance

Prediction 2: By 2024, Manufactures Will Reduce the Number of IT-Related Technology Suppliers Delivering to Operations by 20% as They Streamline Collection, Analysis, and Action on Data and Increase Productivity

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2022, 35% of New Industrial IoT Applications Built Within Enterprise Environments Will Be Developed Using No-Code/Low-Code Tools

Associated Drivers

IT Impact

Business Impact

Guidance

Prediction 4: By 2021, 35% of Operation-Intensive Organizations Will Apply the Principles of OPM to Their Functional Application Portfolio, Consequently Averaging a 25% Increase in Overall Business Predictability

Associated Drivers

IT Impact

Guidance

Prediction 5: Driven by the Growing Adoption of Swarm Intelligence Within Operational Processes, 25% of Operation-Intensive Organizations Will Apply SDA Principles to Critical Operations Assets by 2024

Associated Drivers

IT Impact

Guidance

Prediction 6: Because of Board-Level Mandates on Security Risk, 90% of All Industrial Companies Will Develop IT-Driven OT Security Governance to Support Rapid Innovation by Engineers Through Connected Assets by 2023

Associated Drivers

IT Impact

Guidance

Prediction 7: By 2024, as Companies Shift to More Distributed Decision Making, 50% of Industrial Organizations Will Have Flatter Organization Structures, More Cross-Functional Collaboration, and Less Middle Managers

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2023, Because of IT/OT Technology Convergence, Technology Vendors and Asset-Intensive Industrial Companies Will Allocate 40% of Their Development Budgets to Operational Technology and Digital Services

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2021, 80% of All Industrial Companies Will Have Merged Operational Data Streams with Enterprise Data Streams to Support Broader and More Rapid Operational Innovation

Associated Drivers

IT Impact

Guidance

Prediction 10: To Sustain a Competitive Positioning, 45% of Operation-Intensive Enterprises Will Digitize All Critical Operations Assets by 2023, Resulting in 5% Average Market Share Gains Within Their Markets

Associated Drivers

Business Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

The Age of Innovation: Driving the Future Enterprise

Description

Context

Accelerated Disruption: Navigating Business Challenges as Volatility Intensifies

Description

Context

The Platform Economy: Competing at Hyperscale

Description

Context

Sense, Compute, Act: Maximizing Data Value

Description

Context

Intelligence Everywhere: AI's Opportunity and Implications

Description

Context

Rising Customer Expectations: More Convenience, Customization, and Control

Description

Context

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

Description

Context

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