target audience: TECH BUYER  Publication date: Oct 2022 - Document type: IDC FutureScape - Doc  Document number: # US48598522

IDC FutureScape: Worldwide Future of Digital Innovation 2023 Predictions

By: 

  • Nancy Gohring Loading
  • Al Gillen Loading
  • Arnal Dayaratna Loading
  • Mark Thomason Loading
  • Chris Zhang Loading
  • Daniel-Zoe Jimenez Loading
  • Jennifer Thomson Loading
  • Peter Marston Loading
  • John O'Brien
  • Gary Chen Loading
  • Gard Little Loading
  • Melinda-Carol Ballou Loading
  • Jim Mercer Loading
  • George Mironescu Loading

Content



Related Links

Table of Contents


  • IDC FutureScape Figure

    • Figure: IDC FutureScape: Worldwide Future of Digital Innovation 2023 Top 10 Predictions

  • Executive Summary

  • IDC FutureScape Predictions

    • Summary of External Drivers

    • Predictions: Impact on Technology Buyers

    • Prediction 1: By 2024, the Top 5 Companies in Each Sector Will Be Those That Used Technology to Innovate Their Way Out of a Global Crisis Such as Recession or Supply Chain Disruption

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

    • Prediction 2: By 2026, 10% of Companies Will Successfully Incentivize Consumers to Share Closely Held Data to Devise Nontraditional Offerings, Improve Customer Experience, and Grow Market Share

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

    • Prediction 3: By 2024, 35% of Businesses That Build Innovative Algorithms to Glean Intelligence from Unique Data Sets Will Deliver Successful New Product Offerings and Pricing Models and Tap New Customer Segments

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

    • Prediction 4: By 2028, New Efficiencies Will Allow Developers to Increase the Share of Time They Spend on Innovation from 25% of Their Development-Related Work to 75%

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

    • Prediction 5: By 2028, Recurring Revenue from Smart Products Will Make Up 65% of Revenue for Companies That Sell "Dumb" and "Smart" Versions of the Same Products

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

    • Prediction 6: By 2026, 75% of Market Leaders Will Have Systemic, Structured Digital Innovation Programs and Investments That Support Ongoing Iterative Innovation, Enabling Growth, Scale, Agility, and Resilience

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

    • Prediction 7: By 2026, Companies That Share Data with Business Partners to Leverage Their Collective Data Sets for New Revenue Potential Will Grow Revenue 10% Faster than Those That Don't

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

    • Prediction 8: 85% of CEOs of the G2000 Will Demand Senior Leaders Deliver Data-Driven Insight into Innovation Activity Including Developer Efficiency and Business Outcomes by 2025

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

    • Prediction 9: In 2027, the Share of Non-Technology-Focused People in Companies Who Will Spend 10 Hours or More a Week Contributing to Digital Innovation Will Grow from 5% Today to 45%

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

    • Prediction 10: In 2028, 15 Large Companies Will Make Headlines for Using Digital Technologies to Manipulate Customer Experiences to Spur Upgrades and Replacements

    • Associated Drivers

    • IT Impact

    • Business Impact

    • Guidance

  • Advice for Technology Buyers

  • External Drivers: Detail

    • Storms of Disruption — Accelerating, Interconnected Uncertainty

    • Global Supply Shock — Refocusing on Multisource and Resilience

    • Digital Business — Stepping Stone to the Future Enterprise

    • Meaningful Intelligence — Differentiated Decision Power

    • Ecosystem-Based Innovation — Driving Enterprise Value

    • Work Mode Upheaval — New Models and Leadership

    • Everything as a Service — Thriving Through the Change

  • Learn More

    • Related Research