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IDC FutureScape: Worldwide Digital Transformation 2018 Predictions

IDC FutureScape: Worldwide Digital Transformation 2018 Predictions

This IDC study provides IDC's top 10 predictions for digital transformation for 2017.According to Shawn Fitzgerald, research director, Worldwide Digital Transformation Strategies, "This year's DX predictions represent the latest thinking on the key programs, technologies, and processes needed to achieve success in the digital economy as more companies are embracing and engaging their enterprise transformations. While we are seeing more companies becoming more digitally capable, there is a widening gap between leaders and laggards, with significant implications for those organizations that cannot make the transition to a digital-native organization."

Please Note: Extended description available upon request.


IDC FutureScape Figure
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
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