IDC FutureScape: Worldwide Future of Industry Ecosystems 2023 Predictions
This IDC study presents the top 10 predictions for the future of industry ecosystems for the next six years."Extending and opening innovation, collaboration, and operation with partners across an ecosystem inside and outside any given industry has become a critical strategy for executives and their organizations. The world and each industry landscape are too complex, dynamic, and disruptive for any one organization to address on its own. The pace of innovation makes it difficult for organizations to keep up. As such, every organization needs an external source of data, insights, applications, operations, and expertise to complement and grow their business. Expansion, collaboration, and innovation with industry ecosystems has become the next phase of digital transformation for every organization," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems.
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 2023, Organizations that Share Data, Applications, or Operations with Their Ecosystem Partners Through Joint Ventures Will Increase Profitability by 5 Percentage Points
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Prediction 2: By 2028, Consortium-Based DAOs Will Be the De Facto Standard for Complex Industry Ecosystem Ventures that Involve a Combination of Process, Application, and Data Sharing for New Revenue Growth
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Prediction 3: By 2025, 60% of Intercompany Shared Applications Available on Industry Clouds Will Be Built on Blockchain Technology, Enabling a Robust Web3 Foundation for Industry Ecosystem Activities
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Prediction 4: By 2024, Although 80% of Global Organizations Will Leverage on-Demand Resources in Industry Ecosystems to Improve Supply Chain Logistics, only 40% Will Improve Profitability
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Prediction 5: By the End of 2026, 40% of G20 Governments Will Promote the Global Data Economy Through Funding of Technology Infrastructure, Enablement of Legal Provision, and Active Participation in Data Spaces
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Prediction 6: By 2025, 60% of G2000 Organizations Will Form Cross-Ecosystem ESG Teams that Are Accountable for Sharing of Data, Applications, Operations, and Expertise that Facilitates Sustainable Ecosystem Practices
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Prediction 7: By 2023, Only 20% of Metaverse Experiments for Industry Ecosystems Will Succeed, as Organizations Continue to Evolve Their Ability to Deliver Products and Services in a Blended Physical and Digital Way
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Prediction 8: By 2025, 25% of Organizations that Do Not Share Operations and Expertise Across Their Industry Ecosystems to Address Talent Shortages Will Struggle to Remain Viable or Be Acquired
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Prediction 9: By 2027, 60% of Industry Ecosystems Will Be Driven by Regulations for Data, IP, and Cloud that Require Standards to Be Collectively Adopted to Ensure Digital Sovereignty and Reduce Cross-Border Risk
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Prediction 10: By 2024, Organizations that Automate IT Processes for Data Model and Application Development as Well as Sharing Across Their Industry Ecosystems Will Deliver Products and Services 30% Faster
- Associated Drivers
- IT Impact
- Business Impact
- Guidance
- Advice for Technology Buyers
- External Drivers: Detail
- Storms of Disruption — Accelerating, Interconnected Uncertainty
- Geopolitical Reality — Sovereignty in the Digital World
- Cybersecurity and Risk — Scaling and Evolving Threat Environment
- 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
- Learn More
- Related Research
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