IDC has unveiled its top predictions for Asia Pacific excluding Japan (APeJ) at the IDC Asia/Pacific Futurescapes 2019 held in Singapore. IDC shares its top 10 predictions for ICT and industries for the next 36 months at the event every year.
This year, IDC predicts that at least 55% of organisations will be "digitally determined" by 2020. Digitally determined organisations demonstrate the ability to envision, plan, and operationalise digital transformation (DX) through ambition, grit, discipline, commitment and hard work1, IDC said. Ultimately, all digital determined organisations will aspire to become digital native enterprises2.
“To be one of the digitally determined, Asia Pacific3 organisations require more than tenacity; it requires a blueprint that consists of a single enterprise strategy, resoluteness to make required organisational and cultural changes, a long investment strategy based on the principle that digital is inherently valuable to the business; and should have a single digital platform to scale technology innovations,” says Sandra Ng, Group VP for ICT Practice at IDC Asia/Pacific.
According to Ng, the top predictions that will impact the ICT industry and both technology buyers and suppliers in the Asia Pacific region in the next 36 months are:
#1: Digital determination
By 2020, at least 55% of organisations will be digitally determined, transforming markets and reimagining the future through new business models and digitally-enabled products and services.
#2: Data monetisation
By 2020, 60% of large enterprises will create data management or monetisation capabilities, thus enhancing enterprise functions, strengthening competitiveness, and creating new sources of revenue.
#3: Digital key performance indicators (KPIs)
By 2023, 80% of entities will have incorporated new digital KPI sets – focusing on product/service innovation rates, data capitalisation, and employee experience – to navigate the digital economy.
#4: Digital twins
By 2020, 30% of A1000 companies will have implemented advanced digital twins of their operational processes which will enable flatter organisations and one-third fewer knowledge workers.
#5: Agile connectivity
By 2021, driven by line of business (LoB) needs, 60% of CIOs will deliver “agile connectivity” via APIs and architectures that interconnect digital solutions from cloud vendors, system developers, startups, and others.
#6: Blockchain-enabled DX platforms
By 2021, prominent in-industry value chains, enabled by Blockchain, will have extended their digital platforms to their entire omni-experience ecosystems, reducing transaction costs by 35%.
#7 BizOps
By 2021, 45% of CIOs will expand agile and DevOps practices into the wider business to achieve the velocity necessary for innovation, execution, and change.
#8 AI-driven edge
By 2022, over 30% of organisations’ cloud deployments will include edge computing, and 25% of endpoint devices and systems will execute AI algorithms.
#9 Digital trust
By 2020, 55% of CIOs will initiate a digital trust framework that goes beyond preventing cyberattacks and enables organisations to resiliently rebound from adverse situations, events, and effects.
#10 AI-based IT operations
Compelled to curtail IT spending, improve enterprise IT agility, and accelerate innovation, 60% of CIOs will aggressively apply data and artificial intelligence (AI) to IT operations, tools, and processes by 2021.
Ng concluded, “AI is creating a new paradigm for individuals, businesses, industries, economies and governments. It is shaping the future of intelligence in organisations and in workers. To this end, IDC predicts that by 2025, 60% of frontline connected devices will be voice-enabled, with a smart assistant, and able to control 80% of devices deployed in consumer and enterprise settings. Voice is increasingly influencing the way we work, live, learn and play.
"The race to the future enterprise has begun. No one and no entity will be spared of the need to at least reset or reboot, if not reinvent. Reinvention is the new black!”
IDC FutureScapes are used to shape IT strategy and planning for the enterprise by providing a basic framework for evaluating IT initiatives in terms of their value to business strategy now and in the foreseeable future. IDC's FutureScapes are comprised of a set of decision imperatives designed to identify a range of pending issues that CIOs and senior technology professionals will confront within the typical three-year business planning cycle.
Details:
These strategic predictions for the Asia/Pacific market are presented in full in the following reports: IDC FutureScape: Worldwide IT Industry 2019 Predictions – APeJ Implications; IDC FutureScape: Worldwide Digital Transformation (DX) 2019 Predictions – APeJ Implications; and IDC FutureScape: Worldwide CIO Agenda 2018 Predictions – APeJ Implications.
To learn more about other IDC FutureScape reports on the latest technology and industry predictions, visit IDC's FutureScapes Reports Library.
1Source: Asia/Pacific (Excluding Japan) C-Suite Barometer: DX Executive Sentiment Survey 2018-2019, #AP43909718, September 2018.
2IDC defines a digital native enterprise (DNE) as an entity that can scale its business and innovate at a pace that is an order of magnitude greater than traditional businesses.
3Asia Pacific excluding Japan (APeJ).
4 IDC defines a digital transformation (DX) as the application of 3rd platform technologies to fundamentally improve all aspects of society. DX aims to transform decision making with technology.
This year, IDC predicts that at least 55% of organisations will be "digitally determined" by 2020. Digitally determined organisations demonstrate the ability to envision, plan, and operationalise digital transformation (DX) through ambition, grit, discipline, commitment and hard work1, IDC said. Ultimately, all digital determined organisations will aspire to become digital native enterprises2.
“To be one of the digitally determined, Asia Pacific3 organisations require more than tenacity; it requires a blueprint that consists of a single enterprise strategy, resoluteness to make required organisational and cultural changes, a long investment strategy based on the principle that digital is inherently valuable to the business; and should have a single digital platform to scale technology innovations,” says Sandra Ng, Group VP for ICT Practice at IDC Asia/Pacific.
According to Ng, the top predictions that will impact the ICT industry and both technology buyers and suppliers in the Asia Pacific region in the next 36 months are:
#1: Digital determination
By 2020, at least 55% of organisations will be digitally determined, transforming markets and reimagining the future through new business models and digitally-enabled products and services.
#2: Data monetisation
By 2020, 60% of large enterprises will create data management or monetisation capabilities, thus enhancing enterprise functions, strengthening competitiveness, and creating new sources of revenue.
#3: Digital key performance indicators (KPIs)
By 2023, 80% of entities will have incorporated new digital KPI sets – focusing on product/service innovation rates, data capitalisation, and employee experience – to navigate the digital economy.
#4: Digital twins
By 2020, 30% of A1000 companies will have implemented advanced digital twins of their operational processes which will enable flatter organisations and one-third fewer knowledge workers.
#5: Agile connectivity
By 2021, driven by line of business (LoB) needs, 60% of CIOs will deliver “agile connectivity” via APIs and architectures that interconnect digital solutions from cloud vendors, system developers, startups, and others.
#6: Blockchain-enabled DX platforms
By 2021, prominent in-industry value chains, enabled by Blockchain, will have extended their digital platforms to their entire omni-experience ecosystems, reducing transaction costs by 35%.
#7 BizOps
By 2021, 45% of CIOs will expand agile and DevOps practices into the wider business to achieve the velocity necessary for innovation, execution, and change.
#8 AI-driven edge
By 2022, over 30% of organisations’ cloud deployments will include edge computing, and 25% of endpoint devices and systems will execute AI algorithms.
#9 Digital trust
By 2020, 55% of CIOs will initiate a digital trust framework that goes beyond preventing cyberattacks and enables organisations to resiliently rebound from adverse situations, events, and effects.
#10 AI-based IT operations
Compelled to curtail IT spending, improve enterprise IT agility, and accelerate innovation, 60% of CIOs will aggressively apply data and artificial intelligence (AI) to IT operations, tools, and processes by 2021.
Ng concluded, “AI is creating a new paradigm for individuals, businesses, industries, economies and governments. It is shaping the future of intelligence in organisations and in workers. To this end, IDC predicts that by 2025, 60% of frontline connected devices will be voice-enabled, with a smart assistant, and able to control 80% of devices deployed in consumer and enterprise settings. Voice is increasingly influencing the way we work, live, learn and play.
"The race to the future enterprise has begun. No one and no entity will be spared of the need to at least reset or reboot, if not reinvent. Reinvention is the new black!”
IDC FutureScapes are used to shape IT strategy and planning for the enterprise by providing a basic framework for evaluating IT initiatives in terms of their value to business strategy now and in the foreseeable future. IDC's FutureScapes are comprised of a set of decision imperatives designed to identify a range of pending issues that CIOs and senior technology professionals will confront within the typical three-year business planning cycle.
Details:
These strategic predictions for the Asia/Pacific market are presented in full in the following reports: IDC FutureScape: Worldwide IT Industry 2019 Predictions – APeJ Implications; IDC FutureScape: Worldwide Digital Transformation (DX) 2019 Predictions – APeJ Implications; and IDC FutureScape: Worldwide CIO Agenda 2018 Predictions – APeJ Implications.
To learn more about other IDC FutureScape reports on the latest technology and industry predictions, visit IDC's FutureScapes Reports Library.
1Source: Asia/Pacific (Excluding Japan) C-Suite Barometer: DX Executive Sentiment Survey 2018-2019, #AP43909718, September 2018.
2IDC defines a digital native enterprise (DNE) as an entity that can scale its business and innovate at a pace that is an order of magnitude greater than traditional businesses.
3Asia Pacific excluding Japan (APeJ).
4 IDC defines a digital transformation (DX) as the application of 3rd platform technologies to fundamentally improve all aspects of society. DX aims to transform decision making with technology.
No comments:
Post a Comment