IDC FutureScape: Worldwide Future of Digital Innovation 2023 Predictions
This IDC study presents IDC's top 10 predictions for the future of digital innovation for 2023 and beyond."If the pandemic didn't force an organization to pivot toward digital innovation, the multitude of current headwinds ranging from inflation to war should," said Nancy Gohring, research director for IDC's Future of Digital Innovation agenda program. "Winners and losers in each sector will be determined by their ability to deliver digital innovation at scale — ethically, sustainably, and repeatedly."
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 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
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