IDC FutureScape - How to respond to the consequences of Corona?

The predictions are in the new IDC FutureScape report, presented by Rick Villars, IDC Group Vice President Worldwide Research, in a live web conference. This year's predictions are shaped by the fierce impact of the Corona pandemic, which will dramatically change the global economic system over the next 12 to 24 months (and beyond).

The consequences of Corona are omnipresent and are also influencing the external factors driving change. However, despite the disruption caused by the global pandemic in 2020, the global economy is still on track to reach its "digital destination" as most products and services are based on a digital delivery model or require digital augmentation to remain competitive. This shift will result in 65 percent of global GDP being generated digitally by 2020, resulting in $6.8 trillion in IT spending from 2020 to 2023.

In order to successfully master this phase of change, CIOs and digitally ambitious board members must focus on three areas over the next five years. In the short term, they must rectify any quick fixes and deficiencies in IT that arose during the initial crisis response.

They need to identify where the crisis and the responses to it have accelerated IT transformation in their organizations and hold on to that progress. And most importantly, they need to look for opportunities to adopt new technologies to take advantage of the industry-wide disruption and grow the business in the "new normal" with enhanced capabilities.

A detailed look at IDC's top ten global IT industry forecasts shows that the shift to cloud centralization is accelerating. By the end of 2021, 80 percent of enterprises will put in place a mechanism to move to cloud-centric infrastructures and applications twice as fast as before the pandemic, based on recent experience.

CIOs must accelerate the transition to a cloud-centric IT model to remain competitive and make the enterprise more digitally robust.
By 2023, 75 percent of the world's 2,000 largest companies will also commit to technically equipping their workers to collaborate in real time, spatially separated from the outset (rather than forced by external circumstances). This will lead to better informed, collaborative and more productive employees.