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2022: IDC: How IT ecosystems will evolve in the coming years. 10 forecasts
On December 13, 2022, International Data Corporation (IDC) published 10 forecasts for the development of IT ecosystems on a global scale. Organizations around the world are reportedly looking to expand their industry infrastructures as part of the next phase of digital business transformation.
One of the key success factors in the current macroeconomic situation is the presence of a flexible and effective partner network. Surveys suggest that CEOs and senior managers are aware of the critical supporting role IT ecosystem partners play in driving revenue growth and business stability. Many organizations have already taken the first steps to expand their industry infrastructures, creating systems to optimize certain indicators as needed.
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{{quote 'The landscape of each industry is too complex, dynamic and destructive for any single organization. Therefore, companies need an external source of data, ideas, knowledge and experience to expand and maintain the business. In such conditions, collaboration and innovation have become the next stage in the digital transformation of enterprises, analysts say. }}
Forecast 1
By the end of 2023, organizations that share data and information about operations with their ecosystem partners will increase profitability by 5%.
Forecast 2
By 2028, decentralized, consortium-based autonomous organizations will become the de facto standard for complex industry ecosystem enterprises using a mix of different processes, applications and data sharing tools. This will ensure further revenue growth.
Forecast 3
By 2025, 60% of enterprise-wide applications available in industry clouds will be built on blockchain technology, which will provide a reliable foundation for the functioning of industry ecosystems.
Forecast 4
While 80% of organisations will use "resources on demand" in industry ecosystems to improve supply chain logistics by 2024, only 40% will be able to improve profitability.
Forecast 5
By the end of 2026, 40% of G20 governments will promote the global data economy by financing technology infrastructure, introducing legal norms, and actively participating in digital spaces.
Forecast 6
By 2025, 60% of organizations in the world's 2,000 largest companies (Global 2000) will form cross-ecosystem ESG (Environmental, Social and Corporate Governance) teams that will be responsible for sharing data, applications and experiences. This will help in the implementation of sustainable ecosystem practices.
Forecast 7
By 2023, only 20% of metaverse experiments for industry ecosystems will succeed as organizations continue to develop models for providing products and services based on physical and digital concepts.
Forecast 8
By 2025, 25% of organisations that do not share experience and information about operations in their industry ecosystems to address personnel shortages will face the risk of absorbing or curtailing work altogether.
Forecast 9
By 2027, 60% of industry ecosystems will be governed by data, intellectual property and cloud computing regulations. This will require the adoption of special standards to ensure digital sovereignty and reduce cross-border risks.
Forecast 10
By 2024, organizations that automate IT processes to develop data and application models as well as share important information in their industry ecosystems will deliver products and services 30% faster.[1]
2021: IDC: Developing business ecosystems in the coming years
In early December 2021, IDC presented 10 forecasts for the development of business ecosystems for 2022 and beyond.
During the COVID-19 pandemic, a "digital gap" arose when companies that invested in digital technologies until 2020 went through the stages of destruction faster until the next phase of growth. Digital transformation has been accelerated by the need for remote work and collaboration with internal and external employees, and those companies that implemented pre-pandemic digital transformation initiatives have been and continue to be able to respond more flexibly.
Another component of the digital transformation that has accelerated during the pandemic is the evolution of business ecosystems from a static list of partners that from time to time provide support for a diverse, flexible and scalable set of technology providers, industry organizations, industry consortia, service providers, service and expert associations, and end consumers. In a pandemic [coronavirus pandemic] COVID-19 time, there are examples of companies, both friendly and competing, that work in tandem to share data and knowledge, applications, operations and experiences, providing products, services and experiences physically and digitally to end users from different industries.
 | Opening and expanding innovation, collaboration and working with partners inside and outside any industry has become a critical strategy for executives and their organizations, "noted IDC Vice President of Research Jeffrey Hoylo. - The world and business environment of each industry is too complex, dynamic and disruptive for any organization to solve problems on its own. Thus, each industry needs an external source of data, insights, applications, operations and expertise to grow its business. |  |
IDC's 10 projections for the development of business ecosystems for 2022 suggest a study of the digital divide between companies that digitally transformed and did not transform into a single business ecosystem by incorporating a network of ecosystem partners, industry organizations and consortia:
Forecast 1
By 2022, organizations that share data, applications and operations with their business ecosystem will receive revenue increases three percentage points higher than non-participants.
Forecast 2
By 2024, 80% of business ecosystem organizers will prescribe a uniform environmental, social and management policy (ESG) for business ecosystem participants through a management platform and applications for initial and ongoing verification.
Forecast 3
By 2023, 60% of business ecosystems will create open innovation hubs for cross-industry collaboration, collaborative application development, personalized customer engagement, and year-on-year membership growth of 5%.
Forecast 4
By 2025, 80% of business ecosystem participants will use their own products, assets and digital process twins to share data and knowledge with other participants.
Forecast 5
By 2026, 25% of the new application portfolio of global and local public, private and non-profit organizations will consist of applications developed by consortia within their business ecosystem.
Forecast 6
By 2025, blockchain will have significant applications in business ecosystems, as 80% of Global 2000 organizations use distributed registries in their ecosystem initiatives to establish and build trust.
Forecast 7
By 2022, 50% of Fortune 500 companies will manage the value of shared ecosystem data through key performance metrics such as improved operational performance, ongoing customer engagement, and advanced skills.
Forecast 8
By 2023, 25% of business ecosystems will use venture capital subsidiaries and funding from industry partners to accelerate ecosystem scaling, finance environmental initiatives and drive innovation.
Forecast 9
By 2024, 50% of federal governments will play an active role in developing, scaling and supporting the business ecosystem through legislation, funding, security, and digital and physical infrastructure.
Forecast 10
By 2026, an average of 30% of Global 2000 revenue will come from sharing business ecosystem data, applications, and operational initiatives with partners, industry organizations, and business networks.
According to IDC, organizations from all industries including manufacturing, healthcare, retail, financial services, government and construction continue to expand and develop practices with business ecosystem partners. Traditional value chains are now open iterative loops between a diverse set of partners within and outside these organizations, including within and outside their industry. As the IDC study shows, closer cooperation with business ecosystem partners is needed to stimulate innovation, acquire new skills, abilities and knowledge, and ensure fault tolerance.[2]
Notes
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