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‘Data Monetization’ Among Top 10 CIOs Agenda for 2018- Prediction

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“…lines are being drawn in the sand, separating industry laggards from “digital-native enterprises” that can harness the power of technology to multiply innovation and accelerate their businesses’ appetite for transformation”.

As digitally-fueled disruptors continue to roil and reshape businesses and industries, the clear mandate for every enterprise is to reimagine and reconstruct itself to compete in the increasingly digital economy that’s platform powered and ecosystem enabled.

These predictions lay out IDC’s vision for the ten most important shifts that will happen in IT organizations over the next 36 months and will guide senior IT executives in the formation of their three-year strategic IT plan.

In today’s 11:00 a.m. EST Web conference, IDC analysts Joe Pucciarelli, Serge Findling, and Michael Jennett, offered guidance for managing the implications these ten predictions harbor for IT investment priorities and implementation strategies.

According to the new report, lines are being drawn in the sand, separating industry laggards from “digital-native enterprises” that can harness the power of technology to multiply innovation and accelerate their businesses’ appetite for transformation. In the context of continuous emergence, IDC asserts enterprise technology environments must adapt at an accelerated pace to the scale, scope, and speed of digital transformation.

Serge Findling, vice president of Research for IDC’s IT Executive Programs (IEP) notes, “For CIOs and senior information and technology (IT) executives, the challenge is to think and operate like a digital-native enterprise in the face of the emergence of platforms, innovation accelerators, machine learning, augmented skills, micro-personalization, new partnerships, and new relationships. At the same time, change continues to move from linear to exponential and from evolving to episodic and unpredictable — requiring businesses to build digitally fueled adaptive processes, decision-making, and technology platforms to survive, let alone thrive.”

The predictions from the IDC FutureScape for Worldwide CIO Agenda are:

Prediction 1

By 2018, 75% of CIOs Will Put Experiential Engagement, Data Monetization, or Digital Business at Scale at the Top of Their Agenda

Prediction 2

Through 2019, Dragged Down by Conflicting Digital Transformation Imperatives, Ineffective Technology Innovation, Cloud Infrastructure Transition, and Underfunded End-of-Life Core Systems, 75% of CIOs and Their Enterprises Will Fail to Meet All of Their Digital Objectives

Prediction 3

By 2020, 60% of the CIOs Who Have Crossed the Digital Divide Will Prevail in C-Suite Turmoil and Competition to Become Digital Business Leaders for Their Enterprises

Prediction 4

By 2019, 60% of CIOs Will Complete Infrastructure and Application Re-platforming Using Cloud, Mobile, and DevOps, Clearing the Deck for Accelerated Enterprise Digital Transformation

Prediction 5

By 2019, 60% of IT Organizations Will Deploy DX Platforms Supporting New Customer- and Ecosystem-Facing Business Models

Prediction 6

By 2019, 75% of CIOs Will Refocus CybersecurityAround Authentication and Trust to Manage Business Risks, Initiating the Retirement of Systems That Cannot Ensure Data Protection

Prediction 7

By 2020, 40% of CIOs Will Leverage Vision- and Mission-Driven Leadership to Inspire and Empower Their Organizations to Create Digital Transformation Capabilities

Prediction 8

Recognizing the Failure of Existing IT Governance and the Need for a Shared Digital Transformation Vision; by 2020, 40% of CIOs Will Adopt New Digital Governance Models to Accelerate Innovation and Speed

Prediction 9

By 2018, 70% of CIOs Will Take Agility to the Next Level, Gearing Up to a Product Model Using Design Thinking and DevOps

Prediction 10

By 2020, 60% of CIOs Will Implement an IT Business Model and Culture That Shifts Focus from IT Projects to Digitally-Oriented Products

“As the new digital economy emerges from disruption, CIOs are seeing their last opportunity to cross the digital divide and earn their right to play in the next phase,” concluded Findling.

@TechEconomyNG connects past-present-emerging technological impacts on Businesses, People and Cities. All Correspondence to: [email protected]

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