IDC European 2019 FutureScape
Creating the Blueprint for Multiplied Innovation
While the momentum in the European economy has remained relatively strong in 2018, business leaders continue to focus on new ways of leveraging technology to redefine their business models to take advantage of the cyclical upswing as we head towards an exciting 2019.
IDC's research shows that 63% of European CEOs are under considerable pressure to deliver a successful digital transformation (DX) strategy, yet only a quarter of those organizations are completely digitally transformed - or what IDC defines as the Digital Native Enterprise (DNE).
IDC predicts that by 2027 that the vast majority (75%) of the companies will reach this Digital Native Enterprise state as they accelerate their digital transformation journeys. The next three years will be critical in this race, as business leaders are expected to deliver tangible business benefits from emerging innovative use cases - currently most of which are still in incubation or proof of value phase of their lifecycle. In line with this, IDC predicts that 80% of the total revenue growth for European organizations will come from their digital offerings and operations by 2022.
Join Tom Meyer, Phil Carter and a host of IDC analyst experts on the 6th of December for an interactive and content-rich live video webinar as they pick out our Top Predictions for the next phase of the European Digital Race: IDC's European FutureScape for 2019.
IDC believes that this race will be turbocharged by the following elements:
- The enterprise digital platform - a fully integrated enterprise-wide technology architecture that seamlessly connects back-office systems with front office applications.
- An aggressive modernization of legacy IT environments into an intelligent core that automatically recreates business processes in a real-time fashion.
- The redefinition of digital trust in the face of emerging technologies as blockchain and quantum computing as well as European-specific regulations such as GDPR and PSD2.
- Open innovation ecosystems that allow data sharing and monetization.
- The shift to agile organizational structures where multidisciplinary, self-forming teams employ continuous digital innovation practices to rapidly adapt to the needs of the ecosystem.