IDC Asia/Pacific has announced its top predictions for the region and highlights how digital transformation (DX) is accelerating growth on the 3rd platform and challenging current CIO leadership model.
IDC Asia/Pacific predicts that by the end of 2017, 60% of APAC 1000 (A1000) enterprises will have digital transformation (DX) at the center of their corporate strategy, with majority even creating an independent position to oversee the DX strategy implementation.
This year, IDC’s top predictions are re-branded as IDC FutureScapes for both tech buyers/CxOs and ICT suppliers. There are three inter-related mega themes this year.
#1: CEO-led strategy in DX. By the end of 2017, 60% of the APAC top 1000 (A1000) enterprises will have digital transformation (DX) at the center of their corporate strategy.
#2: Dedicated DX executive. By 2017, 60% of companies with a DX strategy will deem it too critical for any one functional area and create an independent corporate executive position to oversee the implementation.
#3: 3rd platform IT. By 2017, over 60% of organizations’ ICT spending will be for 3rd platform technologies, solutions and services, rising to nearly 80% by 2020.
#4: Customer/intimacy at scale. By 2018, 80% of B2C and 60% of B2B organizations will overhaul their “digital front door” to support 1,000 to 10,000 times as many customers/customer touchpoints as they do today.
#5: Leading in 3D. Through 2018, two-thirds of CIOs will have embraced “Leading in 3D”, which requires them to simultaneously innovate, integrate, and incorporate.
#6: DX collaboration. By 2018, 70% of silo-ed digital transformation initiatives will ultimately fail due to insufficient collaboration, integration, sourcing or project management.
#7: Innovation capacity. By 2020, enterprises pursuing DX strategies will more than double their software development capabilities; two-thirds of their coders will focus on strategic DX apps and services.
#8: New digital revenue streams. By 2018, 35% of IT resources will be spent to support the creation of new digital revenue streams.
#9: Security and risk management. By 2016, 40% of IT organizations will shift their focus to advanced ‘contain and control’ security and away from a perimeter mentality.
#10: Data governance for insights. By 2017, two-thirds of Asian-based CIOs will initiate a data transformation and governance framework to turn information into a competitive business differentiator.
