Article: "as-a-Service Products and Process ... Most Important Technology Industry Developments of the Next 2-3 Years"
Needham, Mass., October 18, 2022 – The International Data Corporation (IDC,) announced its top ten IT industry predictions for 2023 and beyond. The top two on the list mention both the rise and efficacy of as-a-Service models in future growth.
From the Article:
18 Oct 2022
IDC FutureScape Sees as-a-Service Products and Processes and Tech-by-Wire as Two of the Most Important Technology Industry Developments of the Next 2-3 Years
NEEDHAM, Mass., October 18, 2022 – International Data Corporation (IDC) today announced its worldwide information technology (IT) industry predictions for 2023 and beyond. The predictions were published in a new IDC FutureScape report and presented at a live event hosted by IDC's Rick Villars and Philip Carter. Both the report and a video replay of the presentation will be available at https://www.idc.com/futurescape2023.
Enterprises around the world will be battered by waves of interconnected economic, political, and social disruptions over the next several years, fracturing business plans and challenging their ability to adapt and survive. Industry leaders will slice through these storms of disruption by transforming their organizations into resilient digital businesses where value creation is based on the effective use of fast-evolving and innovative technologies.
"To succeed, IT and business leaders need to make the transition from implementing digital transformation to running a digital-first organization that connects technology to business outcomes," said Rick Villars, group vice president, Worldwide Research at IDC. "The IT and communications industries themselves will be among the most transformed as they adopt as-a-service delivery and operating models, deal with radical alterations in ecosystems and value chains, and recognize that their primary tasks are to help CIOs and their enterprises share, use, govern, and increase the value of data."
IDC's FutureScape 2023 research focuses on the external drivers that will alter the global business ecosystem over the next 12 to 24 months and the issues technology and IT teams will face as they define, build, and govern the technologies required to thrive in a digital-first world.
A closer look at IDC's top ten worldwide IT industry predictions reveals the following:
1. The Rise of as-a-Service Processes and Smart Products. IDC believes that the number of tech-centric organizations in the G500 will double in the next five years. Their expanded emphasis on adding as-a-Service (aaS) elements such as enhanced customer experience and intelligent process automation to digitally enhanced physical and virtual products will come to dominate future IT budgets.
2. as-a-Service Business Models Will Drive Growth of Tech-by-Wire. One of the most visible developments in the IT industry over the next several years will be the expanded delivery of technology via tech-by-wire (i.e., self-contained systems, software-defined functions, AI-assisted cloud-based control systems, data-driven decision making). While cost will be a primary driver of tech-by-wire adoption, additional benefits include improved digital resiliency, faster access at scale to innovative technologies, and systems simplification and the reduction of technical debt.
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Read the original article at IDC.com : https://www.idc.com/getdoc.jsp?containerId=prUS49780322
