The digitization of organizations has accelerated in the last year and technology managers are getting more financial support to deploy innovations that will lay the foundations of digital business. IDC experts have revised their pre-pandemic forecasts, and now believe that digital transformation spending will increase at a faster rate than previously forecast for the 2019-2022 period, as companies pursue greater maturity. digital.
IDC experts have identified the top 10 trends that will guide CIOs when making a technology investment at this time.
double digit growth
IDC forecasts that direct investments in digital transformation will grow at a CAGR of 16.5% between 2022 and 2024, up from the 15.4% rate they previously anticipated for the period 2019-2024. This will account for 55% of all investments in information technology and telecommunications by the end of this period.
Digital GDP Rules
As a consequence of the pandemic, organizations have accelerated their digital investment, and by 2022 more than half of the global economy will be based on or influenced by digital.
Digital physical architecture
By 2023, 90% of organizations will prioritize investments in digital tools to expand physical spaces and assets with new digital experiences.
Automation of companies and ecosystems
Moreover, IDC forecasts that by 2025, 60% of organizations will drive digital disruption by focusing on enterprise and ecosystem automation, leveraging model-based business concepts, centers of excellence, and low-code platforms. /not code.
leadership for resilience
By 2026, 54% of CIOs are expected to drive business transformation, fostering digital resilience through strategic technology roadmaps and re-platforms to make their employees more agile, collaborative and data-driven.
Digital culture and empowerment
Low code/no code platforms will allow organizations to take more and better advantage of data, and it is expected that by 2024 the majority of workers in 60% of companies will lead the transformation and incorporate the concept of business resilience in their daily work.
By 2022, 55% of organizations will have expanded their resilience plans to prepare for the future, boosting the business, driving more innovation and increasing their profitability by more than 20% than their competition.
Digital ROI and results
According to IDC, by 2023 half of companies will generate more than 40% of their revenue from digital products and services, a significant increase from 2020, when they were 1 in 3.
Digital Dream Teams
In 2025, companies with a cross-functional leadership model and a team of digital experts will be able to accelerate innovation more, improve their market share and be more efficient in their operations.
Decarbonization and digitization
New digitization strategies are more mindful of environmental goals, and by 2023 less than 10% of organizations will still believe that decarbonisation is not possible, or will not have implemented carbon emission reduction plans in their company.