Top 10 IT industry predictions for Australia
Digital transformation is set to attain "macroeconomic scale" over the next few years, changing the way enterprises in Australia operate and reshaping the local economy. As a result, IDC has published its top 10 technology predictions for the local market, as local businesses and IT partners make enter a future dominated by the "digital transformation economy".
10 - The rise of the 4th Platform
IDC predicts that, by 2020, one-third of the health-life sciences and consumer products companies will begin developing the first wave of products and services that tightly integrate 3rd Platform technologies with the human body.
By the mid-2020's, IDC believes, augmented humanity offerings will have become mainstream.
9 - Digital transformation benchmarks
By 2020, all enterprises' performance will be measured by a demanding new set of digital transformation-driven benchmarks, requiring 40–60 per cent better business performance, according to IDC.
8 - Digital transformation channel
IDC predicts that, by 2020, over 60 per cent of cloud services providers’ revenues will be mediated by channel partners or brokers.
7 - Digital transformation developers
By the end of 2018, over 50 per cent of the top 500 Australian companies will have dedicated digital transformation and innovation teams, according to IDC.
6 - Industry collaborative platforms
The number of industry collaborative clouds will increase to more than 50 by 2018, according to IDC. By 2020, IDC expects that over 60 per cent of the top 500 Australian companies will be digital services suppliers through industry collaborative clouds (ICCs).
5 - Immersive interfaces
IDC believes that, in 2017, 60 per cent of Australia's top 500 consumer-facing companies will experiment with augmented reality or virtual reality as part of their marketing efforts.
4 - AI everywhere
IDC predicts that, by 2020, 40 per cent of all digital transformation initiatives, and 100 per cent of all effective Internet of Things efforts, will be supported by cognitive and artificial intelligence (AI) capabilities.
3 - Cloud 2.0
Cloud will morph to become distributed, trusted, intelligent, industry-focused, and channel-mediated by 2020, according to IDC, with 67 per cent of all enterprise IT infrastructure and software spending set to go into cloud-based offerings.
2 - 3rd Platform by default
By 2019, according to IDC, 3rd Platform technologies and services will drive over 70 per cent of IT spending, growing at twice the rate of the market.
1 - The digital transformation economy
IDC predicts that, by 2020, half of the top 500 companies in Australia will become part of the digital transformation economy, as they see the majority of their business depend on their ability to create digitally enhanced products, services, and experiences.