The experts of the consulting firm IDC in Europe revealed last week what they believe will be the 10 most outstanding technological trends for 2020 and beyond:
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Focus on digital capabilities: At least two members of the board of directors of 25% of the top 500 European companies will have digital business excellence capabilities.
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Digital investments: In Europe more than 271,000 million dollars will be invested in digital transformation.
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Data collection from connected devices: The data collected through these devices will generate revenues of 10,500 million dollars in 2022.
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IT Modernization: 60% of companies will initiate a modernization process of their core IT, taking advantage of the cloud and improving their productivity up to 25%.
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New roles of technology leaders: 30% of organizations will define a new technology leadership role combining the functions of CIO, CTO, CDO and innovation leaders.
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Transformation to become more intelligent: In 2023, Artificial Intelligence will drive 70% of intelligent automation initiatives in Europe.
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Replacement of KPI-based metrics with KBI: By 2022, KPI-based success metrics will be replaced by KBI in 60% of major companies to accelerate employee and customer advocacy.
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Acceleration of cultural change : A third of organizations will fail to accelerate business agility and innovation due to a copycat culture.
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CISOs will become business leaders: These professionals must establish themselves as business leaders who can provide digital trust before 2022.
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Greater ethics for digital technologies: Half of European companies will report in 2024 on ethics in the use of data applied to automation and artificial intelligence.
IDC analysts made these predictions during a webinar about the future of companies and innovation in organizations. The online session recording is available at this link.
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