target audience: TECH SUPPLIER Publication date: Oct 2022 - Document type: IDC Survey - Doc Document number: # US49784322
Future of Industry Ecosystems by Global Region
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Abstract
This IDC Survey document on the future of industry ecosystems is focused on the global view of our survey data, with comparison by region — North America, Europe, and Asia/Pacific. While similarities in focus exist, there are notable differences for some key initiatives, use cases, and IT investments in support of industry ecosystem development and operation.
In May and June 2022, we fielded our second annual global survey to 1,270 executives across 5 regions and 11 countries. The goal was to determine executive and business leader sentiment on industry ecosystems, maturity of current approach, and future plans for IT and use case investment. Respondents spanned multiple domains included CXO, business line leadership, and IT management.
Key findings from the survey include:
- Mitigating demand fluctuations and supply chain constraint while pursuing environmental sustainability goals are key joint initiatives for industry ecosystem partners.
- Trust and execution across industry ecosystems are the top risks to mitigate.
- Most organizations plan to, as they did last year, expand their industry ecosystems beyond their core industries.
- Service providers will play a key role in the design and enablement of industry ecosystems.
Another key area of focus for organizations when they consider the design and operation of their industry ecosystem is improvement of customer, consumer, citizen or patient engagement, and experience. That is, how does the shared, open approach of industry ecosystems (shared data and insights, shared applications, and shared operations and expertise) better facilitate this?