target audience: TECH SUPPLIER Publication date: Oct 2023 - Document type: IDC Survey - Doc Document number: # US51304022
The Value of Industry Ecosystems for Digital-Native Businesses
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Abstract
This IDC Survey uses data from IDC's Future Enterprise Resiliency and Spending (FERS) Survey, collected in July 2023. It analyses digital-native businesses (DNBs) and their use and adoption of industry ecosystems. It defines industry ecosystems and details DNBs' preferred industry ecosystem contractual and business models, which initiatives they aim to deploy with industry ecosystems, the use of AI and ML in industry ecosystems, and the importance of Web3 and DAO's to industry ecosystems.
Digital-native business respondents in IDC's FERS Survey includes organizations with 500+ employees and are categorized versus non-DNBs. IDC uses the following categories:
- We are not a digital business at all: Digital technology is not core to our business model nor core to the products, services, or experience we provide.
- We are somewhat a digital business: We have implemented a digital strategy and have implemented or are in the process of transforming portions of our business to become more digital.
- We are mostly a digital business: We have implemented a digital-first strategy, and our organization has deployed digital technologies at scale across the business.
- We are a digital-native business: We started as a digital company, and digital technology remains core to our business model as well as products, or services we provide.