Jan-23
NVIDIA's Launch of Omniverse Cloud Services: Opportunities for Industrial Metaverse Concept Development
NVIDIA's Launch of Omniverse Cloud Services: Opportunities for Industrial Metaverse Concept Development
Jan-23 DOC # EUR250011423 Insight
This IDC Market Note covers NVIDIA's recent plans to launch Omniverse Cloud services for building and operating industrial metaverse applications. NVIDIA will provide developers and enterprise teams with a comprehensive suite of cloud services to design, publish, operate, and experience metaverse applications from anywhere.
"When dealing with industrial metaverse projects, most companies may feel overwhelmed by technological complexities. The availability of one-stop solutions such as NVIDIA's Omniverse Cloud, combined with the support of companies such as AWS and Siemens, can make this journey easier and faster for companies willing to take the leap." — Jan Burian, associate vice president, IDC Manufacturing Insights
Jan-23
IDC FutureScape Webcast: Worldwide Future of Industry Ecosystems 2023 Predictions
IDC FutureScape Webcast: Worldwide Future of Industry Ecosystems 2023 Predictions
Jan-23 DOC # US49984222 Event Proceeding
This IDC Web Conference presents a discussion of IDC's 2023 predictions for future of industry ecosystems. Industry ecosystems have become the next evolution in digital transformation, as organizations realize the importance of building new business models with their partners. Use cases will span shared data and insights, shared applications, shared operations and expertise, delivering products and services in a blended physical/digital way, and optimization of collective capital. Join Research Vice President Jeffrey Hojlo for this interactive session on the future of how end-user organizations will work with their partner ecosystems across multiple industries for the next five years.
To learn more about IDC FutureScape 2023, go to www.idc.com/events/FutureScape.
Dec-22
IDC's European Manufacturing Summit 2022: Analyst Snapshot
IDC's European Manufacturing Summit 2022: Analyst Snapshot
Dec-22 DOC # EUR149914621 Insight
This IDC Perspective summarizes key takeaways from IDC's European Manufacturing Digital Summit 2022, which took place on November 15, 2022. The key theme of this year's summit was "Thriving in the Manufacturing Industry with PRIME." An impressive panel of speakers from our partners and manufacturing CXO community, complemented by insights from our European IDC Manufacturing Insights team, contributed to this event.
"The IDC European Manufacturing Digital Summit 2022 was very well-received by our manufacturing CXO community and our partners as it provided an opportunity to get the latest insights from IDC and its partners, discuss industry challenges, share lessons learned, and network with peer groups. The theme for our summit was 'Thriving in the manufacturing industry with PRIME' — a framework designed by the IDC Insights team to guide CEOs and C-suites on how manufacturers can master the current storms of disruption and thrive in the future by focusing on the five key elements: Purpose, Resilience, Imagination, Mastery, and Ecosystems. We have already started prep work for our next year's executive exchange scheduled on May 22 and 23 in Cascais, Portugal. We look forward to continuing the dialogue with our 2023 theme 'The Purpose-Led Manufacturer: Thriving with Impact, Scale, and Trust'," said Gunjan Bassi, research manager, IDC Manufacturing Insights, Europe.
Dec-22
Gaining Innovation and Value from Industry Ecosystems — Future Enterprise Planning Guide
Gaining Innovation and Value from Industry Ecosystems — Future Enterprise Planning Guide
Dec-22 DOC # US49929222 Presentation
This IDC Tech Buyer Presentation provides CIOs with strategy and advice to gain more value and spark innovation in their organization through industry ecosystems. They will gain tools to evolve partner networks into powerful systems that increase the breadth and value of products and services, grow audiences, build strong competitive strengths, and deliver continuous innovation. It includes peer advice and clear steps for assessing partner situations and exploring strategies to leverage those into industry ecosystems to keep up with the complexity of changing products, supply chains, digital experiences, and customer preferences.
"Industry ecosystems can deliver products, services, and experiences that would be difficult, if not impossible, for individual businesses to achieve on their own," says Jeffrey Hojlo, research vice president, Future of Industry Ecosystems and Product Innovation at IDC. "Every organization needs an external source of data, insights, applications, operations, and expertise to complement and grow its business."
Dec-22
The Implications of Inflation and Potential Recession on the Manufacturing Industry
The Implications of Inflation and Potential Recession on the Manufacturing Industry
Dec-22 DOC # US49844622 Insight
This IDC Market Perspective examines the potential impact of inflation and a pending recession on the manufacturing industry, both overall and IT spending specifically.
"Manufacturers realize the importance of moving to become digital-first organizations, and this continues to translate to increased IT investment to remain competitive, regardless of economic conditions. That said, there are rising fears of a recession in 2023, and discrete and process manufacturing are two of the most exposed industries to watch," says Simon Ellis, VP, Manufacturing Insights and Worldwide Supply Chain, at IDC.
Dec-22
IDC Survey: Future of Industry Ecosystems — Retail Industry
IDC Survey: Future of Industry Ecosystems — Retail Industry
Dec-22 DOC # US49889822 Presentation
This IDC Survey examines results from IDC's Future of Industry Ecosystems Survey. 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 and included CXOs, business-line leadership, and IT management.
Key findings from the survey include:
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, shared operations and expertise) better facilitate this?
This IDC Survey on the future of industry ecosystems is focused on the retail industry cut of this survey data. Retailers have faced consistent headwinds of the pandemic, ongoing supply and demand disruption, and inflation (among others) over the past two years and are realizing the benefits that industry ecosystems can provide.
Sharing data and insights, having access to a varied set of applications, and working closely with an expanding set of industry ecosystem partners simply make their business more resilient, innovative, and able to meet dynamic customer and consumer needs. As retailers begin to look outward to partner with other industries for new business models, the importance of this shared, open approach across ecosystems, enabled by a blended physical and digital way of working and delivery of customer experiences, will continue to rise.
Dec-22
Leading Industry Ecosystem Use Cases for Shared Data, Applications, and Operations
Leading Industry Ecosystem Use Cases for Shared Data, Applications, and Operations
Dec-22 DOC # US49842322 Insight
This IDC Perspective analyzes IDC's 2022 Future of Industry Ecosystems Global Survey data on leading industry ecosystem uses cases. One of the key questions we asked in IDC's 2022 Future of Industry Ecosystems Survey is, what are the top use cases that organizations prioritize with their partners. This document analyzes those priorities across the fundamental industry ecosystem programs of shared data and insights, shared applications, and shared operations and expertise.
"The world we live in today is uncertain, with a myriad of disruption present daily. For an organization to be truly digitally transformed, flexibility needs to be in place through an internal and external set of data, applications, operations, and expertise, securely shared through an open, cloud environment with industry ecosystem partners. It is through this platform that organizations will navigate the storms of disruption and continue to thrive. New use cases will evolve, joint ventures will emerge, and the end customer, citizen, consumer, or patient experience will continually improve," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems, at IDC.
Dec-22
Worldwide Monthly Technology Investment Monitor: November 2022
Worldwide Monthly Technology Investment Monitor: November 2022
Dec-22 DOC # US49819022 Presentation
This IDC Market Presentation highlights the worldwide monthly technology investment monitor for November 2022. Beginning in early 2022, waves of interconnected economic, political, and social disruptions threatened to batter enterprises around the world for the next several years. Those organizations that try to navigate around the storms of disruption by delaying their digital investments risk find themselves behind their competitors when the recession is over, but all will need to adopt new recession response strategies in what would be the first recession of the as-a-service era. We continue to track how these ongoing storms of disruption impact technology investment and operational priorities.
IDC's Global Technology Thought Leadership group conducts a monthly survey (IDC's Future Enterprise Resiliency and Spending Survey) to understand how IT and business leaders in enterprises around the world are assessing risks and addressing cost management for their growing portfolio of technology resources. In the Wave 9 survey conducted in September/October 2022, IDC asked 817 IT decision makers in North America, Asia/Pacific, and Europe to indicate how concerns about inflation, recession skills shortages, and other developments are affecting investment plans in major technology sectors with a focus on customer experience, operations, and industry ecosystems.
Nov-22
How Important Is Web3 and Decentralization to Industry Ecosystems?
How Important Is Web3 and Decentralization to Industry Ecosystems?
Nov-22 DOC # US49855222 Presentation
This IDC Survey Spotlight shares data from the recent IDC Future Enterprise Resiliency Survey (FERS), focusing on the key considerations of industry ecosystem technology strategy and comparing this with the actual technology investment today. IDC defines Web3 as a collection of open technologies and protocols supporting the trustless use and storage of decentralized data, knowledge, and value. Content is decentralized on DAOs (decentralized autonomous organizations), with control and value retained by users. Blockchains, NFTs, and smart contracts will play a critical role in establishing immutable transaction, communication, and collaboration that is seamless and does not have to be validated every time (i.e., "trustless").
We think as industry ecosystems evolve to include a varied set of partners, customers, suppliers, service providers, and public entities, that Web3 will be leveraged as a complement to classic enterprise business networks to provide new sources of data, innovation, applications, and expertise. IDC's 2022 Future of Industry Ecosystems Global Survey, July 2022, and IDC's Future Enterprise Resiliency Survey, October 2022, show that interest in Web3, as well as DAOs and metaverse, is strong. While it is still in the early, experimental days, organizations see how Web3 can provide a foundation, a fabric if you will, that can assure trust, enable innovation and, perhaps most importantly, scale activity.
For additional research and analysis on the opportunity for Web3 and industry ecosystems, we recommend reading the following documents:
Nov-22
SAP: Acceleration of the Cloud Continues
SAP: Acceleration of the Cloud Continues
Nov-22 DOC # lcUS49845722 IDC Link
SAP recently announced its 3Q22 results. All results discussed in the document will be non-IFRS constant currencies unless otherwise specified. The financials for 3Q22 show cloud revenue growth up 25% to €3.288, which brings an increase in current cloud backlog of 26%. Total revenue was up 5% to €7.841 billion, and cloud and software revenue up 5% to €6.710 billion. Operating profits were down 8% to €2.094 billion.
Nov-22
Defining the Future of Industry Ecosystems
Defining the Future of Industry Ecosystems
Nov-22 DOC # US49791522 Insight
This IDC Perspective analyzes the need and opportunity for this extended approach to industry ecosystems, one of the multiple types of ecosystems that companies will employ today to remain competitive, address disruption, and grow their business. Industries are expanding the capability, capacity, insight, and expertise of their teams through ecosystems, within and outside their industry.
"Why are industry ecosystems critical for success in the digitally transformed, disrupted world we live in today? Because the complexity of products, supply chains, digital experiences, and changing market and customer/consumer needs are too great for any one organization to address on its own. Organizations must continually morph with shifts in trends that will disrupt their industry value chains. As organizations understand these shifts, they form new, additional partnerships in industry ecosystems — within their industry or across others — that deliver value, create resiliency, foster innovation, and anticipate threats and opportunities," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems at IDC.
Oct-22
Future of Industry Ecosystems by Global Region
Future of Industry Ecosystems by Global Region
Oct-22 DOC # US49784322 Presentation
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:
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?
Oct-22
IBM 3Q22 Earnings: Strong Results in an Uncertain Environment
IBM 3Q22 Earnings: Strong Results in an Uncertain Environment
Oct-22 DOC # lcUS49812522 IDC Link
IBM's earning release for 3Q22 reported revenue of $14.1 billion, representing Y/Y growth of 15% (at constant currency — the balance of this document will use constant currency unless otherwise noted). Free cash flow year to date was strong at $4.1 billion. Like all other technology providers, IBM faces continued scrutiny about how signs of economic weakness, currency change, and geopolitical issues are affecting business activities. As CEO and Chairman Arvind Krishna emphasized (and IDC fully agrees), effective investment in technology is critical for addressing potential disruptions and remains a primary source of competitive advantage. He believes that the IBM focus on hybrid cloud and AI aligns the company with enterprises' ongoing shift to digital business, using technology to both compete and operate.
Oct-22
State of Manufacturing: Europe Q4 2022
State of Manufacturing: Europe Q4 2022
Oct-22 DOC # EUR249766822 Presentation
This IDC Tech Buyer Presentation examines the implications of the prevailing macroeconomic situation on manufacturing organizations in the eurozone (the European Union and U.K.). With the euro area suffering from high energy prices, supply chain chaos, labor shortages, and rising inflation, manufacturing organizations must fight many battles to remain profitable and competitive at the global level.
This presentation provides technology suppliers with information about how manufacturing companies are changing their priorities to address the accelerating pace of disruption. It highlights the technological areas in which end-user organizations expect inflation to have the greatest impact. It also recommends actions that should be taken to tackle the changing business conditions affecting manufacturing organizations in Europe.
Oct-22
IDC FutureScape: Worldwide Future of Industry Ecosystems 2023 Predictions
IDC FutureScape: Worldwide Future of Industry Ecosystems 2023 Predictions
Oct-22 DOC # US49372022 IDC DecisionScape
This IDC study presents the top 10 predictions for the future of industry ecosystems for the next six years.
"Extending and opening innovation, collaboration, and operation with partners across an ecosystem inside and outside any given industry has become a critical strategy for executives and their organizations. The world and each industry landscape are too complex, dynamic, and disruptive for any one organization to address on its own. The pace of innovation makes it difficult for organizations to keep up. As such, every organization needs an external source of data, insights, applications, operations, and expertise to complement and grow their business. Expansion, collaboration, and innovation with industry ecosystems has become the next phase of digital transformation for every organization," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems.
Oct-22
IDC FutureScape: Worldwide Manufacturing 2023 Predictions
IDC FutureScape: Worldwide Manufacturing 2023 Predictions
Oct-22 DOC # US48630122 IDC DecisionScape
This IDC study provides manufacturers with the top 10 predictions and underlying drivers that we expect to impact manufacturers' IT investments in 2023 and beyond. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this document to guide their IT strategic planning efforts.
"The manufacturing industry has maintained its rapid pace of change and disruption, making the ability to adapt a premium. Manufacturers have encountered many challenges in their efforts to become more resilient while maintaining efficiency, but one of the most cited issues are outdated/legacy systems. While the predictions highlighted touch upon many areas of the business, the main theme that can be tied back to is having the proper digital infrastructure in place to serve as the foundation for transformation," according to Reid Paquin, research director of IDC Manufacturing Insights' IT Priorities and Strategies program.
Oct-22
IDC FutureScape: Worldwide Manufacturing Product and Service Innovation 2023 Predictions
IDC FutureScape: Worldwide Manufacturing Product and Service Innovation 2023 Predictions
Oct-22 DOC # US48627622 IDC DecisionScape
This IDC study provides IDC's top 10 predictions for manufacturing product and service innovation for 2023 and beyond.
"The threat of disruption has sped up many manufacturers in their prioritization of a shift to a digital business and resilient organization. Manufacturers across value chains that include engineering, asset, brand, and high-tech-oriented environments all understand at varying speeds a need to shift their value proposition to customers and stakeholders. The ability to leverage quality data sources to make real-time and better-informed decisions have become the foundation for digital transformation initiatives. Over the coming half decade, manufacturers must face both the challenges and opportunities of digitally driven business transformation, which can deliver better products, faster service, and quality customer outcomes," said Aly Pinder, program director, Service Innovation and Connected Products Strategies at IDC Manufacturing Insights.
Oct-22
IDC FutureScape: Worldwide IT Industry 2023 Predictions
IDC FutureScape: Worldwide IT Industry 2023 Predictions
Oct-22 DOC # US49563122 IDC DecisionScape
This IDC study presents the top 10 predictions and key drivers for the IT industry for the next five years. It highlights the midterm and long-term challenges that enterprise business, technology, and IT teams face as they define, build, and govern the technologies required to thrive in a digital-first world.
"For the next several years, leading technology providers must play a leading role in helping enterprises use innovative technologies to slide through the current storms of disruption." — Rick Villars, group vice president, Worldwide Research at IDC
Oct-22
IDC MaturityScape: Smart Manufacturing 2.0
IDC MaturityScape: Smart Manufacturing 2.0
Oct-22 DOC # EUR149722222 IDC DecisionScape
This IDC MaturityScape describes smart manufacturing. It also provides a framework for executive leadership, IT, and production managers to identify the stages, critical measures, outcomes, and actions required for organizations to evaluate and evolve their digital factory strategies. Organizations should use this study to identify where they stand in relation to modern digital capabilities and create a path toward achieving world-class manufacturing processes. In addition, organizations can use this IDC MaturityScape as a tool to promote cross-functional and interorganizational collaboration to drive performance improvement and bring end-to-end alignment between the network of manufacturing operations and other business functions such as product design and supply chain.
"Now more than ever, companies must look into digital transformation as an important ingredient for building long-term resilience in manufacturing. In this IDC MaturityScape, we offer a model to help companies know where they stand and take steps to drive their progress," said Lorenzo Veronesi, associate research director, IDC Manufacturing Insights.
Oct-22
IDC Survey: Future of Industry Ecosystems — Transportation and Logistics
IDC Survey: Future of Industry Ecosystems — Transportation and Logistics
Oct-22 DOC # US49737622 Presentation
This IDC Survey on the future of industry ecosystems is focused on the transportation and logistics industry cut of the survey data. The past two years of supply chain bottlenecks and capacity issues have made organizations across different industries realize that they must have multiple transportation options in place to address the current opportunity or challenge at hand. That is, a failover approach that provides multiple options at any given point, based on industry expertise, performance, and/or geography. Logistics carriers need to work within an ecosystem of providers, often competitive, supporting first to mid-mile and last-mile delivery of goods and services. This document highlights this opportunity and approach through the lens of the transportation and logistics provider.
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:
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, shared operations and expertise) better facilitate this?
Sep-22
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2022: Finance
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2022: Finance
Sep-22 DOC # US49674522 Study
This IDC study presents IDC's digital transformation (DX) use case taxonomy for finance. It includes descriptions of the strategic priority, programs, and use cases for this horizontal function.
"Amid all the disruptions and ongoing changes, financial leaders have quickly shifted toward redefining what's best for their financial operations. Financial institutions that are technology enabled can more quickly pivot into the digital world, surviving the downturn of traditional business models. CFOs are hungry for finance modernization," says Kevin Permenter, research director, Financial Applications, IDC
Sep-22
EY Split – A Game Changer?
EY Split – A Game Changer?
Sep-22 DOC # lcUS49689422 IDC Link
The consideration by private partnerships, like EY, of whether to separate auditing from advisory or consulting seems to come up every decade or so, and the decision is not taken lightly because of the enormous impact on each firm's partners and staff, all its clients, and all the associated regulatory entities involved worldwide, including the impact this decision can have on the overall services market. That EY audits nine of the world's top 10 technology firms creates limitations on services that can be delivered to clients or JVs and partnerships into which the firm can enter for developing products (think technology providers and private equity firms), and with the enormous role that technology now plays in creating the next generation of digital businesses, EY decided it needs to effectuate a split to create more value for itself and its clients.
Sep-22
IDC Survey: Future of Industry Ecosystems by Manufacturing Industry Value Chain
IDC Survey: Future of Industry Ecosystems by Manufacturing Industry Value Chain
Sep-22 DOC # US49657522 Presentation
This IDC survey on the future of industry ecosystems is focused on the discrete and process manufacturing industries — specifically with analysis by manufacturing value chain (AOVC — asset oriented, BOVC — brand oriented, EOVC — engineering oriented, TOVC — technology oriented). Each manufacturing value chain increasingly looks to its respective industry ecosystem and beyond for new sources of innovation and to be more resilient in the face of continuous, multipronged disruption. The past three years have taught manufacturers to build out an on-demand, flexible industry ecosystem of data, applications, operations, and expertise available through partners inside and outside their industry.
In May 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 and included CXOs, business line leadership, and IT management.
Key findings from the survey include:
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, shared operations and expertise) better facilitate this?
Sep-22
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2022: Asset-Oriented Value Chains in the Manufacturing Industry
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2022: Asset-Oriented Value Chains in the Manufacturing Industry
Sep-22 DOC # US49323522 Study
This IDC study discusses how asset-oriented value chains (chemicals, metals, and pulp/paper) are on a mission to digitally transform to develop a model for collaborative innovation.
Reid Paquin, research director, IT Priorities and Strategies, IDC Manufacturing Insights, said, "Companies in AOVC value chains have to balance many initiatives in their digital journey. The first step every organization should take is to formulate a common definition of their mission, strategic priorities, and programs so that individual projects or use cases support overall objectives."
Sep-22
IDC's Worldwide Future Enterprise Use Case Taxonomy, 2022: Future of Industry Ecosystems
IDC's Worldwide Future Enterprise Use Case Taxonomy, 2022: Future of Industry Ecosystems
Sep-22 DOC # US49544521 Study
This IDC study details the primary programs, including shared data and insights, shared applications, and shared operations and expertise, as well as the supporting use cases for the future of industry ecosystems. This is a horizontal view of programs and use cases across all industries.
"Organizations in all industries are rapidly evolving the way they work with industry ecosystem partners to support data, application, and operational initiatives. It is no longer sufficient to have a static list of partners that is updated periodically: industry ecosystems are living, multifaceted organisms that are dynamic, with a mix of partners that evolve over time to meet new demand and disruption, as well as accelerate innovation and customer engagement. This new model requires a unique set of programs and use cases to guide strategy, collaboration, and execution: this industry ecosystem taxonomy strives to achieve that," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems and Product Innovation Strategies at IDC.
Aug-22
State of the Market: Inflation Impact on IT Spending and the Cloud by Major Industry
State of the Market: Inflation Impact on IT Spending and the Cloud by Major Industry
Aug-22 DOC # US49593822 Presentation
This IDC Tech Buyer Presentation provides IDC Insights analysts' assessment of the impact of inflation on technology spending and adoption across 11 industries including education, energy, financial services, government, health and life sciences, hospitality, manufacturing, media and entertainment, retail, telecommunications, and transportation and logistics. Our analysis also offers IDC's outlook on IT spending and global economic sentiments gleaned from IDC's Future of Enterprise Resiliency and Spending (FERS) Survey. Future research from IDC Insights teams will delve deeper into the impact of inflation on their respective industries and subsectors.
"Across all industries, organizations are focusing their attention on navigating the storms of disruption brought about by inflationary pressures, supply chain constraints, labor and skills shortages, and geopolitical threats. Technology will play an important role to address these disruptions and blunt the impact of inflation faced by industries worldwide. Inflation is leading industries to prioritize investments in cloud, AI/ML, automation, and advanced data management and analytics." — Bob Parker, senior vice president and general manager, Industry Insights, Software, and Services at IDC
Aug-22
IDC Survey: Future of Industry Ecosystems — Architecture, Engineering, and Construction Industry
IDC Survey: Future of Industry Ecosystems — Architecture, Engineering, and Construction Industry
Aug-22 DOC # US49372223 Presentation
This IDC Survey on the Future of Industry Ecosystems is focused on the architecture, engineering, and construction (AEC) industry and is the first of the industry cuts of this large, global data set. The AEC industry is a varied set of architects, cost estimators, project managers, MEP (mechanical, electrical, plumbing) engineers, and general contractors and subcontractors, as well as the owners of buildings, facilities, and infrastructure. With the challenge of unifying project data, reducing risk, and staying on time/on budget, it is critical for AEC ecosystem participants to work closely through sharing data and insights, sharing applications, and sharing operations and expertise.
In May 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 including CXO, business line leadership, and IT management.
Key findings from the survey include:
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, shared operations and expertise) better facilitate this?
Aug-22
Siemens Xcelerator Now Spans All Divisions
Siemens Xcelerator Now Spans All Divisions
Aug-22 DOC # US49548422 Insight
This IDC Market Note discusses Siemens AG's announcement of the company's Xcelerator portfolio in late June 2022. Xcelerator is a digital platform that connects all Siemens offerings and is enabled by an ecosystem of partners, such as NVIDIA.
"Essentially, Xcelerator is a cloud-based digital environment to access related applications, data models, and processes across the engineering life-cycle and manufacturing process chain. This next incarnation of Xcelerator, announced recently, extends this approach across the entire Siemens organization and to the ecosystem of Siemens partners," said Jeffrey Hojlo, research vice president, IDC's Future of Industry Ecosystems.
Aug-22
Selling to Manufacturers Playbook, 2022
Selling to Manufacturers Playbook, 2022
Aug-22 DOC # EUR149553422 Presentation
This IDC Market Presentation provides technology vendors a better understanding of the roles of buyers in their targeted manufacturing organizations. It aims to answer the following questions:
"Identifying relevant key roles in targeted manufacturing accounts and understanding their pain points and KPIs is key to sell business value rather product features and functionality," said Stefanie Naujoks, research director, IDC Manufacturing Insights Europe.
Aug-22
SAP Continues Strong Cloud Momentum in 2Q22
SAP Continues Strong Cloud Momentum in 2Q22
Aug-22 DOC # lcUS49581122 IDC Link
SAP recently announced its 2Q22 results. All results discussed in the document will be non-IFRS constant currencies unless otherwise specified. The financials for 2Q22 shows cloud revenue growth up 24% to €2.824 billion, which brings an increase in cloud backlog of 25% at €10.403 billion. Total revenue was up 5% to €7.033 billion, and cloud and software revenue up 5% to €6.045 billion. Operating profits were down 16% to €1.615 billion.
Aug-22
2022 Global Survey Report: Future of Industry Ecosystems
2022 Global Survey Report: Future of Industry Ecosystems
Aug-22 DOC # US48668022 Presentation
In May 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 including CXO, business-line leadership, and IT management.
Key findings from the survey include the following:
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. Specifically, how does the shared, open approach of industry ecosystems (i.e., shared data and insights, shared applications, and shared operations and expertise) better facilitate this?
As this question is considered, what is clear from our research is that the move to open, digital, industry ecosystems is fast becoming the next phase in digital transformation, supporting all aspects of an organization including innovation, operation, supply chain, IT, and customer service.
Aug-22
EMEA Manufacturing IT Application Forecast, 2020-2025
EMEA Manufacturing IT Application Forecast, 2020-2025
Aug-22 DOC # EUR149494222 Presentation
This IDC Market Presentation highlights some of the investment drivers of IT applications in key domains of the manufacturing industry: ERM, SCM, operations and manufacturing, and engineering. The report also gives an overview of major investment inhibitors and shares advice for IT vendors.
"The manufacturing industry in EMEA offers significant business opportunities for IT providers. Given political and macroeconomic uncertainties as well as volatile markets, manufacturers are driving and partially accelerating the rollout of their digital transformation initiatives on a broader scale. Understanding industry-specific business challenges will be a key success factor for IT providers looking to sell their capabilities and solutions into manufacturing accounts," said Stefanie Naujoks, research director, IDC Manufacturing Insights Europe.
Aug-22
Siemens and NVIDIA Partnership to Develop and Scale the Industrial Metaverse
Siemens and NVIDIA Partnership to Develop and Scale the Industrial Metaverse
Aug-22 DOC # EUR249518222 Insight
This IDC Market Note examines the key elements and implications of the partnership between Siemens and NVIDIA that aims to enable the industrial metaverse and increase the use of AI-driven digital twin technology across the entire product life cycle, from design through operation.
With this partnership, Siemens is seeking to help customers build photorealistic, physics-based digital twins that simulate real-world systems.
"Companies need to look at this technology as an opportunity. The industrial metaverse can become a platform that enables improved resilience, enhanced efficiency, and innovation at scale. The extensive ecosystem of technology vendors, service providers, customers, and other participants means that the metaverse is continuously evolving. The partnership between Siemens and NVIDIA, two leading industrial innovators, sets a new standard for real-time visualization and provides far-reaching opportunities for future metaverse users." — Senior Research Director Jan Burian, Head of IDC Manufacturing Insights, EMEA
Aug-22
IBM FY 2Q22 Earnings: Accelerating Its Abilities to Help Enterprises Slice Through Storms of Disruption
IBM FY 2Q22 Earnings: Accelerating Its Abilities to Help Enterprises Slice Through Storms of Disruption
Aug-22 DOC # lcUS49553322 IDC Link
IBM's earnings release for 2Q22 reported revenue of $15.5 billion, representing year-over-year (y/y) growth of 9% (16% at constant currency). This document will use growth in constant currency unless otherwise noted, but the strong appreciation of the U.S. dollars in the past quarter is a major development that will affect (artificially inflating revenue growth) the earning announcements by all major IT providers reporting in U.S. dollars. The balance of free cash flow was strong with a nearly $2.1 billion base. Given the potential disruption in specific geographies mentioned during 1Q22 earnings, Arvind commented on balanced growth across all geographies, driven by strong demand for IBM's hybrid cloud and AI offerings.
Software revenue was $6.2 billion (11.6% growth). Incremental sales to Kyndryl accounted for 7 points overall. Transaction processing was a major contributor and benefited from the incremental sales to Kyndryl, growing by 19% (22 points attributable to Kyndryl). The strategic emphasis on hybrid platforms and solutions (Red Hat +17% y/y, automation +8% y/y, data and AI +4% y/y, and Security +5% y/y) was evident with 9% growth (Kyndryl accounted for only 1.5 points). Red Hat (17% growth) continues to lead IBM's software expansion. Adoption of Red Hat OpenShift platform remains strong with over 4K clients deploying the solution (250 new clients were added in the quarter). Annual recurring revenue (ARR) for hybrid platform and solutions delivered as a service ended the quarter at $12.9 billion, up 8% year over year.
Jul-22
IDC MaturityScape: Future of Industry Ecosystems 1.0
IDC MaturityScape: Future of Industry Ecosystems 1.0
Jul-22 DOC # US47771922 IDC DecisionScape
This IDC MaturityScape is a guide for organizations planning to expand their industry ecosystems, wherever they are on their journey. The first step is identifying how mature the current approach is, and then where to evolve. This evolution could span limited sharing of data, applications, and operations to sharing across a value chain, industry network and, eventually, across multiple participants from different industries. Within the study, we describe each of the phases as well as the supporting dimensions and sub-dimensions that organizations in every industry need to consider as the next phase of digital transformation takes hold. That is, expanding innovation, decision making, and digital technology outside of the enterprise to enhance growth, improve resiliency, and consistently meet customer, consumer, citizen, or patient needs effectively.
"Extending and opening innovation, collaboration, and operation with partners across an industry ecosystem inside and outside any given industry has become a critical strategy for executives and their organizations. The world and each industry landscape are too complex, dynamic, and disruptive for any one organization to address on its own. As such, every organization needs an external source of data, insights, applications, operations, and expertise to complement and grow its business. This IDC MaturityScape for future of industry ecosystems will help guide executives on their strategy and approach for evolving their industry ecosystems," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems at IDC.
Jul-22
How the C-Suite in Manufacturing can Thrive in a Volatile, Uncertain, and Complex Business Environment
How the C-Suite in Manufacturing can Thrive in a Volatile, Uncertain, and Complex Business Environment
Jul-22 DOC # EUR149375122 Event Proceeding
This IDC Web Conference discusses manufacturing companies' focus areas, investment drivers, and priorities in the context of IDC's PRIME framework.
Manufacturing organizations today and in the future will have to operate in an environment that will continue to be volatile, uncertain, and complex. At the same time, they will have to operate in a digital and sustainable economy.
IDC Insights designed the PRIME framework to guide CEOs and the entire C-suite of organizations in the manufacturing industry on how to thrive in the future by focusing on five key elements: purpose, resilience, imagination, mastery, and ecosystems.
In this webinar, the European IDC Manufacturing Insights team maps manufacturing organizations' priorities and focus within each key element of the PRIME framework:
Jul-22
What Is the Level of Edge Deployments in the Industrial World Today?
What Is the Level of Edge Deployments in the Industrial World Today?
Jul-22 DOC # EUR149422122 Presentation
This IDC Survey Spotlight provides insight from IDC's 2021 European Future of Operations Survey. It focuses on edge technology deployments in the industrial world in the context of broader technology investments.
Jul-22
An Overview of HANNOVER MESSE 2022: The Top 10 Must-Know Trends
An Overview of HANNOVER MESSE 2022: The Top 10 Must-Know Trends
Jul-22 DOC # EUR149304222 Presentation
This IDC Market Presentation distills our team's collective observations and learnings into 10 must-know trends detailed during the HANNOVER MESSE Fair 2022. After a virtual hiatus due to the COVID-19 pandemic, the 75th edition of the fair took place in a physical format. During the four-day event (May 30 to June 2), around 2,500 exhibitors presented their products and innovations to 75,000 visitors and 15,000 online attendees. This document also contextualizes our observations and learnings with IDC research as well as with the IDC PRIME framework.
Jun-22
Leading Business Models for Industry Ecosystems, 2022
Leading Business Models for Industry Ecosystems, 2022
Jun-22 DOC # US49377022 Presentation
This IDC Survey Spotlight takes a sneak peek at questions regarding industry ecosystem business model approach and focus from the second annual version of IDC's global Future of Industry Ecosystems Survey, which is in the field, almost complete. The questions are as follows:
Our research shows that while organizations across industry continue to work closely with partners on a project-by-project basis (and will continue to do so), the prevalence of more formal collaborations, ventures, and initiatives is increasing. These will span both private and public participants within industry ecosystems.
We expect to finalize our global survey very soon, where we will look at the final tally for these business model questions and others in this extensive survey that spans region, domain (C-level, business/operational line, IT), and company size.
Jun-22
Manufacturing Execution Systems in the Context of New, Emerging Architectures — Part 1: Business and Technological Scenarios
Manufacturing Execution Systems in the Context of New, Emerging Architectures — Part 1: Business and Technological Scenarios
Jun-22 DOC # EUR149304122 Insight
This IDC Perspective is part of a two-report series highlighting the deployment setting of manufacturing execution systems in the context of new, emerging architectures. This part focuses on business and technological scenarios. It describes the main needs of end users, highlights the key elements of modern smart factory architectures, and reviews the role of two key technologies: edge and cloud.
"Transformation into the 'factory of the future' is information driven and, therefore, user centric. Every asset produces a wealth of information that must be accessible to, managed by, and reconciled with production processes and workers' activity management," said Lorenzo Veronesi, associate research director, IDC Manufacturing Insights EMEA. "Modern MES solutions enable adopters to collect and analyze data, and they provide derived insights immediately; this enables a revolution in support of organizational tasks."
Jun-22
An Old-Fashioned Bank Run in the Token Economy
An Old-Fashioned Bank Run in the Token Economy
Jun-22 DOC # lcUS49337022 IDC Blink
Despite an exciting few weeks in cryptocurrency markets, it is important to look beyond the short-term growing pains and to keep in mind that the long-term prospects for the technology still hold true. New advancements in cryptocurrency technology continue to emerge, driving new opportunities.
Jun-22
IDC PeerScape: Practices to Empower the Future of Industry Ecosystems, Part 2
IDC PeerScape: Practices to Empower the Future of Industry Ecosystems, Part 2
Jun-22 DOC # US47772122 IDC DecisionScape
This IDC PeerScape describes best practices derived from ongoing end-user conversations.
"Expanding ecosystems within and outside core industries is rapidly becoming the next evolution in digital transformation. Where over the past five years organizations focused on investing in digital technology, unifying data, and moving to an evidenced-based culture, the next five years (and beyond) will be spent extending digital outside of the company to look for new sources of innovation and meet customer, consumer, citizen, or patient needs in the most effective, profitable, trusted, and sustainable way," said Jeffrey Hojlo, research vice president, Future of Industry Ecosystems at IDC.
Jun-22
SAP Sapphire: Fit at Fifty – Exercising the Innovation Engine and Providing a Steady Diet of Improved Customer Experience
SAP Sapphire: Fit at Fifty – Exercising the Innovation Engine and Providing a Steady Diet of Improved Customer Experience
Jun-22 DOC # lcUS49278222 IDC Link
SAP held its first in-person Sapphire event in two years, which coincided with the 50th anniversary of their founding in 1972. Attendance was purposely limited (SAP is repeating the event in several cities across the world) but the energy level of the attendees was high and the show floor very active. The announcements at the event focused on the enhancements to the SAP portfolio. SAP did a very good job of showcasing their executive board and demonstrating progress on the strategy CEO Christian Klein has put in place.
Jun-22
Verticalizing the Corporate Agenda: ESG, Industry Ecosystems, and Industry Clouds
Verticalizing the Corporate Agenda: ESG, Industry Ecosystems, and Industry Clouds
Jun-22 DOC # US48924822 Presentation
This IDC Tech Buyer Presentation discusses the benefits and challenges of working on ESG within industry ecosystems and highlights a few ESG industry clouds recently launched by ecosystem partners. Driven by the corporate suite, ESG efforts are becoming a priority for organizations across industries. But because ESG use cases can be quite different for each industry and company, organizations often prefer to work on them with their industry ecosystem partners. IDC research indicates that working on ESG standards, processes, and data has become one of the top reasons companies participate in industry ecosystems. The need to cooperate in tracking, managing, and reporting on ESG efforts in turn drives demand for shared applications in industry ecosystems. In fact, industry clouds, a type of shared applications, are also a top consideration for industry ecosystem participants. Because they can provide an easy and reliable integration of data streams across the industry supply chain, industry clouds are becoming a popular tool for ESG-related work.
Jun-22
Cloud, Cybersecurity, and Trust Power the Future of Industry Ecosystems
Cloud, Cybersecurity, and Trust Power the Future of Industry Ecosystems
Jun-22 DOC # US47771022 Presentation
This IDC Survey Spotlight examines the top technology and risk mitigation considerations when building industry ecosystems. Cloud infrastructure and applications and cybersecurity continue to be top investment areas for organizations expanding their industry ecosystems across industry today. Establishing trusted, effective business models with ecosystem partners can span sharing of data and insights, sharing and codeveloping applications, and sharing or colocating operations and expertise.
An industry ecosystem can include suppliers, customers, experts, public entities, industry organizations, and even competitors. With this flexible mix of participants, organizations must have a cloud-based infrastructure and service-driven approach for rapid application sharing, combined with the cybersecurity and verification systems (such as blockchain) in place to ensure collaboration and innovation. Hence the reason these investments are paramount.
This IDC Survey Spotlight includes data from IDC’s 2022 Future Enterprise Resiliency Survey, Wave 2, and IDC’s 2021 Future of Industry Ecosystems Global Survey. Key findings include:
May-22
Siemens Digital Industries Software — 2022 Media and Analyst Conference
Siemens Digital Industries Software — 2022 Media and Analyst Conference
May-22 DOC # US49095722 Insight
This IDC Market Perspective provides a review and analysis of the 2022 Siemens Media and Analyst Conference.
"Siemens Digital Industries Software laid out a comprehensive vision for leveraging the many software components that are part of the Xcelerator portfolio into a suite of cloud-native, collaborative, and integrated solutions that bring the promise of comprehensive digital twins closer to reality. Siemens efforts to repackage those components as easily deployable, industry-specific modules appear to be meeting with success at both enterprise and SMB customers," said John Snow, research director, Product Innovation Strategies, IDC.
May-22
Where Does RISE with SAP Fit in the ERP Modernization Landscape? Key Takeaways From IDC's CIO Advisory Board
Where Does RISE with SAP Fit in the ERP Modernization Landscape? Key Takeaways From IDC's CIO Advisory Board
May-22 DOC # EUR149002522 Insight
This IDC Perspective highlights how SAP is using its RISE with SAP service to help customers on their modernization journeys. It also presents five ERP modernization scenario archetypes, identified by the scale of business transformation and the scale of ERP technical transformation.
"Making the case for something as fundamental as an ERP modernization project is extremely difficult, especially for large and complex organizations. Choosing the right strategy — and making a strong business case for it — entails multiple factors, including internal company environment, external conditions, and business goals," said Philip Carter, Group Vice President of Worldwide Research, IDC. "Licensing and pricing terms as well as various vendor relationships need as much attention as the technology architecture strategy. Organizations are still scared or scarred from ERP implementations, thus getting this set of ERP projects right will be critical for the future of the digital business."
May-22
SAP Continues Strong Cloud Momentum
SAP Continues Strong Cloud Momentum
May-22 DOC # lcUS49073922 IDC Link
SAP recently announced its 1Q22 results. All results discussed in the document will be non-IFRS constant currencies unless otherwise specified. The financials for 1Q22 show an increase in cloud backlog of 23%, with cloud revenue growth up 25% to €2.691. Total revenue was up 7% to €6.806 billion, and cloud and software revenue up 7% to €5.827 billion. The predictable revenue share increased by 3 percentage points to 81% year over year. Operating profits were down 7% to €1.615 billion.
May-22
Should We Dispel the Myth That Cloud is Not Suitable for Mission-Critical Shop Floor Workloads?
Should We Dispel the Myth That Cloud is Not Suitable for Mission-Critical Shop Floor Workloads?
May-22 DOC # EUR149056722 Presentation
This IDC Survey Spotlight provides insight from IDC's CloudPath Survey, 2021. This IDC Survey Spotlight focuses on outlining end users' degree of confidence in their cloud infrastructures by highlighting that the vast majority of cloud applications for the shop floor are considered mission critical.
Apr-22
IDC Survey: Future of Industry Ecosystems — Life Sciences
IDC Survey: Future of Industry Ecosystems — Life Sciences
Apr-22 DOC # US49051322 Presentation
This IDC Survey focuses on the life science industry cut of our Future of Industry Ecosystems data.
Following the launch of our Future of Industry Ecosystems practice in January 2021, in May we fielded a global survey to 1,250 executives (CEO, business-line leadership, IT) 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. Key overall survey findings include:
What is clear is that CEOs and their respective teams are focusing on industry ecosystems as a core initiative for 2021 and beyond — in fact, second only to investment in digital transformation-related technology. While the overall trends are similar across industry, there are, differences by industry.
Our research reveals that life sciences organizations rely on their industry ecosystems for innovation, scale, and operations benefit. Example key findings include:
As with other industries, the approach with industry ecosystem partners to be more open and iterative is in its nascent phases, and we expect this to continue evolving and expanding quickly in life sciences as organizations strive to meet customer and patient needs. The COVID-19 pandemic has challenged time-tested operating models and has created an urgent need to accelerate innovation multifold. It has become more than evident that collaboration can help exponentially scale innovation, and thus secure, trustworthy data platforms powered by federated learning will lead the way. IDC has predicted that triggered by COVID-19, half of new business value created in the global life science market by 2026 will be driven by cloud-based digital ecosystems and federated learning, powering R&D co-innovation (see IDC FutureScape: Worldwide Life Sciences 2022 Predictions, IDC #US48292121, October 2021).
Apr-22
What is the Impact of Lack of Workers on Shop Floors' Key Metrics?
What is the Impact of Lack of Workers on Shop Floors' Key Metrics?
Apr-22 DOC # EUR149044622 Presentation
This IDC Survey Spotlight provides insights from IDC's Talent Management Survey, 2022. This IDC Survey Spotlight focuses on factory areas that have been negatively impacted by a shortage of skilled workers, and consequently, the degree to which the shortage of skilled workers has affected business performance.
Apr-22
IDC TechScape: Worldwide Future of Industry Ecosystems Enabling Technologies, 2022
IDC TechScape: Worldwide Future of Industry Ecosystems Enabling Technologies, 2022
Apr-22 DOC # US47437921 IDC DecisionScape
This IDC study analyzes the digital technology needed to enable and operate industry ecosystem business models across shared data and insights, shared applications, and shared operations and expertise.
"This IDC TechScape focuses on new digital technology investments that will enable organizations in construction, financial services, government, healthcare, manufacturing, retail, and other industries to realize the future of industry ecosystems. IDC expects the adoption of this technology for industry ecosystems to progress quickly over the next 12–24 months, in support of new business models enabled by shared data and insights, shared applications, and shared operations and expertise," said Jeff Hojlo, research vice president, Future of Industry Ecosystems at IDC.
Apr-22
Resilient Digital Infrastructure Becomes Critical, Customer Satisfaction Drives Business and CX Priorities, and Data Sharing Is Key Benefit of Industry Ecosystems: Insights from IDC Survey
Resilient Digital Infrastructure Becomes Critical, Customer Satisfaction Drives Business and CX Priorities, and Data Sharing Is Key Benefit of Industry Ecosystems: Insights from IDC Survey
Apr-22 DOC # US49017021 Presentation
This IDC Survey provides insights based on results from IDC's 2022 Future Enterprise Resiliency and Spending Survey, Wave 2, of 796 IT and business leaders around the world conducted in February/March 2022. It covers a range of factors that can influence general technology investments and digital transformation (DX) plans with a focus on overall IT spending as well as deep dives into connectivity, devices, and services. It also delves deeper into how organizations are prioritizing and measuring customer satisfaction as well as planning to leverage emerging digital industry ecosystems.
Organizations started 2022 with a focus on using technology investments to boost customer satisfaction, operational efficiency, and employee productivity; however, the storm of disruption in the first few months affected plans and priorities with a focus on ensuring the resiliency of digital infrastructure.
"Organizations believe that the current disruptions/uncertainties will have a sustained impact on the global economic outlook and their technology needs, but this is not yet negatively altering IT spending plans," noted Rick Villars, group vice president, Worldwide Research at IDC." Companies are investing in technology and operational modernization to enable more resilient digital infrastructure while minimizing staff workloads and retaining internal control of data."
Apr-22
The Status of Operational Data Management in the Manufacturing Industry
The Status of Operational Data Management in the Manufacturing Industry
Apr-22 DOC # EUR148984022 Presentation
This IDC Survey leverages data from IDC's Future of Operations Survey, 2021, to gain insights into the status of operational data management in the manufacturing industry. The report presents the perspectives of survey respondents across two industries — discrete and process manufacturing — on the status of operational data and its impact on decision making, as well as the key support technologies.
Apr-22
The Why and the How of Shared Data in Industry Ecosystems
The Why and the How of Shared Data in Industry Ecosystems
Apr-22 DOC # US48962822 Insight
This IDC Perspective discusses the why and the how of shared data in industry ecosystems. Shared data and insights, in the context of an industry ecosystem, can provide many benefits including better decision making, better cross-enterprise collaboration, and reduced costs. The opportunity is real, but there are different roads (and technologies) that can be deployed toward industry ecosystem advantages.
"Creating value from shared data and insights takes both planning and fit-for-purpose solutions, such as data marketplaces," says Lynne Schneider, research director, Data as a Service, IDC.