IDC FutureScape: Worldwide Intelligent ERP 2023 Predictions

IDC FutureScape Figure

• Figure: IDC FutureScape: Worldwide Intelligent ERP 2023 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

• Summary of External Drivers

• Predictions: Impact on Technology Buyers

• Prediction 1: Triggered by the Storms of Disruption, Economic Issues, and the Need to Be Digital, by 2024 30% of Organizations Globally Will Combine DIY and Partner Applications to Automate Their Entire Business

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 2: By Late 2023, 30% of Enterprises Will Use Legacy Augmentation Software to Extend the Life of Older Legacy ERP Systems

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 3: By 2024, Operational Resilience, Coupled with the Adoption of Hybrid-First Strategies, Will Accelerate Application Modernization, Shifting More On-Premises Workloads to SaaS for 55% of the G2000

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 4: By Mid-2025, 50% of End Users Will Leverage AI-Infused Applications, Moving from Systems of Record to Systems of Intelligent Planning, Providing a Lens Toward Better Outcomes

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 5: By 2028, 30% of Employers Will Use Autonomous Processes to Augment the Shortfall in Labor and by Doing so Will Increase the Organization's Agility, Resilience, and Performance

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 6: By 2025, 40% of G2000 Will Have an Internal IT University to Hire for Aptitude, Build Bench Strength, Establish Job Rotations, and Upskill the Employee Base While Also Improving Employee Retention

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 7: By 2026, Over Half of the Small and Medium-Sized Businesses Across the Globe Will Use Cloud-Based, Mobile-First ERP and Other Enterprise Application Solutions

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 8: Driven by the Needs to Control Costs, Optimize Software Investments, and Maximize Technology, by 2025 70% of G2000 Will Have an IT FinOps Discipline to Measure Technology Value of Business Outcomes

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 9: By Mid-2024, 25% of Companies Will Use Sustainability to Assist in the Selection of Modern Applications as ESG Becomes Ubiquitous in the Workplace Culture and Business Value of ESG Is Measured

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 10: By 2024, 40% of Businesses Will Assess Their Legacy ERPs' Ability to Adjust to Storms of Change, Resulting in 20% of CIOs Shifting to Vendors with Larger Platform Ecosystems and Greater Composability

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

Advice for Technology Buyers

External Drivers: Detail

• Storms of Disruption — Accelerating, Interconnected Uncertainty

• Economic Instability — Flurry, Snowball, or Avalanche?

• Digital Business — Stepping-Stone to the Future Enterprise

• Meaningful Intelligence — Differentiated Decision Power

• Ecosystem-Based Innovation — Driving Enterprise Value

• Mainstream ESG — Sustainability Is Measured and Mandatory

• Everything as a Service — Thriving Through the Change

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• Related Research