The IDC FutureScape Industry Predictions Study presents a strategic blueprint for digital transformation. It highlights the key areas of focus to ensure ongoing success in today’s fast-paced, data-driven world.
According to their 2018 study, by 2020, 60% of all enterprises will be implementing an organization-wide digital platform strategy to stay competitive in the digital economy.
By 2019, 3rd Platform technologies and services will drive nearly 75% of IT spending
By 2020, 67% of enterprise IT infrastructure and software will be for cloud-based offerings.
Transformation is vital but it comes at a price. How do you ensure a healthy return on that investment? How extensive should your digital transformation be and what should it focus upon? With every organisation starting from a unique position and setting unique goals, there is no universal model. So you need to know what all the predictions and projections could specifically mean for you.
That’s where the Tech Data Next-Generator tool comes in. You enter details of your current business focus and future direction. From this the tool calculates your likely cost of transformation and expected returns, modelling the potential effects of anticipated growth in the whole market and assessing what that could mean for your business alone.
Your score identifies your potential returns and likely cost of transformation. We combine this data with business insights and give you tailored advice to help you prepare and plan for the profitable digital transformation you need. And we’ve identified five key actions to deliver Next-Generation success:
- Moving to a cloud and third platform technology architecture
- Focusing on recurring rather than project-based revenue
- Retargeting sales from a technology-led approach to answer specific business needs
- Adopting a specialism
- Efficiently creating complete, outcome-driven solutions for customers.
Over 200 businesses tried the Tech Data Next-Generator tool when they visited our stand at the recent Microsoft Inspire event in Las Vegas. The insights they gained will help them prepare and plan for future growth. But what’s the right course for your business? The first step is to find what’s your number.
*Source: The Deloitte Consumer Review, ‘Digital Predictions 2018’, March 2018