IDC defines Web3 as a collection of open technologies and protocols supporting the trustless use and storage of decentralized data,…
Establish a mature industry ecosystem by establishing a network of capability, capacity, support, expertise, and knowledge that can be scaled up and down.
IDC has released the top 10 predictions for 2023 for the Future of Industry Ecosystems.
The Future of Industry Ecosystems is upon us, with our global survey data showing that CEOs and executive leadership recognize the critical supporting role that partners play in ensuring the growth and stability of their businesses.
Achieving an open, shared approach with partners is not easy: data, applications, operations, and capital (human, assets, and financial) for every organization are disparate of course; business processes are disconnected; and security protocols and systems are not unified. The future of industry ecosystems — an expansion of ecosystem partners that organizations must work with in support of any situation, whether innovation, product or service change, dynamic demand, or unexpected disruption — is rapidly progressing as the new way of working.
Organizations that focus on industry ecosystems will begin to derive a large percentage of their revenue from these new business models.
IDC’s Jeff Hojlo unlocks the top predictions affecting multiple industries, highlighting the value in organizations utilizing the Future of Industry Ecosystems framework to form cross-industry ecosystem partnerships.
In one global survey, IDC looked at how companies are currently planning to approach their industry ecosystem strategy. The resounding answer is to better understand the customer and demand. The solution, or need, then becomes obtaining visibility across the supply chain and becoming a more agile enterprise.
Discover how organizations can become resilient, flexible and foster innovation to meet market needs and solve problems while IDC’s Jeff Hojlo discusses the Shared Operations & Expertise approach.