Today’s enterprises are struggling to keep pace in a business world increasingly populated by nimble startups. These enterprises once relied on their IT cores as a source of competitive advantage. Now, those same IT cores increasingly make it difficult for them to adapt to a “New Normal” defined by speed, efficiency and resilience.
via Experience IBM
Eighty-seven percent of senior business leaders say digitalization is a company priority and 79% of corporate strategists say it is reinventing their business — creating new revenue streams in new ways. But so far, digital change has been slow and disappointing.
Though year-end totals have yet to be tallied, the global market for enterprise messaging and collaboration tools are expected to have reached $2.4 billion last year, up 11.8% from 2017, and is forecast to reach $3.2 billion by 2021, IDC now estimates.
Business leaders are enthusiastic about AI’s potential to make their organizations more efficient – 90% of global senior executives surveyed in 2018 said they expected AI to positively impact growth, and 86% of respondents said that it would impact productivity.
In 2018-2019, cybersecurity skills topped the list of IT challenges – 53 percent of survey respondents reported a problematic shortage of cybersecurity skills at their organization. IT architecture planning skills came in second at 38 percent.
Adoption of mobile internet access, combined with the development of innovative cloud services and wearable devices, has created a multitude of new consumer and business use cases that will drive demand, according to the latest worldwide market study by IDC.
The global predictive analytics market will expand at a 17.80 percent CAGR over the forecast period to 2019. The market is estimated to reach $6.54 billion by 2019. In terms of applications, the segment of finance and risk management is expected to generate high demand in the global predictive analytics market.