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Home Management Leadership

Recovery is not top of the agenda for leaders in 2021

FutureCIO Editors by FutureCIO Editors
February 21, 2021
Photo by Ekaterina Bolovtsova from Pexels

Photo by Ekaterina Bolovtsova from Pexels

Recovery to their former state may not be top of mind for business leaders. According to IDC, more likely they are doing a top to bottom rethink of what business they need to be in, and how they must be run.

As the chief owners of the digital infrastructure that underpins all aspects of modern enterprises, CIOs must play pivotal roles in the road to recovery, “seeking the next normal” while still performing their traditional roles.

The two assessments above seem to indicate an out of alignment - business wants to look at new, possibly alternative, futures, while IT leaders fixate on a recovery strategy.

The IDC FutureScape: Worldwide CIO Agenda 2021 Predictions outlines concrete actions that CIOs can and must take to create resilient and adaptive future enterprises with technology.

"In a time of turbulence and uncertainty, CIOs and senior IT leaders must discern how IT will enable the future growth and success of their enterprise while ensuring its resilience," said Serge Findling, vice president of Research for IDC's IT Executive Programs (IEP).

"The ten predictions in this study outline key actions that will define the winners in recovering from current adverse events, building resilience, and enabling future growth."

Top 10 Predictions for 2021

Prediction 1: Through 2021, all enterprises will struggle with app modernization and data integration across cloud silos; 20% will adopt connected cloud architectures to overcome these concerns.

Prediction 2: By 2021, over 80% of enterprises evaluating cloud services for privacy-sensitive workloads will mandate maintenance of data sovereignty and data control capabilities across geographies.

Prediction 3: To gain business agility, enterprises will commit to modernizing over half of their existing applications by 2022, through the use of turnkey cloud-native development and deployment services.

Prediction 4: Through 2022, the belief that they are wasting at least 20% of their public cloud spending will drive enterprises to invest in public cloud cost management, with the goal of cutting cloud waste in half.

Prediction 5: By 2022, enterprises will allocate 20% of new cloud services spending to cloud solutions that meet specific industry and ecosystem data-sharing requirements for their vertical segment.

Prediction 6: By 2023, over a quarter of new workloads being deployed on public clouds will use purpose-built silicon and infrastructure components from providers, to optimize for use case–specific requirements.

Prediction 7: By 2023, enterprise demand for portable, feature-rich SaaS solutions, consumable on their choice of cloud, will drive over 60% of ISVs to re-architect or build new portable cloud-native applications.

Prediction 8: By 2023, over 55% of enterprises will replace outdated operational models with cloud-centric models that facilitate rather than inhibit organizational collaboration, resulting in better business outcomes.

Prediction 9: By 2024, 25% of organizations will improve business agility by integrating edge data with applications built on cloud platforms, enabled by partnerships across cloud and communications service providers.

Prediction 10: By 2025, over a quarter of new cloud applications will use data-centric event-driven architectures rather than traditional code-centric ones, enabling better automation and business agility.

Related:  More focus on the customer experience
Tags: 2021 predictionsbusiness recoveryCOVID-19IDCnew normal
FutureCIO Editors

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