"To be digitally determined, Philippine organizations require more than just resilience; they need a 'blueprint' that consists of a unified enterprise strategy, a long investment plan based on the principle that digital is inherently valuable to the business, and a single digital platform to scale technology innovations," said Sudev Bangah, Managing Director for IDC ASEAN. "But aside from these technical aspects, digital determination involves having the will to make the required organizational and cultural changes to better adapt in today’s digital transformation age," he added.
Bangah added, "New technologies are changing paradigms for individuals, businesses, industries, economies, and governments. The race to the future enterprise has begun. And with digital disruption becoming the new normal, no one and no entity will be spared of the need to at least reset or reboot themselves, if not reinvent."IDC puts together 10 Key Trends Opportunities and Challenges for IT Managers for 2019 and Beyond.
IDC puts together 10 Key Trends Opportunities and Challenges for IT Managers for 2019 and Beyond:
#1: Digital determination. By 2020, at least 30% of organizations will be digitally determined, transforming markets and reimagining the future through new business models and digitally enabled products and services.
#2: Digital trust. By 2020, 40% of CIOs will initiate a digital trust framework that goes beyond preventing cyberattacks and enables organizations to resiliently rebound from adverse situations, events, and effects.
#3: Digital KPIs. By 2023, 55% of entities will have incorporated new digital KPI sets – focusing on product/service innovation rates, data capitalization, and employee experience – to navigate the digital economy.
#4: Data monetization. By 2021, 40% of large enterprises will create data management or
monetization capabilities, thus enhancing enterprise functions, strengthening competitiveness, and creating new sources of revenue.
#5: BizOps. By 2021, 45% of CIOs will expand agile/DevOps practices into the wider business to achieve the velocity necessary for innovation, execution, and change.
#6: Digital twin. By 2023, 30% of the Philippines' top 1,000 companies will have implemented advanced digital twins of their operational processes, which will enable flatter organizations and onethird-fewer knowledge workers.
#7: AI-driven edge. By 2023, over 30% of organizations' cloud deployments will include edge computing, and 15% of endpoint devices and systems will execute AI algorithms.
#8: Blockchain-enabled DX platforms. By 2023, prominent in-industry value chains, enabled by blockchains, will have extended their digital platforms to their entire omni-experience ecosystems, thus reducing transaction costs by at least 30%.
#9: AI is the new UI. By 2024, AI-enabled user interfaces and process automation will replace onethird of today's screen-based applications. By 2022, 30% of enterprises will use conversational speech technology for customer engagement.
#10: AI governance. By 2022, 30% of enterprises will task CIOs to transform and modernize governance policies to seize the opportunities and confront new risks posed by AI, machine learning, and data privacy and ethics.
