Product Code: US51294523
This IDC study provides IDC's top 10 predictions for CIOs to have on their agenda in 2024."These predictions provide a strategic context that will enable CIOs to lead their organizations through a period of accelerated change and disruption over the next five years. They also lay out IDC's vision for the 10 important shifts that will happen in IT organizations to help senior IT executives form their strategic plans," says Daniel Saroff, group vice president, Consulting and Research, IT Executive Programs at IDC.
IDC FutureScape Figure
Executive Summary
IDC FutureScape Predictions
- Summary of External Drivers
- Predictions: Impact on Technology Buyers
- Prediction 1: By 2028, 85% of CIOs Will Leverage Organizational Changes to Harness AI, Automation, and Analytics, Driving Agile, Insight-Driven Digital Businesses
- Associated Drivers
- IT Impact
- Guidance
- Prediction 2: By 2024, 65% of CIOs Will Face Pressure to Adopt Digital Tech Such as GenAI and Deep Intelligence, But limited IT Support Will Diminish the Benefits and Heighten Risks
- Associated Drivers
- IT Impact
- Guidance
- Prediction 3: By 2027, 75% of CIOs Will Integrate Cybersecurity Measures Directly into Systems and Processes to Proactively Detect and Neutralize Vulnerabilities, Fortifying Against Cyberthreats and Breaches
- Associated Drivers
- IT Impact
- Guidance
- Prediction 4: By 2025, 45% of CIOs Will Prioritize Strategic Data Management and Foster a Data-Centric Culture, Ensuring Competitive Differentiation in the Digital Era
- Associated Drivers
- IT Impact
- Guidance
- Prediction 5: Two-Thirds of CIOs Will Not Meet Their 2025 Digital Revenue Goals Due to Misaligned Investments Hindering Business Performance
- Associated Drivers
- IT Impact
- Guidance
- Prediction 6: 50% of CIOs Will Team Up with LOB Executives to Establish Robust Federated Governance for Cohesive AI Strategies, Driving Swift and Seamless GenAI Adoption in Worker Augmentation and Automation by 2026
- Associated Drivers
- IT Impact
- Guidance
- Prediction 7: By 2024, 35% of CIOs Will Embrace GenAI, Securing an Early Short-Term Advantage Over Competitors While Cultivating a Foundation of Talent, Experience, and Training Data
- Associated Drivers
- IT Impact
- Guidance
- Prediction 8: To Mitigate Legal Risks and Enhance Their Brand and Competitive Advantage, Nearly Half of CIOs Will Be Motivated to Automate Regulatory Compliance and ESG by 2025
- Associated Drivers
- IT Impact
- Guidance
- Prediction 9: By 2026, 40% of CIOs Will Forge Unified Strategies with CMOs, Dismantling Silos of Customer Data to Enable the Delivery of Expected Engagement Within a Trusted Digital Experience
- Associated Drivers
- IT Impact
- Guidance
- Prediction 10: By 2026, 55% of CIOs Will Leverage Business-Savvy In-House Developers and Tools That Use GenAI and Low Code/No Code, as They and LOB Developers Build Competitive Differentiation Through Custom Apps
- Associated Drivers
- IT Impact
- Guidance
Advice for Technology Buyers
External Drivers: Detail
- AI Everywhere - Generative AI Takes the Spotlight
- The Drive to Automate - Maximizing Efficiency and New Opportunities
- Economic Uncertainty - IT Malaise and Market Volatility
- Cybersecurity and Risk - Building Resilience Against Multiplying Threats
- The Digital Business Imperative - Competitiveness and Outcomes
- Dynamic Work and Skills Requirements - New Work Mode Era
- Operationalization of ESG - Measuring and Implementing Sustainability
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