Top 10 predictions for the future of digital innovation

IDC’s top 10 predictions for the Future of Digital Innovation identify ways that software innovation will transform businesses into digital innovation factories.
Acer 5 laptopPrediction 1: By 2026, enterprises that successfully generate digital innovation will derive over 25 percent of revenue from digital products, services, and/or experiences.

Prediction 2: By 2022, organizations that allocate 50+ percent of their software development projects to customer-facing initiatives will see revenue grow 15 percent faster compared to those that focus more on internal projects.

Prediction 3: To help alleviate the developer skills shortage, 55 percent of organizations will use cloud marketplaces and tech startup acquisitions as their most important approaches to software sourcing by 2024.

Prediction 4: By 2024, companies that have already invested in building a developer ecosystem will expand their customer base by 25 percent.

Prediction 5: Securing the software supply chain will be a core competency embraced by 75 percent of large digital innovators by 2023.

Prediction 6: By 2023, traditional distribution models crumble as 20 percent of businesses in some sectors use technology to go direct to customers, seeking to improve customer satisfaction and product development.

Prediction 7: By 2026, 30 percent of software development teams will be focused on turning traditional products into outcomes as a service.

Prediction 8: Half of the Global 500 will have insourced software development significantly by 2025, exacerbating the software engineering skills shortage and fueling interest in software development efficiencies.

Prediction 9: By 2024, 55 percent of successful digitally innovative products will be built by teams that include people with creative, critical thinking, analysis, and automation skills, as well as software engineers.

Prediction 10: By 2025, 75 percent of newly developed applications will include some automatically generated code, freeing up humans to focus on development tasks that are not easily automated.