These Factors will shape the IT Industry in 2021

The market research institute International Data Corporation (IDC) has issued its forecasts for the IT industry in the coming year. In addition to digital workplaces and the use of artificial intelligence, sustainable, climate-friendly solutions are also becoming increasingly important for companies.

With the FutureScape study, IDC has made important statements and forecasts for the IT industry in the coming year 2021. However, the statements also relate to the global economic system in the coming years. In this context, the pandemic also influences external factors.

As of today, 65 percent of global GDP will have been converted digitally by 2020. For this reason, costs of $6.8 trillion are expected from 2020 to 2023.

According to IDC, these three areas will become key issues for executives in the future:

1. All initial shortcomings need to be addressed, especially those caused by hasty responses to the pandemic.

2. Positive progress must be followed up.

3. New technologies must be integrated to generate a new normality.

Rick Villars, IDC Group Vice President Worldwide Research comments:

“The Corona pandemic clearly demonstrated that the ability to quickly adapt and respond to unplanned and unforeseen business disruptions will be a clear success factor in our increasingly digital economy.”