IDC White Paper: Digital Business Models and the Role of Cloud

We're entering a Digital Economy. By 2022, 65% of global GDP will come from products and services of digitally transformed organizations.  

Cloud is critical for enabling this and the pandemic has only accelerated the journey to the cloud. IDC's survey reveals that more than 50% of organizations plan to leverage the cloud more aggressively.

In this report, IDC estimates that:

• The shift to cloud-centric infrastructure will accelerate
  By the end of 2021, 80% of enterprises will start shifting to cloud-centric infrastructure and applications, twice as fast as before the pandemic
• There will be a rise of intelligent digital workspace
  By 2023, 75% of G2000 companies will commit to support hybrid workspace resulting in a more collaborative, informed, and productive workforce.
• Adoption of Cloud-based Digital Business Models
  By 2023, more than 40% of enterprise IT operations spend will be consumption based, to overcome complexity and aligning cost to revenue

Wondering where to start building the digital capabilities? Explore this IDC thought leadership hub and white paper highlighting key trends, best practices and advice on how best to leverage the cloud.