IDC FutureScape: Worldwide Intelligent ERP 2024 Predictions

IDC FutureScape Figure

• Figure: IDC FutureScape: Worldwide Intelligent ERP 2024 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

• Summary of External Drivers

• Predictions: Impact on Technology Buyers

• Prediction 1: By Mid-2025, 70% of Global Businesses Will Use Embedded Financing to Collect and Make Payments

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 2: By Mid-2024, 30% of Global Organizations Will Take Advantage of Humanlike Interfaces in Their Enterprise Applications to Gain More Insights Quicky, Improving Decision Velocity

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 3: By Late 2026, 100% of Nonmonetary Transactions Will Be Completely Autonomous for 80% of Enterprises, Shifting KPIs from Efficiency/Time Metrics to Business Performance Attainment

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 4: By 2025, 30% of G2000 Will Gravitate to Autonomous Tech with Self-Healing Code to Improve Processes, 60% Will Evolve for Seamless Integration in 2026, and 80% Will Evolve to Self-Healing Apps by 2027

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 5: By Mid-2026, 65% of G2000 Will Move to One Data Model for All Operational/Back-Office Information, Becoming More Agile in Collective Decision-Making Within Their Enterprise Application Landscapes

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 6: By Early 2025, Organizations Still on Legacy Systems Will Need to Modernize Their Applications Immediately to Survive and Adapt to the Digital World Already Surpassing Them

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 7: By Mid-2025, AI Will Create an Organizational Cultural Shift and New Technology Frames Will Augment the Workforce, Slowly Reshaping the Enterprise Toward More Technology Usage, Enhancing Performance

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 8: GenAI/AI Will Close 25% of Enterprise Talent Shortage Gaps by 2025, But the Practice and Usage of GenAI/AI Will Create a Surplus of Talent Across All Lines of Business by 2027

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 9: By 2028, 85% of Enterprises Using Intelligent Applications Will Have Evolved to Running as Autonomous Organizations, Redefining the Technology Resource Usage Within the Business

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 10: By Late 2024, 70% of the G2000 Will Focus on Technology and the Process Time Between the Event That Occurs and the Point of Decision-Making to Gain a Competitive Advantage

• Associated Drivers

• IT Impact

• Business 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

• The Digital Business Imperative — Competitiveness and Outcomes

• Everything as a Service Intensifies — Transforming Models to Drive Change

• Dynamic Work and Skills Requirements — New Work Mode Era

• Shifting Tech Regulatory Landscape — Navigating Risk and Opportunity

• Operationalization of ESG — Measuring and Implementing Sustainability

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• Related Research