From the Megabit Era to the Metaverse. IDC Directions® turns 25 this year and shares trends already affected by the war between Russia and Ukraine

  • IDC instructions It celebrates its twenty fifth birthday in 2022
  • The war between Russia and Ukraine may change the financial and enterprise enchancment for the coming years and all the predictions of the evolution.
  • The forecasts say so The IT market of Portugal will exceed 5 billion euros this year.
  • Direct funding in digital transformation will speed up to 16.5% compound annual progress between 2022 and 2025.
  • In Portugal, digital transformation will characterize 50% of all nationwide investments in ICT by the finish of 2025.

IDC Directions®, the primary digital transformation occasion in Portugal, celebrates its twenty fifth anniversary in 2022. The twenty fifth version, which is able to happen on September 28 at the Estoril Convention Center, will spotlight the key trends and methods that can dictate success. corporations in an financial system that prioritizes digitalization.

Forecasts present that this year the IT market in Portugal will exceed 5 billion euros for the first time. A 3.9% improve in contrast to 2021 and a 184% improve in contrast to 1998, when IDC carried out the first Directions® in Portugal.

This year’s version will give attention to three vectors.

  • Scalable Innovative Technologies (SCALE)
  • (*25*) to create instant impression on outcomes (IMPACT)
  • (*25*) to engender belief (TRUST) in a rising digital financial system and society.

In 2021, a brand new social and financial paradigm emerged. In addition to greater than 50% of GDP already being digitally influenced, for the first time in historical past we’re seeing an inverse correlation between IT and the financial system. In different phrases, even with one in every of the largest GDP declines in historical past, the IT market continued to develop. In 2020, regardless of an almost 5% decline in GDP, the IT market worldwide grew by practically 3%. In Portugal, the place the GDP decline was better, nearly 10%, the IT market grew by nearly 2%. In 2021, the market grew and grew by 17.8%.

It is in this context that IDC predicts that the majority of investments in know-how and digital will go in the direction of new use circumstances for digital transformation. Direct funding in digital transformation will speed up to 16.5% compound annual progress between 2022 and 2025. As a results of this progress, digital transformation in Portugal will characterize 50% of nationwide ICT funding by the finish of the year. The year 2025.

Despite this acceleration, we must always intention extra in the direction of Portugal and Europe. And for my part, there are 5 primary pillars of Portugal’s success in this rising digital financial system: It is it’s vital to additional speed up the digital transition in the public sector; wager on creating and attracting extra expertise; place Portugal as a hub for various digital ecosystems and strengthen the give attention to sustainability“, he stated Gabriel Coimbra, Group Vice President and Country Manager for IDC Portugal.

“Although the challenges are nice, I’ve little doubt that we are going to have the opportunity to overcome them and create a extra digital, inclusive and sustainable future for Portugal in this new period.”

An unsure future dictated by the war between Russia and Ukraine

The epidemic accelerated the strategy of transformation of the financial system and society, however the unstable geopolitical context brought on by the war between Russia and Ukraine could change the financial and enterprise prospects of the coming years and all predictions of evolution.

Despite the uncertainties, we can have a “digital first” financial system and society in the coming years. And that does not imply investing in know-how or adopting a particular enterprise mannequin. It is an organizational tradition that have to be utilized all through the ecosystemGabriel Coimbra stated.

25 years of trends that revolutionized the world

In 1998, an IDC occasion stated the Internet would attain 100 million customers, and that it could be large in the United States, the place practically 25% of houses can be on-line. On this day, the IT market was value lower than 2 billion euros. In these 25 years, the market has grown by 184% and will exceed 5 billion in 2022.

The 1998 occasion additionally stated that PDAs, consoles, and cellular phone distributors would problem PC gross sales inside 3-5 years, that we’d enter the period of megabit Internet entry, and that digital certificates, language translation, and internet audio can be mainstream. applied sciences in 1998

Agenda 2022 discusses the way forward for Web3 funds in the actual world and in the Metaverse, the war in Ukraine and its cybersecurity implications, and transformation and sustainability in the digital age.

Over the previous 25 years, IDC Directions® has offered:

+ 20 thousand individuals

+ 700 companions

+ 1000 audio system

+ 150 IDC analysts

+ 400 hours of content material

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