Micro Focus Technology Horoscope 2020: Setting the technology agenda

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The IT industry has changed massively in the past ten years, and the transformations are gaining momentum. For this reason, we see at the end of another year that companies are setting priorities and working on their future roadmap strategy.

But that's not an easy task.

To help alleviate corporate fears and help CIOs and IT leaders choose, IDC recently released its latest global technology forecasts for 2020. In this study, the 10 most important forecasts and drivers for the IT industry for the next 5 years were presented.

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An important finding from the forecasts is that digitally transformed companies will account for more than half of global GDP by 2023. In the next few years, companies are expected to invest more in key technologies and new operating models to achieve Hyperspeed, Hyperscaled and Hyperconnected.

Here is a look at the 10 technical forecasts for 2020:

  1. Digital innovation factories: By 2025, almost two-thirds of the companies will be productive software manufacturers who provide code every day, over 90 percent of new apps in the cloud, 80 percent of the code sourced externally and 1.6 times more developers.
  2. Inevitable AI: By 2025, at least 90 percent of new business applications will embed AI. By 2024, over 50 percent of user interface interactions will use AI-enabled image processing, language, natural language processing, and AR / VR.
  3. Trust is encouraged: By 2023, 50 percent of the G2000 will appoint a chief trust officer who will coordinate trust in various functions such as security, finance, human resources, risk, sales, production and law.
  4. Connected clouds: By 2022, 70 percent of companies will integrate cloud management into their public and private clouds.
  5. Hurry to innovate: By 2024, over 50 percent of all IT spending will be spent directly on digital transformation and innovation.
  6. Edges Aging: By 2023, more than 50 percent of the newly installed corporate IT infrastructure will be on the edge of the company's data centers.
  7. Explosion of industry apps: By 2023, over 500 million digital apps and services will be developed and deployed using cloud native approaches.
  8. Every company is a platform: By 2023, 60 percent of the G2000 will have a digital developer ecosystem with thousands of developers.
  9. Cross-industry mashups: By 2025, 20 percent of sales growth will be achieved through "white space" offerings that combine digital services from previously unrelated industries. 1/5 of the partners come from previously unrelated industries.
  10. Tech Platform Wars: By 2023, the top five public cloud mega-platforms will consolidate at least 75 percent of the IaaS + PaaS market share.

The Micro Focus advantage

Given the forecasts above, it is clear that digital transformation is the path to the future, and companies need to change their business processes, culture, and customer experiences. The British IT major Micro Focus has responded well to these trends. Combining industry-leading software and domain expertise in four core areas – enterprise devops, hybrid IT management, predictive analytics, and security, risk, and governance – puts the company in a unique position to address all critical aspects of digital business transformation and customers Support innovations faster with less risk.

The Micro Focus Technology Horoscope 2020, which was held in Bengaluru and Mumbai earlier this month, was designed to show the industry key perspectives and help adopt the best practices based on these IDC predictions. With the motto "Dissolve constellations of the tech universe"The 2020 technology horoscope decoded new patterns, futuristic insights and groundbreaking analyzes that can shape the present and future of the IT industry. Technology professionals attended the events and brought together analysts, consultants, CIOs and CISOs to create collective wisdom.

Speak at the event, Genefa Murphy, Chief Marketing Officer of Micro Focus said: “Micro Focus helps our customers bridge the gap between old and new. Instead of using legacy systems, mission-critical applications and data can be used optimally so that customers can maximize their ROI. "She added:" We enable our customers to move quickly and connect existing and emerging technologies while securing identities and applications and data. To be successful in digital transformation, you need to be able to transform while optimizing your business – you can't choose one over the other. "

The evening also included keynotes from Avneesh Saxena, Group VP – Research, IDC and Saurabh Saxena, Country Director – India, Micro Focus. After the evening, breakout sessions were held, in which companies could take advantage of predictive analytics, enterprise devops, hybrid IT management and security, risk & governance.