TECH SUPPLIER Mar 2019 - Conference Proceeding: Tech Supplier - Doc # DR2019_GS1_FG

Multiplied Innovation: Scaling a Technology Revolution

By: Frank GensSenior Vice President & Chief Analyst

Abstract

These event proceedings were presented at the IDC Directions conferences in Santa Clara and Boston in March 2019.

Last year, IDC introduced "multiplied innovation" as the mantra for the next chapter of the IT industry's 3rd Platform era — a chapter powered by the distributed and diversifying cloud, artificial intelligence (AI), app development and distribution platforms, interconnected code and data communities, and an increasingly powerful edge. In 2018, virtually every major vendor reacted swiftly to position themselves for the multiplied innovation marketplace: Microsoft acquired GitHub for $7.5 billion, IBM is proposed to acquire Red Hat for $34 billion, and Amazon and Google continued to aggressively push their cloud and AI technologies to the edge. At the same time, leading enterprises in every industry pursued wholesale reinvention of their digital innovation capabilities to better compete and thrive in a "multiplied innovation world."

Frank Gens looks even closer at how multiplied innovation will move from emergent to mainstream over the next five years, sharing IDC's latest research into which technologies, IT management practices, and business models it will take for enterprises (and their IT vendors) to dramatically scale up the pace and volume of digital innovation. He describes what is no less than a "race to reinvent" — the economy, industries, businesses, IT architectures, innovation tools and methods, user interfaces, trust mechanisms, and the IT industry structure itself — to be ready for the onrushing digitized economy.


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