This IDC Presentation discusses results from the Industry Cloud Council 2019 Survey, which polled 101 organizations across 8 industries (financial services, government, healthcare, life sciences, manufacturing, oil and gas, retail, and utilities). The survey covered industry cloud awareness and adoption, the attractiveness of specific industry offerings, top benefits and barriers to industry cloud adoption, and vendors considered for industry cloud development. The speaker notes go into depth on insights gained from the survey.
Collaborative industry clouds enable industries to collaborate toward common goals, such as improving industry insights and/or capability. As such, the industry cloud market is both developing and fast growing with dozens of new industry clouds emerging every year across many industries. IDC believes the industry cloud market represents on the largest vertical growth opportunities for technology vendors and professional services firms through 2025.