TECH SUPPLIER May 2020 - Market Presentation - Doc # US45246220

Industry Cloud Council — 2020 State of the Union Address

By: Zachary RabelSenior Research Analyst

On-line Presentation


This IDC Market Presentation discusses results from the Industry Cloud Council 2020 Survey, which polled 115 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, vendors considered for industry cloud development, and vertical applications. The speaker notes go into depth on insights gained from the survey.

Collaborative industry clouds enable industries to collaborate or transact toward common goals, such as improving industry efficiencies, insights, and/or capabilities. As such, the industry cloud market continues to grow faster and grab larger market share as network effects show more benefits. IDC believes the industry cloud market represents one of the largest vertical growth opportunities for technology vendors and professional services firms through 2025.


  • 30 slides

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