White paper: Digital business models and the role of cloud – ITWeb

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The digital future is here. We are at the tipping point of becoming a digital economy that is shaped by digitally-transformed enterprises that exhibit business agility, a culture of innovation, and resilience in the face of unprecedented challenges.

IDC predicts that by 2022, 65% of GDP will come from products and services delivered by these digitally-transformed organisations. The impact will be enormous; enterprises not able to compete in the “digital” portion of the economy will miss out on half the opportunity in their core markets and eventually lose their relevance. 

What the global pandemic has revealed is that organisations that were early adopters of cloud, digital and collaborative technologies were better positioned for crisis recovery. IDC research shows that investments in cloud, collaboration and security have remained resilient in 2020, despite a decline in overall spending.

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