Industry Ecosystem Convergence for Innovation Acceleration

This IDC Perspective focuses on the innovation dimension of the IDC's Future of Industry Ecosystems MaturityScape framework. In 2023, we fielded an Industry Ecosystem MaturityScape Benchmark (a survey based on our maturity curve) and found the rate, management, and openness of innovation with ecosystem partners to be most advanced with leading organizations in every industry."We have three years of global survey data on industry ecosystems, proving that developing a diverse, extensive ecosystem of partners is the next phase of digital transformation," said Jeff Hojlo, research vice president, Future of Industry Ecosystems, IDC. "The digital technology investments of the past decade make it possible to readily share data and insights securely and access resources and knowledge your organization may not have to co-innovate, address challenges and issues that arise, and seamlessly orchestrate customer experiences. As our document shows, rapid innovation is the top expected business benefit of working with industry ecosystem partners."