By 2026, almost 60% of business organisations will combine human expertise with artificial intelligence (AI), machine learning (ML), natural language processing (NLP) and pattern recognition. The report released by the International Data Corporation (IDC) further elaborated that organisations deem this move will make their workforce 20% more productive and effective and augment foresight in business.

IDC has further released other reports for ICT predictions around important segments such as IT, cloud, AI and automation, future of digital infrastructure, future of trust, future of intelligence, data and content technologies, and corporate banking.

In another report on Cloud Economics, it is stated that around 30% of Indian enterprises that use cloud services would set up a FinOps function to automate policy-driven knowledge seeking and optimisation to ensure profitability.

Addressing a virtual media conference, Vasant Rao, Managing Director, IDC India said, “Every company is a technology company and businesses are recognising the significance of cutting-edge digital technologies in the aftermath of the pandemic. We expect to see enterprises implement several digital-first initiatives to help them deal with headwinds and crosswinds in 2022 and beyond.”

Further, an IDC report predicts that by 2025, more than 15% of the tier-1 corporate banks will offer integrated solutions to unlock liquidity from both traditional and digital assets to their clients as the CBDC (central bank digital currency) roll-outs gain momentum.

IDC has also predicted that by 2024, tech security will be a key aspect that organisations will be focusing on, as 35% of the security budget will be dedicated towards cross-technology ecosystems/platforms designed for rapid consumption and unified security capabilities to drive agile innovation.