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Technology Stocks : Game Changers and Market Movers

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From: Paul H. Christiansen12/3/2014 1:43:06 PM
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IDC Predicts the 3rd Platform Will Bring Innovation, Growth, and Disruption Across All Industries in 2015

International Data Corporation ( IDC) today announced its top ten predictions for the worldwide information and telecommunications technology (ICT) industry in 2015. The driving force behind all of IDC's predictions is the industry's accelerating transition to the 3rd Platform for innovation and growth, built on the technology pillars of mobile computing, cloud services, big data and analytics, and social networking.

"IDC first identified the 3rd Platform in 2007 and predicted that it would eventually become the new core of ICT market growth. In 2015, the 3rd Platform will account for one third of global ICT spending and 100% of spending growth," said Frank Gens, Senior Vice President and Chief Analyst at IDC. "The industry is now entering the most critical period yet in the 3rd Platform era: the 'Innovation Stage.' Over the next several years, we expect to see an explosion of innovation and value creation on top of the 3rd Platform's foundation. This stage will be driven by a new wave of core technologies – Innovation Accelerators – that radically extend the 3rd Platform's capabilities and applications across all industries."

IDC's predictions for 2015, presented by Gens in a Web conference today and detailed in an accompanying report, include the following:

1. Worldwide ICT spending will grow 3.8% in 2015 to more than $3.8 trillion. Nearly all of this spending growth will be focused on 3rd Platform technologies, with spending on the 2nd Platform expected to slip into recession by the end of the year. On a geographic basis, ICT spending in emerging markets is forecast to grow 7.1% year over year while mature markets poke along at 1.4% growth.

2. Telecommunications services will see wireless data emerge as the largest ($536 billion) and fastest growing (13%) segment of telecom spending. To avoid being marginalized as little more than infrastructure providers, carriers will scramble to develop platform- and API-based services that add value and attract developers to their networks. They will also seek rapprochement with over-the-top (OTT) cloud services providers through innovative performance and revenue-sharing arrangements.

To read all 10 predictions select the following:

IDC Predicts the 3rd Platform Will Bring Innovation, Growth, and Disruption Across All Industries in 2015
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