Gartner Research

Predicts 2023: Industry Trends Will Reshape Who Wins Vertical Modernization Deals

Published: 09 January 2023

Summary

Cloud computing innovations, connectivity and emerging technologies are combining to create new opportunities in OT, payments and industry cloud platforms. Product leaders can shape their vertical go-to-market strategy by understanding what the future holds.

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Overview

Key Findings
  • The speed and flexibility of cloud computing services will enable enterprises to build unique, differentiating capabilities in a quicker and less expensive way. For example, real-time payments will disrupt cross-border payments by lowering transaction costs.

  • An exoskeleton of capabilities and a composable approach is essential for creating new, more integrated and automated processes using building blocks. For example asset-intensive manufacturing will be able to more rapidly modernize through over-the-air (OTA) deployment of new capabilities.

  • Industry reference models and data fabric will be a critical part of an exoskeleton approach to vertical capabilities modernization. The ability to leverage continuous intelligence

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