Prediction 2021: Business IT

My prediction is that business IT cannot handle the truth of re-globalized business, especially for the next couple of years.

When COVID-19 broke supply chains, it became clear that the so-called globalized business still relied on consolidated, massive financial, industrial and commercial centers, connected by traditional, sequential supply chains. It was ‘global’ because the centers tended to be outside of most buyer and consumer locales.

The emerging ‘re-globalized’ business reality is a dynamic with a much more complex mix of localized centers and partners interconnected by provisional webs. This challenges business IT because it’s still optimized for chains of business operations, relationships and activity; not situationally dependent webs.

The real business globalization will force re-thinking of business IT, software and services, and provider relationships before year end 2022.

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Disclosure

The views and opinions in this analysis are my own and do not represent positions or opinions of The Analyst Syndicate. Read more on the Disclosure Policy.

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