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IDC Predicts “DX Economy” Emergence in 3rd Platform Massive Scale Up

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International Data Corporation (IDC) has announced its worldwide information technology (IT) industry predictions for 2016 and beyond. The predictions were published in a new IDC FutureScape report and presented in a live Web conference hosted by Chief Analyst Frank Gens.

In 2007, IDC identified the 3rd Platform – built on the technology pillars of mobile computing, cloud services, big data and analytics, and social networking – as the foundation for the IT industry’s future innovation and growth. Since then, the rapid adoption of 3rd Platform technologies has moved into the “Innovation Stage” – an explosion of innovation and transformation on top of the 3rd Platform’s foundation. IDC predicts that this phase will accelerate over the next three to five years as enterprises commit to digital transformation (DX) on a massive scale, leading to the emergence of the “DX economy.”

“The disruptive impact of digital transformation is about to be felt in every industry as enterprises ‘flip the switch’ and massively scale up their DX initiatives to secure a leadership role in the DX economy,” said Frank Gens , senior vice president and chief analyst at IDC.

“In the next two years, two-thirds of Global 2000 CEOs will put DX at the center of their growth and profitability strategies. By the end of this decade, IDC predicts that the percentage of enterprises with advanced DX strategies and implementations will more than double.”

IDC predicts that the scale-up of digital business strategies will drive more than half of enterprise IT spending within the next 24 months, rising to 60% by 2020.

Mastery of 3rd Platform technologies will be table stakes for successfully executing DX business initiatives and “Cloud First” will become the new mantra for enterprise IT.

Virtually none of the other 3rd Platform technologies or major DX initiatives is possible in scaled-up implementations without the Cloud as the foundation. By 2020, IDC predicts that enterprise spending on cloud services, the hardware and software to support cloud services, and the services for implementing and managing cloud services will exceed $500 billion, more than three times what it is today.

The DX economy – operating at scale – will be driven primarily by code. Enterprises’ ability to grow and compete will increasingly depend on their digital “innovation capacity”: the size and talent of their software development teams.

In this regard, every company will increasingly be a software company. By 2018, IDC predicts that enterprises pursuing DX initiatives will more than double the size of their developer resources, focusing those developers almost entirely on DX initiatives.

Data will be equally important to the DX economy – without large volumes of quality data “fueling” innovation, the process will stall. IDC believes that success in the DX economy will depend on the ability to build robust “data pipelines” that flow both in and out of the enterprise.

By 2018, IDC predicts that the flow of external data into organizations with advanced DX strategies will increase by as much as a factor of five while high-end DX performers will increase their “data out” by 500-fold or more.

The Internet of Things (IoT) will be one of the most fertile areas for DX. By 2018, IDC predicts the number devices on the IoT will more than double to 22 billion and drive the development of 200,000 new apps and solutions that take advantage of them.

These devices and solutions have the potential to redefine competitive advantage in virtually every industry. IDC predicts the most active IoT development will cluster around the manufacturing, transportation, retail, and healthcare industries.

Cognitive systems are already providing critical assistance to organizations dealing with the tsunami of data. Spending on cognitive software platforms is forecast surpass $1 billion this year and will scale up dramatically over the next three years.

IDC predicts that more 50% of developer teams – up from less than 1% today – will embed cognitive services into their apps by 2018 to leverage their data pipelines and to improve customer personalization.

In the expanding DX economy, industry cloud platform and community participation will become increasingly vital to scale up digital supply chains and digital distribution channels by as much as 100- to 1000-fold. By 2018, IDC predicts that more than 50% of large enterprises – and more than 80% of enterprises with advanced DX strategies – will create and/or partner with industry cloud platforms to scale up their digital supply and distribution networks.

IDC predicts that as the number of industry clouds will reach 500 or more by 2018, up from today’s 100-plus.

As the DX economy compresses pricing in many sectors, IDC predicts that 60% of B2B and 80% of B2C enterprises will overhaul their “digital front doors” – and the customer engagement systems behind them – to support 1,000 to 10,000 times more customers and customer touchpoints than they do today. At the same time, they will have to deliver dramatically more personalized customer service.

IDC predicts that Customer/Intimacy @Scale will be the biggest, most complex enterprise-wide DX initiative that organizations will have to face, requiring a fundamental cultural and operational transformation.

Finally, the DX economy will take its toll on the IT industry itself. By 2020,

IDC predicts that nearly a third of today’s IT suppliers will be acquired, merged, downsized, or significantly repositioned. In this environment, enterprises will have to constantly monitor and assess the solutions offered by their suppliers and partners and be prepared to realign these relationships as needed.

 


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Report Shows Start-ups Fuel Innovations in Africa

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Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”

The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.

Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.

The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.

Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.

South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.

Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.

According to Bloomberg, a defining theme this year is the source of funding.

Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.

International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.

The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.

Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.

Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.

She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.


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NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

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Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

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The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.

Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer,  NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.

The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”

Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.

According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.

He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.

“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.

Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.

He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.

According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.

Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.

He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.

According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.

Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.


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Anthropic Raises $65 Bn to Expand AI Research, Innovation

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Anthropic, artificial Intelligence company, has said that  it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

Anthropic Raises $ 65 Bn to Expand AI Research, Innovation

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.

Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.

The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.

Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.

The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.

Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.

Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.


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