After the huge disruptions caused by the COVID-19 crisis in 2020, companies are looking to get back on course and, importantly, build for the future. The semiconductor industry is no different. As technology is becoming a lifeline to see and understand the world, semiconductors are a crucial part of providing that lifeline.
The need for digital transformation leadership
of semiconductor executives agree that COVID-19 has been a stress test on the largest imaginable scale.
of semiconductor executives agree their organization is operating with a renewed sense of purpose this year.
1. Stack Strategically
Technology architecture matters more than ever
Almost all of the semiconductor executives surveyed agree that their technology architecture is becoming critical to their organization’s overall success, vs. 77% of executives across industries.
of executives project that more than half of their businesses will be in the cloud in a year— but 98% project this will happen in the next 3 years.
2. Mirrored world
Powering new possibilities through a digital-physical world
Digital twin usage
For strategy development
To improve operations
To develop new business models
Every leader is a technology leader.
3. I, technologist
Placing the power of tech in everyone’s hand
54% of semiconductor executives said that their organization has invested in low-code/no-code platforms as a tool for the technology democratization of their non-IT workforce.
79% of semiconductor executives agree that their organization must train their people to think like technologists, i.e., to use and customize technology at the individual level even without highly technical skills.
4. Anywhere, everywhere
Moving from bring-your-own-device (BYOD) to bring your-own-environment (BYOE)
Productivity management tools
Learning or training tools
Cloud enabled tools
Digital collaboration tools
Ninety-two percent of semiconductor executives claim that 10-40% of their workforce was working remotely a year ago. 74% of them project that this workforce will still be working remotely a year later.
5. From me to we
Multiplying the impact of complex ecosystems through multiParty systems (MPS)
of semiconductor executives report that the #1 element driving an increase in technology-enabled systems is a better understanding of how to make them successful.
of semiconductor executives agree that MPS are poised to become the center of commerce, supply chain and all other transactions among the partners and customers.
of semiconductor executives agree that blockchain provides an unparalleled resilience to supply chains and the corresponding MPS.