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TECH SUPPLIER Dec 2018 - Market Perspective - Doc # CEMA44531918

Western Europe Risks Losing the Technology Race

By: Marc DowdPrincipal, Client Advisory - Research and Consulting, Mark YatesResearch Manager, Digital Transformation and Customer Experience, Europe

Abstract

This IDC Market Note uses IT investment forecasts to argue that Western Europe may be falling behind other developed regions in its technology development. The document analyzes the reasons why Western may be at risk and provides guidance for correcting the situation.

"Western Europe could be in a great deal of trouble in terms of its technology development and related innovation. Over the next five years, Western European enterprises will invest significantly less than other developed markets in innovation accelerators and 3rd Platform technologies. This puts European enterprises — and economies — at risk of losing their competitive edge, especially compared with the United States and its enterprises." — Research Manager Mark Yates, IDC Europe


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