TECH SUPPLIER Jan 2023 - Market Presentation - Doc # EUR148698122
European Digital Business Quarterly Update: 3Q22
Abstract
This IDC Market Presentation provides an overview of digital transformation (DX) developments in Europe in 3Q22. It covers news, significant deals, policy announcements, regulatory actions, and investments that could impact markets locally and regionally. Companies featured include adidas, Amazon, AVEVA, AXA, Cognizant, Continental, Deutsche Bank, FIAP, Google Cloud, Iliad, Lloyds Banking Group, Logicalis, Microsoft, Oracle, Schneider Electric, Q Associates, Volkswagen, T-Systems, TIM, and Unilever.
It also highlights results from IDC's European Tech Sentiment Update, which examines end-user sentiment around major concerns, IT investments, and digital-first strategies. The addition aims at providing an understanding of market sentiment given the macroeconomic forces at play.
"Despite increasing geopolitical tensions and upcoming uncertainties such as the potential winter energy shortage and increasing inflationary pressure, expectations on IT spending for 2022 are positive, with small variations across the third quarter," said Erica Spinoni, European Digital Business Practice. "This is further confirmed by C-suite expectations. In case of a recessionary scenario, C-suite personas strongly believe in the need to keep investing in IT as they see that digital investments are critical in enabling organizations to maintain competitiveness and growth even under uncertain conditions."
Coverage
Subscriptions Covered
European Digital Business Strategies
Companies Covered
Schneider Electric SE, Adidas AG, Logicalis Group Limited, Cognizant Technology Solutions Corporation, Volkswagen Group, AXA Group, Deutsche Telekom AG, Google LLC, Unilever plc
Regions Covered
Topics Covered
Global IT and economic markets, eCommerce
Content
- 18 slides
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