target audience: TECH SUPPLIER Publication date: Jan 2023 - Document type: Market Presentation - Doc Document number: # EUR148698122
European Digital Business Quarterly Update: 3Q22
Content
- 18 slides
Get More
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.
Related Links
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."