This IDC Perspective provides a data-driven overview of the current trends in digital transformation spending. It is intended to assist CIOs, IT executives, and line-of-business technology professionals in identifying high-level digital transformation spending trends and making informed budgeting decisions. This document is aimed to help business and IT decision makers better understand the scope and direction of investments in digital transformation. It looks at worldwide digital transformation spending from the industry sector and market perspectives. It also analyzes digital transformation spending across key technology categories.
"With the pervasiveness of digital transformation, we will see more enterprise investments related to digital transformation," says Suya Xiong, senior research analyst with IDC's IT Executive Program. "Organizations need to reassess their DX spending and focus their spending on the unique capabilities that differentiate them in the market."