TECH SUPPLIER Feb 2022 - Market Perspective - Doc # US48880721

Pandemic Tips the Scale of IT Spending Toward Digital Innovation

By:

Nancy Gohring
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Abstract

This IDC Market Perspective examines new research that indicates that enterprises are now dedicating more of their IT budgets to digital innovation as compared with maintenance.

"The scales have tipped. Enterprises now plan to spend more than half of their IT budgets on digital innovation," said Nancy Gohring, research director for IDC's Future of Digital Innovation Agenda Program. "Recognizing this shift will be key for technology suppliers. Those that understand the digital innovation use case for their products at enterprises will be positioned to capture this shifting budget priority."


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