TECH SUPPLIER Mar 2022 - IDC Survey - Doc # US48964822

IT Spending and Inflation, Enablers of Digital Innovation, and the Increasing Need for IT Financial Accountability

By:

Rick Villars
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,
Nancy Gohring
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,
Kevin Prouty
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,
Lara Greden
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,
Ashish Nadkarni
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,
Mickey North Rizza
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,
Rohit Mehra
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,
Carol M. Glasheen
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Abstract

This IDC Survey provides insights based on results from IDC's Future Enterprise Resiliency and Spending Survey, Wave 1, of 798 IT and business leaders around the world, conducted in February 2022. It covers a range of factors that can influence general technology investments and DX plans with a focus on overall IT spending as well as deep dives into cloud, enterprise applications, and enterprise infrastructure.

Organizations started 2022 with a focus on using technology investments to boost the timely use of data for decision making, the effective contextualization of data in business processes, and more automated management of business processes. The rapidly evolving political and economic landscape is affecting plans and priorities.

"At start of 2022, most IT organizations planned to maintain or increase technology investments with an emphasis on expanding use of as-a-services options while also catching up on dedicated infrastructure modernization," noted Rick Villars, group vice president for Worldwide Research at IDC. "They also anticipate that general inflation and IT supply chain issues will alter cost assumptions, but a majority of those are considering increasing their ICT budgets or implementing more effective IT cost ops planned rather than delaying technology investments."


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