TECH BUYER Jun 2022 - IDC Perspective - Doc # US49218422
Budget Pressures Present Opportunity to Retire Digital Infrastructure Technical Debt More Quickly
This IDC Perspective details enterprises responses to inflation and global disruption present opportunities to more quickly retire digital infrastructure technical debt. Facing a myriad of economic headwinds, over three-fourths of organizations participating in IDC's Future Enterprise Resiliency and Spending Surveys in February, March, and April 2022 indicate they expect to maintain or increase IT spending in 2022 when compared with 2021. Finding opportunities to cut costs and slow the rate of IT spending growth is a priority for many even as they remain committed to digital business innovation.
"Cloud services and on-premises infrastructure hardware/software categories are often at the top of the list for where many organizations are looking to economize, reduce technology debt, and increase operational efficiency while improving their ability to support and scale up mission-critical business innovation," explains Mary Johnston Turner, research vice president, Future of Digital Infrastructure Agenda program, IDC. "The business case for retiring technical debt has never been more compelling. Rather than retreat from innovation in order to maintain the status quo, digital business leaders should seize the opportunity to accelerate their transition to more autonomous, integrated, and intelligent digital infrastructure strategies."