TECH BUYER Nov 2022 - Tech Buyer Presentation - Doc # US49812322

State of the Market: Health and Life Sciences — Inflation Impact on IT Spending and the Cloud

By:

Lynne Dunbrack
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,
Jennifer Eaton
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,
Nino Giguashvili
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,
Nimita Limaye
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,
Federico Mayr
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,
Silvia Piai
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,
Jeff Rivkin
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,
Mutaz Shegewi
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,
Michael Townsend
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,
Manoj Vallikkat
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On-line Presentation

Abstract

This IDC Tech Buyer Presentation delves deeper into the impact of inflation on healthcare and life science organizations and includes a discussion of the looming recession. Our analysis also offers IDC's outlook on IT spending and global economics sentiments gleaned from IDC's Future of Enterprise Resiliency and Spending (FERS) Survey.

Analysts across IDC Insights evaluated the impact of eight inflation triggers on their respective industries: supply chain constraints, localized labor shortages, raw materials and component costs, salary increases, tariffs and fiscal policy, energy costs, interest rates, and business margins.

"Inflation is leading health and life sciences organizations to prioritize investments in technologies such as cloud, AI/ML, automation, and advanced analytics, which reduce costs; improve efficiency, productivity, and decision making; and address labor shortages and supply chain constraints." — Lynne A. Dunbrack, group vice president, IDC Health Insights


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