target audience: TECH SUPPLIER Publication date: Mar 2023 - Document type: IDC Survey - Doc Document number: # US49819423
Worldwide Monthly Technology Investment Monitor, March 2023
This IDC Survey monitors technology investment for March 2023. Economic uncertainties continue to make IT budget choices difficult for IT leaders in 2023. CIOs and their teams are delaying some technology investments to keep budgets under control while adopting new strategies to obtain greater value from their investments, especially in cloud segments. IDC connected with IT leaders around the world in early 2023 to gain insights into how they are navigating disruptions and prioritizing technology investments in the areas cloud cost management, enterprise automation, customer experience, data intelligence, and sovereign clouds.
IDC's Global Technology Thought Leadership group conducts a monthly survey — IDC's Future Enterprise Resiliency and Spending Survey — to understand how IT and business leaders in enterprises around the world are assessing risks and addressing cost management for their growing portfolio of technology resources. In the Wave 1 survey conducted in late January 2023, IDC asked 985 IT decision makers in North America, Asia/Pacific, Europe, and Latin America to indicate how concerns about inflation, recession skills shortages, and other developments affected 2023 budget. We also asked IT leaders to identify which providers would be their most technology strategic partners for navigating the next year.