target audience: TECH SUPPLIER Publication date: Dec 2022 - Document type: Market Presentation - Doc Document number: # US49865122
IDC Cloud Pulse 3Q22 Executive Summary: How Storms of Disruption Are Impacting Cloud Adoption, Spend, and Digital Transformation
This IDC Market Presentation examines the results of IDC's Cloud Pulse, 3Q22. Macroeconomic trends, from inflation, recession, and rising energy prices to supply chain challenges are impacting cloud spend. 3Q22 is a turning point for now. Following on from our 1Q22 and 2Q22 Cloud Pulse findings, the third quarter explores in greater detail the impact reduced budgets are having not only on how cloud and other technologies are used — including a shift to public cloud — but also on how wider business impacts are influencing cloud vendor relationships.