target audience: TECH SUPPLIER Publication date: Jan 2023 - Document type: Market Presentation - Doc Document number: # US49989823
Downturn Economics: The Recession Tech Playbook — Focus on Cloud Economics
This IDC Market Presentation highlights the key findings from IDC's CIO Quick Poll, which was run in December 2022 and includes an overview of IDC's FinOps life cycle with feedback from IDC's Global CIO Advisory Board. The focus of the poll was to understand the 2023 expectations for IT budgets, tactics to reduce IT cost, optimize budget, and optimize cloud spending. Based on both quantitative and qualitative data, the presentation has five recommendations for CIOs to optimize their cloud spending.