target audience: TECH SUPPLIER Publication date: Feb 2023 - Document type: Market Presentation - Doc Document number: # US50410523
IDC's Cloud Pulse 4Q22 Executive Summary: 2023 Cloud Spend and Return on Investment
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Abstract
This IDC Market Presentation executive summary, from IDC's 4Q22 BuyerView Cloud Pulse Survey, investigates changes to cloud budgets in line with the 2022 financial performance of companies around the world. Current macroeconomic pressures are forcing cloud users to look differently at the way they measure return on investment (ROI) and allocation of spend. For cloud and technology suppliers, this document also looks at the consumption of cloud cost management tools and approaches such as FinOps and how companies are reacting to pricing changes across cloud platforms, making it a valuable companion for organizations looking to pivot in line with new customer needs.