Much like financial leverage, tech debt leverage carries risks, and managing it becomes paramount. As with financial leverage, the problem with tech debt arises when it accumulates without making technological payments against that debt over time. As companies become more digital, they need to actively measure and manage their tech debt leverage the same way they do their financial debt leverage. To do this, it is imperative to know how to calculate it and have a common language for discussing it with the executive team and the board. Without both, tech debt is a pure liability that hampers innovation and delays transformative efforts within enterprises.

By proactively measuring and managing enterprise tech debt and establishing a common business language with which to contain that measurement, CIOs can elevate the discussion of tech debt within their organization. This concept enables tech debt to become another lever that can be pulled to help meet strategic goals while the prioritization of efforts to pay tech debt interest is consciously addressed by the executive team.

This Guide outlines the critical steps to turning technical debt into a lever for success:

• First, what is technical debt?
• Why technical debt leverage is important
• Why common language is such a powerful tool
• If you can’t measure it, you can’t manage it!
• Key takeaways for technology leaders

As companies across all industries enter their next phase—one driven by AI—it is a time of great innovation for CIOs. But this new era is marked by factors that must be weighed into technology purchasing decisions:

• Cost efficiency
• Broader IT maturation in the industries
• Macroeconomic pressures and shifts
• Evolving tech buying priorities

As these elements play out with increasing distinction in each industry, tech buyers need to stay current and adapt to emerging trends.

This eBook provides a quick overview of spending forecasts and trends in six specific sectors: Finance, Healthcare, Energy, Manufacturing, Public Sector and Retail.

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Developing Industry-Specific Digital Twin Strategies — from Entities to Ecosystems

Digital twins have become increasingly relevant across a broad spectrum of industries, extending well beyond those traditionally known for asset intensity. To support this expansion, IDC has crafted a comprehensive framework designed to guide the development of end-to-end digital twin strategies throughout all industries.

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• Top priorities for CXOs in today’s vertical markets
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European Industry Snapshot: Key Tech Trends and IT Spending Forecasts by Industry

Stay ahead in the European market with the latest insights into tech innovation and investment trends. As AI continues to drive technological advancements, understanding the nuances of IT spending by industry is crucial for strategic planning.

What’s Inside This eBook:

In this comprehensive eBook, you will discover:

• Five-Year IT Spending Forecasts: Gain access to detailed forecasts for six key enterprise industries, helping you to make informed decisions and strategic plans.
• Top Hardware and Software Insights: Discover the leading hardware and software driving technology investments in each industry, enabling you to align your products and services with market demand.
• Key Technology Trends: Get quick summaries of the crucial technology trends that are shaping industry spending, ensuring you stay ahead of the curve.
• Comprehensive Industry Coverage: Explore IDC’s extensive industry coverage model within our Data & Analytics products, offering you a broad view of market specifics and opportunities.

Unlock the potential of your tech strategy with insights tailored to the European market.

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