target audience: TECH BUYER  Publication date: Aug 2020 - Document type: IDC Perspective - Doc  Document number: # US46782820

Quick Market Insights: Chapter VI — Building Business Resiliency

By: 

  • Joseph C. Pucciarelli
  • Suya Xiong
  • Serge Findling
  • Martha Rounds

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Abstract


This IDC Perspective (video) provides IT leadership insights and challenges from IDC's IT Executive Programs clients and prospects for the period from July 6 to August 10, 2020. Many IT organizations have pivoted from reacting to the pandemic to initiating growth and change. They are building resiliency, making targeted investments to improve their digital capabilities, and striving to operate as more fully digital Future Enterprises. Notably, these companies are acting decisively despite recent challenges and setbacks many regions are now experiencing.

"Forty-seven percentage of companies are still coping with their pandemic response: they're looking no further than two years out — slashing costs, reevaluating projects, and refocusing on their customers and their core mission. In contrast, 53% of organizations have moved beyond recovery mode and are building resiliency and focusing on targeted investments," notes Joe Pucciarelli, group vice president and IT executive advisor at IDC.



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