target audience: TECH BUYER Publication date: Sep 2020 - Document type: IDC Perspective - Doc Document number: # US46806220
Finding the Next Normal: 2020 Technology Sourcing Leadership Imperative
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Abstract
This IDC Perspective details on the spending for transformational technologies before and after the COVID-19 pandemic. Although conventional wisdom may project a lot of gloom on technology spending forecasts, IDC data shows that spending for transformational technologies is growing strong. Similarly, IDC survey data continues to indicate that a majority of enterprises are investing in technology to grow the business and find the next normal.
"Although business leaders are looking to the future, procurement executives focus on the rearview mirror stuck in crisis mode. Wake up procurement, the crisis has been averted — move on to the next phase," says Aaron Polikaitis, vice president, Research, IDC's IT Executive Programs.