target audience: TECH SUPPLIER Publication date: May 2024 - Document type: IDC Survey - Doc Document number: # US51994325
Worldwide Digital Infrastructure Spending Insights Highlight Need for Business-Aligned Strategy to Overcome Tech Debt and Validate ROI
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Abstract
This IDC Survey presents a worldwide view of IT buyer assessments of how well digital infrastructure spending levels are aligning with business outcomes and goals in 2024. Overall, 60% of organizations worldwide believe digital infrastructure budgets are out of line with business requirements. This spending covers compute, storage, networking, and operational management resources deployed across the full range of dedicated on-premises hosted and colocation sites, edge locations, managed services, and shared public cloud services.
IT buyers indicate the primary reasons for overspending on digital infrastructure often relate to tech debt, lack of a business-led strategy, and too many uncoordinated purchasing centers, while organizations that report too little spending cite lack of a business-led vision and lack of a modernization strategy. Data was collected as part of IDC's March 2024 Future Enterprise Resiliency and Spending Survey, Wave 3, which includes the input of 887 IT decision-makers in North America, Asia/Pacific, and Western Europe.