target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: IDC Survey Spotlight - Doc Document number: # EUR152375224
What are European Organizations' Criteria for Evaluating the Success of Technology Innovation?
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Abstract
This IDC Survey Spotlight examines how various industries prioritize evaluation criteria to align with their specific operational challenges and strategic objectives. Improved customer experience is crucial for consumer-facing sectors, while increased employee productivity is critical for operational efficiency in sectors with hard assets. Cost savings are vital for capital-intensive industries, while strategic alignment ensures long-term success for industries dealing with citizens or capital-intensive greenfield investments. Moreover, faster time to market is crucial in highly competitive industries. The report highlights the differences, analyzes the reasons for their choices, and examines how tailored evaluation criteria drive effective innovation across different industries.