target audience: TECH BUYER Publication date: May 2021 - Document type: IDC Perspective - Doc Document number: # US47654521
The State of the Midmarket: Moving from Crisis to Recovery
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Abstract
This IDC Perspective provides detailed results from IDC's annual State of Midmarket IT Survey. Our findings indicate that some companies are still fixed on survival, but many more are moving forward, using digital transformation strategies to remake their organizations. However, flat or declining IT budgets threaten this approach, which depends on continued IT spending. Areas of increasing importance include cybersecurity spending to protect the organization and its ecosystem and the use of metrics to gauge actual business results.
"Technology leaders must stay focused on achieving business outcomes that support those business requirements and strive to sustain IT and business alignment," notes Joe Pucciarelli, group vice president and executive advisor with IDC's IT Executive Programs (IEP). "Achieving these priorities will separate those CIOs that do well from those that do exceptionally well."