target audience: TECH SUPPLIER Publication date: Oct 2022 - Document type: Market Presentation - Doc Document number: # US49790822
Navigating Through the Storms of Disruption: A Recession Playbook for IT Investments
This IDC Market Presentation provides insights that IDC is sharing with executives at a number of enterprises, technology providers, and investment entities. Waves of interconnected economic, political, and social disruptions threaten to batter enterprises around the world for the next several years, fracturing business plans. Now, concerns about the onset of recession in major countries around the world is raising new concerns about plans for IT spending in the next several years. This IDC Market Presentation reports what IDC is hearing from enterprise IT buyers about the impact of a possible recession. What the impact that significant waves of recessions beyond what is currently expected around the world would have on enterprise IT spending. What are the key strategies for dealing with recession given the shift to cloud and as a service.
"IT leaders in digital-first organizations will rapidly adapt to these unsettled conditions, slicing through the storms of disruption by transforming into a resilient digital business where value creation is based on the effective use of fast-evolving and innovative technologies," Rick Villars, group vice president, Worldwide research at IDC.