target audience: TECH SUPPLIER Publication date: Jan 2023 - Document type: IDC Survey - Doc Document number: # US49819223
Worldwide Monthly Technology Investment Monitor: January 2023
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Abstract
This IDC Survey examines the worldwide monthly technology investment monitor for January 2023. IT leaders face an array of conflicting challenges in 2023 as they develop IT budgeting plans that anticipate potential economic disruptions while still maintaining the shift to digital business models. At the end of 2022, IDC connected with IT leaders around the world to gain an early insight into how they are navigating disruptions and prioritizing technology investments. IDC's Global Technology Thought Leadership group conducts a monthly survey (see IDC's Future Enterprise Resiliency and Spending Survey) to understand how IT and business leaders in enterprises around the world are assessing risks and addressing cost management for their growing portfolio of technology resources.
In the Wave 11 survey conducted in December 2022, IDC asked 840 IT decision makers in North America, Asia/Pacific, and Europe to indicate how concerns about inflation, recession skills shortages, and other developments are affecting 2023 budget plans for overall IT budgets as well as for specific PaaS and application software/SaaS solutions. We also asked IT leaders how growing concerns related to recession in major countries and potential energy shortages in Europe would affect IT investment decisions as well as energy efficiency plans.