target audience: TECH SUPPLIER Publication date: May 2023 - Document type: IDC Survey - Doc Document number: # US49819523
Worldwide Monthly Technology Investment Monitor: April 2023 — Cloud Overspending, Use of Generative AI, and Ransomware
This IDC Survey examines the worldwide monthly technology investment monitor for April 2023. Economic uncertainties continue to make technology investment choices difficult for IT leaders in 2023. CIOs and their teams are delaying some technology investments to keep budgets under control while adopting new strategies to obtain greater value from their investments, especially in cloud segments. IDC connected with IT leaders around the world in early March 2023 to gain insights into how they are navigating disruptions and prioritizing technology investments in the areas of cloud cost management and security (dealing with ransomware). We also took an early read on how IT leaders are starting to assess investments and use cases associated with generative AI.
IDC's Global Technology Thought Leadership group conducts a monthly survey (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 2 survey, conducted in early March 2023, IDC asked 952 IT decision makers in North America, Asia/Pacific, and Western Europe to indicate how concerns about inflation, recession skills shortages, and other developments have affected 2023 technology investments. We also asked IT leaders to identify which providers would be their most "technology strategic partners" for navigating the next year.