target audience: TECH SUPPLIER Publication date: Jan 2023 - Document type: IDC Survey - Doc Document number: # US50000323
Early 2023 Cloud Budget Outlook: Aligning IT Spending with the Business Conditions
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Abstract
This IDC Survey examines the 2023 cloud budget outlook. 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 November and December 2022, we reached out to IT decision makers as they were making 2023 technology budget decisions in the face of continued concerns about inflation, recession, and skills shortage. We wanted to get early measurement of how investment plans in major cloud-centric sectors — software applications (license/subscription and SaaS), platform applications (data and application development PaaS), and digital infrastructure–related costs (hardware/software and IaaS) — were evolving.
In the wave 10 survey conducted in November 2022, IDC asked 824 IT decision makers in North America, Asia/Pacific, and Europe to indicate how concerns are affecting 2023 budget for digital infrastructure (shared cloud and dedicated). The wave 11 survey asked 840 IT decision makers in the same regions about budget plans for SaaS and PaaS. To remain competitive, enterprises plan to continue investing in their digital business built on cloud platforms, but they also recognize the need to strike a balance between recession cutbacks and digital investments. Pressure will vary significantly by region. Technologies that support intelligent, optimized automation of technology, business, and data will rise to the top of investment priorities in 2023 and beyond.