target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Presentation - Doc Document number: # US50803523
Retail Cloud Investment and Adoption Insights from Industry CloudPath 2023
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Abstract
This IDC Market Presentation highlights the key retail findings regarding cloud investment and adoption from IDC's 2023 Worldwide Industry CloudPath Survey. This IDC Market Presentation takes a deeper look at the key drivers for and the benefits of cloud adoption and the priority areas where retailers are boosting investment in both cloud and edge technologies.
"Retailers are continuing to increase cloud investment further in 2023 across all types of cloud workloads and are increasingly moving critical retail applications to the cloud," says Margot Juros, research director for IDC's Worldwide Retail Technology Strategies. "The new demands and challenges for retailers competing in today's omni-channel environment, such as cybersecurity and harnessing the power of growing amounts of retail data, are driving rising investments in cloud and edge digital infrastructure."