target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: IDC Survey - Doc Document number: # US50872023
2Q23 Services Budget Outlook: Worldwide and U.S. Comparisons
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Abstract
This IDC Survey examines the IT services budget outlook for the remainder of 2023 and 2024 according to views held by IT and business leaders as of May 2023. 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 January 2023, 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 key technologies and IT service categories were evolving. We repeated the survey in May 2023 to compare the executives' sentiment in the second quarter of the calendar year. In total, 890 IT executives from North America, Europe, and Asia/Pacific were surveyed.