target audience: TECH BUYER Publication date: Dec 2023 - Document type: IDC Perspective - Doc Document number: # US51503723
Enterprise Application Evolution: Changes, Changes, and More Changes
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Abstract
This IDC Perspective discusses the enterprise application evolution. Enterprise applications are changing daily. The business and consumer automation firestorm of digitizing the workstreams in the front and back offices is creating demand. In addition, the opportunity to completely update an organization, bringing it into the digital era, is pushing organizations to reconsider their current technology, rethink their technology strategies, and update their technology road maps, including investment plans.
“The pace of technology innovation has increased exponentially, creating a perfect storm of investment confusion for organizations of all sizes. Investing in enterprise applications requires one to reconsider their short-term and long-term priorities, technology strategies, technology investment plans, return on investment, and expected benefits/outcomes over a time frame,” says Mickey North Rizza, group vice president of Enterprise Software. “Organizations want to invest but know their investments will be around for the long haul, enhancing their business value and competitiveness and enabling a bright future in the digital world. The enterprise application investment choices in the next few years will be very strategic and deliberate.”