target audience: TECH SUPPLIER Publication date: Sep 2024 - Document type: Market Perspective - Doc Document number: # EUR252609524
Sustainability Remains a Key Goal for European CIOs Despite Economic Pressures
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Abstract
This IDC Market Perspective provides an update on how European CIOs are currently prioritizing their investments for the next two years. It emphasizes the fact that improving environmental sustainability of IT operations is a top priority for the period and, even in an economically challenging context, investments will be resilient. The document outlines how ESG regulation is a major factor driving IT organizations in Western Europe.
"European CIOs have an optimistic attitude to prioritizing investments in environmental sustainability in the context of economic headwinds. The majority will maintain or increase their investments even in periods of high volatility, as environmental practices lead to reduction of energy consumption and costs, while boosting productivity and efficiency." — Senior Research Manager Zuzana Kovacova, EMEA Sustainable Strategies and Technologies Practice