target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: IDC Survey - Doc Document number: # US50789323
Cloud Spending Attitudes in 2023 Show Pressure to Deliver Value
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Abstract
This IDC Survey examines worldwide IT and LOB buyer sentiment related to spending — and overspending — across all categories of cloud resources. This IDC Survey document is based on responses from 888 decision makers in North America, Asia/Pacific, and Europe, polled in March/April 2023. The research shows that worldwide, around 40% of organizations report some level of overspending across multiple areas of cloud resources, though there are important regional differences. It also shows that cloud marketplaces have emerged as an important, but not dominant, conduit for consuming a range of cloud-related products and services. Decision makers cite a variety of barriers to taking greater advantage of cloud provider marketplaces.
The data in this document is part of a much larger data set developed by IDC's Global Technology Thought Leadership Group, which 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. This March/April 2023 data represents Wave 3 of the 2023 survey cycle, when IDC asked IT decision makers to indicate how concerns about inflation, recession, skills shortages, and other developments affected 2023 budget decisions. We also asked about their plans related to several other topics, including use of cloud marketplaces. Additional documents will be published across a range of IDC research programs reporting on other dimensions of Wave 3 results.