target audience: TECH SUPPLIER Publication date: May 2024 - Document type: IDC Survey - Doc Document number: # US51737824
Worldwide Monthly Technology Investment Monitor, March 2024: Economic/IT Spending Expectations for 2024, Digital Infrastructure, Accelerated Computing, and Future of Work
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Abstract
This IDC Survey presents IDC's Worldwide Monthly Technology Investment Monitor for March 2024.
IT leaders' concerns about economic disruptions restricting technology investment plans in 2024 are lower than in 2023, but the leaders are still cautious. The biggest change is a strong intention to increase investments in areas related to generative AI (GenAI). In March 2024, IDC connected with IT leaders around the world to gain an insight into how they continue to navigate disruptions and prioritize technology investments, with a focus on their digital infrastructure investments, plans for accessing accelerated computing capacity, and prioritizing workforce improvements.
In IDC's 2024 Future Enterprise Resiliency and Spending Survey, Wave 3, IDC asked 887 IT decision-makers in North America, Asia/Pacific, and Western Europe to indicate how concerns about inflation, recession skills shortages, GenAI, and other developments are affecting technology investments for the next year.