Abstract
Overview
Introduction
After a tumultuous year in which the financial industry crumbled and demand in the global economy slumped, enterprises and vendors are approaching 2009 with a sense of foreboding. To address this uncertainty, Datamonitor has surveyed 520 IT decision makers in H2 2008 to gauge confidence levels among enterprises and provide insight into market opportunities for vendors.
Scope
- A detailed analysis of how IT budgets have been affected by the economic downturn.
- Assessment of business priorities for IT investment.
- Evaluation of the opportunities for business process outsourcing during a recession.
Highlights
The financial maelstrom which struck the global economy in 2008 has generated high levels of uncertainty in the enterprise technology market. Unfortunately, Datamonitor believes that 2009 is going to be an even harder year for enterprises and vendors.
A comparison of the results of Datamonitor' s H2 2008 IT decision maker survey with the results of the H1 survey, reveals that enterprise confidence has deteriorated over the last six months. However, overall growth in IT budgets is set to remain flat in 2009.
Demand for technology solutions will fall in some areas, such as supply chain analytics, product lifecycle management and marketing CRM which are not viewed as core or essential processes. However, other areas like sales CRM, financials, procurement and manufacturing execution, will continue to see healthy levels of investment.
Reasons to Purchase
- Analyzes the responses of 520 IT decision makers in H2 2008 regarding their spending priorities and IT budget changes.
- Highlights how enterprises are affected by regional macro-economic conditions.
- Makes strategic go-to-market recommendations based upon H2 2008 data collected globally.
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