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CIOs Continue to Deliver Value in Troubled Times

Publisher IDC
Published Jun 15, 2023
Length 9 Pages
SKU # IDC18012890

Description

CIOs Continue to Deliver Value in Troubled Times


This IDC Perspective provides IT sourcing and procurement guidance for CIOs who are under pressure to deliver value in challenging macroeconomic times. According to Dr. Ron Babin, adjunct researcher, IDC, "Unpredictable economic times present both a challenge and an opportunity to CIOs. Trends in the global economy, such as rising interest rates and significant layoffs at technology firms, provide an opening for CIOs to explore revisions to IT provider contracts. Indeed, many IT providers may have taken steps to include new provisions, such as Consumer Price Index (CPI) price indexing, in contracts. CIOs must challenge IT sourcing and procurement and IT providers to find new value in the near term while staying the course with IT investments for the long term. With anticipated disruptions from AI, the opportunity for the CIO to deliver value has never been greater despite these troubled economic times."

Please Note: Extended description available upon request.

Table of Contents

9 Pages
Executive Snapshot
Situation Overview
Delivering Value Through IT Sourcing and Procurement Despite Troubled Times
Advice for the Technology Buyer
Find Near-Term Value in Revised IT Provider Contracts
Take Advantage of the Talent Available from Technology Industry Layoffs
Stay the Course with IT Investments
Embrace AI
Learn More
Related Research
Synopsis

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