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Digital-First World: Enterprise Applications Vendors Have a Significant Opportunity in the Digital World

Publisher IDC
Published Jun 30, 2022
Length 13 Pages
SKU # IDC17287518

Description

Digital-First World: Enterprise Applications Vendors Have a Significant Opportunity in the Digital World

This IDC Market Perspective discusses the opportunity for enterprise applications vendors in the digital world. The digital-first world is upon us. Organizations are moving toward a digital business that is fully automated, self-healing, and brings insights for better performance considerations to the employee. These organizations require core and foundational digital-first world applications. They are telling IDC they want more advanced capabilities while complaining about vendor's high costs and fees, price increases without enhanced value, data migration services and data, and road map transparency. "Our IDC SaaSPath 2022 data finds organizations are ready, willing, and investment capable to buy new enterprise applications. However, with the digital world upon us, not all enterprise applications are digital-first world capable," said Mickey North Rizza, group vice president, Enterprise Software at IDC. "Vendors need to embrace the digital-first world opportunity from digital-first world application readiness to collaboration with customers to the leverage of new tool sets and partners in their ecosystems."

Please Note: Extended description available upon request.

Table of Contents

13 Pages
Executive Snapshot
New Market Developments and Dynamics
Investment in Digital-First World Applications
Technology Vendor Ratings Matter
Vendor Vulnerabilities Must be Addressed
Value Realization Is Critical
Renewal Factors Matter
Customer Collaboration and Feedback Is a Necessity
DX Is Critical
Digital Business Is the Enterprise Application Vendor Opportunity
Advice for the Technology Supplier
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Related Research
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