Enterprise Applications Help Businesses Traverse the Decline

Enterprise Applications Help Businesses Traverse the Decline

This IDC Perspective discusses the five-phase journey to recovery from the COVID-19 pandemic. IDC's COVID-19 Impact on IT Spending Survey (conducted May 7-14, 2020) indicates how organizations are changing software application spending. This is our fourth IT spending survey for the COVID-19 pandemic, outlining the critical digital transformation considerations for organizations to transition swiftly from slowdown to growth."IDC sees digitally fit organizations as better positioned to navigate economic downturns and move more quickly to targeted investments and innovation. Now is the time for organizations to focus on prioritized digital transformation strategies to 'skip the dip' caused by expected recessionary conditions." — Juliana Beauvais, research manager, Enterprise Applications at IDC

Please Note: Extended description available upon request.

Executive Snapshot
Situation Overview
COVID-19 Impact on Software Spending Survey Results
Road to Recovery
Critical Considerations on the Road to Recovery
Advice for the Technology Buyer
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