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Western Europe Risks Losing the Technology Race

Western Europe Risks Losing the Technology Race

This IDC Market Note uses IT investment forecasts to argue that Western Europe may be falling behind other developed regions in its technology development. The document analyzes the reasons why Western may be at risk and provides guidance for correcting the situation."Western Europe could be in a great deal of trouble in terms of its technology development and related innovation. Over the next five years, Western European enterprises will invest significantly less than other developed markets in innovation accelerators and 3rd Platform technologies. This puts European enterprises — and economies — at risk of losing their competitive edge, especially compared with the United States and its enterprises." — Research Manager Mark Yates, IDC Europe

Please Note: Extended description available upon request.

Executive Snapshot
New Market Developments and Dynamics
Losing Competitive Ground in Technology
Low (Artificial) Intelligence
Slow (Innovation) Acceleration
How Did We Get Here?
Doing Well Without All That Fancy IT
Little Big Tech
Smaller Tech Hubs
Aging Populations
A Note on Regulations
Advice for SUPPLIERS
Europe's Technology Canary: Not Dead (Yet)
What to Do?
IT Suppliers Should Become Partners
IT Buyers Must Become Digitally Determined
Government Bodies Need to Boost Tech-Driven Innovation
Conclusion: The Situation is Not Urgent, but Action is Required
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