Pandemic reorients enterprise IT spend to fuel resilience for the neo normal: CMR Study
India, July 8 -- According to new research by CyberMedia Research (CMR), the COVID-19 pandemic has contributed to a shift in enterprise IT spend, and a greater thrust to digital transformation.
The study titled "Digital Transformation in the Neo Normal" is based on a primary survey conducted in May and June 2020.
As per the study findings, while overall IT spending is likely to reduce by 4% on average, the IT budget has shifted towards more immediate priorities, to build resilience for the neo normal.
The study provides insights across small, mid- and large-sized enterprises, with a view on CIOs versus CEOs. Additionally, the study lists key recommendations for enterprises to adopt to navigate to the new normal.
"The big bang transfor...
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