2013-12-09 09:54:30 - Recently published research from Strategic Defence Intelligence, "ICT procurement trends in large enterprises - Enterprise ICT investment plans", is now available at Fast Market Research
This report presents the findings from a survey of 616 large enterprises regarding their approach to Information and Communications Technology (ICT) procurement. The survey investigates the way that large enterprises like to purchase technology, as well as the major IT and business objectives influencing their IT investment strategies.
Introduction and Landscape
Why was the report written?
To highlight the criteria on which large enterprises select their ICT providers as well as the roles which have influence while making ICT purchasing decisions.
What is the current market landscape and what is changing?
Large enterprises exhibit a clear preference for deploying technologies on-site compared to as a hosted service. However, preference towards hosted deployments is set to increase in the coming months amongst these enterprises.
- www.fastmr.com/prod/753300_ict_procurement_trends_in_large_enter ..
What are the key drivers behind recent market changes?
Large enterprises' preference towards hosted deployments is expected to increase, owing to various advantages such as flexibility, easier management, and cost savings.
What makes this report unique and essential to read?
Kable Global ICT Intelligence has invested significant resources in order to interview CIOs and IT managers about their IT Procurement. Very few IT analyst houses will have interviewed 610+ ICT decision makers in the large enterprise market in H2 2012.
Key Features and Benefits
Provides insights into large enterprises' preferred buying approaches.
Comprehend the business objectives that large enterprises are looking to achieve through their IT investment strategy.
Appreciate the IT objectives that large enterprises are looking to achieve through their IT investment strategy.
Understand the factors that are influencing large enterprises' decision to select an ICT provider.
Understand which organisational roles influence ICT purchasing decisions and signing off budgets.
Key Market Issues
The survey finds that large enterprises assign the highest average rating (X on a scale of 1 to 4) to the IT objective of 'use IT to support revenue growth'.
Kable's survey shows that large enterprises are assigning considerable importance to the objective of raising efficiency, which has the highest average rating of X on a scale of 1 to 4. This trend indicates that large enterprises are keen to ensure the optimum utilization of their resources amidst the uncertain economic environment.
Large enterprises attach significant importance to financial stability when making their vendor selection, assigning average rating of X out of 4.
ICT purchasing decisions in large enterprises are predominantly influenced by the CIO. Continuing technological development demands an understanding of the associated technology issues, impact and opportunities, and it is the CIO who is best placed to take a call on such technological implementations and their possible effect on a large organisation.
According to the survey, 74% of large enterprises state that their ICT infrastructure is either somewhat complex or very complex, signifying a related demand for IT systems management solutions and managed services.
Kable's survey highlights that large enterprises prefer purchasing technologies direct from suppliers followed by through local resellers and national resellers.
Rising competition is forcing large enterprises to focus on increasing customer satisfaction. Consequently, they give this business objective a rating of X on a scale of 1 to 4.
Large enterprises are assigning significant importance to four factors when choosing an ICT provider including leading-edge technology, specific functionality, financial stability, and price - with each of these selection criteria achieving equal average ratings of X on a scale of 1 to 4.
Kable's survey reveals that budget sign-offs are primarily controlled by both the CEO and the CFO, with both assigned average ratings of X on a scale of 1 to 4.
Large enterprises are focusing on aligning IT with their business goals , assigning this objective an average rating of X on a scale of 1 to 4.
About Strategic Defence Intelligence
Strategic Defence Intelligence provides a stream of continuously updated customer and competitor intelligence, as well as detailed research reports providing an unrivalled source of global information on the latest developments in the defence industry. View more research from Strategic Defence Intelligence at www.fastmr.com/catalog/publishers.aspx?pubid=1040
About Fast Market Research
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