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ICT Investment Trends in Scandinavia: Technology advancements are driving ICT investments

ICT Investment Trends in Scandinavia: Technology advancements are driving ICT investments

  • October 2017
  • 35 pages
  • ID: 5336507
In this report:
According to GlobalData's survey, Scandinavian enterprises allocated an equal proportion (##%) of their total software budget to both software licenses and software vendors' support cost/maintenance respectively, in 2016.
ACCORDING TO GLOBALDATA'S SURVEY, ##% OF SCANDINAVIAN ENTERPRISES ARE LOOKING TO INCREASE THEIR TOTAL ICT BUDGET IN 2017, DRIVEN BY THE NEED TO INVEST IN ADVANCED TECHNOLOGIES SUCH AS INTERNET OF THINGS (IOT), CLOUD, AND SECURITY.

Summary

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ICT Investment Trends in Scandinavia: Technology advancements are driving ICT investments

Brief

"ICT Investment Trends in Scandinavia", unveils the findings from a survey of 93 Scandinavian enterprises regarding their Information & Communications Technology investment trends. The survey investigates how Scandinavian enterprises currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The analysis illustrates the core technologies that enterprises are investing in, including enterprise applications, IoT, cloud computing, and security services. The survey also highlights the approach to purchasing technology adopted by enterprises in Scandinavia. Through GlobalData's survey, the market research aims to provide a superior insight to ICT vendors and service providers when pitching their solutions to enterprises in Scandinavia.

Scandinavian economy is witnessing a constant growth with enterprises innovating and expanding in several areas of ICT including FinTech, green technologies, clever offices, and security, amongst others. The ICT sector is anticipated to gain momentum, as technology start-ups and ICT providers are introducing recent technologies in the Scandinavian enterprise markets

In unique, it offers an detailed analysis of the following -

- How ICT budgets are set to change in 2017 in terms of their global size

- Allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting

- Distribution of ICT money in areas including the networks, applications, service desk, and data centers

- Which ICT functions Scandinavian enterprises are interested in outsourcing

- Scandinavian enterprises' investment priorities established on their budget allocations across core technology categories including security services, IoT, cloud computing, and green IT & virtualization

- Factors that are influencing Scandinavian enterprises' investments in each technology category

- How Scandinavian enterprises' IT budgets are currently allocated across different segments within a technology category

- Scandinavian enterprises' distribution of their ICT budget across several segments within a technology category

- Vendor satisfaction ratings for different core and advanced technology categories

Overview

- Scandinavian enterprises are allocating the more important proportion of their global ICT budget to data centers driven by government support.

- With Scandinavian telecom operators investing in network infrastructure hardware in order to keep up with consumers' high speed data needs, alternatives for network equipment vendors are set to rise.

- As security regulations for Scandinavian countries are being reformed, IT security service providers are anticipated to launch additional country compliant security services.

Great reasons to purchase

- Understand how the Scandinavian enterprise ICT landscape is set to change in 2017 to prioritize your target market

- Comprehend how ICT money are being allocated by Scandinavian enterprises in particular verticals and size bands to improve your market uptake

- Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting)

- Realign your sales initiatives by understanding the current tactical objectives of Scandinavian enterprises

- Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (security services, IoT, cloud computing, and green IT & virtualization)

- Prioritize your focus areas by understanding which factors are influencing Scandinavian enterprises' decisions when selecting an ICT provider

- Comprehend the changes in clients' priorities and analyze the business objectives that Scandinavian enterprises are looking to achieve through their ICT investment strategies.

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