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European IT Spending and Staffing Benchmarks 2023/2024: Chapter 17: Life Sciences Subsector Benchmarks
Chapter 17 provides benchmarks for life sciences companies. The category includes pharmaceutical makers, biotechnology product companies, and medical device manufacturers. The 16 respondents in this sample range in size from a minimum of about €50 million to about €40 billion in revenue.
September, 2023
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Worldwide IT Spending and Staffing Outlook for 2024
Our forecast for enterprise IT spending in 2024 is partly sunny, with a chance of strong headwinds. With stronger-than-expected economic data in the US and Europe and easing inflation, the world economy in most regions looks poised for the soft landing that central banks were aiming for. Our survey shows that IT budgets will continue to grow, and enterprises expect a slightly better 2024 than 2023. The worldwide outlook is cautiously optimistic.
March, 2024
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IT Spending Trends in High-Tech 2024
IT spending in the high-tech industry is surging, driven by the need for innovation and the adoption of AI, cloud computing, and automation. These investments aim to enhance operational efficiency and give companies a competitive edge. However, they also present challenges such as cybersecurity threats, data management complexities, and legacy system integration. How then are high-tech organizations prioritizing their spending? This report examines current IT spending trends, insights from our benchmarking survey, and the implications for the industry's future, concluding with the role of IT in fostering innovation and maintaining competitiveness in the high-tech sector.
August, 2024
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IT Spending and Staffing Benchmarks 2024/2025: Chapter 17: Nonprofits and Charitable Organizations
Chapter 17 provides benchmarks for nonprofits and charitable organizations. This sector includes local and national charity organizations, conservation groups, youth development organizations, organizing bodies, and other nonprofit organizations. We do not include organizations where the nonprofit status only reflects the entity type. Nonprofit hospitals are an example. They operate from an IT perspective in a way that is not significantly different from for-profit hospitals. The 21 respondents in the sample range in size from a minimum of about $50 million to over $300 million in annual revenue.
September, 2024
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IT Spending and Staffing Benchmarks 2024/2025: Chapter 9: Wholesale Distribution
Chapter 9 provides benchmarks for wholesale distributors. This category includes wholesale distributors of building products, home furnishings, home improvement products, auto parts, industrial components, fuel supply, electronics, food and beverage, and other products. The 49 respondents in the sample range in size from a minimum of about $50 million to $25 billion in revenue.
September, 2024
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IT Spending Trends in the IT Services and Solutions Sector 2024
The IT services and solutions sector is experiencing unprecedented upheaval, fueled by the relentless march of digital transformation. Businesses across industries are deeply intertwined with technology, leading to a surge in demand for skilled service providers. These providers act as trusted guides, navigating the complexities of the digital landscape and helping organizations achieve their technological ambitions.
September, 2024
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European IT Spending and Staffing Benchmarks 2024/2025: Chapter 12: Professional and Technical Services Sector Benchmarks
Chapter 12 provides benchmarks for professional and technical services organizations. The 44 respondents in the sample range in size from a minimum of about €50 million to about €45 billion in annual revenue. The sector includes firms that provide professional and technical services, including engineering, legal, accounting, financial advice, consulting, marketing, research, and other services.
October, 2024
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European IT Spending and Staffing Benchmarks 2024/2025: Chapter 28: Technical Services Subsector Benchmarks
Chapter 28 provides benchmarks for technical services organizations. The 17 respondents in the sample range in size from a minimum of about €50 million to about €70 billion in annual revenue. This subsector includes firms that provide technical services, such as engineering, architectural, scientific, research, and other services.
October, 2024
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Vendor Discount Report January 2024
The largest and best discounts are often only offered to the vendors’ best customers, and buyers may find it difficult to determine whether the discount offered is typical or whether a better deal can be negotiated. The Vendor Discounts Report is designed to give procurement personnel, lessors, lessees, and departmental manager’s insight and guidance regarding current discount structures on a variety of categories of equipment in the marketplace.
January, 2024
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Fair Market Values April 2024
The Computer Economics Market Value Reports provide information on the most commonly traded machines and systems at the time the report is published. The values shown are the composites of a range of quotes acquired from sources within the industry deemed reliable, accuracy of the information presented is not guaranteed. Resources are eBay, Insight, NewEgg, CDW, ETB-Tech, Amazon, Savemyserver, TheServerStore, LoadBalancer, NetworkOutlet, Netsyst-Direct, TigerDirect, and others as well as online sales companies and appraisals.
April, 2024
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Server Support Staffing Dips as IT Infrastructure Gets Easier to Administer
The demand for server support administrators has been on a downward trend for a decade. Virtualization, automation, DevOps, and the cloud have made IT infrastructure easier to administer. As a result, the IT infrastructure support burden is lessening, although there are factors also working in the other direction. This Research Byte examines the reasons for the trend and provides a summary of our full report on Server Support Staffing Ratios.
April, 2023
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Transforming HR Operations to Improve Productivity and Accountability
Enterprises are replacing their discrete HR solutions with a unified people management platform as it helps address multiple business challenges such as workflow redundancy, data visibility issues, and process inefficiencies. Organizations leverage digital tools and accelerators with modular designs to accelerate their transition to SAP SuccessFactors and address additional use cases such as automated data migration, compliance management, and industry-specific workflow creation. Additionally, enterprises focus on improving scalability and offering employee self-service options. Companies leverage automation solutions and interactive design interfaces to optimize HR functions and improve user adoption. Both demand-side and supply-side trends are covered in our SAP SuccessFactors Services 2023 Market Insights™ and SAP SuccessFactors Services 2023 RadarView™, respectively.
May, 2023
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Higher Education Digital Services: Leveraging Digital Transformation to Facilitate Online and Lifelong Learning
To adapt to evolving customer demands, higher education institutes are gravitating toward digital technologies to provide personalized and immersive experiences to students and provide a blended learning experience. Higher education institutes are leveraging AI, analytics, cloud, and AR/VR to provide customized content and support to students. Institutes are also putting emphasis on lifelong learning and continuing education to enable employees to upskill and reskill throughout their professional journeys. Both demand- and supply-side trends are covered in Avasant’s Higher Education Digital Services 2023–2024 Market Insights™ and Higher Education and Entertainment Digital Services 2023–2024 RadarView™, respectively.
July, 2023
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Generative AI – Opportunities and Challenges
Although artificial intelligence originated in academic research in the 1950s, only recently has it captured the imagination of the general public. This has everything to do with the release of ChatGPT, putting a powerful tool in the hands of individual consumers. But what are the opportunities it brings to businesses? And what are the challenges we face in using it? To answer these questions, Avasant Senior Partner Frank Scavo recently conducted a video interview on this subject. This Research Byte provides a link to the full interview.
August, 2023
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Data Management and Advanced Analytics Services: Providers Pivot toward Data Visualization and Monetization
While not a new field, data transformation projects have experienced significant growth over the past 12 to 18 months. This surge is in response to evolving business needs influenced by the proliferation of data and technological advancements, including streaming analytics and edge computing. These initiatives aim to achieve hyper-personalization, enhance internal data accessibility, increase customer engagement, and extract valuable insights from unstructured datasets. In turn, these efforts drive growth and innovation within organizations. Both demand- and supply-side trends are covered in Avasant’s Data Management and Advanced Analytics Services 2023 Market Insights™ and Data Management and Advanced Analytics Services 2023 RadarView™, respectively.
October, 2023
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