84% of Fortune 1000 IT teams have eliminated new spending during the most rapid acceleration of digital transformation in our history
What will that mean for the future of IT?
Find out in this exclusive research from Windward Consulting Group
COVID-19 has had a substantial impact on the Information Technology sector as companies rushed to create safe remote working environments for their teams, vendors and partners. This put a fire under IT teams to deliver always-on service availability that relied on home-based internet access and full deployment of technologies like Zoom, Teams and Google Meet in record time.
As we would expect IT teams around the world rose to the challenge and proved that they can build and deploy far faster than any company would have realistically planned for. This market research study highlights how IT teams responded, where they shifted their priorities for 2020, what their expectations are for revenue impact and what they need their vendors to help them with.
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This was a quantitative survey that featured 13 questions where IT leaders self-reported. Survey respondents received outreach via LinkedIn and email with requests to participate in the survey. They were qualified to participate based upon their match to a Fortune 1000 company, being in an Information Technology and the target role and title.
297 respondents in Information Technology at a Fortune 1000 company
- 35% VP, EVP, SVP, CIO, CTO
- 48% Directors
- 17% Managers or Other
About This Research:
This research study was commissioned in March 2020 by Windward Consulting Group as a response to the COVID-19 global pandemic and the economic downturn that resulted. The study tracked how COVID-19 impacted short-term and near-term IT goals, budgets, priorities and revenue projections for Information Technology leaders who currently work at a Fortune 1000 company.
Market research conducted by Helix Market Research