TECH SUPPLIER Apr 2020 - Market Perspective - Doc # EUR146237320
COVID-19 Impact: Assessing the Role of Cloud in Supporting Digital Innovation at European Organizations
By: Carla ArendSenior Program Director: Lead Analyst, Cloud in Europe, Jennifer ThomsonSenior Research Director & Lead Accelerated App Delivery Practice, George MironescuSenior Research Manager, Accelerated Application Delivery & European Cloud Platforms, Archana VenkatramanAssociate Research Director, Cloud Data Management, IDC Europe, Filippo VanaraResearch Analyst, European Multicloud, John O'BrienResearch Director, European Intelligent Application Services
This IDC Market Perspective provides IDC's short-term assessment of the impact of COVID-19 on European digital innovation strategies. It assesses the role of cloud in supporting business resiliency and provides guidance based on IDC's assessment of the market.
"While COVID-19 has had a significant impact on the European cloud market, organizations are realizing that cloud services are not just a modernization strategy, but are actually a good fit for such unprecedented uncertainties ensuring business continuity amidst physical lockdowns. Many businesses are challenged and budgets are being cut, but cloud providers will need to get the balance right between providing customers with increased flexibility versus offering opportunistic solutions," said Carla Arend, program director, Cloud Strategies in Europe.