Trends Report

What Technology Service Providers’ Q3 2022 Earnings Mean For Technology Executives

Providers Expect Tech Transformations To Continue To Drive Growth

December 16th, 2022
Ted Schadler, VP, Principal Analyst
Ted Schadler VP, Principal Analyst
With contributors:
Matthew Guarini , Hannah Murphy , Rachel Birrell

Summary

We analyzed the Q3 2022 earnings announcements of key technology service providers. Our big takeaway? Enterprise demand for technology services to differentiate and grow, even in uncertain times, is undaunted. However, the focus of providers’ work is shifting toward projects aimed at reducing business operating costs (not IT costs) as well as projects with a defined scope and immediate payoff. Technology executives should read this report to learn how to use this information to improve their planning and execution in these transitory times.

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