Gartner: Business Software Spend Still Forecast to Rise 11.3% to $880 Billion in 2023
SaaStr
OCTOBER 20, 2022
One thing that is clear is that public SaaS and Cloud stock prices are way down. Note this doesn’t include SMB spend, it’s enterprise focused): In a slightly more dated survey, Gartner found in July 69% of CFOs plan to increase their digital spending in 2023. So are we in some sort of downturn — or aren’t we?
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