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Statistic
79% of companies say the time it takes to come to a decision is "somewhat of a challenge (34%)" or "very much a challenge (45%)" in IT decision making.
Flexera: 2022 Tech Spend Pulse
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Publish year:
2022

Report Methodology

The report surveyed 501 high level managers and global technology executives with a significant of their knowledge of company budget from a variety of industries.

Why it Matters

The statistic matters because it highlights a significant issue in IT decision making. With 79% of companies facing challenges in decision-making time, it indicates inefficiencies and potential delays in implementing crucial IT solutions. Streamlining the decision-making process becomes essential to ensure businesses remain competitive in the rapidly evolving technology landscape.

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