Few industries are as recognized as being providers of fundamentally essential goods and services to other businesses, organizations, institutions, and consumers as the technology industry. It is an industry that is defined in this survey as spanning both B2B and B2C hardware and software vendors and that places a premium on innovation and competitive differentiation.
Technology firms consistently invest heavily in research and development to establish and maintain an innovation advantage. But organizations have finite resources to allocate to these investments, which underscores the imperative to ensure that capital is efficiently utilized, including performing internal audits to assess their spending on public cloud technologies.