Summary The competitive media, publishing, and entertainment industry is transforming as new players constantly enter the landscape, and as multiple developments take place in the field of multi-channel content production and distribution. As a result, in order to gain a competitive edge and boost their revenues, media companies are increasing their investments in disruptive technologies to produce innovative content as well as deliver it. With leading ICT solutions, companies are able to create, edit, and transmit content efficiently and speedily from the source or event site. Key Findings Kables survey of 110 respondents shows that media companies are optimistic about investing in various ICT domains in 2015. The survey further reveals that media enterprises are increasing their investments in clients, software licenses, and application development and integration services. Rising consumer demand and the need to enhance end-user experience are driving media companies to focus on product differentiation and invest in customer data management, and marketing and e-commerce solutions. The survey further illustrates that the majority of respondents are currently outsourcing their applications function, to reduce... Research Beam Model: Research Beam Product ID: 350853 2995 USD New
ICT investment trends in the media industry: Enterprise ICT spending patterns through to the end of 2016 - Research Beam
 
 

ICT investment trends in the media industry : Enterprise ICT spending patterns through to the end of 2016

  • Category : ICT & Media
  • Published On : October   2015
  • Pages : 34
  • Publisher : Kable Market Research
 
 
 
Summary
The competitive media, publishing, and entertainment industry is transforming as new players constantly enter the landscape, and as multiple developments take place in the field of multi-channel content production and distribution. As a result, in order to gain a competitive edge and boost their revenues, media companies are increasing their investments in disruptive technologies to produce innovative content as well as deliver it. With leading ICT solutions, companies are able to create, edit, and transmit content efficiently and speedily from the source or event site.

Key Findings
Kables survey of 110 respondents shows that media companies are optimistic about investing in various ICT domains in 2015. The survey further reveals that media enterprises are increasing their investments in clients, software licenses, and application development and integration services.

Rising consumer demand and the need to enhance end-user experience are driving media companies to focus on product differentiation and invest in customer data management, and marketing and e-commerce solutions.

The survey further illustrates that the majority of respondents are currently outsourcing their applications function, to reduce their application development and management costs.

Synopsis
This report presents the findings from a survey of 110 media companies regarding their Information and Communications Technology (ICT) investment trends. The survey investigates how media companies currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The report illustrates the core technologies that media companies are investing in, including mobility, business intelligence, and cloud computing. The survey also highlights the approach to purchasing technology adopted by media companies. Through Kables survey, the report aims to provide a better insight to ICT vendors and service providers when pitching their solutions to media companies. The report focuses on media companies ICT expenditure trends for specific technology areas, identifying the top three IT projects, and understanding the primary objectives of various systems components.

In particular, it provides an in-depth analysis of the following:

How ICT budgets are set to change in 2015 in terms of their overall size

Allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting

Distribution of ICT money in areas such as the networks, applications, service desk, and data centers

Which ICT functions media companies are interested in outsourcing

Media companies investment priorities based on their budget allocations across core technology categories such as mobility, business intelligence, and cloud computing

Factors that are influencing media companies investments in each technology category

How media companies IT budgets are currently allocated across various segments within a technology category

Media companies distribution of their ICT budget across various segments within a technology category

Vendor satisfaction ratings for various core and advanced technology categories

Insight into media companies preferred buying approaches

Business and IT objectives that media companies are looking to achieve through their IT investment strategies

Factors that are influencing media companies decisions to select an ICT provider

Reasons To Buy
Understand how the media companies ICT landscape is set to change in 2015 to prioritize your target market

Comprehend how money are being allocated by media companies in specific geographies and size bands to improve your market penetration

Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting)

Realign your sales initiatives by understanding the current strategic objectives of media companies

Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (mobility, business intelligence, and cloud computing)

Prioritize your focus areas by understanding which factors are influencing media companies decisions when selecting an ICT provider
Understand the changes in customers priorities and identify the business and IT objectives that media companies are looking to achieve through their ICT investment strategies
Table Of Contents
1 Trends in ICT budgets
1.1 Introduction
1.2 Survey demographics
1.3 ICT budget changes
1.4 ICT budget allocation by core technology area
1.4.1 Hardware budget breakdown
1.4.2 Software budget breakdowns
1.4.3 Third party IT services expenditure
1.4.4 Cloud computing budget
1.5 ICT budget allocation by function
1.6 Outsourced IT functions
2 ICT investment priorities and vendor satisfaction
2.1 Introduction
2.1.1 Mobility
2.1.2 Business intelligence
2.1.3 Cloud computing
3 ICT procurement trends
3.1 Introduction
3.2 Business objectives and IT objectives influencing IT investment strategy
3.3 ICT provider selection
4 Sector-specific trends
4.1 Introduction
4.2 IT expenditure plans for various technology areas
4.3 Technology areas receiving the largest investments
4.4 Primary objectives of various systems components
5 Summary
5.1 Media companies are aggressively investing in various ICT domains to achieve a competitive edge
6 Appendix
6.1 Definitions
6.2 Further reading
6.3 Contact the authors

List Of Tables
N/A

List Of Figures
Figure 1: Media companies ICT survey geographic breakdown
Figure 2: Media companies ICT survey breakdown by size band (number of employees)
Figure 3: Recent and expected ICT budget changes among media companies
Figure 4: Media companies' (external) ICT budget allocation, 2014 and 2015
Figure 5: Media companies' average hardware budget allocation
Figure 6: Average allocation of software budgets among media companies
Figure 7: Media companies' average IT services budget allocation
Figure 8: Media companies' average cloud computing budget allocation by technology
Figure 9: Media companies' average cloud computing budget allocation by implementation type
Figure 10: Media companies' ICT budget allocation by function, 2014 and 2015
Figure 11: Outsourced IT functions - Media companies' current and future outsourcing priorities
Figure 12: Mobility - Media companies' current and future investment priorities
Figure 13: Mobility - selected primary provider and vendor satisfaction among media companies
Figure 14: Business intelligence - Media companies' current and future investment priorities
Figure 15: Business intelligence - selected primary provider and vendor satisfaction among media companies
Figure 16: Cloud computing - Media companies' current and future investment priorities
Figure 17: Cloud computing - selected primary provider and vendor satisfaction among media companies
Figure 18: Business objectives and IT objectives which influence media companies' IT investment strategy
Figure 19: Factors influencing media companies' decision to choose an ICT provider
Figure 20: IT expenditure plans in 2015 compared to 2014, for specific technology areas among media companies
Figure 21: Top three IT projects in 2015 for media companies
Figure 22: Importance of the following primary objectives among various systems components within media companies
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