Citi CIO survey says US budget growth expectations moderating while EMEA improved from the previous survey; IT budgets growth expectations slow to 2.6% in next 12 months from +3.3% in December survey
Importance
Level 1
- SAP and Dassault face higher risk of deal slippages, uncertainty could be a risk for Capgemini’s growth recovery
- Sector not immune to a worsening of macro; 68% of European CIOs say macro conditions have deteriorated
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