Tag: inflation

Here you will find all the articles with the tag: inflation.

Chipmaker GlobalFoundries warns employees of layoffs

Chipmaker GlobalFoundries warns employees of layoffs

The management of chipmaker GlobalFoundries warned employees of upcoming layoffs. Inflation and energy prices are on the rise. Demand for chips declines as a result. GlobalFoundries is preparing for an uncertain period by cutting staff. The plan was announced in an email to employees on Friday ... Read more

date1 year ago
‘IT spending will increase by nearly four percent in 2023’

‘IT spending will increase by nearly four percent in 2023’

Gartner predicts that consumers and businesses in the EMEA region will spend 3.7 percent more on IT next year. The organization expects total spending of €1.3 trillion. The forecast seems positive, but the numbers don't take macroeconomic circumstances into account. Exchange rates affect inter... Read more

date1 year ago
‘CIOs struggle with rising expectations and slimmer budgets’

‘CIOs struggle with rising expectations and slimmer budgets’

2023 will be a challenging year for CIOs, according to analysts at Gartner. The organization presented a survey on the work and future of IT decision-makers at its IT Symposium in Barcelona. "The pressure on CIOs to deliver digital dividends is higher than ever", said Daniel Sanchez-Reina, VP ... Read more

date1 year ago
Cloud provider OVH announces price increases of 10 percent

Cloud provider OVH announces price increases of 10 percent

OVH plans to increase the prices of several cloud services by roughly 10 percent. According to the French cloud provider, the change is necessary due to rising inflation and energy prices. OVH is one of the largest European cloud providers. The organization provides private cloud, public cloud ... Read more

date2 years ago
SAP wants to raise prices, customers are concerned

SAP wants to raise prices, customers are concerned

SAP wants to increase the prices of cloud services by 3.3 percent per year. User association DSAG is concerned. According to German newspaper Handelsblatt, SAP adjusted its customer contracts a few weeks back. Cloud service prices are expected to increase by 3.3 percent per year. That's a consid... Read more

date2 years ago