Tag: IT spending

Here you will find all the articles with the tag: IT spending.

Konica Minolta acquires Depth Security

Konica Minolta acquires Depth Security

Konica Minolta's U.S. operation just purchased a cybersecurity firm in Kansas City. The Japanese company purchased Depth Security for an undisclosed amount. Rick Taylor, the CEO of Konica Minolta Business Solutions U.S.A, said that their continued investments in security offerings appear to be a... Read more

date4 years ago
IDC study shows effect of Covid-19 pandemic on tech spending

IDC study shows effect of Covid-19 pandemic on tech spending

Google commissioned new research on how the Covid-19 pandemic has affected IT budgets in the market and found that 60% of all enterprises that were surveyed expect no change or an increase in their spending this year. The 40% left, said that they anticipate a reduction in spending, due to the co... Read more

date4 years ago
Gartner predicts growth public cloud, fueled by SaaS and DaaS

Gartner predicts growth public cloud, fueled by SaaS and DaaS

With demand for software-as-a-service and desktop-as-a-service surging, the public cloud should expect to see more growth. According to Gartner's new report, the prediction is that the market will grow to about $257.9 billion this year. Compared with last year's stats, that is a 6.3% increase. T... Read more

date4 years ago
Global IT spending will decline in 2020 and recover in 2021

Global IT spending will decline in 2020 and recover in 2021

The analyst firm Gartner reports that global IT spending will drop 7.3% this year, with Covid-19 and the lockdown hitting the economy hard. Their predictions state that IT spending this year will peak at $3.5 trillion, with all sectors facing a decline. The hardest-hit market will be the device ... Read more

date4 years ago
IDC predicts IT spending to drop by 5.1 percent by 2020

IDC predicts IT spending to drop by 5.1 percent by 2020

The IDC predicts that overall spending on technology will drop by 5.1 percent this year. The ongoing corona crisis is forcing companies to cut IT spending. The IDC originally predicted that IT spending would grow by 5 percent this year. The company revised the prediction in March after... Read more

date4 years ago
IT spendings likely much lower due to corona virus COVID-19

IT spendings likely much lower due to corona virus COVID-19

The corona virus outbreak is now officially a pandemic, and companies are obviously noticing the consequences. According to research bureau IDC, the financial consequences will specifically be noticeable in IT. IDC initially expected a 4% growth in IT spending in 2020, but due to the effects of ... Read more

date4 years ago
Companies will spend more than $3.8 trillion on IT in 2019′.

Companies will spend more than $3.8 trillion on IT in 2019′.

Worldwide, companies are expected to spend $3.8 trillion on information technology in 2019. An increase of 3.2 percent compared to last year. The investments are mainly made in the field of cloud services, blockchain, Internet of Things (IoT) and artificial intelligence (AI), according to a research... Read more

date5 years ago
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