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COVID-19: Effect on Information Technology Resources

IT Spending is Falling Significantly…

The Covid19 crisis is also affecting information technology. The market research institute IDC has drastically lowered its expenditure forecast for this year.

The current crisis is driving down technology and corporate investment spending, according to the latest figures from the market research institute IDC. According to this, the IT spending forecast for 2020 will decrease by 5.1 percent to $ 22.25 trillion. However, total IT infrastructure spending is still expected to increase by nearly 4 percent to $ 237 billion, largely due to the demand for cloud services.

According to IDC, the largest spending cuts will be made on devices such as PCs and smartphones, at minus 12.4 percent. The PC market was already expected to shrink this year. Telecommunications spending will decrease by almost 1 percent, which is relatively stable compared to other types of technology investments. http://actz.xyz/2020/05/05/covid-19-effect-on-information-technology-resources/

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18.06.2020 23:41
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