Signs of a moderate pullback in some areas of IT spending For the fifth consecutive month, International Data Corporation has lowered its 2023 forecast for worldwide IT spending as technology investments continue to show the impact of a weakening economy. In its new monthly forecast for worldwide IT spending growth,…
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PICaaS market encompasses revenue generated by cloud service providers International Data Corporation (IDC) has published its first-ever forecast for the performance intensive computing as a service (PICaaS) market. IDC projects that the total worldwide PICaaS market will grow from $US22.3 billion in 2021 to $US103.1 billion in 2027 with a…
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Data-driven everything is increasingly an overarching theme Asia/Pacific spending on BDA solutions will reach $US42.2 billion in 2023, thus growing by 19.6 per cent from 2022. Investment in enterprise intelligence solutions has witnessed significant growth from the previous year. It is expected to stay the same owing to the incremental…
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The market will face significant macroeconomic headwinds and curbed demand According to the International Data Corporation Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 16.3 per cent year over year in the…
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Hybrid work has emerged as the dominant enterprise operational model Accenture and Avanade, HCL Technologies, Infosys, TCS and Wipro are identified (in alphabetical order) as “Leaders” among the intelligent Digital Workplace Services vendors. Followed closely by “Major Players” in the market namely (in alphabetical order) Atos, DXC Technology, Movate, Unisys…
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Achieving digital trust is critical to be considered while making any strategic investments International Data Corporation predicts that by 2026, 20 per cent of large enterprise organizations will migrate to autonomous security operations centres (SOC) accessed by distributed teams for faster remediation, incident management, and response. India is on the rise…
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Technology initiatives continue to trigger investments in these industries According to IDC’s latest Worldwide Semi-annual Security Spending Guide, spending on security hardware, services, and software in Asia/Pacific* is expected to reach USD 36 billion in 2023, an increase of 16.7 per cent over the previous year. Security investments will remain resilient…
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Almost all industries and company size segments will see low double-digit growth Worldwide spending on security solutions and services is forecast to be $US219 billion in 2023, an increase of 12.1 per cent compared to 2022, according to the new Worldwide Security Spending Guide from International Data Corporation. Investments in hardware, software,…
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Adoption of as-a-service or consumption-based models is increasing rapidly International Data Corporation ’s (IDC) new report finds that “Anything as a Service”, or XaaS, is quickly becoming the preferred delivery model for several products, tools, and technologies. As per IDC Future of Digital Infrastructure 2022 Global Sentiment Survey (India, n=100), almost…
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CIOs are building digital business platforms that can support extensive ecosystems IDC predicts that by 2026, 60 per cent of CIOs will find their roles being challenged by line-of-business (LOB) counterparts who can better demonstrate the ability to align technology with the organization’s mission and customers. This is just one of…
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