Naveen Mishra, VP, Team Manager, Gartner, says in ‘25 we anticipate CIOs would execute their Gen AI strategy and as a part of it, every service provider especially the large data centre companies are spending into servers, network etc. While you have upgraded your worldwide IT spend guidance with respect to the forecast that you … Read more
“There is no recession in IT world. Now, for 2023, we have projected about 4.3% growth and that moves to 8 plus percentage in 2024. As part of our research, what we felt is IT software and services are going to be the two big underpinning drivers in 2023 and 2024 as well,” says Naveen … Read more
China’s slowing economy and an inflation-driven drop in consumer spending are expected to drag down global shipments of computers and smartphones this year, according to research firm Gartner. Shipments to China – the world’s biggest smartphone market – are expected to shrink by 18 percent as demand takes a beating from strict COVID-19 curbs that … Read more
The worldwide PC market saw a decline of 7.3 percent in shipments during the first quarter of 2022, which totalled 77.5 million units, according to preliminary results by Gartner. Reportedly, this time last year, the PC market registered its highest growth in decades, but this time it was a challenging quarter for the PC and … Read more
China’s Lenovo, the world’s biggest maker of personal computers, said that a global chip shortage would persist into the first half of next year as it reported a 65 percent rise in second-quarter profit on Thursday. The company said it was able to outgrow the market by securing more supply of components than its peers, … Read more
By Svetlana Sicular, Research Vice President, GartnerThe world mobilized for an incredible fight following the onset of the global Covid-19 pandemic, and managed to develop safe and effective vaccines in record time. Now that the first vaccines are out, the planet is facing three huge challenges: manufacturing, distribution, and administration. The artificial intelligence (AI) community … Read more
Gartner, the market research firm, predicts 11.4 percent year-on-year growth in the global smartphone market, with 1.5 billion phones sold in 2021. Smartphone sales took a major hit and witnessed a 10.5 percent decline in 2020 due to the COVID-19 pandemic. However, 2021 is predicted to see a return to former levels, as the markets … Read more