vzSense

Gartner: The IT industry will not fully recover before 2011

VN:F [1.6.1_878]
Rating: 0.0/5 (0 votes cast)

Though economy is rising and making an optimistic way, many analyst and IT leaders like Steve Ballmer, are not very pessimistic that the growth will be the rapid one. According to Gartner, the IT industry will not bring the same amount of revenue as in 2008 before 2011. Here are some of the statements produced by Gartner.

“there will be a 3.3 per cent increase in global IT spending in 2010, to $3.3 trillion”

“2010 is about balancing the focus on cost, risk, and growth. For more than 50 per cent of CIOs the IT budget will be zero per cent or less in growth terms. It will only slowly improve in 2011.”

Spending on computer hardware of various kinds – including servers, storage, networking gear, PCs, printers, and so on – will fall by 16.5 per cent in 2009, to $317bn. And the company’s best minds’ best guesses average out to a flat market for hardware in 2010.

“By 2012, the accelerated IT spending and culturally different approach to IT in these economies will directly influence product features, service structures, and the overall IT industry. Silicon Valley will not be in the driver’s seat anymore,” Sondergaard said.

The faster than average growth for services and software is washed out by the flatness in hardware spending, which leaves telecom setting the pace for overall IT spending growth.

source : The Register

This analysis clearly shows that in the coming year, the culture and the market of the IT industry will be completely different. Just look at the year 2009, this has brought whole new set of players in the internet arena. The rise of facebook cannot be ignored from the canvas. Further, services like digg and twitter are getting tremendous power at the internet as they are the place where people are spending maximum of their time.

Internet has been stormed by the whole new culture of open system driven by the information independence. The participation of people over the technology have increased where each individual can voice his/her likes and likes not. It would be very interesting to see how the market will turn up in 2011.


One Response

[...] Gartner: The IT industry will not fully recover before 2011 [...]

Leave Your Response

* Name, Email, Comment are Required

Follow Us

Facebook Profile Twitter Profile RSS Feed

Our Sponsers

Citibank
Join Buzzom Premium

Social Media, Search & Digital Marketing Conference

Our Sponsers

Blog Advertising - Advertise on blogs with SponsoredReviews.com
Learn More About Advertising Here

Meta




LinkedIn ProfileFacebook ProfileTwitter Profile