IT services spending to cross the $5trn mark
IT services are expected to spend roughly $ 5,1-trillion by the end of 2024. The planned expenditure is a notable 8,5% increase from 2023's $4,7-trillion spending, according to Stocklytics.com. The site's financial analyst, Edith Reads, comments: "The augmented IT...
Tech trends shaping 2024 and beyond
From integrating AI in everyday business operations to the fortification of cybersecurity measures, the past year showcased technology's efficiency and resilience. In 2023, terms like GenAI, cybersecurity, data, and multi-cloud seamlessly integrated into our daily...
Analysts anticipate 27% revenue increase for AMD
AMD, whose share price nearly doubled in 2020, seems to have enough momentum to replicate its performance in 2021. According to the research data analyzed and published by Finaria, AMD’s share price shot up by 99,98% in 2020. It ranks second out of 31 stocks on the...
Consumer, education demand drives EMEA PC market up
The Europe, Middle East, and Africa (EMEA) traditional PC market (desktops, notebooks, and workstations) posted strong growth in 2020Q4 (16,6% YoY) and totaled 24,1-million units, according to International Data Corporation (IDC). The continued impact of Covid-19 and...
Lower shipments predicted for Samsung Galaxy S21 series
The long-awaited Samsung Galaxy S21 series, which launched on 14 January 2021, faces an uncertain future. According to the research data analysed and published by Sijoitusrahastot, the recently launched Samsung Galaxy S21 series could outperform 2020’s Galaxy S20....
Xi Jinping calls for global co-operation
Chinese president Xi Jinping has called for both greater global efforts in the fight against an unprecedented public health crisis and a renewed commitment to multilateral co-operation. He was making a special address on Monday to business, government and civil...
Global IT spend tipped for 6,2% increase in 2021
Worldwide IT spending is projected to total $3,9-trillion in 2021, an increase of 6,2% from 2020, according to the latest forecast by Gartner. Worldwide IT spending declined 3,2% in 2020 as CIOs prioritized spending on technology and services that were deemed...
Predictions for the fintech industry in 2021
The pandemic in 2020 had a massive impact on the financial services industry, with social distancing and remote shopping driving new demands - and local fintechs are largely filling these niches. Dominique Collett, senior investment executive at Rand Merchant...
Distributors start 2021 in a stronger position than last year
European IT distributors have made a better start to the year than in 2020, although supply shortages are still cause for some concern. Context’s Weekly Revenue Trend Index plots the region’s countries against a value of 100 at the start of 2020, which was calculated...
MS Teams to integrate with SAP solutions
SAP and Microsoft have announced plans to integrate Microsoft Teams with SAP’s intelligent suite of solutions. The companies also formalised an extensive expansion of an existing strategic partnership to accelerate the adoption of SAP S/4HANA on Microsoft Azure. These...
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