Worldwide IT Services Revenue Exceeded $1 Trillion
For the entire year, worldwide IT services revenues crossed the $1 trillion mark in 2018. Annual growth accelerated slightly to 4.3 percent. This largely reflects overall healthy corporate IT spending sustained by large enterprises’ cautious yet optimistic business outlook.
How Digital Platforms Enable Retail Innovation
“IDC thinks that a digital platform is essential to execute the innovation strategy. Such platforms have the fundamental role of integrating a company’s IT and business departments around a set of shared key capabilities that include an intelligent core that can continuously analyze data from internal and external environments.”
via IDC
IT Hourly Downtime Costs Rise Again in 2019
“A single hour of downtime now costs 98% of firms at least $100,000. And 86% of businesses say that the cost for one hour of downtime is $300,000 or higher.”
via ITIC
Digital Identity in a Global Networked Economy
“A digital identity can streamline transactions between governments and citizens, and dramatically reduce many of the lengthy processes involved in complex negotiations such as buying or selling a house.”
Private Cloud Computing Deployment Growth will Surge
According to the latest worldwide market study by IDC, vendor revenue from sales of IT infrastructure products for cloud computing environments — including public and private cloud — grew 28 percent year-over-year in the fourth quarter of 2018 (4Q18), reaching $16.8 billion.
Why Channel Partners Drive Hyperscale Cloud Growth
Canalys reports that hyperscale cloud infrastructure services are in a period of sustained growth, with spending up 46 percent in 2018 to more than $80 billion. Expenditure is also forecast to surpass $143 billion in 2020.
How IoT Technology Drives Smart Building Innovation
Commercial buildings are getting smarter. They now include a growing variety of technologies that are part of the Internet of Things (IoT) phenomena. Across the globe, new buildings are being constructed with both wired and wireless IoT infrastructure that enables innovation.
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