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Industry News

Gartner: 2017 IT Spending to Reach $3.5 Trillion

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Gartner: 2017 IT Spending to Reach $3.5 Trillion

According to Gartner global IT spending is to reach $3.5 trillion in 2017-- a 2.9% increase over 2016 spending reaching $3.4tr driven by growth in software and IT services revenues.

The analyst forecasts software spending to grow by 6% in 2016 before rising by 7.2% in 2017 to total $357 billion, while IT services spending should grow by 3.9% in 2016 to reach $900bn before increasing by 4.8% in 2017 to reach $943bn.

However, as well as positives Gartner has some warnings for the future-- specifically regarding the UK's exit from the EU, aka Brexit.

"The immediate impact of Brexit has caused modest growth in IT spending to turn negative for 2016," Gartner remarks. "Without the UK, global IT spending growth would have been modestly positive at 0.2% in 2016, but with the UK included, IT spending is expected to decrease -0.3%. The immediate impact of the British pound will also cause the IT spending patterns to shift as prices for IT will increase."

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Terahertz Radiation for Faster Memory?

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Terahertz Radiation for Faster Memory?

According to research by European and Russian scientists teraherz radiation, aka "T-rays," might be the key for faster computer memory by making the switching on and off of individual memory cells even faster.

T-rays consists of short electromagnetic pulses with a wavelength of around 0.1mm (or teraherz frequencies), which allows for the inspection of organic and mechanical materials. Such properties mean T-rays find use in airport body scanners, as well as in the inspection of microchips, fragile texts and airport luggage.

Now scientists say teraherz radiation can replace the external magnetic fields currently used by memory cells in order to boost the cell-resetting process by a factor of 1000.The concept was successfully demonstrated on a weak ferromagnet, thulium ortoferrite (TmFeO3), and showed the effect of the teraherz radiation was ten times greater than that of a traditional external magnet.

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Munich Houses IBM Watson IoT HQ

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Munich Houses IBM Watson IoT HQ

IBM invests $200 million in a new global HQ for the Watson Internet of Things (IoT) business in Munich, Germany-- part of a larger $3 billion investment by the company in cognitive computing.

Described as one of the largest European investments by Big Blue, the HQ will house around 1000 research, development, engineering and business professionals in the Bavarian capital. It will also host IBM's "first ever IoT Collaboratories," industry labs where partners and customers can work with IBM staff to create IoT solutions for the automotive, electronics, manufacturing, healthcare and insurance industries.

“IBM is making tremendous strides to ensure that businesses around the world are able to take advantage of this incredible period of technological transformation and develop new products and services that really change people’s lives,” the company says. “Germany is at the forefront of the Industry 4.0 initiative and by inviting our clients and partners to join us in Munich, we are opening up our talent and technologies to help deliver on the promise of IoT and establishing a global hotbed for collaborative innovation.”

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Big Names Join Forces in AI Partnership

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Big Names Join Forces in AI Partnership

The scenario of powerful artificial intelligence turning malevolent is a favourite of science fiction-- and one wonders if Google, Facebook, Amazon, IBM and Microsoft had similar thoughts as they formed the Partnership on Artificial Intelligence to Benefit People and Society, an initiative to allay fears on computer-controlled future dystopias.

As a blog post by Google's DeepMind puts it, its aim is to "advance public understanding of AI and formulate best practices on some of the most important and challenging ethical issues in the field." To do so, the partnership hopes to bring together both academics, non-profits and specialists in policy and ethics to “conduct research, recommend best practices, and publish research under an open license in areas such as ethics, fairness and inclusivity; transparency, privacy, and interoperability; collaboration between people and AI systems; and the trustworthiness, reliability and robustness of the technology.”

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Nuvias Adds MEA to EMEA Structure

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Nuvias Adds MEA to EMEA Structure

Specialist distributor Nuvias announces the addition of a 4th region to its regional EMEA structure-- MEA, joining the other Nuvias regions of Northern, Central and Southern Europe.

The announcement comes as Nuvias acquires SCD, a Dubai-based distributor. The SCD offices will act as a hub for Nuvias MEA activities, covering all parts of the Golf Cooperation Council (GCC) area, Pakistan and Afghanistan. The Dubai office will also house a Nuvias Cyber Security Practice with vendors Unitrends, Malwarebytes, Black Duck and Netskope.

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