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Industry News

IDC: EMEA PC Market "Not Rocked" by Coronavirus

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IDC: EMEA PC Market

As coronavirus (aka Covid-19) concerns spread across the world in a very much viral fashion, IDC reports the virus will leave an impact on the W. European PC market in 2020, but not as much as the ongoing stagnation of the consumer segment.

The analyst predicts traditional PC-- desktops, notebooks and workstations-- shipments will total 72.2 million in 2020, a -1% decline. The remaining Windows 10 transitions should continue driving commercial demand, but as mentioned earlier the consumer segment remains very much stagnant, and negative supply chain ramifications will keep the PC market in negative territory. H1 2020 should be better than H2, with overall 1.6% Y-o-Y growth expected for Q1 2020 and flat performance for Q2 2020.

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IDC: Coronavirus Disrupts IT Spending Growth

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IDC: Coronavirus Disrupts IT Spending Growth

According to IDC, global IT spending is set to grow by 5% in 2020, as software and services investment remains stable while 5G drives smartphone sales growth-- but the uncertainty brought about by the coronavirus outbreak affects growth, at least in the short term.

As such, the analyst updates forecasts to show ICT spending, including IT spending in addition to telecom services (1%) and new technologies such as IoT and robotics (+16%) will increase by 6% in 2020 to $5.2 trillion.

However, excluding smartphones, IT spending growth will drop from 7% in 2019 to 4% in 2020. Software growth is to decelerate slightly to less than 9%, while services growth will dip from 4% to 3%, but most of the slowdown comes from a PC market at the end of the recent buying cycle. As a result, 2020 PC sales are set to fall by -6%, down from the 7% growth seen in 2019.

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Improved Data Quality Through Blockchain Smart Contracts

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Improved Data Quality Through Blockchain Smart Contracts

According to Gartner, by 2023 organisations using blockchain smart contracts will increase overall data quality by 50%, even if the process also reduces data availability by 30%.

The analyst defines a blockchain smart contract as a program or protocol typically running on a blockchain able to facilitate, verify or execute business processes triggered by events, on-chain transactions or interactions with other smart contracts. However governance frameworks for blockchain participation, or the terms and conditions within the smart contract, can dictate the availability of data the smart contract transaction generates, from none to limited to unlimited.

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Coronavirus Impacts Tech Manufacturing!

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Coronavirus Impacts Tech Manufacturing!

Foxconn says it will meet all manufacturing obligations following the outbreak of the coronavirus in China, Reuters reports, even after the most recent Apple results point out uncertainty due to the disease.

“We do not comment on our specific production practices, but we can confirm that we have measures in place to ensure that we can continue to meet all global manufacturing obligations,” a Foxconn statement reads.

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Gartner: IT Spending Reaches $3.9 Trillion in 2020

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Gartner: IT Spending Reaches $3.9 Trillion in 2020

According to Gartner, global IT spending is set to total $3.9 trillion in 2020, a 3.4% increase over 2019 with software and cloud-based offerings among the faster growing segments for the year.

“Although political uncertainties pushed the global economy closer to recession, it did not occur in 2019 and is still not the most likely scenario for 2020 and beyond,” the analyst says. “With the waning of global uncertainties, businesses are redoubling investments in IT as they anticipate revenue growth, but their spending patterns are continually shifting.”

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