Nov, 2016 : Slow Growth In Hardware Spending Expected


📅 - According to research by IDC released Monday, software will become the largest category of IT spending by 2020, surpassing both hardware and services spending. As more businesses continue adopting cloud computing, hardware is seeing less spent.

Chris Chute, the vice president of Consumer Insights and Analysis said in a statement, “The Third Platform has disrupted traditional IT markets and how large organizations deliver IT services. For SMBs, the result has been largely positive: a stronger ability to compete with larger firms, more easily enter new markets, more quickly develop new products, and drive higher levels of employee productivity. Over the next three years, we expect IT solutions to drive business outcomes, and in turn further close the competitive gap between SMBs and enterprises.”

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