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60% of A/NZ SMBs are in survival mode

60% of A/NZ SMBs are in survival mode

IDC Australia/New Zealand’s survey finds 60% of SMBs are in survival mode due to the pandemic, but expect to increase IT spending in 2021. In Q4 2020, IDC surveyed 1210 small and medium businesses (businesses with less than 500 employees) across Australia and New...
Global IT spending to plunge by $108bn

Global IT spending to plunge by $108bn

Coronavirus outbreak caused a global IT spending to slip 8% this year, with thousands of companies cutting their technology and service budgets and financing only essential IT costs. Although the entire sector is forecast to shrink, IT devices and data centre systems...
Worldwide IT spending to decline

Worldwide IT spending to decline

IDC expects worldwide IT spending to decline by 2.7% in 2020 as COVID-19 drives down forecasts. Worldwide IT spending is now expected to decline 2.7% in constant currency terms this year as COVID-19 impacts the global economy and forces many organisations around the...