On Earth, the Economy Is Tanking. In the Cloud, It’s Fine

Catie Merrill, who tracks the cloud industry at analyst firm TBR, says all the leading cloud providers will likely splurge on hardware this year. “My sense is that they are going to increase that spend a lot to accommodate new demand,” she says. The trend will likely continue even as countries reopen, she says, because […]

IT majors may have incurred higher costs for insurance, health benefits for staff in June quarter

“Rewarding employees, especially the over-performing ones, with higher variable pay during times of crisis is typically a strong morale booster. While attrition also came down across all vendors, vendors know that retaining highly-skilled, loyal personnel can be a hard task, said Boz Hristov, Professional Services Senior Analyst, Technology Business Research Inc.” — The Hindu Business […]

COVID-19 is driving IBM, IT industry to deliver faster ‘edge’ computing

“The use cases for edge computing were already vast and varied prior to the pandemic. Self-driving cars, heartmonitoring devices, crop-sensing machinery and inventory-management sensors are examples that scratch the surface of how the low latency, bandwidth management and advanced analytics afforded by edge computing are valuable in a variety of industries.” — WRAL TechWire

The Big Cloud Data Boom Gets Even Bigger, Thanks to COVID-19

“A recent survey by Technology Business Research indicates a 13% increase in the number of companies that are increasing their cloud spending as a result of COVID-19, from 17% in March to 30% two weeks later. ‘SaaS and IaaS are among some of the few IT segments that may see increased demand in the first […]

Forecast: 5G network demand receiving a boost from COVID-19 pandemic

“The environment after COVID-19 will prompt enterprises and governments to take a hard look at how they can apply new technologies such as 5G to mitigate operational and safety risks. Leading enterprises in the U.S., Germany, Finland, South Korea and Japan will drive the first wave of private 5G network investment through 2021, giving way […]

Covid-19 uncertainty to hit IT hiring in the short term

“There will not be any major spike in headcount additions. Automation in service delivery will definitely play an even larger role in vendors’ resource management strategies post Covid-19, said Boz Hristov, Professional Services Senior Analyst, Technology Business Research, Inc.” — The Hindu Business Line

Going will be tough for IT firms relying mainly on cost advantage

“Boz Hristov. Professional Services Senior Analyst, Technology Business Research, Inc, said vendors may have to demonstrate pricing agility to retain clients. If the incumbent is not offering/thinking of ‘sweetening up the deal’, there is likely a competitor knocking on the door ready to do so.” — The Hindu Business Line