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531

Indian IT sector may take a heavy hit as Covid batters US and Europe

“Boz Hristov, Professional Services Senior Analyst, Technology Business Research, Inc, said IT vendors — especially those exposed to the most volatile sectors such as industrials/manufacturing, retail and travel — will see a challenging period. The financial services sector will face headwinds, especially banking and capital markets, and less so insurance. This will further pressure Indian […]

533

Accenture and COVID-19: Challenges ahead

COVID-19 will pressure Accenture’s short-term performance but could accelerate adoption of automation as the company maintains pricing agility While a global health pandemic is not something vendors typically prepare for as part of their business continuity plans, for many, including Accenture, the COVID-19 outbreak will certainly test the resiliency of their business models. As a […]

534

COVID-19 catches manufacturing and retail verticals flat-footed, limiting IT and service investment

While manufacturing and retail companies are capitalizing on some opportunities during the COVID-19 pandemic, they are also experiencing significant negative short-term impacts. Making matters worse, most companies in these verticals lack the agility and IT infrastructure necessary to adjust in the current environment. The result will be a severe slowdown in these sectors, which will […]

535

COVID-19 pushes automation to the forefront of business strategies

Automation shifts from a discussion to an imperative across all industries The decision to embrace automation typically requires an organization to engage in careful strategic planning and analysis over a period of time. On one hand, automation enables a level of efficiency, consistency and quality that manual deployment alone cannot achieve. On the other hand, […]

536

COVID-19: Impact on IT organizations

We asked 205 IT leaders who are decision makers for cloud purchasing about the current impact of COVID-19 on their companies and their expectations for the future. These responses were collected between March 17 and March 24. Initial findings show disruption to ongoing projects and increased importance of cloud capabilities in the future. The impact […]

537

The federal IT market braces for impact

Uncertainty underpins the short- and long-term outlook for the impact of the coronavirus pandemic on the federal IT space. Federal agencies and their IT contractors face disruptions across their supply chains, operations, procurement functions and fiscal management. Near-term turbulence is inevitable Defense majors Northrop Grumman and General Dynamics, on March 19 and March 23, respectively, […]

539

Technology Business Research, Inc. announces 2Q20 webinar schedule

Technology Business Research, Inc. (TBR) announces the schedule for its 2Q20 webinar series. May 6           IoT use case stories: How use cases drive IoT May 20        The digital transformation ecosystem demands cooperative partnerships June 10        The CSP ecosystem is gearing up for a major edge build-out; the U.S. and China will lead the world June […]

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COVID-19 and IT: Pains, changes, pockets of opportunity

COVID-19 creates pain, change and even pockets of opportunity for the IT industry There is still a fog of uncertainty around COVID-19’s impact. What is clear, however, is this outbreak is unlike any event in living history. The long-term health crisis, economic disruption and social disruption are occurring at levels that were unfathomable just months […]