Topic: management software
According to revised research by International Data Corporation (IDC), worldwide IT spending is now expected to decline by 2.7%.
The impact of the coronavirus has rippled across the IT sector for buyers and vendors as they face a new set of assumptions and a new global economy.
Worldwide IT spending will increase by 5% this year, but with a few caveats, according to a report by International Data Center (IDC)
Worldwide IT spending is projected to hit $3.9 trillion this year, which would be a 3.4% increase over 2019, according to Gartner.
Microsoft has been far and away the software market leader over the past decade, according to Synergy Research Group (SRG).
Cisco announced on Monday that it was buying Exablaze to better enable low latency applications.
Israel-based DriveNets announces a raft of vendor partnerships on Tuesday including UfiSpace, Edgecore Networks and Delta.
While telcos are, for the most part, embracing the TM Forum's Open APIs, software product vendors' implementations are lagging, according to a study.
Deutsche Telekom is folding parts of a slimmed-down T-Systems back into its corporate structure, according to Reuters.
DevOps company GitLab said Tuesday that it has raised $268 million in a Series E round of funding, which brought its valuation to $2.75 billion.