The PC industry is not seeing a recovery soon. IDC’s recent quarterly PC shipment report saw global PC shipments fall 11.4% over the year to 75.6 million units driven by the increased adoption of tablet devices. Besides PC vendors, the trend has also forced chip manufacturers like Intel (Nasdaq: INTC) to diversify their operations.
The latest Gartner’s Worldwide IT Spending Report estimates global IT spending to grow 2% over the year to $3.7 trillion. By segment, telecom services will remain the largest sector with $1.66 trillion of the market and growing 0.9% over the year. IT Services are projected to grow 2.2% over the year to $0.93 trillion. Devices
Researcher TBR’s 2Q13 Business Intelligence Software Vendor Benchmark estimates worldwide business intelligence (BI) software market to grow 4% annually over the period 2013 through 2018 to be worth more than $40 billion by 2018. In another report, Gartner estimated the BI market to have reported a growth of 6.8% over the year to $13.13 billion
Since social gaming player, Zynga (Nasdaq:ZNGA), went public, their troubles have only increased. Not only have their acquisitions failed to deliver, but their existing games are losing steam as well. Add to that concern of increased competition and slowing growth rates for the industry. Little wonder then that Zynga has had to rethink not only
According to Gartner, the Software-as-a-Service market is projected to grow 20% over the period 2011 through 2016 to $32.8 billion. Within the market, CRM will be the largest market growing from $5 billion in 2012 to $9 billion by the year 2016. But the biggest growth within SaaS will be driven by Office Suites which are
According to researchers, Siemer & Associates, the Software-as-a-Service (SaaS) market is projected to grow 16.8% this year to $16.7 billion. The researcher believes that the growth in the market is driven by increased adoption of CRM, ERP, HR SaaS tools and the need for mobile apps for corporate applications. Another report estimates the SaaS market
Earlier last week, Apple released its updated iPhones – the iPhone 5S and iPhone 5C. Many believe that Apple has lost its innovative streak with the passing of founder Steve Jobs. Many of the company’s new products may be testimony to this belief as they feature rather simple upgrades instead of the radical new developments
Earlier this year, digital publishing solutions provider, Adobe (Nasdaq:ADBE) announced plans to shift its revenue model to a subscriptions-based one. It planned to gradually shut down support and sales of perpetual license products and instead get users to subscribe to them by charging an annual or monthly fee. The basic subscription costs $19.99 a month,