According to Gartner’s Forecast Overview: Public Cloud Services, Worldwide, 2011-2016, 4Q12 Update worldwide spending on public cloud services is estimated to have grown 19% last year to $110.3 billion. The market is projected to grow 18% annually over the period 2011 through 2016 to be worth $76.9 billion by the year 2016. Within the market,
According to IDC’s Q1 PC shipment report, worldwide PC shipments fell 14% to 76.3 million units. The decline was attributed to the increased adoption of mobile devices and the muted response to Windows 8. The declining market is intensifying competition among existing vendors. Most industry players have been diversifying operations into higher margin products and
Gartner recently published their report on the CRM industry, Market Share Analysis: Customer Relationship Management Software, Worldwide, 2012. The report reveals that the worldwide CRM market grew 12.5% last year to $18 billion. The biggest consumers of CRM technology reside in North America and Western Europe which commanded nearly 80% of the global market. But,
The continuing dismal performance of the worldwide PC industry and Dell’s (NASDAQ:Dell) inability to make a mark within the fast growing mobile device market has not helped their performance. The weak results are also not helping investors who were looking to counter Dell’s proposal of going private through a $24.4 billion Leveraged Buy-Out (LBO) by
Micro-blogging site, tumblr’s recent acquisition by Yahoo has sparked more interest in other start-ups which command such lofty valuations and are under consideration by other technology giants as potential acquisitions. One such player is social traffic and navigation app maker, Waze.
IDC’s recently released PC shipment report has shown very disappointing results. During the first quarter of this year, worldwide PC shipments fell 14% to 76.3 million units. The researcher had been projecting a decline of 7.7% over the year. This was the worst decline in any quarter that IDC has ever reported. The decline was
Since Marissa Mayer’s appointment as the CEO of Yahoo, the market has been waiting for big news from the company. And it seems that Yahoo has delivered. The company has been building its capabilities through talent acquisitions. But yesterday they made big news by announcing the $1.1 billion acquisition of microblogging platform, Tumblr.
NPD’s latest report on U.S. retail sales of video games saw sales of gaming hardware, software, and accessories fall 25% to $495.2 in April this year. The decline was attributed to the growing importance of digital titles on mobile devices and the market’s willingness to wait for new gaming consoles. Gamers are waiting for the