Global PC shipments fell 3.2% during the Q1 this year, according to IDC. The drop was driven by wary business and retail consumers, rising fuel and commodity prices, the tsunami in Japan and political turmoil in the Middle East. The researchers expect the U.S. market growth to continue to be strained in the current quarter.
Leading SaaS customer relationship management (CRM) vendor, Salesforce.com recently reported its first quarter results that topped analyst estimates even as profits slumped 97%. Salesforce.com continues to report record revenues, but margins have been a concern. Let’s take a closer look.
Everest Group’s Market Vista report for Q1 2011 estimates the first quarter global transaction volumes for outsourcing contracts at an annual contract value of $3 billion. The number of contracts signed during the year by the business process outsourcing (BPO) segment grew 25% sequentially driven by significant growth across all sectors including the BFSI, manufacturing,
According to ABI research, mobile music streaming will see significant growth in the coming years with the subscriber base expected to cross 161 million by 2016, compared to 5.9 million projected by the end of the current year. That translates to a compounded annual growth rate of 95%. By 2012, Asia Pacific should become the
According to a report by Cisco, global mobile data traffic grew 2.6 times in 2010. Last year, mobile data traffic recorded data flow of 237 petabytes per month. Mobile video traffic accounted for 49.8% of total mobile traffic last year and is projected to grow to 52.8% in the current year. The growth was seen
Today, the VC-funded startup market is full of Internet companies that command sky-high valuations without a robust monetization strategy in place. However, there are also organizations such as Fusion-io that are able to support valuations and IPO plans with a sound product strategy. The company, which was ranked Number 2 by The Wall Street Journal out of the top
Government spending during the quarter is estimated to have fallen 8% over the year – not good news for Cisco, which gets 22% of its revenues from the sector and is already seeing troubled times. The company’s stock price fell 15% last year. During the current year, while the Dow Jones has gone up 10%,
According to the Recording Industry Association of America, the money spent per capita on recorded music for the U.S. fell from $71 in 1999 to $26 in 2009. Digital music services such as single song and album downloads, subscriptions, online radio stations, and mobile phone downloads fundamentally changed the way the industry worked, beginning around 2003. By 2009,