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Economic Slowdown in China Drives IDC to Lower Forecast for IT Spending

IDC PMS4colorversion  Economic Slowdown in China Drives IDC to Lower Forecast for IT Spending

IDC Press Release

Shipments of smart phones and tablets buoy overall market

FRAMINGHAM, Mass., August 5, 2013 – According to the new International Data Corporation (IDCWorldwide Black Book Query Tool, Version 2, 2013 (Doc #242462), the economic slowdown in China has driven IDC to lower its expectations for worldwide IT spending growth this year. IDC now forecasts IT spending growth of 4.6% in constant currency for 2013, down from the previous forecast of 4.9% growth and a sharp deceleration from last year’s growth of almost 6%. Despite the lower forecast, IDC expects IT spending will reach $2 trillion for the first time ever in 2013. Meanwhile, total ICT spending, including telecommunications services, will increase by 3.8% at constant currency to $3.6 trillion.

For the full press release click here

Screen Shot 2013 08 06 at 10.39.34 AM Economic Slowdown in China Drives IDC to Lower Forecast for IT Spending

Infographic: Six Emerging Markets That Will Rival the US by 2017

IDC/IDG Global Solutions

Join IDC and IDG Global Solutions on June 11, at the Hyatt Regency Santa Clara, to explore the opportunities afforded in today’s biggest tech play: Big Data, Mobility and the Cloud. Learn how to craft vertical, tech and segment specific go-to-market strategies, identify the most appropriate partners and the right steps needed to build an optimal channel ecosystem, and gain access to country specific analysts who can provide you with insights into local market opportunities.

To register and for more information on this event, click here.

FINAL Six Emerging Markets to Rival US Infographic: Six Emerging Markets That Will Rival the US by 2017

Tech Spending Still Strong Despite Economic Volatility and Cannibalization from Mobile Devices and the Cloud, According to IDC’s Worldwide Black Book

IDC PMS4colorversion  Tech Spending Still Strong Despite Economic Volatility and Cannibalization from Mobile Devices and the Cloud, According to IDC’s Worldwide Black Book
IDC Press Release

China looks a good bet to be the engine of growth again in 2013, while U.S. will see improving PC market and more software growth

FRAMINGHAM, MA – According to the new International Data Corporation (IDCWorldwide Black Book Query Tool just released (Document # 239304), IT spending remained broadly strong throughout a difficult end to 2012 as business confidence waned in the shadow of the “fiscal cliff’,” economic growth declined in much of Europe, and economies in Asia struggled to cope with reduced exports. In spite of these headwinds, worldwide IT spending recorded annual growth of 5.9 percent in 2012 in constant currency terms, keeping pace with the 5.8 percent growth recorded in 2011. Total IT spending on hardware, software and IT services reached $2 trillion, while ICT spending (including telecom services) increased by 4.8 percent to $3.6 trillion.

For the full release click here

Emerging Markets: No More BRIC in the Wall?

IDG Connect 0811 300x141 Emerging Markets: No More BRIC in the Wall?

As major economies continue to struggle and previously up and coming markets such as Brazil and China mature, IDG Connect investigates opinion on the next emerging markets. With expanded background on Indonesia, Vietnam, Myanmar and Qatar, this paper also presents local opinions from experts on the ground.

IDC predicts that emerging markets will contribute for 53% of 2012’s global ICT growth. Knowing which of these countries is next to boom is invaluable for companies looking to expand or balance lack of growth in more established environments. To test opinion, IDG Connect conducted a straw poll of 675 global IT and business professionals on which country they felt was about to boom and why. This report provides an overview of the results, highlighting the views of the voters, as well as analysing the findings and giving background on the featured countries.

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Directions 2013 – Unlocking Value from the 3rd Platform: New Buyers, Offerings, and Competitors

IDC PMS4colorversion  300x99 Directions 2013   Unlocking Value from the 3rd Platform: New Buyers, Offerings, and Competitors

March 5, 2013 • Santa Clara Convention Center • Santa Clara, California [Register now]
March 13, 2013 • John B. Hynes Convention Center • Boston, Massachusetts [Register now]

As the ICT industry continues its shift to the 3rd Platform, challenges, competition and opportunities abound. This new technology platform, leading growth and innovation in both traditional and nascent market segments, is built on mobile devices and apps, cloud services, mobile broadband networks, big data analytics and social technologies.  By 2020, when the ICT industry generates $5 trillion in spending, 40% of the industry’s revenues and – incredibly – 90% of its growth will be driven by 3rd Platform technologies that, today, represent just 22% of ICT spending. Countless market players are wisely catching on to the 3rd Platform story now, to advance their competitive edge.  

Boiled down, the 3rd Platform story illustrates the idea that the foundational Four Pillars of mobile, cloud, social, and Big Data are connected to each other, forming this new business innovation platform. While 3rd Platform battles and the role of key buyers are shifting, an increasingly strategic area of competition and growth is in the high-value mash-ups of those technologies into “3rd Platform solutions,” many of which involve new business and consumer services that are transforming whole industries. Think social mobile commerce, smarter cities, mHealth/eHealth, mobile/cloud payments, and more.  

Register now and join IDC’s leading analysts at Directions 2013 as they address these and other shifting market trends, as well as highlight the innovators leading the charge as the 3rd Platform continues to transform and mature.

For more information, including the full event agenda, please visit: www.idc.com/directions13.

IDC Launches ICT Market Intelligence Industry’s First Global Data Mobile Application

IDC PMS4colorversion  300x99 IDC Launches ICT Market Intelligence Industrys First Global Data Mobile Application

IDC Press Release

FRAMINGHAM, Mass.— International Data Corporation (IDC) today launched the IDC Tracker® Charts app, the first mobile application that provides hundreds of data charts covering market size, vendor share, and forecast data for dozens of information and communications technology (ICT) markets worldwide.

The IDC Tracker Charts app for iPhone and iPad allows users to view data charts from the most recent IDC Tracker products. New charts are added each week, based on when IDC issues IDC Tracker press releases, with dozens of new charts added each quarter. IDC Tracker Charts are interactive, taking advantage of Sencha Touch charting tools, and are organized and searchable by geography, market, time period, and chart type. Each chart links back to a press release with additional market context and a product description of the respective Tracker. Users can share these charts via Facebook and Twitter.

For the full release click here

IDC Forecasts Worldwide IT Spending to Grow 6% in 2012, Despite Economic Uncertainty

IDC PMS4colorversion  300x99 IDC Forecasts Worldwide IT Spending to Grow 6% in 2012, Despite Economic Uncertainty
IDC Press Release

9/10/12

Strong performance in software, storage, enterprise network and mobile device markets offset weaker trends

FRAMINGHAM, MA – IDC announced the availability of new research, Worldwide Black Book Query Tool, Version 2, 2012 (Document # 236347), that shows Worldwide IT spending remains on course to grow 6% this year in constant currency, only slightly down on last year’s pace of 7% growth, in spite of continuing macroeconomic uncertainty. Strong performance in software, storage, enterprise network and mobile device markets has offset weaker trends in PCs, servers, peripherals and telecom provider equipment. However, the strength of the US dollar in the first half of 2012 means that IT spending in dollar terms is on course for growth of just 4% this year, a significant downturn for US-based tech vendors from the US dollar growth rate of 10.5% in 2011. Including telecom services, total ICT spending will increase by 5% this year in constant currency to $3.6 trillion (growth of 2.5% in US dollars).

For the full release click here

Update on Tech Market Intelligence: The Role; Budgets; and Trends

IDC PMS4colorversion  300x99 Update on Tech Market Intelligence: The Role; Budgets; and Trends

As with almost all functions within a large and complex marketing organization, the Market Intelligence (MI) organization is under pressure to transform. In our recent discussions with top MI executives, three transformational trends stand out as “guidance” for this profession.

1. Transform the MI organizational model and team to be more proactive. MI staffs tend to be spread thin and rarely have the bandwidth to move out of “response” mode. IDC believes that the MI function needs to increase the self-service capability for the majority of its internal clients. Better information portals, and the tools and training to access these resources are key to this effort. In doing so, MI should then be able to place more active attention to the second guidance area which is:

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IDC Releases First Worldwide Big Data Technology and Services Market Forecast, Shows Big Data as the Next Essential Capability and a Foundation for the Intelligent Economy

IDC1 300x96 IDC Releases First Worldwide Big Data Technology and Services Market Forecast, Shows Big Data as the Next Essential Capability and a Foundation for the Intelligent Economy

IDC Press Release 

FRAMINGHAM, Mass – International Data Corporation (IDC) today released a worldwide Big Data technology and services forecast showing the market is expected to grow from $3.2 billion in 2010 to $16.9 billion in 2015. This represents a compound annual growth rate (CAGR) of 40% or about 7 times that of the overall information and communications technology (ICT) market.

For the full release click here

big data forecast IDC Releases First Worldwide Big Data Technology and Services Market Forecast, Shows Big Data as the Next Essential Capability and a Foundation for the Intelligent Economy

US tech market will grow by 7.5% in 2012, 8.3% in 2013

Forrester Press Release

With the US economy showing signs of improvement, the US tech market has been rejuvenated, according to a new US tech market forecast from Forrester, which is forecasting US tech market growth of 7.5% in 2012. This is up from the 6.6% growth projected in November 2011. For 2013, Forrester is forecasting 8.3% growth. Including telecom services, business and government spending on information and communications technology (ICT) will increase by 7.1% in 2012 and 7.4% in 2013.

For the full press release click here