Barclays, in its global technology outlook, has reached the same conclusion: "We believe the deflationary impact from the cloud ($1 spent on cloud infrastructure actually results in several dollars coming out of other IT end-markets) should prevent IT spending from growing meaningfully in 2014 and 2015. ... We believe global IT spending will remain challenged in the lower single-digit growth range."
Thursday, December 5, 2013
In David Linthicum's latest article, he had this quote from Barclays to substantiate his claim that dollars will shift from hardware provider's to cloud:
Posted by Chris Claborne at 5:20 PM