The Hub Commentary_
Technology spending is up from last year, but not across the board. Interesting observation where investments are being made in software and subscriptions as I would have expected.
The competition of the service providers is heating up pushing IT organizations to think about where they invest to improve their business. The environment is getting more complex with the introduction of multiple deployment platforms and managing the infrastructure in lock step with the business and evaluating outside options for commodity services will continue to grow.
Outsourcing options aid in driving change within the organization and the evaluation of which services are best suited inside and outside the organization.
While I am still relatively bullish on the 2012 tech market outlook for the US (see April 2, 2012, “US Tech Market Outlook For 2012 To 2013“), I have to say that the data we got on the US economy and on the US tech market was a bit softer than I expected. US real GDP growth came in at 2.2%, a bit lower than my expectation of 2.5%. On the positive side, consumer spending rose by 2,9% in real terms, and residential construction continued to improve. (Read Full Article…)