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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023. This sector is expected to see an annual growth rate exceeding 20 percent from 2023 to 2026. “We These actions resulted in a reduction in overall headcount.

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Global managed services to grow in 2024 as enterprise IT spending rises

CIO Business Intelligence

According to IDC, more than 1800 managed services deals were signed in 2023 worth $100 billion in total contract value or TCV. Although the total number of deals declined in 2023 compared to the previous year, the average deal size remained constant, the report said. billion, IDC said.

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Managed services projections increase through 2023

CIO Business Intelligence

Despite national news about increased costs, economic uncertainty, and more reports of technology firm layoffs, respondents indicated that they were planning to spend more IT budget in 2023, not less. As a percentage of total IT spending, managed services increased from 16% to 18% in that two-year projection period. IT Leadership

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Top 9 challenges IT leaders will face in 2023

CIO Business Intelligence

Economic uncertainty Organizations are concerned about multiple economic forces that are all causing uncertainty, says Srinivas Mukkamala, chief product officer at Ivanti. How do you future-proof your business in the face of so much uncertainty? How do we grow our business responsibly?” How do we get the talent we need?

IT 145
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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Although there are efforts to boost industries such as semiconductors, there is much uncertainty about when the impact may be seen.

IT 98
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Top 8 challenges IT leaders will face in 2024

CIO Business Intelligence

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.

IT 133
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Huawei’s Vision for Intelligent Networking Unveiled at GITEX Global 2023

CIO Business Intelligence

GITEX Global 2023 witnessed Huawei’s impactful presence, as the tech giant delved into the future of intelligent networking. At GITEX Global 2023, Huawei also explored opportunities in the IP business, focusing on collaboration and growth. Gbps, ensuring a seamless wireless experience.

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