TECH SUPPLIER Apr 2020 - IDC Survey - Doc # US46208920
Impact of COVID-19 on IT Infrastructure Spending: Spotlight on Servers, External Storage, and Cloud Computing
By: Eric SheppardResearch Vice President, Infrastructure Systems, Platforms and Technologies Group, Deepak MohanResearch Director, Cloud Infrastructure Services, Natalya YezhkovaResearch Vice President, Infrastructure Systems, Platforms and Technologies Group, Ashish NadkarniGroup Vice President, Infrastructure Systems, Platforms and Technologies Group
This IDC Survey examines the impact of economic uncertainty caused by the COVID-19 pandemic on IT infrastructure spending, specifically servers and storage. By examining dozens of organizations around the world, we can conclude the following:
- The COVID-19 pandemic will have an immediate impact on 2Q20 spending worldwide. Regional sentiment varies, but on the whole, IT and LOB leaders are bearish on second quarter.
- Depending on how quickly economies restart and return to normalcy, IT spending may return to precrisis levels worldwide. Again, regional sentiment varies, but on the whole, IT and LOB leaders are cautiously optimistic.
- As and when capital preservation strategies are relaxed a bit, it is likely that enterprises may demand creative opex-friendly IT infrastructure spending models like flexible consumption, pay as you go, and subscription pricing. They may also choose to invest more in converged and hyperconverged infrastructure. Many others may accelerate their journey to the public cloud.
Content Infrastructure , Core and Edge Computing Platforms , Infrastructure as a Service Overview , Infrastructure for Workloads: Trends and Strategies , Multicloud Data Management and Protection , Storage and Computing Infrastructure Software Platforms , Storage Systems