How Covid-19 will impact IT and tech spending for 2020 and beyond

The human tragedy the COVID-19 pandemic has inflicted on the world is incalculable and continues to grow. Every human life is priceless and deserves the care needed to sustain it. COVID-19 is also impacting entire industries, causing them to randomly move in unpredictable ways, directly impacting IT and tech spending.

COVID-19’s impact on industries

Computer Economics in collaboration with their parent company Avasant published their Coronavirus Impact Index by Industry that looks at how COVID-19 is affecting 11 major industry sectors in four dimensions: personnel, operations, supply chain, and revenue. Please see the Coronavirus Impact Index by Industry by Tom Dunlap, Dave Wagner, and Frank Scavo of Computer Economics for additional information and analysis.  The resulting index is an overall rating of the impact of the pandemic on each industry and is shown below:

COVID-19's Impact On Tech Spending This Year

Computer Economics and Avasant predict major disruption to High Tech & Telecommunications based on the industry’s heavy reliance on Chinese supply chains, which were severely impacted by COVID-19.

Based on conversations with U.S.-based high tech manufacturers, I’ve learned that a few are struggling to make deliveries to leading department stores and discount chains due to parts shortages and allocations from their Chinese suppliers. North American electronics suppliers aren’t an option due to their prices being higher than their Chinese competitors. Leading department stores and discount chains openly encourage high tech device manufacturers to compete with each other on supplier availability and delivery date performance.

In contrast to the parts shortage and unpredictability of supply chains dragging down the industry, software is a growth catalyst. The study notes that Zoom, Slack, GoToMyPC, Zoho Remotely, Microsoft Office365, Atlassian, and others are already seeing increased demand as companies increase their remote-working capabilities.

COVID-19’s impact on IT spending  

Further supporting the Coronavirus Impact Index by Industry analysis, Andrew Bartels, VP & Principal Analyst at Forrester, published his latest forecast of tech growth today in the post, The Odds of a Tech Market Decline In 2020 Have Just Gone Up To 50%.

Mr. Bartels is referencing the market forecasts shown in the following forecast published last month, New Forrester Forecast Shows That Global Tech Market Growth Will Slip To 3% In 2020 And 2021 and shown below:

COVID-19's Impact On Tech Spending This Year

Key insights from Forrester’s latest IT spending forecast and predictions are shown below:

  • Forrester is revising its tech forecast downward, predicting the US and global tech market growth slowing to around 2% in 2020. Bartels mentions that this assumes the US and other major economies have declined in the first half of 2020 but manage to recover in the second half
  • If a full-fledged recession hits, there is a 50% probability that US and global tech markets will decline by 2% or more in 2020
  • In either a second-half 2020 recovery or recession, Forrester predicts computer and communications equipment spending will be weakest, with potential declines of 5% to 10%
  • Tech consulting and systems integration services spending will be flat in a temporary slowdown and could be down by up to 5% if firms cut back on new tech projects
  • Software spending growth will slow to the 2% to 4% range in the best case and will post no growth in the worst case of a recession
  • The only positive signs from the latest Forrester IT spending forecast is the continued growth in demand for cloud infrastructure services and potential increases in spending on specialised software. Forrester also predicts communications equipment, and telecom services for remote work and education as organisations encourage workers to work from home and schools move to online courses

Conclusion

Every industry is economically hurting already from the COVID-19 pandemic. Now is the time for enterprise software providers to go the extra mile for their customers across all industries and help them recover and grow again. Strengthening customers in their time of need by freely providing remote collaboration tools, secure endpoint solutions, cloud-based storage, and CRM systems is an investment in the community that every software company needs to make it through this pandemic too.

Photo by Micheile Henderson on Unsplash

https://www.cybersecuritycloudexpo.com/wp-content/uploads/2018/09/cyber-security-world-series-1.pngInterested in hearing industry leaders discuss subjects like this and sharing their experiences and use-cases? Attend the Cyber Security & Cloud Expo World Series with upcoming events in Silicon Valley, London and Amsterdam to learn more.

Source
Author: louiscolumbus

Continue Reading

Holmusk: Remote Haskell Developer

Logo.gif?ixlib=rails 2.1

Headquarters: Singapore

URL: https://holmusk.com

We are looking for a Haskell Developer who is excited about making an impact in Digital Healthcare. You will be part of a small remote team based in Europe and might be asked to travel every few months to meet the rest of the team. Though remote, the team will have a strong connection to the main office in Singapore.


Responsibilities
 

  • Work to design and implement backends with new features across multiple projects
  • Help inform and own strategic decisions in the development of the projects
  • Help the team navigate all the potential requirements (e.g.: delivery timeframes, restricted deploy environments, performance, etc.)

What we are looking for
 

  • Proficiency in Haskell
  • Proficiency in PostgreSQL
  • Demonstrated team-work abilities
  • Good written and spoken communication skills (main communication language is English)
  • Familiarity with the git version-control workflow

Good to have
 

  • Familiarity/willingness to learn to use AWS services like S3, Lambda
  • Familiarity working in the frontend

What’s in it for you
 

  • You will be working with other functional languages enthusiasts: we use Haskell for all our backend components (along with PostgreSQL as the backing database) and Elm for our web applications.
  • You will be able to see your work in the hands of patients and clinicians, making a real difference.
  • You will be challenged and encouraged to grow, alongside people motivated to do good work and build great products.

At Holmusk we take pride in our diverse workforce and inclusive culture. We believe it takes all kinds of people to build the best products and bring real change to the healthcare space. 

To apply: careers@holmusk.com

Source
Author:

Continue Reading

Creating a Pencil Effect in SVG

Scott Turner, who has an entire blog “Exploring procedural generation and display of fantasy maps”, gets into why vector graphics seems on these surface why it would be bad for the look of a pencil stroke:

Something like this pencil stroke would require many tens of thousands of different elements.  Basically each little blob of gray in that image would be separately defined. 

But, SVG filters to the rescue.

CodePen Embed Fallback

It’s all about <feTurbulence>.

Squigglevision!

Direct Link to Article — Permalink

The post Creating a Pencil Effect in SVG appeared first on CSS-Tricks.

Source
Author: Chris Coyier

Continue Reading

Aha!: senior security engineer with ruby on rails experience

Logo.gif?ixlib=rails 2.1

Headquarters: North America

URL: https://www.aha.io/

Are you a Security Engineer who is passionate about finding and fixing security vulnerabilities in a sophisticated SaaS platform? Do you want to work with cutting-edge visualization, collaboration, and social ideation technologies at the same time?

As a Senior Security Engineer at Aha!, you will have an excellent opportunity to join a self-funded and profitable company that is growing fast. Aha! was founded by a proven team of experts. More than 300,000 users worldwide trust our roadmap software to build products customers love.

We are looking for someone who:
  • Finds joy in breaking (and then fixing) software
  • Has experience with Ruby on Rails and Javascript based applications
  • Has experience with AWS
  • Has worked on compliance projects and security policy development
  • Has driven security initiatives or delivered security training
  • Wants to be great and work in a fast-moving, online environment where the end-user is key
We are committed to being great, and we want someone who:
  • Can work at a fast-paced company where the feedback cycle is measured in hours rather than weeks
  • Has a background of delivering superb work again and again
  • Is seeking a career-defining opportunity and a proven, results-oriented team that has sold multiple software companies
  • Is interested in collaborating with software engineers to grow their skills and career
We are building a distributed team, and you can work from anywhere in North America for this role. We offer generous salary, equity, benefits, and a profit-sharing program

To apply: https://careers.ideas.aha.io/ideas/new?preset%5Brole%5D=sr-security-engineer&preset%5Bteam%5D=engineering&preset%5bdiscovered%5D=job-listing&utm_campaign=Security_Engineer&utm_content=Security_Engineer&utm_source=we_work_remotely&utm_medium=paid_ps

Source
Author:

Continue Reading

How to use CSS Scroll Snap

Nada Rifki demonstrates the scroll-snap-type and scroll-snap-alignCSS properties. I like that the demo shows that the items in the scrolling container can be different sizes. It is the edges of those children that matter, not some fixed snapping distance.

I like Max Kohler’s coverage as well, which includes a demo where the snapping can happen in multiple directions.

This is one of those things where, if you didn’t know about it, it’s worth a solid golf clap for CSS.

Direct Link to Article — Permalink

The post How to use CSS Scroll Snap appeared first on CSS-Tricks.

Source
Author: Chris Coyier

Continue Reading
1 2 3 100