I believe that 2004 will be a better year all around than 2003, he told analysts yesterday morning. I believe you will see better economic growth globally, with all signs leading to an increase in capital spending.
Tucci forecast growth in overall storage spending of about 6 percent, with overall IT spending up from 3 percent to 4 percent.
This is all in stark contrast to the gloom and doom from a year ago, when flat was about as fat as anybody expected to get.
Perhaps from force of habit, there are some words of caution still heard. The real spending spree isnt expected to come until the second half of the year, and a lot can happen in six months.
Indeed, there are encouraging signs from some customers, but we are still seeing many companies looking for ways to work through constrained budgets, StorageTek CFO Bobby Kocol told analysts yesterday. Activity levels seem to be increasing, but I judge rebounding economy by the number of actual invoices we can cut.
To realize the benefits of cloud-native software, an application must actually be cloud-native—designed to run in the cloud, interacting with disaggregated cloud services, fully manageable as code—to deliver the expected benefits.
By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
