city New Delhi virus outbreak 2020 city New Delhi

Lockdown: Global IT spend to shrink 8% in 2020, says Gartner

Reading now: 276
www.livemint.com

NEW DELHI: A boom in demand for specific digital services during the pandemic-induced lockdown notwithstanding, global IT spending is likely to shrink 8% in 2020 at an estimated $3.4 trillion, Gartner Inc has forecast.

The economic downturn brought on by the virus outbreak and the lockdown of factories and cities to contain it has made CIOs across the world defer spending on digital transformation initiatives while prioritising spending on critical technologies. “CIOs have moved into emergency cost optimisation which means that investments will be minimised and prioritised on operations that keep the business running, which will be the top priority for most organisations through 2020," John-David Lovelock, distinguished research vice

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Gotabaya Rajapaksa - The economy is recovering, says President during meeting with professionals - newsfirst.lk
newsfirst.lk
50%
501
The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
Mark Adams - Kamila Valieva - Olympic officials suggest Russian skater’s entourage should be probed for failed drug test - globalnews.ca - city Beijing - Russia - Sweden - city Stockholm, Sweden
globalnews.ca
62%
366
Olympic officials suggest Russian skater’s entourage should be probed for failed drug test
Olympic officials on Saturday said they would welcome an anti-doping investigation into the Russian doctors, coaches and family members in the entourage of gold medal winning teenage skater Kamila Valieva.Valieva’s future at the Beijing Olympics hangs in the balance after the stunning revelation she had tested positive for a banned substance before winning the team event on Monday, but that the positive drug test report took more than six weeks to be made public.Fans of figure skating, athletes and anti-doping advocates have expressed outrage over a teenager being dragged into the center of an Olympic doping controversy with a positive test for an angina drug. Many have questioned the role of the adults around the 15-year-old skater.On Saturday, International Olympics Committee spokesman Mark Adams said: “Entourage has been overlooked in the past.” Beijing Olympics: Russian skater’s failed drug test confirmed, setting up fight with IOC The delay in Valieva receiving her positive drug test result also loomed large on Saturday as Olympic and anti-doping officials sought to reinstate her ban.Valieva was suspended by the Russian anti-doping body after the positive test report, but the suspension was lifted a day later after she appealed, allowing her to continue to compete.
DMCA