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Checking In on the State of the IT Economy Half Way Through 2023

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This article is published by gestaltit.com

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Now that half of 2023 is behind us, let’s take a closer look a the state of the global economy, with a special focus on the enterprise IT industry. As we’ve discussed, many different factors are impacting the current slowdown in sales of enterprise and cloud tech: Over-buying and hiring coming out of the pandemic, repercussions from the supply chain shortages, the war in Ukraine, tensions between the US, Europe, and China, a global cybercrime wave, and shifting demand from datacenter to cloud. Let’s take a look at some of these changes and consider the state of the industry in mid 2023. This and more on this week’s Gestalt IT Rundown.