- The key vendors in the Global Small and Midsize Businesses IT-Spending Market are Cisco Systems Inc., Dell Inc., Hewlett-Packard Co. and IBM Corp.
London, 12 August 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Hodgkin’s Lymphoma Therapeutics Market 2014-2018. The report analyzes that the SMBs are expected to increase their adoption of big data during the forecast period. The use of big data can be highly applicable for SMBs in terms of making business decisions with better use of data and a competitive advantage.
SMBs have dynamic needs and fewer resources to meet them than large enterprises. The number of SMBs worldwide is set to grow fast in the years to come, and the SMB spending on IT components will skyrocket, driven by the need to reduce cost and increase efficiency to remain competitive and attain sustainability. SMBs have adopted new technologies to increase the speed of the internet through the use of high-speed fiber optic and wireless communication services such as broadband technologies and updated display systems. Therefore, the pressure to digitize the entire organization and achieve structural changes and strategic benefits has driven the growth of the Global SMB IT Spending market.
“Cloud computing allows SMBs to access technologies such as infrastructure, platforms, and software that need proper IT support. The rapid increase in the popularity of cloud services has led to the development of various platforms such as the private cloud, public cloud, and hybrid cloud,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
