Brexit – selling UK IT assets by the pound

Source: ITCandor from OANDA historical data Part of my methodology each quarter is to look at currency movements of international currency against the $US. My Figure shows the movement of the average value of each local currency in Q2 2016 compared with their rates in Q2 2015. Those on the […] Read more »

Could Brexit increase the taxation of the ITC industry’s £35b profits?

The IT and Communications industry is highly profitable for successful companies, with the smallest and largest enjoying the greatest profitability. In the UK we spent £146B on its products which created profits before tax of around £35B in 2015: an extra 10% of that collected by UK government could help out the […] Read more »

2016 predictions 1 – The world ITC market declines by 1.2% to $5.8 trillion

In 2015 the market declined by 5.1%, so its unlikely to see a recovery in the year. My forecast is for a 1.2% decline, with the market reaching $5.8T. Performance by category will vary. In particular: Software will grow 4.2% to $916B: although it lags in revenues, it will continue […] Read more »

2016 prediction 2 – EMEA and the Americas outgrow Asia Pacific – at least in constant dollars

The slackness of the market will also be apparent in region spending growth. In particular: The Americas will outperform the others, growing by 0.5% to $2.3T; vendors will need to offer innovative products to persuade these sophisticate users to buy yet more technology EMEA will grow by 0.3% to $1.7T; […] Read more »

2016 prediction 3 – The USA grows faster than other American countries

The USA is by far the largest country market worldwide and within the Americas: in 2016 it will spend $1.7T – 28% of the world total. Growth will be 1.2% – better than other countries in the region. We need the US to grow in order to make up for […] Read more »

2016 prediction 4 – Turkey top, Russia bottom of EMEA growth (again!)

EMEA is a region full of country markets. Germany is the largest, followed by the UK. For the second year running I expect the strongest growth (3.8%) to be in Turkey and the steepest decline (-10.7%) to be in Russia. The lifting of sanctions on Iran will lead to growth […] Read more »

2016 prediction 5 – Chinese spending declines in the lacklustre Asia Pacific market

Japan and China will be the two largest IT and communications markets in Asia Pacific. For the first time in a number of years I’m not predicting that the region will outgrow the Americas and EMEA: in fact I expect we’ll see a decline in spending in most countries. Even […] Read more »

2016 prediction 6 – Raw storage and services drive Big Data growth

For an update to this data please click here. Over the last few years there’s been shift in spending away from storage arrays and towards raw storage. I expect this to continue in 2016. In total the market will grow by 2% to $115B, with the strongest growth in raw […] Read more »