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Quixy, a leading provider of No-code low-code application platforms, has announced that it has once again been recognized as a “Strong Performer” in the Gartner Peer Insights “Voice of the Customer” 2023 Report for Enterprise Low-code Application Platforms (LCAP). Quixy in Gartner Peer Insights VoC for the third time in a row is a testament of consistent commitment to delivering outstanding solutions. The Gartner Peer Insights “Voice of the Customer&...
Indian Technology company Quixy achieves a Hat Trick in Gartner Peer Insights VoC Report 2023
Global semiconductor revenue is projected to decline 11.2 per cent to reach $532 billion in 2023, and the short-term outlook for the semiconductor market has deteriorated further, a report showed on Wednesday. In 2022, the market totaled $599.6 billion, which was marginal growth of 0.2 per cent from 2021, according to the latest forecast from Gartner. The PC, tablet and smartphone semiconductor markets are stagnating. The combined markets will represent 31 per cent of semiconductor reve...
Global chip revenue to decline 11% this year, short-term outlook grim
The India IT spending is estimated to grow 0.5 per cent in 2023, totaling $110.3 billion which is up from $109.7 billion in 2022, a report showed on Wednesday. Globally, IT spending is projected to total $4.5 trillion in 2023, an increase of 2.4 per cent from 2022 -- down from the previous quarter's forecast of 5.1 per cent growth, according to the latest forecast by Gartner. While inflation continues to erode consumer purchasing power and drive device spending down, overall enterpr...
India IT spending to reach $110.3 bn in 2023 amid global slowdown
Gartner India IT spending is expected to increase 2.6 per cent in 2023 despite the rising tensions of global inflation and the weakening rupee, a report showed on Monday. According to the latest forecast by Gartner, Indian businesses will continue to increase their spending in key segments of information technology next year. "Inflation has not impacted enterprise spending on technology globally, and India is no exception to this trend," said Arup Roy, VP Analyst at Gartner. ...
Gartner India IT spending to grow 2.6% in 2023: Report
As India embarks on its e-rupee journey, central banks of other countries are not behind and have kicked off plans for their own digital currencies to help people invest in safer instruments and not fall for highly volatile cryptocurrencies like Bitcoin. Over 100 countries, including India, are exploring or piloting Central Bank Digital Currencies (CBDCs), a digital form of a country's sovereign currency. Among the G20 countries, 19 are exploring a CBDC, with 16 already in t...
Over 100 countries exploring their own digital sovereign currencies
The global end-user spending on public cloud services is forecast to grow 20.7 per cent to total $591.8 billion in 2023, up from $490.3 billion in 2022, a Gartner report said on Monday. This is higher than the 18.8 per cent growth forecast for 2022. Infrastructure-as-a-service (IaaS) is forecast to experience the highest end-user spending growth in 2023 at 29.8 per cent. "Current inflationary pressures and macroeconomic conditions are having a push and pull effect on cloud...
Public Cloud spending to end-users set to reach $600 bn in 2023
Worldwide IT spending is projected to total $4.6 trillion in 2023, an increase of 5.1 per cent from 2022, a new report said on Thursday. According to the latest forecast by Gartner, the demand for IT in 2023 is expected to be strong as enterprises push forward with digital business initiatives in response to economic turmoil. "Enterprise IT spending is recession-proof as CEOs and CFOs, rather than cutting IT budgets, are increasing spending on digital business initiatives," Jo...
Worldwide IT spending to grow 5.1% in 2023: Report
About 68 per cent (two-third) of the chief marketing officers (CMOs) aim to increase their technology spending on marketing this year, a new report said on Monday. In 2021, Gartner estimated that Martech (marketing tech) made up 26.2 per cent of the average marketing budget. This is clearly not enough as CXOs want to expand their Martech stack further. Resulticks, a global leader in Martech, which was named in the 2022 Gartner Magic Quadrant for Multichannel Marketing Hubs (MMH), has...
Two-thirds of CEOs aim to boost marketing technology spending
RevSure’s First-of-its-Kind Solution Uses AI and Intelligence to Help Companies Boost Their Sales Pipelines 10x Over India : RevSure, the AI-fueled Sales Pipeline Readiness company that provides unprecedented insight into sales pipeline health and how to prioritize marketing and sales investments, today announced it has raised a $3.5M in seed funding and launched out of stealth. Innovation Endeavors led the investment with key Angel investments from Katrin Ribant, Rick Scanlon,...
RevSure.AI Raises $3.5 Million led by Innovation Endeavors to Transform B2B Sales Pipeline Readiness Across Marketing and Sales Teams
Global robotic process automation (RPA) software revenue is likely to reach $2.9 billion in 2022, an increase of 19.5 per cent from last year, a report showed on Monday. Although growing at a slower pace than previous years, the worldwide RPA software market is projected to continue to experience double-digit growth in 2023, growing 17.5 per cent year over year, according to the latest forecast from Gartner. "By achieving a growth rate of 31 per cent in 2021, the RPA market grew we...
Global RPA software sales to reach $2.9 bn this year
Global semiconductor revenue is projected to slow down to 7.4 per cent this year, down from 2021 growth of 26.3 per cent, while chip sales from PCs are likely to decline 5.4 per cent, according to Gartner. PC shipments are set to decline by 13.1 per cent this year after recording growth in 2020 and 2021. Semiconductor revenue from smartphones is on pace to slow to 3.1 per cent growth, compared to 24.5 per cent growth in 2021. "Although chip shortages are abating, the global semi...
PC shipments, chip sales growth face record slump this year
The government on Wednesday received bids worth Rs 1.49 lakh crore on day two amid aggressive bidding by Reliance Jio and Bharti Airtel. Emphasising that "good competition" is seen in almost all bands on auction, IT Minister Ashwini Vaishnaw said that the telecom sector is brimming with new energy. Vaishnaw expressed happiness over the response received for the pricey 700 MHz band, which was left unsold in the last auctions. The spectrum bidding will continue on Thursday. ...
5G spectrum receives bids worth Rs 1.49 lakh cr on Day 2
The IT spending in India is likely to reach $114.9 billion in 2022, growing 7.7 per cent from last year, a Gartner reports said on Friday. Global economic uncertainty continues to be an area of concern for the Indian enterprises. Indian IT spend is expected to maintain robust 7.7 per cent growth in 2022 as compared to 2021 growth rate of 21.2 per cent. "Ongoing investment on hyper-scale data centers coupled with average selling price (ASP) increase is forecast to drive 13.6 per ...
IT spending in India to reach $112 bn in 2022 amid global uncertainties
Global semiconductor revenue is projected to total $676 billion in 2022, an increase of 13.6 per cent from 2021, a Gartner report said on Tuesday. Semiconductor revenue for smartphones is forecast to increase 15.2 per cent in 2022, as 5G smartphone unit production is expected to grow by 45.3 per cent in 2022, reaching 808 million units and representing 55 per cent of all smartphones produced. The semiconductor average selling price (ASP) hike from the chip shortage continues to be a key...
Global semiconductor sales to reach $676 bn this year: Gartner
With an increase of 5.1 per cent from 2021, the global IT spending is projected to reach $4.5 trillion this year, a new report has said. Despite the potential impact of the Omicron variant, economic recovery with high expectations for digital market prosperity will continue to boost technology investments, according to market research firm Gartner. "2022 is the year that the future returns for the CIO," John-David Lovelock, distinguished research vice president at Gartner, sai...
Global IT spending to reach $4.5 trillion in 2022: Gartner
What the world, and each one of us, experienced in the past two years, has taught us important life lessons. At the same time, it has demonstrated development and progress, which will have a long-term positive impact on society, industry and governance. As a result of the ongoing economic and humanitarian crises, we have all been witness to a major shift to digital as organisations showed resilience and realignment in their businesses. Now, as the country advances its agenda of building a ...
Cloud is India's best bet to aid faster innovation at scale in 2022
Twenty per cent of large organisations globally will use digital currencies for payments, stored value or collateral by 2024, according to a Gartner report. The prediction for wider adoption of digital currencies by 2024 is partly driven by the already healthy environment of service providers and off-the-shelf solutions available to large enterprises that have identified a specific use case for digital currencies. The forecast has important implications for Chief Financial Officers (CFO...
20% of large firms will use digital currencies by 2024: Gartner
IT spending in India is projected to total $93 billion in 2021, an increase of 7.3 per cent from 2020, according to a forecast by Gartner on Wednesday. The growth in India will be lower than the global average, as worldwide IT spending is projected to total $4.1 trillion in 2021, an increase of 8.4 per cent from 2020. "IT no longer just supports corporate operations as it traditionally has, but is fully participating in business value delivery," John-David Lovelock, Distinguis...
IT spending in India to reach $93B in 2021: Gartner
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