Articles about Forecast

Cloud desktop

Cloud hardware spend hits US$8.4bn/quarter, as traditional kit sinks

Abacus-shuffling outfit IDC has updated its Worldwide Quarterly Cloud IT Infrastructure Tracker with sales data for Q3 2016 and predictions for spend in 2017. In 2016's third quarter the firm says “vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and …
Simon Sharwood, 16 Jan 2017
Elon Musk

Weather stops SpaceX from blowing up more satellites

Sorry, Musketeers, you'll have to wait until at least January 14 to see how many satellites SpaceX can get into space. The company's Falcon 9 was due to return to space today, but the weather turned against Elon Musk. The launch will hoist seven Iridium satellites into orbit. SpaceX had gotten as far as completing a test …
Some of the Super Pressure Balloon. M. McCarthy, submitted to the ABC

2016 – the year 3D XPoint came down to earth from Planet Hype

Storage Review in 2016 Storage in 2016 saw its on-premises SAN/filer array heartland assaulted by the public cloud on the one hand, and hyper-converged and software-defined storage on the other. The now-classic dual-controller disk array went hybrid to keep storing primary data, but all-flash arrays are taking on that role and so the hybrids went …
Chris Mellor, 05 Jan 2017
Are you being served?

NAND, fab-ulous NAND, price rises make DRAM a cash cow

Happy days for Micron, it seems. Its first fiscal 2017 quarter results were lifted by high demand and price rises driven by supply constraints. The market wanted more DRAM and NAND bits than the firm's fabs could ship and DRAM prices went up. Revenues of $3.97bn were 18.5 per cent higher than a year ago and 23 per cent upon …
Chris Mellor, 22 Dec 2016

White House report cautiously optimistic about job-killing AI

In a followup to its smash hit, Preparing for the Future of Artificial Intelligence, the White House on Tuesday released Artificial Intelligence, Automation, and the Economy, a report that attempts to outline the economic consequences of expected advances in automation and machine learning without actually risking a prediction …
Thomas Claburn, 22 Dec 2016
bang_648

MSP Redcentric: Our financial errors are WORSE than we thought

The extent of the financial mismanagement at London-listed managed services outfit Redcentric were outlined today, and they are way worse than the company signalled when the mistakes were first found. The business admitted last month that it has it had made multi-year accounting errors that meant it overstated net assets by at …
Paul Kunert, 14 Dec 2016
Man winces in terror and shock after something unexpectedly horrible happens to him. Photo by Shutterstock

Capita: 2,250 jobs cut, more offshoring, more robots... Merry Xmas!

Troubled outsourcing giant Capita is reacting to a post-Brexit slowdown by confirming it will axe roughly 2,250 staff, which includes sending more jobs to India and using robots to automate certain parts of the operation. The company will also try to flog off parts of the sprawling empire, bits that are no longer deemed part …
Paul Kunert, 08 Dec 2016

IDC shock prediction: Someone might build Skynet in next few years

Those crazy tech shamans at IDC have been sniffing the data centre cooling system exhausts again, this time breathlessly informing us that in three years "30 per cent of commercial service robotic applications" will take the form of "robot as a service". We have no idea either. IDC's "Top 10 Predictions for Worldwide Robotics …
Gareth Corfield, 07 Dec 2016

US election pollsters weren't (very) wrong – statistically speaking

The media have spoken and they are unimpressed: the polls – this time the US presidential polls – got it woefully wrong, and therefore burn the witch! Or in the absence of witches, let's set fire to Nate Silver, who until around 2am (GMT) on November 9 was the doyen of US polling and go-to person for all US forecasts. At which …
Jane Fae , 05 Dec 2016
Heartbeat graph

PC sales outlook improves: Now terrifying instead of catastrophic

There's no sunrise in sight yet, only a slightly paler night: IDC reckons a lame uptick in convertibles and slim laptops will slow the PC market's collapse. Convertible and slim, sorry, “ultra slim” laptops will make up 63 per cent of notebook shipments by 2020, IDC reckons (by that time, Vulture South wonders, how many new …

Behold, your next billion dollar market: The humble Ethernet cable

Global spending on Ethernet cables will soon cross the $1bn threshold, say analysts. A forecast report from Allied Market Research projects that by 2022, businesses will be shelling out more than a billion dollars annually on copper and fiber cables to transmit data and power. The figures include the spend on fiber and copper …
Shaun Nichols, 29 Nov 2016
NBN CEO Bill Morrow

Australian government lends nbn™ AU$19.5bn to finish the job

nbn™, the entity building and operating Australia's National Broadband Network, has secured a AU$19.5bn loan from Australia's government and will use it to complete project. “nbn™has been advised the government will loan the remaining $19.5 billion required for the total $49 billion base case peak funding forecast,” said CEO …
Simon Sharwood, 18 Nov 2016
parcels_shutterstock_648

NVMe SSD? Not yet, says Pure, but promises to deliver it

Pure's NVMe-Ready Guarantee promises every newly purchased FlashArray//M can be upgraded to full NVMe through their Evergreen Storage program. NVM Express (NVMe) is a standard memory-class protocol for CPU-to-media communication, and came into being generally as a standard driver for PCIe-connected flash cards. The protocol …
Chris Mellor, 17 Nov 2016
Drought

Low-end notebook, rocking horse shit or hen's teeth

A low-end notebook drought is likely coming to a town near you, multiple analysts and tech distributors have told The Reg. NAND flash is one component that has been in short supply in recent months, and glass panel manufacturers are shifting priority to higher margin areas including TVs, sources told us. Tim Coulling, senior …
Paul Kunert, 15 Nov 2016
The PS1 telescope

NASA's asteroid orbit calculator spots a hot rock zipping past

NASA's pleased with its still-under-development asteroid-hunting program after it spotted a 25-metre rock that buzzed Earth at about 1.3 times the distance to the moon on the weekend. Observatories like the ten-year-old PAN-STARRS at Maui in Hawaii scan the skies looking for uncatalogued little dots that might or might not be …

Quantum heaves sigh of relief as red ink washes away

Made it! Quantum is back in profit after five loss-making quarters. It made $3.8m profit on revenues of $134.7m in its second fiscal 2017 quarter; they were $117m a year ago, with a net loss of $11.2m, and $116.3m in the previous quarter, which saw a $3.8m loss. Finally all that hard work in building up StorNext revenues …
Chris Mellor, 27 Oct 2016
iPhone 7 Plus

Squeaky bum time for Apple: It hasn’t made enough iPhone 7 Pluses

Analysis Santa may have an empty sack this Christmas, crushing the dreams of fanbois (and fanfilles). Apple admitted yesterday it was unable to meet the demand for its iPhone 7. Six weeks after the launch, Apple’s own online store is still showing long delays for several configurations of the iPhone 7. These will continue into December …
Andrew Orlowski, 26 Oct 2016
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Juniper revenue up, but profit slips for Q3

Juniper's turned in a Q3 2016 quarter revenue of US$1.285 billion, up 3 per cent on the same period last year, but with GAAP profits down by 13 per cent to $172.4 million. CEO Rami Rahim picked out some bright spots in the numbers, saying that the cloud business has become the company's primary driver. Routing rose 3 per cent …
Comically sad tearful man doing fake-looking wail of despair. Photo by Shutterstock

Capita's head of tech solutions resigns

The head of Capita’s technology solutions division Simon Furber is the most recent capo to leave the biz. His departure comes as the outsourcing Goliath issued its first ever profit warning in which it blamed a drop-off in the reseller businesses in the IT Enterprise Services subsidiary for a £30m shortfall in sales. A Capita …
Kat Hall, 25 Oct 2016

Wow, everyone loves our drives, says Seagate sitting on a pile o' cash

Seagate's latest quarterly revenues benefited from an upsurge in disk drive demand – but still declined slightly year-on-year. The biz managed to bank a five-fold increase in profits, though. Revenues for Seagate's first fiscal 2017 quarter, ending September 30, were $2.8bn, a 4.3 per cent decline from the year-ago's $2.92bn. …
Chris Mellor, 19 Oct 2016

Brexit killed any hopes of growth in global technology spending

IT vendors across the world can blame Nigel, Boris and other pro-Brexiteers for a reduction in the amount of money that will be splashed on tech in 2016, at least that’s where mages at Gartner have laid the blame. Customers are expected to cough $3.387 trillion on IT this calendar year, which if correct - and it's a big if - …
Paul Kunert, 19 Oct 2016
Child in shock in front of computer. Photo by Shutterstock

Marmite's not the only national treasure hit by Brexit. Will someone think of the PCs?

Marmite-aggeddon? Blame Brexit. The implosion of the UK’s Labour Party? Blame Brexit (more so leader Jeremy Corbyn). Now it seems analysts want to put the sickly British PC market onto the list of things gone awry. The crystal ball-strokers at Gartner have forecast weak demand for traditional client devices for 2016 - …
Paul Kunert, 14 Oct 2016
Antares rocket blows up

Galaxy Note 7 flameout: 2 in 5 Samsung fans say they'll never buy from the Korean giant again

Samsung's Galaxy Note 7 fiasco continues to erode the South Korean goliath's customer base. Two days ago, the electronics giant said it would stop selling the Note 7 after a series of fires arising from faulty batteries. It also advised Note 7 customers to stop using the device. Now, a survey conducted by ecommerce company …
Thomas Claburn, 13 Oct 2016

3D printers might sell. Really

Gartner has forecast that worldwide shipments of 3D printers will more than double in 2016. 455,772 units are expected to ship this year, a whopping 108 per cent of the 219,168 units shipped in 2015. despite slowing growth rates, more than 6,700,000 are expected to be shipped in 2020. "Once a niche market, 3D printing has …
Sheaf of £50 notes poised on the rim of a toilet bowl as toilet is flushed. Collage of two photos sourced from Shutterstock

Market pulls chain on Crapita share price after first ever profit warning

Capita’s share price went into freefall this morning after its first ever profit warning, with troubles at the tech reselling and recruitment services units blamed, as well as costly delays to its Transport for London contract. Turnover grew four per cent in the first half of the year, but Capita confirmed “subsequently, our …
Paul Kunert, 29 Sep 2016
Array in a rack. Image via Shutterstock

Wikibon sticking to server SAN takeover idea

The August 2016 Wikibon report "Server SAN Readies for Enterprise and Cloud Domination" repeats the message of its Server SAN Research Project 2014 report, saying that "storage is moving inexorably from traditional storage arrays to Server SAN in a server rack." The report summary says the world-wide Server SAN market added $1 …
Chris Mellor, 05 Sep 2016

Cooky crumbles: Apple mulls yanking profits out of Europe and into US

Apple CEO Tim Cook may pull billions of dollars in profit out of Europe and bring them home to the US, less than a month after he vowed he wouldn't. In the aftermath of the massive €13 billion ($14.5 billion) back tax claim that the European Commission landed on the electronics giant and the Irish tax authorities, Cook has …
Kieren McCarthy, 01 Sep 2016

Tech Data swings and misses Wall Street moneymen's target

Tech Data's latest quarterly financials show a distributor wrestling with “weaker than expected” IT spending and trying to dip into “pockets of demand” across Europe and the Americas. The world’s second largest tech wholesaler filed turnover of $6.4bn for Q2 of fiscal year 2017 ended 31 July. This was down three per cent as …
Paul Kunert, 25 Aug 2016
scanners

My headset is reading my mind and talking behind my back

Something for the Weekend, Sir? It only takes a minute to capture a 3D model of my orifices. They tell me it’s the only way I can be sure of a tight fit. Perhaps I could order a hologram of my 3D orifices that I can hang on my living room wall. It would make a nice conversation piece for visitors to admire. "Isn’t it creepy how my orifices seem to follow …
Alistair Dabbs, 19 Aug 2016
Asus S1

Mobile malaise drags down Asus Q2 numbers

Asus has reported a double digit slide in net income for the fourth quarter, highlighting that even overtaking Apple in the computer sales stakes is no golden ticket to world domination. The netbooks and bikinis innovator turned in Q2 net revenues of $NT93.9bn (£2.3bn), a 5 per cent slip on the same period last year, results …
Joe Fay, 12 Aug 2016
Nuclear War

Revealed: How a weather forecast in 1967 stopped nuclear war

For the first time, retired US Air Force officers have published [PDF] an account of an incident on May 23, 1967 when a solar storm nearly fooled American high command into thinking that a Soviet nuclear attack was on the way. On that day, the US military nuclear command went into panic mode when signals from all three of the …
Iain Thomson, 10 Aug 2016
flames_648

Cray profits literally go up in smoke after electrical incident

Cray has revealed that its products' Q2 profits have literally gone up in smoke. The company this week announced second quarter revenue of US$100.2m, down from $186.2m in 2015's corresponding quarter. That dip meant the company incurred a loss of $13.1m compared to last year's $5.8m profit. Things aren't going to be much …
Simon Sharwood, 04 Aug 2016
Newsroom

Semiconductor $s to fall

Worldwide semiconductor spending is forecast to shrink by 0.7 per cent to $64.3bn, according to the data druids at Gartner. Economic instability, inventory excess, and crappy demand for PCs, tablets and mobile phones over the past three years have taken a toll on growth prospects. ® Newsroom
Paul Kunert, 21 Jul 2016
graph_decline_648

Netflix and not chill

Netflix stock is in freefall after the streaming company fell well short of its own quarterly projections. The video service says that it added just 1.7 million new members in the second quarter of 2016 [PDF], down from 3.3 million additions in last year's quarter and far worse than its earlier projection of 2.5 million. …
Shaun Nichols, 19 Jul 2016

IaaS revenue to triple by 2020, to $43.6bn

Infrastructure as a service sold by public clouds will become a US$43.6 billion market by 2020, according to abacus-rattling firm IDC's new Worldwide Public Cloud Infrastructure as a Service Forecast, 2016-2020. In 2016 the firm expects infrastructure as a service (IaaS) hauled $12.6 billion through the door in 2015, meaning …
Simon Sharwood, 15 Jul 2016
Piggy bank, image via Shutterstock

Clouds will gather again after wispy Q1, says IDC

The cloud infrastructure market dipped in the first quarter of 2016, but analyst outfit IDC reckons the full-year result will be much brighter, with the segment slated to pass US$37 billion for the full year. IDC Cloud Infrastructure Forecast IDC's cloud infrastructure forecast for 2016 According to the Prognosticator's …

Gartner: Brexit cluster-fsck has ballsed up our spending forecast

Tech spending forecasters at Gartner are all in a tizzy – Brexit and currency fluctuations are both to blame. At the start of this year, the crystal ball stroker estimated the industry would grow 0.5 per cent in 2016, then flip flopped and reduced this prediction by a full percentage point to $3.49 trillion, blaming the …
Paul Kunert, 07 Jul 2016

EMC will hawk Dell's Nutanix-powered XC kit

Exclusive VCE president Chad Sakac has confirmed EMC will pick up Dell's Nutanix-powered XC hyper-converged system, even though EMC's own VxRail hyper-converged system sales are "on fire." VCE is EMC's Converged Platform Division, and – lest we forget – EMC is going to be gobbled up by Dell, which flogs Nutanix-powered XC gear. If that …
Chris Mellor, 07 Jul 2016
A man in panic

Got the Brexit fear? Keep calm and keep using AWS – Amazon UK boss

AWS Summit 2016 Amazon has urged customers to keep investing in cloud in the wake of British voters’ decision to leave the European Union. Gavin Jackson, AWS UK, Ireland and Europe managing director, said today that the best approach is to "keep calm and carry on". He was opening the AWS London Summit and tackled Brexit head on in front of 5, …
Gavin Clarke, 07 Jul 2016
Daisywheel with Courier font

WD expects good quarter

Western Digital Corp (WDC) expects revenues of $3.46bn in the just-closed quarter, instead of the forecast $3.35bn - $3.45bn range – $3.4bn at the mid-point. This is its fourth fiscal 2016 quarter and the first with SanDisk results included. CFO Olivier Leonetti is leaving on September 1, with chief strategy officer and EVP …
Chris Mellor, 07 Jul 2016
Brexit financial crash

Dell confirms price rise post Brexit vote as UK pound stumbles

Dell has blamed a Brexit-induced sterling meltdown for a double-digit price hike across its portfolio in the UK. As we revealed last week, the British pound has weakened to a 31-year low against the US dollar, making price rises inevitable. Today’s rate is 12.4 per cent lower than before the EU referendum. Channel partners …
Paul Kunert, 05 Jul 2016
Brexit financial crash

Post Brexit tech spending to rise like a lead balloon

Yet another analyst has delivering a damning forecast for tech spending following last week’s UK referendum decision to leave the European Union as major suppliers prepare staff for what could months of slowing sales. Channel-watcher Canalys projected local sales spending of $90bn to $100bn for the year before Brits voted to …
Paul Kunert, 28 Jun 2016
shutterstock_293232899-British_airways

BA 'offers' IT bods extra leave, flexible working - unpaid of course

British Airways bosses were this week told to ask staff to "volunteer" to take unpaid leave, as the sorry cost cutting saga enveloping British Airways rumbled on. This includes all BA employees, not just the fleet of techies working at the company, and is in addition to redundancies already confirmed in the last month. “As we …
Paul Kunert, 27 Jun 2016
Child in shock in front of computer. Photo by Shutterstock

Tech firms reel from Leave's Brexit win

BREXIT Tech firms are reeling at British voters’ decision to leave the single European market. Firms are rattled as Gartner has forecast that Britain’s tech buyers will now stop spending in 2016 and 2017, turning earlier growth numbers negative. Also of concern, hiring of EU workers, uncertainty over VAT levels and possible new …
Gavin Clarke, 24 Jun 2016

Gartner: Brexit to wipe $4.6bn off tech spending in Blighty

BREXIT Crystal ball strokers at Gartner have calculated Brexit will wipe $4.6bn off the value of tech spending in the UK this year, and the resulting Sterling currency volatility will force US vendors to hike prices. Gartner hit the emergency button this morning following the vote, and re-forecast earlier projections from 1.7 per …
Gavin Clarke, 24 Jun 2016

Clouds rain revenue on Adobe's business

Adobe's reported continued growth in its cloud subscriptions, but not enough to satisfy investors. Its Q2 2016 revenue rose 20.4 per cent year-on-year to US$1.4 billion on the back of Creative Cloud subscriptions: the digital media business piled on 26 per cent year-on-year to hit $943 million, with Creative Cloud chipping in …
Nigel Farage, leader of UKIP. Pic: Jennifer Jane Mills

All this Brexit talk derailed UK tech spending, right? That's a big fat NOPE

The monotonous EU referendum is having no detrimental affect on tech spending as reported by the UK’s largest distributors, official statistics seem to confirm. Despite the FUD emanating from both camps for months, and the noise getting even louder as Brits prepare to visit the voting booths, it seems all the fire-stoking has …
Paul Kunert, 21 Jun 2016
Slippery slope sign

PC market sinking even faster than first thought, thanks to Windows 10

The abacus-shufflers of analyst firm IDC have revised their 2016 PC sales forecasts downwards. The firm now says PC shipments “... are forecast to decline by 7.3% year over year”. That's “roughly two per cent below earlier projections as conditions have been weaker than expected.” The firm names “weak currencies, depressed …
Simon Sharwood, 10 Jun 2016
shutterstock_184661174

Smartphone sales falling

Analyst house IDC has almost halved its forecast for worldwide sales of smartphones, and predicts that sales in Canada and Japan will actually fall this year. IDC had predicted 2016 would see smartphone sales rise by 5.7 per cent worldwide, but has now cut it to 3.1 per cent. Sales of Android devices are forecast to rise by 6. …
Iain Thomson, 03 Jun 2016

Q. What do you call a sales-growing letdown? A. Pure Storage

All-flash shipper Pure Storage delivered higher-than-expected revenue for its first fiscal 2017 quarter, but also had the first quarter-on-quarter revenue decline in its history since the IPO. Analysts thought it could have done better. Is this seasonality emerging for the first time or was there some other reason its turbo- …
Chris Mellor, 26 May 2016