FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


GE: Investments in Cloud, Software and ‘Big Data’ Among Best Potential

March 11, 2013, 07:15 AM
Filed Under: Technology

According to the March 2013 GE Capital Technology & Business Services Industry Research Update, the early outlook for 2013 remains conservative among most technology original equipment manufacturers (OEMs) which are calling for “positive yet tepid growth”. 

According to GE Capital, despite economic headwinds presenting problems for discretionary IT spending, Big Data analytics, CRM, security, cloud and mobility remain areas with the best potential for above average investment in the near-to-medium term.

Growth in software spending remains better than elsewhere in the IT sector, driven by positive macro trends coupled with investment in new computing models such as cloud, according to the report.

The report also indicates that slowing trends in the global demand for PCs, laptops and on-site servers reflect the end of a previously robust refresh cycle as well as new platforms favoring tablets, smartphones and the cloud.

Read the full March 2013 GE Capital Technology & Business Services Industry Research Update.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.