Report: Systems, Storage And Networking Lead IT Rebound
Here’s an upbeat economic report on IT spending: System, storage and networking solutions are leading the IT spending rebound, according to new research from the Global Technology Distribution Council. Here are some data points that show continued IT progress.
First, a little background. GTDC members include IT distributors that generate more than $100 billion in annual sales. GTDC member sales are tracked by independent databases such as NPD Group Distributor Track in the U.S. and Context SalesWatch in Europe.
Based on those databases, April IT sales in the U.S. grew more than 27 percent vs. 2009, and were also higher than sales in 2008 and 2007. And in Europe, year-over-year IT spending is starting to show signs of growth, the GTDC says.
According to a GTDC press release:
“The NPD database shows desktop and notebook categories up more than 25% in the U.S. from lows reached in the first quarter of 2009. Storage and networking sectors, which each total more than $4 billion in annual U.S. sales, were up 23% and 28%, respectively.
For Europe, info from the Context Database showed that computer sales jumped 48% and storage sales increased by 33% from Q2 2009 (Europe’s recession) to Q4 of 2009.”
The GTDC research arrives only a few weeks after multiple distributor CEOs expressed optimism about the economic rebound. In this FastChat video, recorded April 22, Ingram Micro CEO Gregory Spierkel essentially stated that the economy rebound was real:
A few days later at a GTDC gathering in New York, Spierkel and many of his rivals expressed additional economic optimism amid growing relationships with Cisco.