As the industry gets ready to gear up for 2020 things have been a little disquieting in networking land.
That’s because some key players – Arista and Juniper in particular – have been reporting business slowdowns as new deals have been smaller than expected and cloud providers haven’t been as free-spending as in the past.
Worldwide IT spending has been on the slow side, Gartner said in October that worldwide IT spending is projected to total $3.7 trillion in 2019, an increase of 0.4% from 2018, the lowest growth forecast so far in 2019. The good news: global IT spending is expected to rebound in 2020 with forecast growth of 3.7%, primarily due to enterprise software spending, Gartner stated.
Thanks to Michael Cooney (see source)