IDC’s 3rd Platform Industry Spending Guides Provide In-Depth Forecasts for Technology Investments in Nine Industries

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To bring more insight to technology spending across and within industries, International Data Corporation (IDC) recently published a series of Industry Spending Guides that provide in-depth forecasts for spending on 3rd Platform technologies (mobility, cloud, big data and analytics (BDA), social) and Innovation Accelerators (artificial intelligence (AI), augmented reality/virtual reality (AR/VR), 3D printing, Internet of Things (IoT), security, and robotics) as well as traditional, 2nd Platform technologies. The guides cover nine industries – banking, government, healthcare, insurance, manufacturing, oil and gas, retail, securities and investment services, and utilities – and provide detailed spending figures for nine geographic regions, 64 sub-industries and lines of business, and two delivery types (cloud and non-cloud).

“While IT spending is contracting in some areas, 3rd Platform spending will see healthy double-digit growth throughout the post-COVID recovery period and the investment priorities are somewhat varied across industries,” said Karen Massey, research manager, Customer Insights & Analysis. “The financial services industries, which include banking, securities and investment services, and insurance, rely more heavily on cloud, mobility and BDA, for example. But IoT is the primary investment focus in the other six industries, especially manufacturing, oil and gas, and utilities. However, mobility is a close second to IoT as an investment priority in government and healthcare.”

Within the banking industry, consumer banking is the largest line of business for technology spending with 2nd Platform technologies accounting for just over half the total in 2020. However, the shift from 2nd to 3rd Platform spending is evident with 3rd Platform and Innovation Accelerator spending enjoying compound annual growth rates (CAGR) of 10.4% and 17.7% respectively. Cloud and mobility spending will grow to nearly $53 billion combined in 2023 while cognitive AI spending will see a five-year CAGR of 21.6%. By the end of the forecast, 2nd Platform spending will be

Canon, Sony, Nikon, Arlo & Ring Camera Sales Tracked by Spending Lab

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Amazon Prime Day camera deals for 2020, featuring Nikon, Canon & Sony DSLR cameras, Logitech webcams, and Ring, Blink & Arlo security camera offers

Amazon Prime Day security camera, webcam and DSLR camera deals are underway. Compare the top savings on webcams from Logitech, DSLR and mirrorless cameras from Canon, Sony and Nikon, and security cams from Arlo, Blink and Ring. Check out the best deals using the links below.

Best DSLR & mirrorless camera deals:

Best security camera deals:

Best webcam deals:

Interested in more top-rated camera deals? Click here to enjoy the entire selection of live deals on Amazon’s Prime Day page.

Prime Day discounts only last for a limited amount of time. Spending Lab earns commissions from purchases made using the links provided.

One of the biggest online shopping events of the year, Amazon’s Prime Day sale offers steep discounts on a wide range of products including big-ticket items, apparel, groceries, and more.

Not yet a member of Amazon Prime? Start your 30-day free trial and make the most of all the best Prime Day deals.

There’s always a broad range of deals on highly rated digital cameras of all kinds for Prime Day shoppers. Whether it’s a webcam, DSLR or security camera that you are looking for, you won’t have trouble finding one on Amazon. For DSLR cameras, the top brands–Sony, Canon and Nikon–all offer various models and sets to suit anyone’s needs. The Nikon D3500 is a great entry-level DSLR camera that’s easy to use, compact and lightweight–perfect for travel and special events.

Security cameras are also abundant on Amazon. Brands like Blink, Conico and HeimVision are just some of the top-sellers that you will find on the site. They have various models for different budgets and for outdoor or indoor use.

French Consumers Encouraged to Stop Spending on New Smartphones

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(Bloomberg) — France is preparing incentives for consumers to shift spending habits to used electronics, in an attempt to lower the impact on the environment and provide a boost to local ecommerce startups.



a person holding a bag and walking on a sidewalk: A pedestrian uses a smartphone while wearing a protective face mask outside the LVMH Moet Hennessy Louis Vuitton SE luxury goods store in Place Vendome, in Paris, France, on Tuesday, March 10, 2020. The euro-area economy may be headed for its first recession in seven years as the coronavirus outbreak takes an increasing toll on businesses and consumer confidence.


© Bloomberg
A pedestrian uses a smartphone while wearing a protective face mask outside the LVMH Moet Hennessy Louis Vuitton SE luxury goods store in Place Vendome, in Paris, France, on Tuesday, March 10, 2020. The euro-area economy may be headed for its first recession in seven years as the coronavirus outbreak takes an increasing toll on businesses and consumer confidence.

The government said it will deploy a scoring system on devices’ re-usability from January, and will set aside 21 million euros ($25 million) from its stimulus plan to fund re-usability startups and projects.

Environment minister Barbara Pompili and her colleague for Digital Affairs, Cedric O, told Bloomberg that the government is in talks to boost second-hand purchasing, but didn’t detail the plans which are still being finalized. O said a new form of tax on goods was unlikely because companies would shift the cost on consumers.



a person standing in front of a table: A customer tries a Redmi Note 5 display model smartphone inside a Xiaomi Corp. store in Paris, France, on Friday, May 25, 2018. Chinese smartphone maker Xiaomi opened it's first store in Paris and plans for more shops in France, Spain and Italy, testing the appetite of consumers in developed markets as its executives consider a U.S. expansion.


© Bloomberg
A customer tries a Redmi Note 5 display model smartphone inside a Xiaomi Corp. store in Paris, France, on Friday, May 25, 2018. Chinese smartphone maker Xiaomi opened it’s first store in Paris and plans for more shops in France, Spain and Italy, testing the appetite of consumers in developed markets as its executives consider a U.S. expansion.

Read More: Porsche, Ferrari Cars Face $59,000 Gas Guzzlers Tax in France

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“We want to incite people who want to buy a handset to think first about refurbished ones,” Pompili said.

Selling refurbished handsets has been a long-standing business. Both Apple Inc. and Samsung offer second-hand phones on their websites, and the global market for used smartphones is

Data center spending to grow 6% in 2021 as enterprises rebound from cash flow restrictions

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Data center infrastructure spending is expected to grow 6% globally next year as businesses rebound from cash flow restrictions brought on by the coronavirus pandemic, according to Gartner. 

The research firm released its latest data center infrastructure forecast Wednesday, projecting that end-user spending on global data center infrastructure products will reach $200 billion in 2021. 

Spending has declined more than 10% so far in 2020, as lockdowns from COVID-19 prevented around 60% of new facilities construction. Nonetheless, Gartner is optimistic about growth over the next few years. The firm still expects the data center market to grow year-over-year through 2024.

“The priority for most companies in 2020 is keeping the lights on, so data center growth is generally being pushed back until the market enters the recovery period,” said Naveen Mishra , senior research director at Gartner. “Gartner expects larger enterprise data centers sites to hit pause temporarily and then resume expansion plans later this year or early next. However, hyperscalers will continue with their global expansion plans due to continued investments in public cloud.”

Data center guides: 

Data center spending has been spotty in 2020, with enterprises pulling back on infrastructure products and relying increasingly on public cloud providers. Gartner has been predicting a decrease in spending across all IT segments over the course of this year, with device purchases and data center systems suffering the steepest decline. 

Yet despite this enterprise spending uncertainty in data centers, technology vendors will increasingly be selling their wares to hyperscale cloud providers.

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Tips on How to Stay Current With the Latest Technology Without Spending a Lot of Money

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It is getting harder and harder to keep up with the advances in technology. It seems like as soon as you buy something like a cell phone, a computer, prepress equipment, an I-Pod or CTP, the technology on those items improves and what you own is now being outdated by the newer, better versions. In this struggling economy, many people do not have the funds to continuously keep buying the latest newer technology every six months. This article will give tips on how to be updated on technology without having to buy new items or spend a lot of money.

The first suggestion to update your technology pertains mainly to your laptop or home PC. Instead of going out and buying a new computer, it may be worth it to hire a Geek Squad type of company to try to refurbish your existing computer and to also add increased memory to it. The cost for this service is minimal and could extend the life of your computer by several more years without feeling like you are working on a dinosaur of a PC. Also, if you can get a techie friend to help you for free that would be great too.

Another option to update your current computer would be to take it to a resale shop and trade it in for another pre-owned system that may be more technologically advanced than your current one. The people that own these resale computer stores are so good at working with computers that they can basically rebuild an entire computer and make it like the new ones that are sold in retail stores. Not only will you receive a trade-in benefit but you will get to buy a better computer for a lot less because it is used.

Another tip is for …