Covid-19: Software firms sharpen focus on AI, big data as IT spending drops2 min read . Updated: 14 Apr 2020, 01:49 AM IST
- Globally, spending on IT is expected to shrink by 3-4% by the end of 2020, research firm IDC said
- Software vendors such as IBM, SAP and Microsoft plan to make use of such emerging technologies to become more relevant
BENGALURU : Software companies are intensifying their focus on in-demand technologies and exploring innovative ways to service their clients even as the covid-19 crisis creates challenges across industries and leads to a reduction in technology spending.
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