COVID-19 Impact on Information Technology.

According to the analysts of the consulting firm Garner, the COVID-19 crisis will cause an 8% drop in spending on Information Technology in 2020, a year that started with growth forecasts of 3.4% according to the consulting firm in January of this year.

Uncertainty in the Information Technology markets.

IT companies face very delicate months ahead in terms of their sales forecast, given that the trend is for companies to seek to aggressively cut their expenses in technology (among others), trying to mitigate the impact of lack of income caused by the Coronavirus pandemic.

Cutting IT expenses.

According to the consulting firm GlobalData, companies will cut these expenses from now until 2021, since this global pandemic will cause a (global?) recession in many markets.

By way of an example, and according to GlobalData’s forecast, the implementation of some technologies such as the Internet of Things or the Edge Computing will encounter delays.

Data centres.

However, the positive or the less bad part of this forecast has to do with data centres, Cloud Information Technology, and media that support changing business practices, and teleworking will be important, although the Companies’ short-term focus will be savings, not expenses.

The first measure to save in business telecommunications.

According to Emprosoft’s experience, the first measure to save on telephony is having a consolidated line inventory, that is, a deep knowledge of the lines, knowing which of them are still active and belong to the company and which are not.

A practical example recently published in the newspaper La Voz de Lanzarote proves it. The Lanzarote Tourist Centres audit their lines and compare them with those of their employees and discovered they were paying the mobile phone bills of people who didn’t work in the public company anymore. By eliminating those lines, around 50, they save around 7,000 EUR per month.