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All issuesVolume 300, Issue 1IT NewsOperations

Datacenter System Makers Leary But Not Weary

The Next Platform, March 3rd, 2023

The central banks of the world, led by the European Central Bank and the US Federal Reserve, want to curb inflation and they are willing to cause a small recession or at least get very close to one to shock us all into controlling the acquisitive habits we developed during the lockdowns of the early years of the coronavirus pandemic.

As we have previously reported, IT spending forecasts are consequently coming down for 2023 even as inflation is eating into the collective IT budgets for the world and making spending look bigger than what it really is. And now, the jitters are showing up in the current and future numbers from IT hardware suppliers and OEM juggernauts Dell and Hewlett Packard Enterprise.

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