The IT Industry Is Doing Better Than It Seems

An episode of the Tech Field Day Podcast podcast, hosted by Tech Field Day, titled "The IT Industry Is Doing Better Than It Seems" was published on March 7, 2023 and runs 33 minutes.

March 7, 2023 ·33m · Tech Field Day Podcast

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Summary

There’s a lot of bad news coming out of the IT industry, especially large service providers and suppliers, but overall things aren’t as bad as it sounds. This episode of On-Premise IT features Andy Banta, Nico Stein, and Geoff Burke, who will be attending Tech Field Day this week, discussing the state of the industry with Stephen Foskett. Many tech companies, especially hyperscalers and online services, over-hired, and over-purchased, during the pandemic and have handled the resulting pull-back and layoffs particularly poorly. But supply chain constraints are normalizing and companies outside Silicon Valley are purchasing and hiring again, and this can help offset these losses. Leading-edge startups and new technologies continue to see investment and uptake, and these are the companies that will lead the industry out of this tech recession. On-Premises for Today’s Podcast: Panelists Andy Banta Geoff Burke Nico Stein Moderator Stephen Foskett Twitter @AndyBanta @CloudRestore @NicoAStein Twitter @SFoskett Follow us on Twitter! AND SUBSCRIBE to our newsletter for more great coverage right in your inbox.

Episode Description

There’s a lot of bad news coming out of the IT industry, especially large service providers and suppliers, but overall things aren’t as bad as it sounds. This episode of On-Premise IT features Andy Banta, Nico Stein, and Geoff Burke, who will be attending Tech Field Day this week, discussing the state of the industry with Stephen Foskett. Many tech companies, especially hyperscalers and online services, over-hired, and over-purchased, during the pandemic and have handled the resulting pull-back and layoffs particularly poorly. But supply chain constraints are normalizing and companies outside Silicon Valley are purchasing and hiring again, and this can help offset these losses. Leading-edge startups and new technologies continue to see investment and uptake, and these are the companies that will lead the industry out of this tech recession.

On-Premises for Today’s Podcast:

Panelists

Andy Banta

Geoff Burke

Nico Stein

Moderator

Stephen Foskett

Twitter

@AndyBanta

@CloudRestore

@NicoAStein

Twitter

@SFoskett

Follow us on Twitter! AND SUBSCRIBE to our newsletter for more great coverage right in your inbox.