Oz Infrastructure Growth Takes 3pc Tumble: IDC Report
SYDNEY: To say the 2019 year was turbulent, and to be hit even harder this year due to COVID-19, is an understatement for the Australian and New Zealand enterprise infrastructure market. According to market researcher IDC, external challenges, tight local credit conditions and 2019 Australian federal and state elections had already fuelled market pressures.
But then came the coronavirus outbreak, putting IT front and centre – particularly to meet the challenge of working from home.
The A/NZ infrastructure market, inclusive of server, external storage and networking reached A$4.02 billion (US$2.63 billion) in 2019, IDC says. The market had experienced a nine percent decline from 2018, which saw significant infrastructure refreshes from government and financial sectors as well as global hyperscalers.
Stepping into 2020, the intrusion of Covid-19 has made a recovery much more difficult, resulting in a three-percent decline. With the majority of employees working from home, enterprises are turning to cloud-based resources for business continuity.
“Attributes such as agility, scalability and simplicity are gaining importance in deciding IT infrastructure spending,” says Cynthia Ho, pictured, senior research manager at IDC A/NZ.