Linchpin Labs

Here is a quick summary of the IT Spending Forecast, 1Q20 from the Gartner webinar held yesterday, 7 th May 2020. Check out more details at http://public2.brighttalk.com/resource/core/268689/may7jlovelock_597531.pdf Good news! Global Cloud Spending Growth is UP by 5.1 % amidst Covid-19 attack. In Communications industry alone, Cloud spending grows by 11.63% in 2020 In Government services, Cloud infra spending is expected to increase by $2B   Not so good news! Dr. Fauci says America getting back to normal…'might not ever happen' without a vaccine (said on April 6,2020) Comparing the 4Q19 and 1Q20; IT spending in industry verticals such as MFG is reduced by $110B ; Banking & Securities is reduced by $57B ; followed by Retail - reduced by $40B and Transportation - reduced by $37B Not much impact is observed at Utilities sector followed by Wholesale trade and Government services. Overall IT Spending is ...

About Brazil On one level Brazil’s failure to invest in roads and factories can give simple tasks, like moving about the country, a comic-opera quality. Truckers taking sugar to the seaport in São Paulo routinely wait two to three days at the gate because of a lack of warehouse space and mechanized cargo movers inside the port. Those who make it don’t always arrive with a full load.  A former executive of a major U.S. agribusiness says his company used to transport seeds from the Brazilian hinterlands by truck, but the roads were so bad that half of the seeds would fall out by the time the truck reached São Paulo. Scavengers would follow the truck, and he would later find his seeds on sale in Paragua y. The flood of foreign money buying up Brazilian assets has made the currency one of the most expensive in the world, and Brazil one of the most costly, overhyped economies. The average student in Brazil stays in school for only seven years , the lowest of any middle-...