Global IT spending forecast to rise 5.5%, fueled by software, services

Overall spending on IT products and services is expected to climb by about 5.5% this year, fueled mainly by software and services, according to a forecast from tech analyst firm Gartner Research. That level of growth would result in a total expenditure of $4.6 trillion.

In the area of data center systems, which includes servers, internal controller-based systems and networking equipment among other things, the latter is likely to prove a robust engine of growth, with Gartner predicting 8.4% year-on-year growth in constant currency. According to the forecast’s author, John-David Lovelock, the data center category as a whole should rise by 3.7% in 2023.

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Overall spending on IT products and services is expected to climb by about 5.5% this year, fueled mainly by software and services, according to a forecast from tech analyst firm Gartner Research. That level of growth would result in a total expenditure of $4.6 trillion.In the area of data center systems, which includes servers, internal controller-based systems and networking equipment among other things, the latter is likely to prove a robust engine of growth, with Gartner predicting 8.4% year-on-year growth in constant currency. According to the forecast’s author, John-David Lovelock, the data center category as a whole should rise by 3.7% in 2023.To read this article in full, please click hereRead MoreComputerworld IT Management

Microsoft touts Windows 365 Frontline: 1 subscription for up to 3 workers

Microsoft today unveiled Windows 365 Frontline: a Cloud PC option aimed at frontline, shift, and part-time workers.

The new subscription to Windows 365 allows organizations to purchase one license that can be shared by up to three workers on mobile devices. The service also boasts new features for IT administrators.  

“Windows 365 Frontline can be managed alongside your other Windows 365 Cloud PCs and endpoints with Microsoft Intune. From deploying apps to applying settings, it’s easy for IT administrators to tailor the experience of each group of Cloud PCs to meet the needs of each type of employee,” Sam Tulimat, a Microsoft principal product lead, said in a blog post.

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Microsoft today unveiled Windows 365 Frontline: a Cloud PC option aimed at frontline, shift, and part-time workers.The new subscription to Windows 365 allows organizations to purchase one license that can be shared by up to three workers on mobile devices. The service also boasts new features for IT administrators.  “Windows 365 Frontline can be managed alongside your other Windows 365 Cloud PCs and endpoints with Microsoft Intune. From deploying apps to applying settings, it’s easy for IT administrators to tailor the experience of each group of Cloud PCs to meet the needs of each type of employee,” Sam Tulimat, a Microsoft principal product lead, said in a blog post.To read this article in full, please click hereRead MoreComputerworld IT Management

Morgan Stanley fines some employees $1M for WhatsApp, iMessage use

Investment banking firm Morgan Stanley has punished some of its employees with fines that topped more than $1 million for breaching compliance rules by using WhatsApp and iMessage for business communications.

The fines were levied by docking previous bonuses or future pay, according to a report  in the Financial Times.

While the fines might seem steep, Morgan Stanley itself has had to pay millions of dollars in fines for previous SEC violations related to the use of consumer messaging apps for business purposes.

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Investment banking firm Morgan Stanley has punished some of its employees with fines that topped more than $1 million for breaching compliance rules by using WhatsApp and iMessage for business communications.The fines were levied by docking previous bonuses or future pay, according to a report  in the Financial Times.While the fines might seem steep, Morgan Stanley itself has had to pay millions of dollars in fines for previous SEC violations related to the use of consumer messaging apps for business purposes.To read this article in full, please click hereRead MoreComputerworld IT Management

Study: When employees don’t have to commute, they work

When employees are allowed to work remotely, they most often use the time they would have spent commuting to the office working.

On average, employees save 72 minutes in commute time every day when they’re allowed to work from home rather than in the office, according to the Global Survey of Working Arrangements (G-SWA) study performed by the National Bureau of Economic Research (NBER).

“That’s a large time savings, especially when multiplied by hundreds of millions of workers around the world,” the study said. “These results suggest that much of the time savings flow back to employers, and that children and other caregiving recipients also benefit.”

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When employees are allowed to work remotely, they most often use the time they would have spent commuting to the office working.On average, employees save 72 minutes in commute time every day when they’re allowed to work from home rather than in the office, according to the Global Survey of Working Arrangements (G-SWA) study performed by the National Bureau of Economic Research (NBER).“That’s a large time savings, especially when multiplied by hundreds of millions of workers around the world,” the study said. “These results suggest that much of the time savings flow back to employers, and that children and other caregiving recipients also benefit.”To read this article in full, please click hereRead MoreComputerworld IT Management

The Great Resignation: Where did the millions who quit their jobs go?

Tens of millions of American have quit their jobs since the beginning of the pandemic in what’s become known as the Great Resignation – and a new study indicates those workers feel good about where they wound up.

The study by online education service Cengage Group shows “the Great Resigners” are generally happy about their workplace decisions, with an average 81% indicating they do not regret leaving their previous job. 

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Tens of millions of American have quit their jobs since the beginning of the pandemic in what’s become known as the Great Resignation – and a new study indicates those workers feel good about where they wound up.The study by online education service Cengage Group shows “the Great Resigners” are generally happy about their workplace decisions, with an average 81% indicating they do not regret leaving their previous job. To read this article in full, please click hereRead MoreComputerworld IT Management

4 ways DEI tools can drive change across the workplace

Over the past few decades, human resources and business leaders have come to understand that greater diversity, equity, and inclusion (DEI) positively affects their corporate culture, their brand perception, their ability to attract and retain talent, and the performance of the business.

In fact, the justification for diversity and inclusion in terms of business performance is stronger than ever, according to the 2020 McKinsey & Co. report “Diversity wins: How inclusion matters.” The company has been collecting data on corporate diversity and inclusion since 2014 and has noted an increasing disparity between the financial performance of more diverse organizations and that of less diverse companies.

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Over the past few decades, human resources and business leaders have come to understand that greater diversity, equity, and inclusion (DEI) positively affects their corporate culture, their brand perception, their ability to attract and retain talent, and the performance of the business.In fact, the justification for diversity and inclusion in terms of business performance is stronger than ever, according to the 2020 McKinsey & Co. report “Diversity wins: How inclusion matters.” The company has been collecting data on corporate diversity and inclusion since 2014 and has noted an increasing disparity between the financial performance of more diverse organizations and that of less diverse companies.To read this article in full, please click hereRead MoreComputerworld IT Management

Why we don’t need the four-day workweek — or weekends

The battle over whether remote employees should be forced back into the office is based on a false belief: people working from home slack off more than in-office workers.

It’s simply not true.

Consider the latest viral TikTok trend: bragging about “time theft.” The notion was perhaps expressed best by TikTokker Daniel Ezra, who said: “The real work flex is not grinding for 80 hours a week. The real work flex is time theft.”

Hundreds of comments about the video piled on with tips on how they “steal” nearly the entire workday, which included coming into the office late, taking long breaks, pretending to work, and other tactics.

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The battle over whether remote employees should be forced back into the office is based on a false belief: people working from home slack off more than in-office workers.It’s simply not true.Consider the latest viral TikTok trend: bragging about “time theft.” The notion was perhaps expressed best by TikTokker Daniel Ezra, who said: “The real work flex is not grinding for 80 hours a week. The real work flex is time theft.”Hundreds of comments about the video piled on with tips on how they “steal” nearly the entire workday, which included coming into the office late, taking long breaks, pretending to work, and other tactics.To read this article in full, please click hereRead MoreComputerworld IT Management

Most in-demand skills for 2023, according to LinkedIn

LinkedIn today released an exhaustive list of skills employers prioritize when recruiting, posting, and hiring for jobs on the company’s website.

“It’s true that topics like layoffs are trending on LinkedIn and conversations around ‘recession’ are up nearly 900% since last year,” the company said in the report. “The rate of global LinkedIn member job change has flatlined for the first time since March 2021. No matter the setback, looming re-org, or change in strategy, learning in-demand skills can help individuals and teams reach their career goals in 2023, even in the face of a tough macro environment.”

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LinkedIn today released an exhaustive list of skills employers prioritize when recruiting, posting, and hiring for jobs on the company’s website.“It’s true that topics like layoffs are trending on LinkedIn and conversations around ‘recession’ are up nearly 900% since last year,” the company said in the report. “The rate of global LinkedIn member job change has flatlined for the first time since March 2021. No matter the setback, looming re-org, or change in strategy, learning in-demand skills can help individuals and teams reach their career goals in 2023, even in the face of a tough macro environment.”To read this article in full, please click hereRead MoreComputerworld IT Management

As four-day workweek trial ends, most companies stick with the change

The world’s largest trial of a four-day week ended this week — and 92% of the companies that participated plan to continue with the truncated work schedule because the benefits were so clear.

The study of 61 UK-based companies and about 3,000 employees delivered results that are largely consistent with existing evidence from other studies, “further demonstrating the benefits of reduced-hour, output-focused working,” the study concluded.

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The world’s largest trial of a four-day week ended this week — and 92% of the companies that participated plan to continue with the truncated work schedule because the benefits were so clear.The study of 61 UK-based companies and about 3,000 employees delivered results that are largely consistent with existing evidence from other studies, “further demonstrating the benefits of reduced-hour, output-focused working,” the study concluded.To read this article in full, please click hereRead MoreComputerworld IT Management

Skills-based hiring continues to rise as degree requirements fade

More employers are leaving behind college degree requirements and embracing a skills-based hiring approach that emphasizes strong work backgrounds, certifications, assessments, and endorsements. And soft skills are becoming a key focus of hiring managers, even over hard skills.

Large companies, including Boeing, Walmart, and IBM, have signed on to varying skills-based employment projects, such as Rework America Alliance, the Business Roundtable’s Multiple Pathways program, and the campaign to Tear the Paper Ceiling, pledging to implement skills-based practices, according to McKinsey & Co.

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More employers are leaving behind college degree requirements and embracing a skills-based hiring approach that emphasizes strong work backgrounds, certifications, assessments, and endorsements. And soft skills are becoming a key focus of hiring managers, even over hard skills.Large companies, including Boeing, Walmart, and IBM, have signed on to varying skills-based employment projects, such as Rework America Alliance, the Business Roundtable’s Multiple Pathways program, and the campaign to Tear the Paper Ceiling, pledging to implement skills-based practices, according to McKinsey & Co.To read this article in full, please click hereRead MoreComputerworld IT Management