The Hardware and Software Industries

4 April 2015
An examination of the current states and trends of the hardware and software industries.

This paper looks at the future state of the hardware and software industries. The author stresses the decrease in the requirements and demands of new technology and the effects this might have on the financial profits and workforce numbers for the industries concerned.
“Concerns over the economy combined with a slowdown in the demand for new installations due to the fewer new technology companies appearing on the scene have industry analysts predicting tough times ahead for the hardware industry. Most hardware manufacturers have announced lower expected profits for the next year, and some have resorted to workforce layoffs to cut costs in response to the decrease in demand. Apparently IBM is the only major player not to be significantly impacted, given its longevity on the hardware scene and its diversity of product offerings that extend beyond computers into other office and IT equipments.”

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