Market Intel

Counterfeits damage mechanical engineering in the billions, says new study

Counterfeit products are causing an annual 7.6 billion euros damage to the mechanical engineering industry, and pose a threat to the operation of machines and plants, says a new study by the Mechanical Engineering Industry Association (VDMA). According to the study...

Market Intel

Coronavirus drives record Q1 in server market but global IT spending set for 5% decline

Server shipments during the first quarter of 2020 totaled more than 3.3 million, almost 1 million more than the first quarter of 2019, according to technology consultants, Omdia. Vendors achieved record shipments in March, driving a strong close to the first...

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