Andrew Bartels

The US Bureau of Labor Statistics recently released its Employment Situation Summary for April 2020. That report has implications for the US tech market outlook in the pandemic-driven recession because the specific industries that are shedding workers are the ones most likely to cut their tech spending sharply in 2020. The data confirms most of […]

A detailed analysis of how the COVID-19 pandemic is impacting the high-tech market from Vice President Andrew Bartels.

US economic growth slowed more dramatically than expected in the first quarter. The picture for the tech market was mixed.

When will the global tech markets recover? Vice President Andrew Bartels provides a four-factor model to assess which recovery scenario is more likely in various regions.

Forrester has just released its updated forecasts for the US tech market in 2020, factoring in the impacts of COVID-19 and the efforts to contain its spread. There is currently a 60% probability of a 9% fall in 2020, with a smaller decrease of 5% in 2021, though this is likely to shift.

Vice President Andrew Bartels reviews a recent OECD report forecasting the impact of coronavirus on GDP.

Cloud software has become more common, whether in the form of multi-tenant software-as-a-service (SaaS) or single-instance hosted software. Companies in many cases have signed on to multi-year contracts with these cloud software vendors, yet the prices in those contracts are often based on usage metrics such as number of users, number of customers, or number […]

Tips and techniques in preparing tech market forecasts during the COVID-19 pandemic. Where to get data, how to form models, and where to scale back.

Tech spending forecasts revised amid “sharp deterioration” in the economic outlook.

Even before the threat of coronavirus, the US economy was poised for a slowdown in 2020. Slowing real GDP growth of 2% or less in turn will lead to slower growth of US tech budgets: from 4.5% in 2019 to 4.2% in 2020 and 4% in 2021, according to Forrester’s latest US tech budget forecast: […]

It is still too early to map out the full impact of the coronavirus (or COVID-19, as it is now called) on the global economy or on global tech markets. The disease has not yet run its course or been contained in China, and it could still pop up and spread in other countries. There […]

A series of economic and political uncertainties have CIOs scaling back spending.

Four reasons to be cautious about the role of AI in procurement.

We have just completed our Forrester Wave™ evaluation of source-to-contract (S2C) suites (“The Forrester Wave™: Source-To-Contract Suites, Q4 2019 — The 11 Providers That Matter Most And How They Stack Up“). These S2C suites combine four related buy-side software products: eSourcing, contract lifecycle management (CLM), spend analytics, and supplier risk and performance management (SRPM). We […]

Which is the right choice: best-of-breed apps or application suites? This is a perennial question CIOs and business partners face in selecting application software. Forrester’s data on the ePurchasing software market — software that helps firms choose, contract with, buy from, and manage suppliers — shows that both options remain competitive. Indeed, it may well […]

Sourcing software helps firms create, organize, and manage sourcing events that will allow them to get the best deals on direct materials, indirect materials, and services. Generally, eSourcing software vendors fall into one of three market segments — source-to-contract suite vendors, eSourcing specialists, and industry/geographic sourcing platforms — and should be evaluated by their size, […]

European tech markets will experience slowing growth in 2020, according to Forrester’s latest forecast for the European tech market as a whole and for tech markets in the eight largest countries (“European Tech Market Outlook For 2019 To 2020” and “European Tech Market Outlook By Country For 2019 To 2020”). European business and government purchases […]

We expect tech spending to decrease in 2020. Read the details.

The Canadian tech market will grow in 2019 and 2020, but growth will slow from 6% in 2018 to 3.7% in 2019, according to Forrester’s report, “The Canadian Tech Market Outlook For 2019 To 2020.” The healthy growth of the Canadian tech market has largely been caused by an expansion in cloud services and government […]