Pivot Technology Solutions Inc. T.PTG

Technology

"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives majority revenue from the United States and also has a presence in other countries."

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Pivot Technology Solutions Inc. > Technology Sector Shed Record Number of Jobs in April

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Comment by lscfaon May 12, 2020 1:02pm

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Post# 31017681

RE:Technology Sector Shed Record Number of Jobs in April

Information Technology is a broad category. Some applications will do better than others. 5G rollout will require lots of edge computing.

alhiemstra wrote: https://www.wsj.com/articles/technology-sector-shed-record-number-of-jobs-in-april-11588974127?mod=hp_minor_pos4

In the near term many companies are pulling back on current and planned IT projects, such as more complex deployments of artificial intelligence or automation, as they grapple with the economic fallout from the coronavirus pandemic,
Research group International Data Corp. on Monday revised its global IT spending forecast downward, projecting a decline of 5.1% this year to $2.25 trillion.