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Bullboard - Stock Discussion Forum Pivot Technology Solutions Inc. T.PTG

"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... see more

TSX:PTG - Post Discussion

Pivot Technology Solutions Inc. > Technology Sector Shed Record Number of Jobs in April
View:
Post by alhiemstra on May 11, 2020 3:50pm

Technology Sector Shed Record Number of Jobs in April

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.
Comment by PatiencePays123 on May 11, 2020 10:15pm
Doesn't matter as more people working from home means Pivot will be very busy for the forseeable future. 
Comment by lscfa on May 12, 2020 1:02pm
Information Technology is a broad category. Some applications will do better than others. 5G rollout will require lots of edge computing.    
Comment by smoking81 on May 13, 2020 9:59am
While some companies may delay the newest technology, they are all scrambling to get home offices working. All these people working from home will need access to all services such as printing and storage. Setting that all up is a lot of work and is an ongoing job to manage. The amount of new work this has created is mind blowing as it is every company that wants to re open. They all have computer ...more  
Comment by digitel on May 13, 2020 10:32am
This post has been removed in accordance with Community Policy
Comment by PatiencePays123 on May 13, 2020 3:07pm
Didn't he also say sell everything and buy PTG.TO?!
Comment by digitel on May 13, 2020 3:20pm
This post has been removed in accordance with Community Policy
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