back to article Hey, CIOs: Tech prices are about to rocket, so get planning – Gartner

As currency changes make tech products more expensive, Gartner says CIOs need to re-examine their budgets. In the last year, the Euro, Japanese Yen and Brazilian Real have all dropped by about 20 per cent against the US Dollar, and according to Roberto Sacco, Gartner’s research director, that is likely to remain the case at …

  1. Anonymous Coward
    Anonymous Coward

    Predicting the future

    It's nice Gartner can predict future exchange rates, because nobody else can.

    Didn't the Chinese currency just devalue? Where is most electronic stuff made? Are Lenovo and Huawei (to name two) going to tie their international prices to the dollar rate?

    1. Anonymous Coward
      Anonymous Coward

      Re: Predicting the future

      Gartner are (IMHO) only interested in selling reports.

      They release some about the industry I work in. Frankly, a two year old with big crayons could have made a better job of them. They were basically content free waffle.

      And yes the Chinese have devalued their currency twice (so far) this week. This will make exports from ost of China cheaper. The exceptions are probably the goods produced in the 'Tarriff Free' zones. Those zones are from memory tied to the USD.

  2. Anonymous Coward
    Anonymous Coward

    I could ask who in their right mind buys dollar based equipment? As Arnaut the less says, most of what we need can be sourced directly from China at much better rates.

    1. K

      Yeah good luck getting everything from China..

      This is not about tin, but IT products in general, including software. So expect another 20% to be slapped on the price on any Windows, backup, security systems etc from vendors that at HQ'd in the US.

      This year stung for us with both Microsoft and VMWare slapping 5-15% on existing prices, can only imagine next year is going to be a slaughter. Though a plus side is we've massively been reducing our Microsoft products becuase of it.

      1. Anonymous Coward
        Anonymous Coward

        @K,

        We have been off win since version 3.1 and we have now removed it from all our clients.

        I hope you manage to get off the win treadmill soon - it is possible.

      2. Anonymous Coward
        Anonymous Coward

        US companies

        "So expect another 20% to be slapped on the price on any Windows, backup, security systems etc from vendors that at HQ'd in the US."

        There are a surprising number of good German and Eastern European vendors out there.

  3. Anonymous Coward
    Anonymous Coward

    Currency fluctuations... yet another reason to not be dependent on a single supplier.

    Presumably this will hit US exports until the dollar realigns with the ROW.

    1. Anonymous Coward
      Anonymous Coward

      This is the dollar realigning, don't expect it to revert to where it has been anytime soon. The US isn't struggling with the issues the EU is (Greece) nor Japan is (aging population) or China is (our bubble burst nearly a decade ago and our economy is gaining strength, now its China's turn)

      But yes US exports will be hurt as they're more expensive now, but since the US runs a trade deficit a stronger dollar is on the whole better for the US.

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