Blue Chip Tech Companies Struggle To Adapt To The Modern Landscape

Starting next week, Hewlett-Packard will split into Hewlett Packard Enterprise and HP Inc. In a new report, FBR & Co analyst Daniel Ives discusses the future for Hewlett-Packard and several other large tech stalwarts.

IT Spending

According to Ives, IT spending has become very focused on particular areas of innovation in recent years. In fact, he goes so far as to call the trend in IT spending “bipolar.”

Big data analytics, cloud computing and cybersecurity have generated incredible 30-40 percent annual spending growth in recent years. On the other hand, traditional hardware, services and datacenter implementations have been struggling to simply tread water.

Pivotal Year

Ives believes…

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