The global semiconductor shortage continues to place severe constraints on IT departments.
The U.S. Department of Commerce reports that demand for chips has risen by 17 percent from 2019 to 2021, with little growth in supply. The mismatch in supply and demand has led to delays and even cancellation of critical digital transformation initiatives.
This shortage has served as a wake-up call for technology leaders. There is a growing realization that excessive dependency on hardware vendors can jeopardize digital transformation initiatives. These technology leaders are accelerating their move to the cloud.
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