Inflation Expected to Continue to Affect IT Market

March 14, 2022 3:03 pm

Due to everything going on in the world, inflation is rising.  Of course, this will affect prices across all markets, including the IT market.

Services such as Security Services, Email, Cloud Services, and Labor just in general have all seen an increase from 2020 to 2021 (see above chart), and it is predicted to continue rising throughout this new year.

Inflation aside, it’s important to keep in mind that technology continues to play a large role in economic growth and effective production, and protecting your investment with Cyber Security is more important than ever.

Although the rise in inflation is beyond our control, at CATS Technology Solutions Group, we will continue to give the best support and dedication to each and every one of our clients.  We are all in this together and we are here to assist you always.

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