For those who are unfamiliar, SMBs IT hardware budgets are always directed at the procurement of network equipment, servers, storage devices, and PCs that can add value and enhance business performance.
According to Technavio, the
need to implement secure and flexible ICT infrastructure that conforms to bring
your own device (BYOD) programs and Internet of Things (IoT) technology is
fueling the growth of the global hardware market. Networking solution providers
such as Cisco, Dell, Lenovo, and HP dominate the market.
Lenovo for example has
developed reference platforms for virtualized infrastructure for SMBs based on
EMC's VSPEX in conjunction with its channel partners, such as EMC2.
The global SMB hardware market
is expected to reach USD 286 billion by 2020, according to Technavio.