Impact of global chip shortage on IT departments: It’s time to plan ahead

The global chip shortage has already affected numerous business goods, including laptops, servers and printers as well as consumer goods, from automobiles to alarm clocks. If IT departments want to prepare for a shortage that experts say could last well into 2023, your staff needs to understand the dynamics of the shortage, how it affects them, and which steps will help them the most in the long run.

The Impact of the Global Chip Shortage

Chip demand is coming from any number of sectors today. Nearly every industry is looking to instrument its devices, bringing them into a smart age that consumers are growing ever more accustomed to. Data centers, cryptocurrency miners, IoT manufacturers: it’s clear there are more buyers than products.

Some of the most advanced chips can be found in PCs, which will likely see some fluctuation over the next few months and into 2022. Experts say that there might be a soft dip in demand from manufacturers, though not enough to see a serious impact on the market. It’s also expected that brands like Dell, Lenovo, and HP will inflate their prices to cover the cost of the chips.

 

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