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That enterprise spending still represents most of the tech industry.
"We didn't see enterprise spending growth in our fiscal second quarter just ended," said Peter Klein, Microsoft's chief financial officer.
The research firm Gartner, meanwhile, projected that worldwide enterprise spending on information technology, or I.T., would amount to $2.679 trillion in 2013.
"Consumer is not where it should be, and enterprise spending is starting to fade a bit," said Mr. Svanberg, who recommends buying Texas Instruments shares on its long-term growth prospects.
Lumping together Nigeria with China and India and Brazil, he described them as "the countries on the rise … lean, fit, obsessed with enterprise, spending money on the future – on education, incredible infrastructure and technology".
HP's woes reflect those of Dell, the world's third-largest PC maker, which earlier this week reported dramatically slowing revenues and profits, and blamed a slowdown in consumer and enterprise spending – a trend it does not expect to improve in the next quarter.
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Collinson in the Enterprise spent three years on Victoria Island, reaching Victoria Strait.
Box is in a market that dispurts many 10s of billions of dollars of enterprise spend — file storage, enterprise collaboration and inter-organizational file sharing.
Meanwhile, popular streaming media apps like Spotify not only drive consumer usage of cloud services but also increased enterprise spend for Spotify to enable the services to exist.
(Most of that will usually turn out to be perfectly legitimate, too). The typical large enterprise spends up to 395 hours per week processing false alerts -- valued at about $1.27 million per year -- according to Ponemon.
Such calculations are based on hard, obvious metrics: Before cloud, the enterprise spent $100,000 on on-premises servers and software licenses and equipment every year, along with $200,000 of staff time (hypothetically speaking).
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