All Tech Field Day Podcast

The IT Industry Is Doing Better Than It Seems

There’s a lot of bad news coming out of the IT industry, especially large service providers and suppliers, but overall things aren’t as bad as it sounds. This episode of On-Premise IT features Andy Banta, Nico Stein, and Geoff Burke, who will be attending Tech Field Day this week, discussing the state of the industry with Stephen Foskett. Many tech companies, especially hyperscalers and online services, over-hired, and over-purchased, during the pandemic and have handled the resulting pull-back and layoffs particularly poorly. But supply chain constraints are normalizing and companies outside Silicon Valley are purchasing and hiring again, and this can help offset these losses. Leading-edge startups and new technologies continue to see investment and uptake, and these are the companies that will lead the industry out of this tech recession.

On-Premises for Today’s Podcast:


Andy Banta

Geoff Burke

Nico Stein


Stephen Foskett

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About the author

Stephen Foskett

Stephen Foskett is an active participant in the world of enterprise information technology, currently focusing on enterprise storage, server virtualization, networking, and cloud computing. He organizes the popular Tech Field Day event series for Gestalt IT and runs Foskett Services. A long-time voice in the storage industry, Stephen has authored numerous articles for industry publications, and is a popular presenter at industry events. He can be found online at,, and on Twitter at @SFoskett.

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