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What does IDC stands for?
  • a)
    International data collection
  • b)
    International data corporation
  • c)
    International data collector
  • d)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What does IDC stands for?a)International data collectionb)Internationa...
What does IDC stand for?
Answer: International Data Corporation

Definition:
IDC stands for International Data Corporation. It is a global market intelligence firm that provides advisory services and market research on various technology and industry sectors.
Explanation:

  • IDC is an acronym that stands for International Data Corporation.

  • It is a well-known market intelligence firm that specializes in providing advisory services and market research.

  • Founded in 1964, IDC offers insights and analysis on various technology and industry sectors.

  • The company conducts extensive research on market trends, emerging technologies, and industry forecasts.

  • They provide valuable information and data to help businesses make informed decisions and develop effective strategies.

  • With a global presence, IDC has offices in major cities worldwide and a team of industry experts and analysts.

  • Their research and reports cover a wide range of topics, including cloud computing, artificial intelligence, cybersecurity, digital transformation, and more.

  • Organizations rely on IDC's research and analysis to stay updated on market trends, competitive landscapes, and future opportunities.


Conclusion:
IDC stands for International Data Corporation, a renowned market intelligence firm that offers advisory services and market research on various technology and industry sectors.
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