Alain Monie, CEO of Ingram Micro, noted that increased uncertainty of gross domestic product combined with an acceleration in the delivery and methodology of IT to the cloud has rendered any economic crystal ball even murkier.
It's also become more difficult to categorize economic growth by continent now because of the fluctuation on a country-by-country and region-by-region basis, Monie said.
"That's uncertainty we all need to deal with," Monie said.
Finally, Synnex CEO Kevin Murai noted the "underlying market has been pretty soft for more than a year now."
One area that shows significant opportunity to offset other declines is in mobility, he said. The evolution and adoption of more mobile technologies should help the IT channel avoid further economic pitfalls, Murai said.
"The underlying and key part of our strategy is we have to figure out what products are growing and who the winners are," he said, adding that the coming release of Microsoft Windows 8 and more Ultrabook PCs could spur further growth.
"That presents a good opportunity and perhaps will light a spark in spending," he said.
PUBLISHED SEPT. 14, 2012
This story was updated on Sept. 14, 2012, at 11 a.m. PST, to correct that Alain Monie is CEO of Ingram Micro.