"IT Industry Business Confidence Report: H1 2017" examines executives' opinion about the business environment during H1 2017. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, the report provides information categorized by region.
The existing economic environment is stable for the IT industry during H1 2017 (February 2017-July 2017). Survey results reveal that executives operating in North America project a more favorable opinion about the economic prospects in the region for H1 2017. Significant growth in household spending, rise in GDP rate, increased government infrastructure outlays, growing consumer confidence, and the fall in the unemployment rate, are identified as the key contributing factors to the favorable opinion. Executives foresee an increase in expenditure on new product development over the next six months. Moreover, customer retention, and protecting and growing market share are the main priorities for survey respondents in H1 2017.
- In total, 49% of survey respondents state that the current economic environment is stable, whereas 33% of respondents indicate that the economic condition is very favorable or favorable
- The majority of executives operating in North America have a more favorable opinion about their region
- The positive outlook towards company growth over the next six months is highest among executives with business operations in North America
- On average, IT industry executives project an increase of 3.3% in supplier prices for software products over the next six months
- Customer retention, protecting and growing market share, and improving operational efficiency are the main priorities for survey respondents in H1 2017.
Key Topics Covered:
- Definitions and abbreviations
- Methodology and sample size
- Respondent profile
- Economic state, growth prospects, and consumer confidence
- Existing economic environment
- Industry and company growth outlook
- Expected change in consumer confidence
- Supplier prices, staff headcount, and sales performance
- Supplier prices expectations
- Anticipated change in staff head count and sales projections
- Anticipated change in spend on key activities
- Business concerns and organizational priorities
- Level of concerns and expected impact
- Significance of potential business priorities
- NTT Data
For more information about this report visit https://www.researchandmarkets.com/research/vhdnml/it_industry