Boston, MA -- (ReleaseWire) -- 03/03/2014 -- "IT Business Confidence Report Q1 2014" is a new report by Kable that analyzes IT industry executives' views on the global economy, expectations of customer confidence, supplier prices, key business concerns, and how executives' future investments are set to change in Q1 2014. This report also gives you access to regional analysis of industry outlook, industry and company growth prospects, future opportunities, staff hiring, and sales performance. Apart from providing access to the opinions and strategies of global IT industry executives, it also examines their actions surrounding business priorities, threats and opportunities, and future investment areas over the next six months. Moreover, this report provides a comparative analysis of survey results with Q4 2013 wherever applicable.
Introduction and Landscape
Why was the report written?
This report is the result of an extensive survey drawn from Kable's exclusive panel of leading global IT industry executives. The report analyzes current economic conditions prevailing across the globe and their impact on the IT industry, and forecasts company and industry growth prospects over the next six months. Furthermore, it provides information about the impact of customer confidence, supplier prices, and staff headcount likely to affect the investment decisions of the industry over the next six months. Additionally, this report tracks the change in executives' perceptions during the last three months, by providing a comparative analysis of survey results with the previous quarter.
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What is the current market landscape and what is changing?
Overall, 78% and 69% of global IT industry executives are optimistic about the future growth prospects of their company and the industry, respectively, over the next six months. Optimism towards company growth prospects has improved by nine percentage points in Q1 2014, compared to Q4 2013 results.
What are the key drivers behind recent market changes?
Increased customer confidence will positively impact IT business as the prices of ICT products and services are stabilizing and service providers are becoming more competitive.
What makes this report unique and essential to read?
Companies Mentioned in this Report: Google, Infosys, HBC Department Store Group, BAE Systems Applied Intelligence (formally Detica), UNI Trends, Cognizant Technology, Netflix, OneLogin
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