Welcome!

News Feed Item

IT Business Confidence Tracker Report Q4 2013

LONDON, March 13, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:

IT Business Confidence Tracker Report Q4 2013

Product Synopsis

"IT Business Confidence Tracker Report Q4 2013" is a new report by Kable that globally analyzes industry opinions on the latest economic and customer issues, and their impact upon investment decisions and growth prospects within the IT industry. This report also examines the current and future state of economy and its retrospective effect on the industry. Furthermore, it analyzes the change in ICT product and services prices, industry growth prospects, customer confidence levels, and market trends currently affecting industry dynamics. The report identifies the pressing business concerns and key business priorities highlighted by industry executives which will affect the company's performance over the next six months.

Introduction and Landscape

Why was the report written?

This report is the result of an extensive survey drawn from Kable's exclusive panel of industry executives. The report analyzes current economic conditions prevailing across the globe and their impact on the IT industry, and forecasts the industry's growth prospects over the next six months. The report provides information about projected changes in the price of ICT products and services from existing levels, and identifies changes in customer confidence levels and investment activity towards specific sectors within the industry.

What is the current market landscape and what is changing?
Overall, 69% and 68% of respondents expressed a positive outlook for both company and industry growth prospects over the next six months, respectively.

What are the key drivers behind recent market changes?
'Increase in market share' and the ability to 'retain customers' are the most preferred priorities by executives operating across all the regions.

What makes this report unique and essential to read?
"IT Business Confidence Report Q4 2013" is a new report by Kable that analyzes the industry sentiments globally on the latest economic and customer issues and their impact upon investment decisions and growth prospects within the IT industry. This report also examines the executive opinion about current and future state of economy and its retrospective effect on the industry. Furthermore, it analyzes the change in ICT product and services prices, sales performance, and staff headcount within the industry over the next six months. In addition, it provides an overview of the key priorities, threats, and opportunities for the global IT industry over the next six months.

Key Features and Benefits

To identify the current and future operating conditions of the global economy.

Analyzes the global economic situation over the next six months as identified by respondents.

Uncovers the key issues and challenges that prevent respondents from doing business.

Forecasts the change in prices of ICT products and services over the next six months compared to the current scenario.

Identifies the major changes in customer confidence levels in the IT industry over the next six months.

Key Market Issues

Overall, 50% of respondents state that they are operating in a 'stable' economic environment, while 29% state that the current economic conditions are 'unfavorable'.

In total, 67% of industry executives have anticipated that the global economic outlook over the next six months will 'slightly improve' in Asia-Pacific.

Industry confidence is comparatively low - particularly in Europe as the economy is improving at a slow pace due to growing uncertainty and social unrest, resulting in decrease of IT budget from companies.

Across the globe, an upsurge in new competition is the biggest concern for industry executives, while cybercrime has become a major concern for IT companies operating in North America.

'Improving operational efficiency' and 'growing market share' are key priorities over the next six months for respondents who are operating in Asia-Pacific.

Key Highlights

Overall, 40% of industry executives forecast at least a 2% increase in software prices over the next six months.

Executives expect staff head count to rise marginally over the next six months in North America, Europe, and Asia-Pacific.

Industry executives from Asia-Pacific highlight the global economic situation and the new government legislation in their area of operation as key concerns that impact their company's performance.

New product development and social media strategy will be the two areas where industry executives expect to increase expenditure the most over the next six months with the intention of building customer relationships.

In total, 94% of respondents operating in Asia-Pacific forecast an improvement in their operational efficiency in 2013-2014.

Companies Mentioned

Tata Consultancy Services, Seagate Technology, Infosys, Cisco, Cognizant Technology and SAP

Read the full report:
IT Business Confidence Tracker Report Q4 2013
http://www.reportbuyer.com/telecoms/misc_telecoms/business_confidence_tracker_report_q4_2013.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Telecommunication_Services

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]  
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

SOURCE ReportBuyer

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assis...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...
SYS-CON Events announced today that Tappest will exhibit MooseFS at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. MooseFS is a breakthrough concept in the storage industry. It allows you to secure stored data with either duplication or erasure coding using any server. The newest – 4.0 version of the software enables users to maintain the redundancy level with even 50% less hard drive space required. The software func...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.