IT Business Index Surges
CompTIA said Monday that its information technology business confidence survey shows tech companies are becoming more optimistic about their future business opportunities. The group said it's 2010 CompTIA IT Industry Business Confidence Index experienced its largest jump ever in December 2009.
The survey of IT business executives found that 34 percent said they expect to increase capital expenditures in the next six months, compared to 24 percent in a September survey, while 31 percent plan to boost staffing, up from 24 percent from September. Overall, the survey shows that executives expect the U.S. economy will continue to strengthen and forecasts a 6.5 point increase in confidence, which would move the rating on the 100-point scale into "solidly positive range."
The executives surveyed said they expect IT spending to grow at a rate of between 2 percent and 4 percent in 2010, saying they are particularly focused on security products and services, virtualization products and services, and opportunities in the health care and green IT markets.
"Many macro-economic indicators have improved over the past six months, lending factual support to the positive perceptions of IT executives," CompTIA Vice President of Research Tim Herbert said in a statement. He added that some "big unknowns still loom" such as unemployment, public sector debt, tight credit and lending markets, which may temper hopes that an economic recovery is in full swing.
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