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IT Industry Business Confidence Report: H1 2017

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Details

IT Industry Business Confidence Report: H1 2017

Summary

GlobalData's "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.

What else does this report offer?

Current state of the global economy: examines prevailing economic conditions globally and across various regions

Company and industry growth outlook: provides industry executives' expectations towards the growth prospects of their company and the industry over the next six months

Change in customer confidence: analyzes IT industry executives' opinion about the change in customer confidence during H1 2017

Supplier prices projection: determines expected change in supplier prices across various categories and their impact on business confidence

Change in staff headcount and sales performance: tracks expected change in staff headcount and sales for H1 2017 among industry executives globally

Significant investment activities: highlights various areas in which industry executives intend to invest over the next six months

Business concerns: provides information about potential business concerns indicated by survey respondents for H1 2017

Key priorities: identifies the top priorities of industry executives operating in various regions

Scope

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.

Reasons to Buy

Helps organizations to make effective business strategy decisions by knowing the prevailing business conditions and sentiment within the IT industry

Organizations will be supported in business expansion decisions by providing information about projected change in sales performance and supplier prices

Helps to improve operational efficiency of the organization by knowing about key priorities and the main concerns of IT industry executives

Helps to alter investment allocation by understanding key focus areas highlighted by survey respondents during H1 2017

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Table Of Content

Scope

Table of Contents

Introduction

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

Appendix


List Of Figure

List of Figures

Figure 1: Current economic condition-Overall

Figure 2: Current economic condition-Region

Figure 3: Current economic condition-Those who operate and do not operate in a region

Figure 4: Industry and company growth prospects-Overall

Figure 5: Industry and company growth prospects-Overall-In detail

Figure 6: Industry and company growth prospects-Region

Figure 7: Anticipated variation in consumer confidence-Overall

Figure 8: Anticipated variation in consumer confidence-Region

Figure 9: Projected change in supplier prices-Software-Overall and regional

Figure 10: Projected change in supplier prices-Hardware-Overall and regional

Figure 11: Projected change in supplier prices-Power and Energy-Overall and regional

Figure 12: Projected change in supplier prices-Technology-Overall and regional

Figure 13: Staff headcount and sales outlook-Regional

Figure 14: Expenditure projection on key activities-Overall

Figure 15: Top five business concerns-Region

Figure 16: Business concerns-Overall and regional-A

Figure 17: Business concerns-Overall and regional-B

Figure 18: Business concerns-Overall and regional-C

Figure 19: Top five organizational priorities-Region

Figure 20: Organizational priorities-Overall and region


List Of Table

Licence Rights

Single User License:
Report can be used by individual purchaser only

Site License:
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License: 
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

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Products and Companies


Companies

Oracle Ericsson Foxconn Microsoft Flipkart Dropbox Google NTT Data Cisco Docker