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IT Industry Business Confidence Report H2 2017

IT Industry Business Confidence Report H2 2017

  • October 2017
  • 56 pages
  • ID: 3267847
  • Format: PDF
  • GlobalData
Up to $878 off Until May 31st 2020

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IT Industry Business Confidence Report H2 2017

Summary
"IT Industry Business Confidence Report H2 2017", report is the result of an extensive survey drawn from our exclusive panel of industry executives. These respondents are drawn from our Industry Insight Panel, an exclusive industry panel covering over two million business professionals worldwide. These business communities are made up of highly engaged, qualified professionals, who rely on our flagship media brands in their respective markets, enabling access knowledgeable and informed industry opinion.

Key points of this report -
- Economic conditions are expected to be favorable in for the IT industry in H2 2017 compared to H1 2017.
- In total, 52% of IT industry executives indicate favorable or very favorable economic conditions in North America in H2 2017.
- The economic environment in North America and Western Europe are more favorable in H2 2017 compared to H1 2017.
- Respondents who operate in North America have a more favorable opinion about their region.
- Globally, 44% of executives indicate a stable economic state for the IT industry during the next six months.

Moreover, the report “IT Industry Business Confidence Report H2 2017” examines executives’ opinions about the business environment during H2 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.

Particularly, this report outlines -
- 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 H2 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 H2 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 H2 2017
- Key priorities: Identifies the top priorities of industry executives operating in various regions

Companies mentioned in this report: Microsoft Corporation, International Business Machines Corporation, Science Applications International Corp, Huawei Technologies Co., Ltd, iSoftStone Holdings Limited, Oracle Corporation, Cisco Systems, Inc. Infosys Limited, Wipro Limited.

Scope
- Economic environment in North America and Western Europe are more favorable in H2 2017 as compared to H1 2017
- Executives operating in the Asia-Pacific region expect a five percentage points increase in customer confidence levels in H2 2017 as compared to H1 2017
- Executives with business operations in the Asia-Pacific region expect an increase in hardware prices in H2 2017 as compared to H1 2017
- Globally, organizations intend to focus on customer retention and new product development during the next six months

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 H2 2017

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