IT Industry Business Confidence Report H2 2015
October 23, 2015 | PRNewswireEstimated reading time: 1 minute
Respondents feel that the overall business confidence index for H2 2015 (July 2015-December 2015) has reduced in comparison to H1 2015 (January 2015-June 2015), which indicates that IT industry growth is primarily affected due to the economic slowdown in China and Brazil, and uncertainty over Greece economic conditions. However, in spite of a reduction in business confidence index, highest percentage of IT industry executives consider current economic conditions to be stable across the globe and the future outlook remains positive as a result of increasing demand for cloud computing services, and growing demand for software and hardware technologies such as mobility (smart phone applications). Over the next six months the industry would increase its expenditure towards new product development and green initiatives
Key Findings
- The highest percentage of executives indicated a stable economic environment in H2 2015 (July-December 2015)
- Executives who operate in Europe and the Rest of the World expect improvements in customer confidence in H2 2015, as compared to H1 2015 (January-June 2015)
- On average, respondents anticipate the prices of software to increase by 1.6% over the next six months
- Respondents who operate in Asia-Pacific expect staff headcount numbers to increase by 1.1 percentage point in H2 2015, as compared to H1 2015
- Executives foresee an increase in expenditure on new product development and green initiatives over the next six months
Synopsis
Kable's IT Industry Business Confidence Survey H2 2015 examines executive's opinion on business environment over July-December 2015. It also highlights existing economic condition, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, it provides information categorized by region and presents comparison with H1 2015 wherever applicable.
Suggested Items
Future Innovators Challenged by UK Robotics Leaders to Design Nuclear Fission and Fusion Decommissioning Robots
05/09/2024 | RAICoStudents in West Cumbria have been tasked by the Robotics and AI Collaboration (RAICo) and the Industrial Solutions Hub (iSH) to design and build robots which will be showcased at a major robotics and artificial intelligence (RAI) industry event.
Real Time with… IPC APEX EXPO 2024: Industry Growth, Challenges, and Technological Advancements
05/09/2024 | Real Time with...IPC APEX EXPOEditor Nolan Johnson and Shawn DuBravac, IPC chief economist, dive into key industry topics such as growth, challenges, and technological advancements. They discuss shifts in the global competitive landscape, downstream demand, customization, and how AI is enhancing human skills. The industry outlook appears promising for both the short and long term.
IDTechEx Report: Illuminating the Future of Lidar in Automotive
05/09/2024 | PRNewswireIn the rapidly evolving landscape of Advanced Driver-Assistance Systems (ADAS) and autonomous driving, sensor technologies have emerged as a pivotal force driving innovations in the automotive industry.
Shane Whiteside of Summit Reflects on Today's PCB Landscape
05/08/2024 | I-Connect007 Editorial TeamSummit Interconnect began as a printed circuit board manufacturing company just eight years ago and has seen impressive growth organically and through acquisition. Summit President and CEO Shane Whiteside takes a few moments to share his thoughts on the growing PCB industry in the United States.
AIM Solder Signs Shinil Fl Ltd. as New Distributor for Korea
05/08/2024 | AIM SolderAIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce a new distribution partnership with Shinil Fl Ltd., a prominent supplier of technological solutions in the SMT and semiconductor sectors.