Survey Finds IT Firms Optimistic About the Rest of 2010

Written By
AP
Andy Patrizio
Jul 9, 2010

“Despite whispers of a double dip recession hitting next year,
the near-term IT buying outlook looks good, according to a study
conducted by the IT industry association CompTIA. Six in ten IT
firms surveyed said they expect revenues in the third and fourth
quarters to significantly or moderately exceed revenues from the
first half of the year.

“The CompTIA survey panel expects the Business Confidence Index
to increase 5.4 points over the next six months, although the index
did slip 1.4 points from May to June of this year.

“”IT industry executives remain relatively confident about the
tech sector and about their firm’s prospects, but concern over the
health of the U.S. economy persists,” Tim Herbert, vice president
of research for CompTIA, said in a statement. “In some ways the
results point to a ‘two steps forward, one step back’ mentality,
where positive news and momentum are followed by unexpected bad
news and a renewed sense of negativity about economic
conditions.”


Complete Story

AP

Andy Patrizio

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