Over 60% US infotech cos bullish on biz

Font Size

Print

Feedback

Email

Discuss

Related Articles

Govt may help Satyam raise financingMegasoft: no material impactIT caught in slowdown web

New York: A majority of the large and medium-size IT entities in the US expect better business performance in the second half of 2009, while many plan to hire staff in the coming months.

About 61% of the large businesses and 60% of medium enterprises surveyed anticipate better company performance in the second half of this year, says a report by technology solutions provider CDW Corporation.

According to the CDW IT Monitor, an indicator that tracks the momentum of the American IT sector, large businesses are those which employ more than 1,000 employees while medium-size companies employ about 100-999 people.

“Large and medium-size businesses are increasingly planning to invest in IT products and staff as confidence among IT decision makers begins returning to the corporate sector,” the survey said.

The report noted that 83% of medium-size businesses expect to purchase new software in the second half of 2009 and 28% of large businesses anticipate to hire additional staff during the same period.

“Additionally, 52% of federal IT decision makers anticipate budget increases in the next six months (second half of this year), an increase of 17% since April and the largest leap in the government sector to date,” it said. Around 1,000 IT decision makers from businesses of all sizes and all sectors of government were surveyed online.

On the other hand, only 21% of IT decision makers in small businesses and 17% of those in the local government expect an increase in IT budgets in the coming months.

Small businesses are defined as those having up to 99 employees.

“This downturn has not followed the path of previous ones, making it more difficult to predict the shape of the recovery,” the company’s executive responsible for market insights Mark Gambill said.

“But IT confidence has held steady for nearly four months, and we are now beginning to see signs of a patchy turnaround with medium and large businesses anticipating future growth,” Gambill added.