OnForce: Reduced Business IT Spending Hurting Profits

While IT field service professionals are pessimistic about the economy, nearly 25 percent have seen an increase in business during these tough times.
You may already know this, but it's tough times for technology professionals today. A new survey shows just over 51 percent of IT field service professionals said that reduced business spending and few IT service job opportunities has hurt their bottom lines. Online technology talent marketplace OnForce has launched this new quarterly study that measures business confidence. Called the OnForce IT Field Services Confidence Index, the study shows that entrepreneurs in IT field services are pessimistic about the current economic situation. "These small businesses are on the front lines of the IT industry and are a great indicator of what's really happening in IT," said Peter Cannone, CEO of OnForce. "This new index adds a clear, quantitative measure that will give the industry a way to move beyond broad generalizations and anecdotes." Here's a look at what they said, including the silver linings reveal an underlying optimism.
This article was originally published on 2011-10-18
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