CompTIA’s IT Industry Business Confidence Index rose noticeably this quarter. Study respondents expect revenues to meet or exceed goals.
The overall CompTIA IT Industry Business Confidence Index—which is based on IT executives’ opinions of the U.S. economy, the IT industry and their own companies—currently stands at 62.8, up from 60.6 in the last quarter.
65% of IT industry execs said it is likely that their companies will meet sales goals for the year, but that’s down from 71% in third quarter.
67% of execs at large tech firms said they are on-target to meet revenue goals for this year, and 11% said they’re tracking ahead of pace for these goals.
58% of execs at midsize IT firms said they are on-target to meet 2015 revenue goals, and 15% said they are tracking ahead of pace for these goals. Just under one-half of execs at small tech firms said they are on target to meet this year’s revenue goals, and 16% said they are pacing ahead of this year’s revenue goals.
23% said their organizations’ ability to reach new customer segments will result in the meeting or exceeding of sales goals, while 17% cited an uptick in business from existing customers.
21% said they expect that improvements in internal operations will enable their company to perform more efficiently and profitably.
61% said customers postponing purchases “keeps them awake at night.”
32% said customers opting out of major IT purchases for less expensive or smaller ones keeps them awake at night.
69% said their integration services are performing as expected, and 10% said these services are over-performing expectations.
68% said the performance of their mobile devices is matching expectations, while 14% said these devices are surpassing expectations.
64% said their cloud infrastructure/infrastructure-as-a-service products are meeting expectations, and 12% said they’re exceeding them.
61% said their cloud apps/software-as-a-service solutions are performing as expected, while 15% said they’re exceeding expectations.