Four out of five tech industry execs expect their revenue to increase over the next 12 months, with about a third anticipating an increase of 6% or greater.
51% said data and analytics will be their biggest revenue driver for the next 24 months, up from 33% in 2013.
41% said mobile will be their biggest revenue driver, up from 38% in 2013.
40% reported that the cloud will be their biggest revenue driver, compared with 38% last year.
28% said that IT security will be their biggest revenue driver, up from 16% in 2013.
86% said that tech innovation to create competitive distinction will be the top business transformer for the next three to five years; 72% said customer demand will be.
65% said they’re involved with mergers and acquisitions to access new technologies/products, and 49% pursue M&A to gain entry to new customers/users. Another 31% are looking to access engineering and other talent.
More than two-thirds cited the speed of economic recovery as a top barrier to growth, while 36% indicated that disruptive technology is.
28% said that the lack of available visionary leadership is hurting their organization’s expansion.
85% said their companies have not suffered a security breach in the last 12 months.
81% of respondents said the United States is the top market for their companies’ revenue growth; this figure is higher than results in three previous annual surveys.
47% of those polled said China was the top market, down from last year’s 53%.