Tag: IT services
-
Tech Industry M&A Market Holds Strong
Categories: Tech CompaniesMergers and acquisitions Tech Industry M&A Market Holds Strong The number of mergers and acquisitions in the tech industry dropped slightly in Q3 while deal value went up 3 percent from Q2, new research shows. Holding Steady There were 62 tech industry M&A deals in the third quarter of worth $25.1 billion, compared with 65… Read more
-
Taking Mobility to the Next Level
Categories: Mobile DevicesThe paradox of mobile computing as far as the channel is concerned is that while there isn’t much money to made selling mobile computing devices, it turns out that the ecosystem of products and services surrounding mobile computing is often immensely profitable. However, as mobile devices begin to saturate the enterprise, solution providers are now… Read more
-
IT Services, Other Tech Sectors See Jobs Growth
Categories: News and TrendsTech Jobs in the US Significant Player The tech industry accounts for 7.1% of the total U.S. gross domestic product. U.S. Tech Industry Employment: Overall An estimated 6.5 million workers were employed in the U.S. tech industry in 2014, up from about 6.4 million in 2013. U.S. Tech Industry Employment: IT Services IT services companies… Read more
-
Cloud Usage Patterns Point to a Maturing Market
Categories: Cloud ComputingCloud building Type of Clouds in Use Private cloud adoption passes public cloud usage. Although 40% reported using a public cloud, 49% are using a private cloud. Cloud Adoption Rates IT organizations now think “cloud first.” A full 85% will have adopted cloud computing by 2018. Private Cloud Market Size Opportunity The 2014 private cloud… Read more
-
Disruptive Power of Tech Spawns Buyouts, Spin-Offs
Categories: Tech CompaniesDisruptive Power of Tech Spawns Buyouts, Spin-Offs Big Money There were 64 IT industry deals worth more than $30 billion, combined, in the third quarter, compared with 70 deals worth $27.7 billion in the prior quarter. Sector Breakdown: IT Services The IT services sector saw nine deals worth $8 billion, combined, in the latest quarter,… Read more
-
IT Services Sector Continues to Add Jobs
Categories: CareersIT hiring Slight Uptick in Tech Jobs The U.S. tech industry grew by 1.9%, or nearly 119,000 jobs, in the first six months of 2014, employing 6.3 million people as of June 2014. This is slightly higher than the 1.8% growth during the same period in 2013. Fastest Growth R&D, testing and engineering services experienced… Read more