UK tech firms the most optimistic about growth

CompTIA’s IT Industry Consensus Growth Forecast shows that, on average, the UK is the most optimistic market, forecasting growth of 4.9 percent, with some even predicting growth as high as seven percent.

Industry executives were questioned about growth covering hardware, software, services and telecoms, supplemented with new revenue streams from emerging categories.

Tim Herbert, senior vice president, research and market intelligence, CompTIA, said: “Businesses of all sizes increasingly recognise the need to remake their workflows and customer engagement practices with an eye towards digital transformation.

If investments in these technologies accelerate, and the economy holds steady, growth could lean towards the upside of the forecast.”

In its IT Industry Outlook 2016, CompTIA identifies trends that are expected to further make their mark on the IT industry, IT channel, IT workforce and broader economy in the year ahead.

Cloud computing, mobility, social, workforce automation, big data, the Internet of Things and other disruptors will continue to expand their reach in 2016,” Herbert said. “Many organisations will move beyond the experimental, early adopter stage into broader, more varied uses of these technologies as they seek to capture the benefits of becoming a digital business.”

The IT Industry Outlook 2016 is based on 673 responses from IT industry companies in the US, UK and Canada. In the UK, 103 companies participated in the survey.

@AntonySavvas

Antony Savvas

York, UK-based Antony Savvas has been a technology journalist for 25 years and has expertise in all major areas of enterprise and consumer IT. He has worked for a number of leading technology magazines and websites and his work is syndicated across the internet. He also undertakes corporate work for some of the world's leading technology companies.

Share
Published by
Antony Savvas

Recent Posts

Flashpoint enters new chapter with global partner programme

Security vendor Flashpoint debuts partner programme following $28m funding

7 years ago

Channel partner “disconnect” hindering growth

Complex buying journeys and sprawling partner networks hampering customer experience, says Accenture

7 years ago

Cyxtera launches global channel partner programme

Datacentre provider Cyxtera says launch is “milestone in our go-to-market strategy”

7 years ago

US IT provider brings mainframe services to UK

Ensono highlights importance of mainframes still to major industries

7 years ago

VASCO and Nuvias expand distribution across EMEA

Security vendor VASCO looks to replicate UK and German set up across EMEA

7 years ago

Splunk says channel investments driving growth

Splunk details investment in Partner+ programme at .conf2017

7 years ago