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Global News / Markets
Over 60% large US info tech cos expect better biz: Survey

NEW YORK: A majority of the large and medium-size IT entities in the US expect better business performance in the second half of 2009, while many plan to hire staff in the coming months.

About 61 per cent of the large businesses and 60 per cent of medium enterprises surveyed anticipate better company performance in the second half of this year, says a report by technology solutions provider CDW Corporation.

According to the CDW IT Monitor, an indicator that tracks the momentum of the American IT sector, large businesses are those which employ more than 1,000 employees while medium-size companies employ about 100-999 people.

“Large and medium-size businesses are increasingly planning to invest in IT products and staff as confidence among IT decision makers begins returning to the corporate sector,” the survey said.

The report noted that 83 per cent of medium-size businesses expect to purchase new software in the second half of 2009 and 28 per cent of large businesses anticipate to hire additional staff during the same period.

“Additionally, 52 per cent of federal IT decision makers anticipate budget increases in the next six months (second half of this year), an increase of 17 per cent since April and the largest leap in the government sector to date,” it said. – PTI

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