This morning, CompTIA released the results of their IT Industry Business Confidence Index for Q2 2013. The company reported that for the third consecutive quarter, the average attitude of IT organizations has grown more positive.
The Q2 2013 survey, a compilation of replies from 309 IT companies, resulted in a confidence score of 58.0 out of 100, which is nearly a two point increase from last quarter’s 56.1. Overall attitude is based on three primary factors: attitude towards the U.S. economy, attitude towards the IT Industry and attitude towards respondents’ own organization. In addition, 36% of respondents replied that they will be increasing the amount of capital invested into new technologies over the next 6 months. As a result, CompTIA analysts expect the Q3 2013 confidence number to rise another two points.
Though things are starting to look up for the IT sector, CompTIA’s Vice President of Research, Tim Herbert, explains that the coast isn’t quite clear yet: “a number of factors are still cause for concern, such as the stubbornly high unemployment rate, the unknown effects of the federal government sequestration cuts or turmoil overseas. Business sentiment can quickly deteriorate with bouts of volatility,” he said in a press release this morning.
The full report is currently available for free to all CompTIA members, or you may contact research(at)comptia(dot)com for information.