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    Information Technology Industry Business Outlook and Procurement Survey H1 2017

    Information Technology Industry Business Outlook and Procurement Survey H1 2017

    • Report Code ID: RW00011016587
    • Category Technology, Media, & Telecommunications
    • No. of Pages 48
    • Publication Month Aug-17
    • Publisher Name GlobalData
    Information Technology Industry Business Outlook and Procurement Survey H1 2017

    Summary

    GlobalData's "Information Technology Industry Business Outlook and Procurement Survey H1 2017", examines executives' opinion on the business outlook and procurement activities over July 2017-December 2017. Organizations can know about key business priorities, supplier price variations, changes in capital expenditure, and organizations' perspective on e-procurement. Additionally, it provides information categorized by region and company type.

    In the midst of uneven economic conditions, rising competition, and pricing pressure within the IT industry, companies are planning to increase focus on expansion in current market, improving operational efficiency, and new product development in H1 2017 (July-December 2017). Mergers and acquisitions are expected to increase within the IT industry in H1 2017. Additionally, global IT industry business executives expect a surge in capital expenditure on new product development and research and development over the next six months. Globally, IT organizations' procurement expenditure is expected to increase by an average of 4.3% over the next six months.

    What else does this report offer-
    -Key business priorities-examines the IT companies' important priorities for July 2017-December 2017
    -Emerging and developed markets-provides information about key emerging and developed markets, which will offer the most growth over the next six months
    -Change in M&A activity-analyzes IT industry executives' opinion on changes in merger and acquisition activity globally
    -Business concerns-identifies major business concerns that are likely to impact manufacturers and suppliers
    -Change in capital expenditure-tracks the expected change in capital expenditure both globally and regionally
    -Change in procurement activities-evaluates how procurement activities will change in the IT industry over the next six months
    -Procurement budget outlook-projects procurement budget allocation along with changes in procurement expenditure over July 2017-December 2017
    -Supplier prices outlook-determines the expected change in supplier prices over July 2017-December 2017
    -E-procurement-identifies executives' perspective towards e-procurement within the IT industry

    Scope

    -The top three key expected priorities as identified by respondents are-expansion in current markets, improving operational efficiency, and new product development
    -Developed markets such as the US, the UK, and Germany are identified as important regions for growth over the next six months by IT industry respondents
    -New product development, and research and development are projected to record a significant increase in capital expenditure over the next six months
    -Executives expect procurement activities for IT services and technology and license purchases to increase during July-December 2017
    -In total, 28% of executives who operate in North America have no awareness about their organizations' e-procurement

    Reasons to buy

    -Highlights key business priorities thus helping IT companies to realign business strategy
    -Develop or adjust business expansion plans by using significant growth-offering emerging and developed markets
    -Make changes in procurement budget allocations through procurement budget projections anticipated by executives for July 2017-December 2017
    -Implement effective price management by viewing supplier price variations highlighted for the next six months.
    Table of Contents
    Introduction
    Definitions
    Methodology and sample size
    Respondent profile

    Global Business Outlook in July 2017-December 2017
    Strategic business priorities
    Emerging markets with significant growth potential
    Growth potential for developed markets
    Mergers and acquisition
    Leading business concerns
    Capital expenditure projections

    Procurement Behaviors and Strategies
    Potential changes in procurement resources and objectives
    Procurement activity outlook in key areas
    Global procurement budget projections
    Planned change in procurement expenditure
    Supplier prices outlook
    Organizations' viewpoints on E-procurement

    Appendix



    List of Figures
    Figure 1-Organizations ' Top Priorities-Overall (Jul 2017-Dec 2017)
    Figure 2-Organizations ' Top Five Priorities-By Region
    Figure 3-Organizations ' Top Five Priorities-By Company Types
    Figure 4-Emerging Market with Significant Growth Opportunities-Overall (Jul 2017-Dec 2017)
    Figure 5-Top Five Emerging Market with Significant Growth Opportunities-By Region
    Figure 6-Top Five Emerging Market with Significant Growth Opportunities-By Company Types
    Figure 7-Developing Markets with Prominent Growth Prospects-Overall (Jul 2017-Dec 2017)
    Figure 8-Top Five Developing Markets with Prominent Growth Prospects-By Region
    Figure 9-Top Five Developing Markets with Prominent Growth Prospects-By Company Types
    Figure 10-Change in Mergers and Acquisitions, Overall (Jul 2017-Dec 2017)
    Figure 11-Change in Mergers and Acquisitions, Regional
    Figure 12-Change in Mergers and Acquisitions, By Company Types
    Figure 13-Major Concerns for Organizations-Overall (Jul 2017-Dec 2017)
    Figure 14-Top Five Major Concerns for Organizations-By Region
    Figure 15-Top Five Major Concerns for Organizations-By Company Types
    Figure 16-Change in Capital Expenditure in Key Areas-Overall (Jul 2017-Dec 2017)
    Figure 17-Procurement Resources and Objectives Expectations-Overall (Jul 2017-Dec 2017)
    Figure 18-Top Four Procurement Resources and Objectives Expectations-By Region
    Figure 21-Top Four Procurement Resources and Objectives Expectations-By Company Types
    Figure 22-Change in Procurement Activities in Strategic Areas-Overall (Jul 2017-Dec 2017)
    Figure 23-Change in Procurement Activities in Strategic Areas-By Region
    Figure 24-Change in Procurement Activities in Strategic Areas-By Company Types
    Figure 25-Global Procurement Budget Outlook-Overall and Regional (Jul 2017-Dec 2017)
    Figure 26-Global Procurement Budget Outlook-By Company Types
    Figure 27-Change in Procurement Expenditure-Overall and Regional (Jul 2017-Dec 2017)
    Figure 28-Change in Procurement Expenditure-By Company Types (Jul 2017-Dec 2017)
    Figure 29-Supplier Prices Expectations-Overall (Jul 2017-Dec 2017)
    Figure 30-Supplier Prices Expectations-By Region
    Figure 31-Supplier Prices Expectations-By Company Types
    Figure 32-Organizational Perspective on E-Procurement-Overall (Jul 2017-Dec 2017)
    Figure 33-Organizational Perspective on E-Procurement-By Region
    Figure 34-Organizational Perspective on E-Procurement-By Company Types

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