12 trends that will boost profits in IT Channel

The global IT industry is forecasted to grow by 5 per cent in 2018
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The global IT industry is forecasted to grow by 5 per cent in 2018

Strong customer demand for business-changing technologies, coupled with new disruptive software and services, will drive growth in the IT industry over the next 12 months. In fact the global IT industry is expected to grow by 5 per cent, according to a new report released by CompTia. In total CompTIA has identified 12 trends that will provide profitability in 2018 (see gallery, below).

The data indicates the positive sentiment is generally broad based, with executives from the largest tech firms to the smallest managed service providers expecting favourable business conditions to continue. “Beyond strong economic fundamentals, the growth story revolves around the spending associated with companies entering new phases of digital transformation,” said Tim Herbert, CompTIA’s senior vice president for research and market intelligence.

“CEOs and boardrooms across every industry sector in the economy are waking up to the fact that inaction or even incrementalism may be inadequate in the face of rapidly changing business dynamics brought on by the Internet of Things, artificial intelligence, machine learning, and related emerging technologies.”

He added: “Additionally, the trends unfolding in the year ahead will do so in an environment of high expectations; namely, for business value, security, transparency, and equal access to opportunity.”

The complete report is available at https://www.comptia.org/resources/it-industry-trends-analysis

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