Smaller Companies Optimistic On Growth, Tech Investments
Bullish on their growth prospects, many small and midsize companies are planning significant investments in such new technologies as storage VoIP, virtualization, and Wi-Fi.
Bullish on their growth prospects, many small and midsize companies are planning significant investments in such new technologies as storage VoIP, virtualization, and Wi-Fi.According to a new survey 21% of smaller companies expect to grow by 20% or more in the next year, while 45% expect at least 10% growth. (Conducted by AMI-Partners for the Computer Technology Industry Association, the survey queried 724 businesses with 10 to 999 employees.)
That kind of growth means new hiring and new locations: Nine out of ten respondents plan to hire new workers while a third plan to open a new business location.
Significantly, smaller companies also plan to pour resources into proactive technology investments. Tops on their wish lists: data backup, storage and disaster recovery (29%), VoIP (24%), server virtualization and consolidation (19%), Wi-Fi (18%), and storage area networking (13%).
According to CTIA, this represents a sea-change for many smaller companies. Instead of waiting until something breaks to buy new technology, these firms are actively looking for ways to "leverage their networks and boost productivity and efficiency."
Here at bMighty, we think they're making the right choice.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
Join InformationWeek’s Lorna Garey and Mike Healey, president of Yeoman Technology Group, an engineering and research firm focused on maximizing technology investments, to discuss the right way to go digital.