IoT
Business/E-Business
Commentary
10/31/2007
07:03 PM
Fredric Paul
Fredric Paul
Commentary
50%
50%

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.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of July 24, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.