IoT
Business/E-Business
Commentary
8/14/2008
07:37 PM
Jake Widman
Jake Widman
Commentary
50%
50%
RELATED EVENTS
IoT & Insurance: How Big Data May Affect Your Privacy & Premiums
May 06, 2016
Gwenn Bezard is co-founder and research director at Aite Group, where he leads the insurance pract ...Read More>>

Report: SMB Tech Spending to Increase Steadily Through 2012

InformationWeek

According to new research from Compass Intelligence, small and midsized firms will increase their information and communications technology (ICT) spending by 6 to 8 percent a year through 2012, accounting for $413 billion that year.The five-part report, entitled "Economy 2.0: New Challenges & Opportunities in Business ICT Spending," says that U.S. businesses will spend $688 billion on ICT services, equipment, outsourcing, and personnel, this year, with small businesses accounting for 32 percent of that. By 2012, small businesses will be spending nearly $280 billion, according to the report, while midsize businesses will spend more than $133 billion. Managed and hosted services, wireless, and some networking are predicted to be the fastest-growing technology sectors.

"Leveraging new technologies, particularly Web 2.0, where business customers leverage the Internet in new and creative ways to connect with their partners and customers, will drive business IT spending for the next couple years, with the greatest impacts being felt in the small business market," said Kneko Burney, Compass Intelligence president and CEO.InformationWeek

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for InformationWeek Newsletters
White Papers
Current Issue
4 Trends Shaping Digital Transformation in Insurance
Insurers no longer have a choice about digital adoption if they want to remain relevant. A comprehensive enterprise-wide digital strategy is fundamental to doing business today.
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 April 24, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week!
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.