Report: SMB Tech Spending to Increase Steadily Through 2012
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
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.