The index increased 3.3 points in August to 52.3 (0-100 scale). The Index, an aggregation of three confidence measures, is based on the collective opinions of 200 technology companies. The data suggests that companies have begun to reset expectations with an eye towards an improved economic landscape, explained Tim Herbert, CompTIA vice president of market research, in a statement.
Additionally, staffing levels may start to see some improvement as IT firms anticipate renewed demand for their products. Fifty-three percent (53%) of IT companies in the study expect to hold staffing levels constant, while 29% expect to increase hiring over the next six months.
About the Survey
CompTIAs IT Industry Business Confidence survey is conducted among a sample of more than 200 US-based IT companies, ranging from IT solution providers, VARs, hardware/software firms and others. The most recent iteration of the survey was fielded via an online survey form during the last week of August 2009. The full report is available at no cost to CompTIA members.