U.S. Tech Leaders Expect Moderate Job, Revenue Growth

U.S. Tech Leaders Expect Moderate Job, Revenue Growth

The 2012 Technology Industry Business Outlook highlights a shift in industry sentiment to modest expectations for employment, revenue and spending growth, and a sharper focus on operational efficiency and execution.

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There is continued optimism about industry growth, but at more moderate levels than in 2011. Key findings include:

  • The United States is identified as the geographic market with the highest percentage of employment growth over the next two years, followed by China.
  • Cloud computing and mobile applications will continue to be the biggest revenue growth drivers in the next one-to-three years.
  • Pricing pressures are cited as the most significant growth barrier facing tech companies over the next year.
  • Security and privacy governance continue to be the leading business challenges for companies adopting social media, cloud and mobile technologies.
  • Improvement is expected in the U.S. economy.

The survey reflects the responses of more than 120 U.S. senior executives in the technology industry.

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