U.S. Small and Midsize Business IT Spending Continues to Bounce Back From Recession’s Low Point, According to IDC

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

 

 

 

IDC Press Release

Despite persisting economic challenges, small and medium-sized business (SMB) IT spending growth has returned more rapidly than expected since the recession officially ended in 2009. Access to credit is still limited and firms remain reluctant to add new employees, but emerging technologies are disrupting established patterns of IT acquisition and the nearly 8 million SMBs in the United States will spend more than $125 billion on advanced technology in 2011,according to a new International Data Corporation (IDC) forecast.

“SMBs account for an increasing share of overall corporate IT spending in the U.S.,” said Justin Jaffe, senior research analyst for Small/Medium-Sized Business and Home Office research at IDC. “Vendors that understand how changing economic conditions and emerging technologies are affecting IT acquisition for different company size segments will have a considerable advantage in developing and marketing technology products and services for SMBs.”

Additional key findings of this study include the following Read more

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