Thibodeaux Talks
SMBs see growth opportunities over the next 12 months
It’s nice to hear some good news, and that’s exactly what I have to report. According to our most recent research survey, small- and medium-sized businesses expect to see real growth opportunities over the next 12 months.
The survey of 772 SMBs in the U.S., Canada, and United Kingdom found that 85 percent plan to hire new employees over the next 12 months; 54 percent anticipate revenue growth of 10 percent or more; and 40 percent plan to add new business locations.
Impressive statistics, indeed. However, they are a bit more cautious when it comes to information technology/telecommunications spending. The CompTIA study found that 51 percent of SMBs surveyed intend to increase their tech spending over the next 12 months; while 49 percent expect their tech spending to remain flat or to decline.
Not necessary bad news, I do see a silver lining here. Small- and mid-sized businesses have made significant technology investments over the past dozen years. In the past, tech spending might have been one of the first line items slashed when times got tough. Today, they are savvier because they rely on technology for an increasing amount of their core business operations. It’s encouraging to see that the majority of SMBs plan to maintain, if not increase, current tech spending during this time of economic uncertainty. And that’s good news for everyone.
For information on this and other CompTIA research, visit www.comptia.org/research.
Todd Thibodeaux
President/CEO, CompTIA
Email
Print
Mobile