CompTIA: IT industry business confidence dips in Q2

The index of business confidence CompTIA has decreased slightly in Q2, but most of the companies surveyed say they are on track to meet its 2016 revenue targets.

Confidence in the computer industry had a slight decline in the second quarter of executives and professionals CompTIA survey.

IT industry confidence CompTIA Business Index, released this week, fell 0.9 points to 63.1 on a scale of 100 points. The index recorded gains over the previous two quarters. The second quarter 2016 reading was based on an online survey of 277 IT companies and is administered in early April. The survey asked a number of IT companies, including hardware and software vendors and channel companies.

The results of the survey suggest that the volatility of the stock market earlier this year and other factors such as concerns about consumer spending might be in the spirit of the computer industry corporate staff. Tim Herbert, senior research and market intelligence in CompTIA vice president, said the organization will wait to see what the next few quarters before using the determination that the data Q2 is something a pothole.

Recent research suggests some flexibility in IT spending. Techaisle research firm earlier this week predicted a decrease of 2% in 2016 IT spending among companies with 50 or fewer employees. Also this week, IDC reported a growth of "minimal" first quarter in smartphone shipments worldwide, citing "high saturation of smartphones in developed countries."

That said, Herbert said the results of the survey reflect optimism about business conditions in the computer industry. CompTIA research found that 75% of companies indicate that they are "on target or tracking ahead" of its 2016 earnings targets.

Herbert said that IT services in particular continue to see strong demand. He told the story, however, may be different for existing distributors or dealers added value in terms of hardware sales. Herbert also noted healthy demand for services among small and medium enterprises (SME) customers modernize and update inherited, business processes such as paper-based contracts and billing.