Information Technology Industry Business Outlook and Procurement Survey H1 2017

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

GlobalData’s "Information Technology Industry Business Outlook and Procurement Survey H1 2017", examines executives’ opinion on the business outlook and procurement activities over July 2017-December 2017. Organizations can know about key business priorities, supplier price variations, changes in capital expenditure, and organizations’ perspective on e-procurement. Additionally, it provides information categorized by region and company type.

In the midst of uneven economic conditions, rising competition, and pricing pressure within the IT industry, companies are planning to increase focus on expansion in current market, improving operational efficiency, and new product development in H1 2017 (July-December 2017). Mergers and acquisitions are expected to increase within the IT industry in H1 2017. Additionally, global IT industry business executives expect a surge in capital expenditure on new product development and research and development over the next six months. Globally, IT organizations’ procurement expenditure is expected to increase by an average of 4.3% over the next six months.

What else does this report offer?
– Key business priorities: examines the IT companies’ important priorities for July 2017-December 2017
– Emerging and developed markets: provides information about key emerging and developed markets, which will offer the most growth over the next six months
– Change in M&A activity: analyzes IT industry executives’ opinion on changes in merger and acquisition activity globally
– Business concerns: identifies major business concerns that are likely to impact manufacturers and suppliers
– Change in capital expenditure: tracks the expected change in capital expenditure both globally and regionally
– Change in procurement activities: evaluates how procurement activities will change in the IT industry over the next six months
– Procurement budget outlook: projects procurement budget allocation along with changes in procurement expenditure over July 2017-December 2017
– Supplier prices outlook: determines the expected change in supplier prices over July 2017-December 2017
– E-procurement: identifies executives’ perspective towards e-procurement within the IT industry

Scope

– The top three key expected priorities as identified by respondents are: expansion in current markets, improving operational efficiency, and new product development

– Developed markets such as the US, the UK, and Germany are identified as important regions for growth over the next six months by IT industry respondents

– New product development, and research and development are projected to record a significant increase in capital expenditure over the next six months

– Executives expect procurement activities for IT services and technology and license purchases to increase during July-December 2017

– In total, 28% of executives who operate in North America have no awareness about their organizations’ e-procurement

Reasons to Buy

– Highlights key business priorities thus helping IT companies to realign business strategy

– Develop or adjust business expansion plans by using significant growth-offering emerging and developed markets

– Make changes in procurement budget allocations through procurement budget projections anticipated by executives for July 2017-December 2017

– Implement effective price management by viewing supplier price variations highlighted for the next six months.

TCS
Capgemini
Wipro
Tech Mahindra
CA Technologies
Veracode
IBM
Microsoft
SAP

Table of Contents

Table of Contents

Introduction

Definitions

Methodology and sample size

Respondent profile

Global Business Outlook in July 2017-December 2017

Strategic business priorities

Emerging markets with significant growth potential

Growth potential for developed markets

Mergers and acquisition

Leading business concerns

Capital expenditure projections

Procurement Behaviors and Strategies

Potential changes in procurement resources and objectives

Procurement activity outlook in key areas

Global procurement budget projections

Planned change in procurement expenditure

Supplier prices outlook

Organizations’ viewpoints on E-procurement

Appendix

Figures

List of Figures

Figure 1: Organizations ‘ Top Priorities – Overall (Jul 2017-Dec 2017)

Figure 2: Organizations ‘ Top Five Priorities – By Region

Figure 3: Organizations ‘ Top Five Priorities – By Company Types

Figure 4: Emerging Market with Significant Growth Opportunities – Overall (Jul 2017-Dec 2017)

Figure 5: Top Five Emerging Market with Significant Growth Opportunities – By Region

Figure 6: Top Five Emerging Market with Significant Growth Opportunities – By Company Types

Figure 7: Developing Markets with Prominent Growth Prospects – Overall (Jul 2017-Dec 2017)

Figure 8: Top Five Developing Markets with Prominent Growth Prospects – By Region

Figure 9: Top Five Developing Markets with Prominent Growth Prospects – By Company Types

Figure 10: Change in Mergers and Acquisitions, Overall (Jul 2017-Dec 2017)

Figure 11: Change in Mergers and Acquisitions, Regional

Figure 12: Change in Mergers and Acquisitions, By Company Types

Figure 13: Major Concerns for Organizations – Overall (Jul 2017-Dec 2017)

Figure 14: Top Five Major Concerns for Organizations – By Region

Figure 15: Top Five Major Concerns for Organizations – By Company Types

Figure 16: Change in Capital Expenditure in Key Areas – Overall (Jul 2017-Dec 2017)

Figure 17: Procurement Resources and Objectives Expectations – Overall (Jul 2017-Dec 2017)

Figure 18: Top Four Procurement Resources and Objectives Expectations – By Region

Figure 21: Top Four Procurement Resources and Objectives Expectations – By Company Types

Figure 22: Change in Procurement Activities in Strategic Areas – Overall (Jul 2017-Dec 2017)

Figure 23: Change in Procurement Activities in Strategic Areas – By Region

Figure 24: Change in Procurement Activities in Strategic Areas – By Company Types

Figure 25: Global Procurement Budget Outlook – Overall and Regional (Jul 2017-Dec 2017)

Figure 26: Global Procurement Budget Outlook – By Company Types

Figure 27: Change in Procurement Expenditure – Overall and Regional (Jul 2017-Dec 2017)

Figure 28: Change in Procurement Expenditure – By Company Types (Jul 2017-Dec 2017)

Figure 29: Supplier Prices Expectations – Overall (Jul 2017-Dec 2017)

Figure 30: Supplier Prices Expectations – By Region

Figure 31: Supplier Prices Expectations – By Company Types

Figure 32: Organizational Perspective on E-Procurement – Overall (Jul 2017-Dec 2017)

Figure 33: Organizational Perspective on E-Procurement – By Region

Figure 34: Organizational Perspective on E-Procurement – By Company Types

Frequently asked questions

Information Technology Industry Business Outlook and Procurement Survey H1 2017 standard reports
Currency USD
$1,950

Can be used by individual purchaser only

$5,850

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Information Technology Industry Business Outlook and Procurement Survey H1 2017 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Information Technology Industry Business Outlook and Procurement Survey H1 2017 in real time.

  • Access a live Information Technology Industry Business Outlook and Procurement Survey H1 2017 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.