IT industry bristling with confidence


IT industry bristling with confidence

IT industry professionals are confident that business over the next six months will match and better their clear success in the first half of 2006.

Some 63% of the members of UK technology trade body Intellect surveyed by KPMG feel more bullish about the general business outlook than six months ago.

“This feeling of optimism is supported by the fact that for most companies, sales volumes and values appear to have risen in tandem, with the majority reporting an increase or stable results over the past six months,” says Intellect director general John Higgins.

Export sales are holding up, and members – particularly in the public sector – are upbeat about domestic demand for their products and services.

The respondents identify greater spending on science and technology education and better tax allowances for research and development as factors that could boost their positive outlook even further.

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