Tech industry analyst firm CompTIA released its annual IT Industry Outlook today, and 2017 is looking bright.
“With the groundwork of cloud, mobility, data and connectivity laid, the year ahead will see evolutionary advances on many fronts,” said Tim Herbert, senior vice president for research and market intelligence at CompTIA.
“Digital business transformation remains a driving force for small and large enterprises alike,” Herbert explained. “Organizations will have the opportunity to explore advances in virtual reality, artificial intelligence, advanced analytics, the Internet of things, and inevitably, a few unexpected breakthroughs. Those playing catch-up will face growing and potentially new forms of competitive pressures.”
Click through for 10 top takeaways from the report.
CompTIA projects global industry growth of 4.1 percent in 2017. If that growth rate is realized it will push the global IT industry past the $3.5 trillion mark by year’s end.
CompTIA’s IT Industry Business Confidence Index for Q1 reached a new high, signaling an economy on solid footing and a positive outlook among tech executives and business owners.
Headline-making security breaches are not yet driving companies to revolutionize their approach to security. Most firms remain not fully prepared for a cyberattack.
Even with an anticipated long adoption cycle, the Internet of Things is primed to be a major disruptor as more physical objects gain intelligence and connectivity.
The lineup of sources for technology solutions will expand as digital agencies, marketing firms, accountants and other non-traditional entities get into the business.
The number of cloud computing companies and services will continue to proliferate, giving customers more options – and potentially creating more confusion.
The blended workforce of full-time, temporary and contract workers will continue to evolve as “match-making” employment platforms create new options for employers and workers.
The use of artificial intelligence, virtual assistants and other knowledge-based systems will intensify the debate over technology’s impact on employment.
Given the breadth and pace of innovation, all signs point to a widening skills gap in many areas.
On the other side of the ledger, many employers still lag in hiring or professional development best practices. Just one in four IT professionals believe their employer utilizes their talent and skill to the fullest extent.
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