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IDC: Economy Biggest SMB Influence

FRAMINGHAM, Mass. -- A new report from IDC finds more concern about the economy among SMBs worldwide than interest in the most potentially innovative new technology. Current economic growth and business conditions are by far the greatest concern for small and midsize businesses, particularly in North America, Latin America, and Western Europe, the new study indicates.

"While the growth of SMB investment in technology will continue to outpace spending growth in larger firms, economic and business conditions are on everyone's mind," said John Roberts, Ph.D., research manager for Global SMB Research at IDC. "Despite the global slowdown, SMBs across all regions need to look ahead to when the global economy rebounds. Most still have a near term focus, with only modest interest in technology areas that have been getting a lot of attention elsewhere."