Research: IT Market Confidence Levels

VERNON HILLS, Ill. -- Confidence among IT professionals appears to be stabilizing, and in some areas is showing a slight uptick, according to the latest version of the CDW IT Monitor, a bimonthly indicator of the direction and momentum of the IT marketplace.

The overall CDW IT Monitor index went up one point from the April reading to stand at 73. This reading is equal to the February 2008 score. The increase is supported by readings for both the IT Growth Monitor, currently up one point from April at 69, and the IT Value Monitor, currently up one point from April at 77.

The CDW IT Monitor is based on an online survey of at least 1000 IT decision makers from businesses of all sizes and all sectors of government. It is composed of two sub-indices, the IT Value Monitor, which measures the value of IT in achieving organizational objectives and satisfying decision makers' expectations, and the IT Growth Monitor, which measures future IT expectations within organizations. Data breakdowns for all corporate and government segments are available at www.cdwitmonitor.com.

As IT decision makers assess the economic environment they are readjusting their expectations leading in to the second half of the year,” said CDW Vice President Mark Gambill, the company’s executive responsible for market insights. “While a few are expecting increases in technology related spending, others are lengthening project cycle times to optimally manage cost instead of cutting projects altogether.”

CDW Corp.