OnForce Confidence Index Indicates Improving Economy Isn't Helping the IT Services Industry

Half of professionals surveyed report that current economic conditions are having a negative impact on their business.  Interestingly, professionals surveyed are not as optimistic as they predicted they would be last October in OnForce's  Q4 2011 index. As a matter of fact, the current and future positive perception has remained stagnant this quarter – with a current positive perception of 27 percent and a future positive perception of 40 percent. The overall Current Index stands at 39, even though the Future Index stands at 60 – both down one point over last quarter.

This quarterly OnForce Confidence Index reflects the opinion of more than 600 innovation professionals nationwide who derive a substantial portion of their income from contract-based IT projects, including cloud computing, networking and vertical applications. These experts are on the front lines talking with clients and have a in a class by itself perspective on where the market is and where it is heading.

Signs of Economic Improvement Slow to Reach IT Service Industry During certain economic indicators, just as the Dow Jones Industrial Average and the Consumer Confidence Index, show an improving economy since Q4 2011, there are several factors that may be hindering overall economic growth - and hitting independent field service businesses especially hard.

The early adoption rates of IT professionals

Taking into account the early adoption rates of IT professionals, the OnForce Confidence Index as well analyzes trends regarding mobile device usage, serving as an indicator for broader market trends. Most significantly, the survey indicated Blackberry device usage has moved to a complete freefall,  during Android has continued steady growth, and for the first time accounts for more than half of all smart phone users.

About OnForce OnForce is the #1 source for on-site tech talent in field services in the cloud. By partnering with OnForce, service buyers can connect with thousands of highly skilled service professionals to fulfill on-site work throughout the US and Canada. With near two million service events completed, OnForce is a proven and trusted solution. Service buyers can gain extensive geographic coverage, lower service costs, extend skill-sets, and generate new streams of revenue on demand. Service professionals find work with national service companies. The company supports more than 20 IT and CE categories, just as computers, printers, networking, VoIP (Voice over Internet Protocol), Point of Sale, and more. OnForce is the partner in service. For additional information, please visit www.onforce.com.