Business is Booming for IT Companies

In the past couple years, the majority of fields in the US economy struggled significantly to stay afloat. However, one market that managed to grow in revenue is the realm of IT Consulting. According to a 2010 survey of 172 CIO’s, CTO’s and Senior IT Executives from different US companies, IT budgets and salaries consistently increased, despite the nature of the downward economy.
The survey, commissioned by The Society for Information Management, found that 65% of CIO’s reported that their IT budgets were larger in 2010 than any previous year, and almost three quarters responded that they expected an even bigger increase in 2011. The good news for consumers is that a bigger IT budget translates to an enhancement in quality. With more available funds, companies are able to afford more IT training for their staff, thus a better-equipped workforce. Additionally, businesses are using their surplus of IT finances to focus on progressing interpersonal communication. Much of the IT budget will go towards improving written and oral communication, as well as marketing and presentation skills.
The TNS Group is no exception to this trend. In 2009, our company’s revenue increased by about 16%, and is projected to carry on this upward path. With this increase in revenue, The TNS Group will continue to seek the highest level of customer satisfaction, and is committed to customer surveys to find the best possible products for our clients.