Sixty-one per cent of respondents feel more confident about technology sector prospects, with 57pc expecting to increase jobs in 2011, a new survey conducted by Eurocom Worldwide Survey suggests.
According to the Eurocom Worldwide Technology Market Survey 2011, conducted by Eurocom Worldwide, the global PR network, in association with Irish agency, Simpson Financial & Technology PR, senior executives are optimistic about prospects for the global technology sector this year. Some 664 senior executives in technology based businesses across more than 30 countries worldwide participated in the survey.
“Our survey shows a big turnaround in technology market confidence over the last two years. When we conducted the survey in early 2009, just 13pc of respondents were more confident and almost half were less confident about the 12 months ahead," said Ronnie Simpson of Simpson FT PR.
"Anecdotally, we have also seen a more positive view from our Irish tech clients and a pickup in hiring despite the difficult Irish economic situation.”
In this year’s survey, only 8pc of global respondents are less confident about prospects for the next 12 months – 57pc of respondents expect the business they work for to increase employment this year, with only 9pc expecting to cut jobs, and 34pc maintaining current employment levels.
Sixty-six per cent believe the global economy is now recovering from recession and 58pc believe that recession in their country has ended. However, 37pc still believe their country is still in recession.
Mads Christensen, network director of Eurocom Worldwide, said, “this is the eighth year of our global technology snapshot of confidence levels. The results suggest that technology-based business activities are set to recover strongly in the year ahead.”