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Thursday 26 September 2024

TechMarketView launches inaugural Tech Confidence Index

This morning, TechMarketView is launching the results of its inaugural Tech Confidence Index – please download your copy now here (no subscription required).

Capturing the view of the market

TCIOne of TechMarketView’s unique strengths is our ‘community’ of more than 20,000 technology industry professionals who read the daily UKHotViews newsletter. In the past, we have gauged opinions via our extensive conversations with CXOs within the industry. However, we would like to make sure we are casting the net wider and ‘taking the temperature’ of the UK tech market in a more consistent way, enabling us to monitor changes over time.

In a major survey of UK technology business leaders, including CEOs, VPs, MDs and Sales and Finance heads, TechMarketView sought opinions on the current and future economic landscape. The findings form part of a new Tech Confidence Index that we plan to publish twice a year.

How optimistic is UK tech and where is it investing?

The survey provides insight on current and future views on business conditions, concerns in the market, key priorities for investment, growth drivers, skills and areas of shortages, views on the new UK Government, and of course, an understanding of the impact of GenAI.

Headlines include….

The new Tech Confidence Index reveals optimism for 2025 but UK leaders are concerned about government policy.

  • Over half (56%) report business conditions as poor or neutral, but are optimistic about the next 12 months.
  • The majority of business leaders believe GenAI is overhyped, yet 71% plan to invest in it as key business driver.
  • The inaugural Tech Confidence Index score sets a new benchmark for tech industry, with Autumn 2024 ranking at 6.5/10.

To read the full results please download the report here (no subscription required)

Posted by: TMV Team at 09:07

Tags: newresearch  

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