Industry Analysis & Industry Trends
As the economy recovers, business profit and sentiment will return, bringing IT budgets back up and driving industry demand forward. Increased merger and acquisition activity is expected to keep consultants busy, as companies try to integrate disparate network systems. The growing popularity of cloud computing will lead companies to seek the expertise of consultants, as will firms' desire to secure their proprietary and confidential data... purchase to read more
Industry Report - Starting a New Business Chapter
The IT Consulting industry faces a low level of regulation and minimal startup costs, allowing for the regular entry of new firms. Because the industry is so labor-intensive, establishing a firm requires only that the business owner possess knowledge and experience in the field and a functioning IT system. For industry entrants hoping to establish a sole proprietorship, the primary barriers to entry are educational experience in a relevant computer science discipline and the ability to attract clients. Although developing a network of clients who can provide a regular flow of work can be a significant challenge, this is a challenge many in the industry have taken on, with the majority of establishments classified as small, nonemployer firms... purchase to read more