Information Technology (IT) industry has become the most important and robust industries in the world of late. The IT facilitates operations in every business, and this has resulted in the importance of IT in the industry. The IT industry is gaining huge importance in the 21st century :-
A few of the services related to the IT are listed below –
* Cloud computing
* On Demand IT
* Network Security
* Data storage
Other services include managed IT service, network setup, database management, software support, and VoIP services.
This industry is ever changing. Here is an overview of a few of the recent trends in the IT industry.
– Value-Added Reseller (VAR) trends
The IT industry is booming with new opportunity of sales from VAR especially in the front-office software and tools due to demand in customization. The VAR add more value to the base products by making it more intuitive with highly sophisticated UI
– Block chain
The markets are going to have big impacts with blockchain. Blockchain is the trend towards bank less system. For the financial sector it is a game changer
– IT managed services
Managed service providers are looking to expand their technology expertise in the forthcoming years. In particular, SMEs wants to adapt to the latest technology advancements, and provide services to its client under single roof. Therefore more M&A activities are planned to happen in near future
– Moving to the cloud
There is constant pressure in the small scale industries to move to the cloud based technologies. Cloud computing became widely popular among the SMEs because of low CAPEX costs. It is easy to upgrade or downgrade without having to invest more on IT infrastructure.
Other popular trends the IT services are Chabot, Augmented Reality, and Cyber security investment.
Talent acquisition and innovation are primary drivers for the growth of merger and acquisition (M&A) deals in the IT industry. This is more accurate when tech companies are bought by the non-tech companies. There is trend among the Private Equity firms to acquire IT companies with recurring, subscription-based revenue models.
The pre-deal phase in the buying and selling a business is crucial in any merger and acquisition deals. It is important for business advisors to effectively and efficiently collect and assess information of both buyer and seller. Keystone business Advisors have made many successful ownership transitions for managed services and Value added resellers in the IT industry. Keystone Business Brokers with its expertise over 14 years in the industry can facilitates the business buying and business selling process smoothly.
Keystone business advisors provide expert merger and acquisition services in IT industry.
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