IT Consulting Industry “Booming” (Inc. Magazine Top 11 Best Industry) (Slides)

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IT Consulting

Industry “Booming”

(Inc. Magazine Top

11 Best Industry)

Courtesy of the

Small Business Computer Consulting Blog

http://blog.sphomerun.com Creative Commons Image Source: Flickr elisasizzle

http://blog.sphomerun.com/

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Inc. Magazine has

in its June 2012

Issue Declared the

IT Consulting

Industry

Sponsored by HowToStartAnITBusiness.com

http://howtostartanitbusiness.com/

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To Be on its Top 11

Best Industries for

Starting a Business



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“IT Consulting is

Booming” Largely

Because of Massive

Migrations to



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Mobile Computing

Solutions and

Cloud Computing

Infrastructure



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Why Inc. Loves

the IT Consulting

Industry



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8.3% Growth Rate

Experienced in the

IT Consulting

Industry Since 2007



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While Annual

Growth is

Expected to Slow

to Approximately

2.9%,



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The 2017 Version

of the Industry

Still is Expected to

Reach $379 Billion



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Cited in the Article

is the IT Consulting

Industry’s 8.1%

Profit Margin (Source: Sageworks)



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Quoting Data from

IBISWorld, the

Sidebar Confirms

the High Level of

Fragmentation



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What Size is

the Average

IT Consulting Firm?



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Just 4.



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Best Vertical

Markets for

IT Consulting

Firms to Target



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• Energy



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• Healthcare



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Both Industries

Have Financial

Pressure to Move

Customer & Patient

Interactions Online



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Long-standing

Market

Opportunities in

Placing Consultants

Full-time On-site,



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As Well Providing

Outsourced

IT Services



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What Other

Industries Made

the List Besides

IT Consulting?



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Inc. Magazine Has

10 Other Solid

Ideas for the Best

Startups



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For the

Tech-inclined,

Consider:



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• Big Data



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• E-commerce



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• Online

Publishing



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• Mobile Gaming /

Social Gaming



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• Supply Chain



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For the More

Tech-phobic,

Consider:



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• Environmental

Consulting



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• Full-service

Restaurants



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• Pet Care



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• Residential

Construction



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• Water

Conservation



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Demand Hot,

But Supply of

IT Talent

Still an Issue



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One of the

IT industry’s Most

Long-standing

Problems:



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Cost-effectively

Recruiting and

Retaining Talent



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The IT Consulting

Industry Effectively

Competes with its

Prospects and

Clients



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For the “Best and

Brightest”



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Take Some

Classes and Get

Retrained for a

Hot, In-demand

Skill Set in IT



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And to Find Out

Why Inc. Magazine

is on our List of

Top Websites



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See: “Starting a

Computer

Business?

Bookmark These 8

Web Sites”



http://www.sphomerun.com/blog/bid/69419/Starting-a-Computer-Business-Bookmark-These-8-Web-Sites

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What Kind of

Flack Do You Get

from Friends and

Family Members



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That are Largely

Clueless about the

IT Consulting

Industry?



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What Do You Tell

Them? And

What’s Your Five-

year Outlook for

IT Consulting?



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Please Share

Your Thoughts in

the Comments

Section Below



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SP Home Run is a registered trademark of SP Home Run Inc.

Creative Commons Image Source: Flickr elisasizzle

Recommended Reading:

How to Start a Computer

Consulting Business 6 Proven Ways to

Build Your Initial Client Base

Download this Free Special Report Now at

HowToStartAnITBusiness.com


IT Consulting Industry “Booming” (Inc. Magazine Top 11 Best Industry) (Slides)

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Transcript of IT Consulting Industry “Booming” (Inc. Magazine Top 11 Best Industry) (Slides)