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IT survey results: Tech rebounding?

VentureOutsource.com has published findings from its survey of 230+ electronics supply chain decision makers on the current business environment; volumes and expectations, and pricing trends. The survey was sponsored by Digi-Key, a leading electronics distributor of electronics components.

For complete survey findings: https://www.ventureoutsource.com/survey-results-apr09

82% of survey respondents said they participate in their company’s decision making at some level with 45% as the ‘key decision maker’ for their organization.

Meanwhile, the survey data show the electronics supply chain remains pessimistic and appears to believe we have not yet seen the bottom of the recession.

Survey questions focusing on indicators of respondent satisfaction or emphasis were posed with a scoring basis of 1 to 10 (1 = very negative experience or expectations and 10 = very positive experience or expectations). Electronics OEM companies responded with an average of 4.6 when asked how they saw business conditions for their business over the next 6 months.

Respondents that identified themselves as electronics manufacturing services (EMS) or original design manufacturing (ODM) companies were generally more optimistic at 5.4.

“VentureOutsource.com’s survey is revealing and confirms what we’re seeing”, said Paul Singh, CEO for privately-held Suntron Corporation (www.suntroncorp.com) a North American EMS provider serving such end-markets as military / aerospace and industrial and medical electronics.

Respondents from semiconductor, distribution and logistics, and components manufacturing firms were more pessimistic, giving average scores of 4.2, 4.0, and 3.4 respectively.

“Economic conditions are impacting the industry as a whole, but quality-focused companies not burdened by a lot of debt and with good cash flow should emerge okay once economic conditions improve”, added Suntron’s Singh.

“Our findings don’t indicate a full recovery in the electronics sector is underway just yet but our survey results do provide some helpful information indicating where we are right now in this downturn”, said Mark Zetter, president and founder of VentureOutsource.com.

More: https://www.ventureoutsource.com/survey-results-apr09

About VentureOutsource.com
A leading online resource for outsourcing electronics contract manufacturing strategy and best practices attracting decision makers in product companies and suppliers and vendors to these companies with responsibilities in vendor selection; corporate strategy, global sourcing and logistics, and worldwide operations.

About Digi-Key Corporation
One of the world’s fastest growing distributors of electronic components, Digi-Key has earned its reputation as an industry leader through its total commitment to service and performance. As a full-service provider of both prototype/design and production quantities of electronic components, Digi-Key has been ranked #1 for Overall Performance for 17 consecutive years from among the nation’s more than 200 distributors (EE Times Distribution Study/August 2008). Offering more than 1.5 million products from nearly 400 quality name-brand manufacturers, Digi-Key’s commitment to inventory is unparalleled. Access to the company’s broad product offering is available 24/7 at Digi-Key’s top-rated Website, www.digikey.com.

Media Contact
Evelyn Wyatt

VentureOutsource.com, May 2009

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