While the information technology (IT) industry is an incredibly important economic sector, there is no single measure of the vitality of the industry at any point in time. But no longer. The Information Technology Association of America (ITAA) and Forrester Research, Inc. (Nasdaq: FORR) are pleased to announce they will unveil the Forrester/ITAA US Tech Sector Index during a media teleconference on December 12. The quarterly index will provide an analysis of the industry’s immediate outlook and key trends. In addition, a simple, Web-based reference will offer any journalist, analyst, or planner a quick, “at-a-glance” understanding of the IT industry’s historical performance and current status.
The Forrester/ITAA US Tech Sector Index provides a focused, composite industry view, tracking measurements that include demand forces like chief information officer spending outlooks; supply factors like the health of venture capital funding; and the strength of US-based technology solution providers in terms of revenues, profits, and market valuations. The inaugural report will include data from 2002 through the third quarter of 2005.
Harris N. Miller, ITAA President, and George F. Colony, Chairman and CEO, Forrester Research.
Speakers will discuss the health and current economic status of the IT industry and the value and methodology of the index. A media Q&A will immediately follow.
Monday, December 12, 2005
11 a.m. to 12 noon Eastern time
Register on the Web at: www.itaa.org/events/event.cfm?EventID=1489, or contact Bob Cohen (+1 703/284-5301), Charlie Greenwald (+1 703/284-5305), or Kristen Wilson (+1 617/613-6205).
The Information Technology Association of America (ITAA) provides global public policy, business networking, and national leadership to promote the continued rapid growth of the IT industry. ITAA consists of over 380 corporate members throughout the US, and a global network of 67 countries’ IT associations. The Association plays the leading role in issues of IT industry concern including information security, taxes and finance policy, digital intellectual property protection, telecommunications competition, workforce and education, immigration, online privacy and consumer protection, government IT procurement, human resources and e-commerce policy. ITAA members range from the smallest IT start-ups to industry leaders in the Internet, software, IT services, ASP, digital content, systems integration, telecommunications, and enterprise solution fields. For more information visit www.itaa.org.