Reseults from a recent study by market research firm Ronin Corp. show that more strategic companies have made heftier investments in IT and are utilizing more advanced technology. The survey also found that long-term strategy and best-in-class solutions were at the top of the list in terms of buying criteria; low cost came in fifth on the list.

Results from the study indicate that that a high percentage of strategic companies plan to increase their IT spend – and as more and more companies look at their infrastructure and IT support as a valued business asset, it can only mean more revenue potential in the IT and telecom markets.