{"id":1356,"date":"2010-05-04T05:42:49","date_gmt":"2010-05-04T09:42:49","guid":{"rendered":"http:\/\/www.theforcefield.net\/podcast\/onforce-announces-q1-onforce-services-marketplace-index-1749\/"},"modified":"2010-05-04T05:42:49","modified_gmt":"2010-05-04T09:42:49","slug":"onforce-announces-q1-onforce-services-marketplace-index-1749","status":"publish","type":"post","link":"https:\/\/www.theforcefield.net\/podcast\/onforce-announces-q1-onforce-services-marketplace-index-1749\/","title":{"rendered":"OnForce Announces Q1 OnForce Services Marketplace Index"},"content":{"rendered":"

\tOnForce Services Marketplace Index for Q1 2010 Shows Promising Signs for Upcoming Year<\/strong><\/p>\n

\tWork Order Pricing in the Marketplace Continues to Stabilize Quarter over Quarter; Several Trends Persist in 2010<\/em><\/p>\n

\tBOSTON<\/strong>– April 26, 2010 –<\/strong>OnForce, the trusted online services marketplace that matches service buyers with service professionals released the OnForce Services Marketplace Index (OSMI) for the first quarter of 2010. The OSMI provides a comprehensive analysis of trends in information technology (IT) and consumer electronic (CE) services, based on thousands of service events across the United States and Canada. Key findings show that average work order pricing continued to stabilize for the fourth sequential quarter within the OnForce marketplace. Additionally, as we have seen in recent quarters, companies continue to opt to repair infrastructure in lieu of implementing new technology projects.<\/p>\n

\t“Several trends from 2009 continue to be at the forefront this year. Organizations of all sizes are still managing their service-related budgets tightly, which is evident as break-fix and warranty work dominated work orders in the OnForce marketplace during the first quarter,” said Peter Cannone, CEO of OnForce. “However, with unemployment leveling off, consumer confidence growing, and several industry analysts predicting expansion in various technology areas this year, we are optimistic that 2010 will improve for the services industry in the coming quarters.”<\/p>\n

\tWhile break-fix and warranty service events were dominant in the OnForce marketplace, installation work remained steady and accounted for 32 percent of total work orders, which aligns with Q4 service event results.<\/p>\n

\t“Although installation work saw minimal fluctuation this quarter, we are anticipating this will shift significantly in the coming months. As organizations delayed technology projects last year, there is now pent-up demand to deploy new infrastructure in order to stay competitive,” said Cannone.<\/p>\n

\tOther key findings include:<\/p>\n