NAICS 541519 - Other Computer Related Services
This U.S. industry comprises establishments primarily engaged in providing computer related services (except custom programming, systems integration design, and facilities management services). Establishments providing computer disaster recovery services or software installation services are included in this industry.
Industry trends:
The NAICS 541519 sector, which encompasses 'Other Computer Related Services,' is currently experiencing several notable qualitative trends. One pertinent trend is the increasing emphasis on cybersecurity services. As threats evolve and regulations tighten, companies are investing more heavily in specialized cybersecurity solutions to protect their digital assets. This is expected to lead to a burgeoning market for managed security services and advanced threat detection and mitigation technologies.
Another significant trend is the rise of cloud consulting and migration services. Businesses of all sizes are accelerating their adoption of cloud infrastructures to enhance operational efficiency, driving demand for expertise in navigating complex cloud environments, optimizing performance, and ensuring cost-effective cloud utilization.
Artificial Intelligence (AI) and Machine Learning (ML) consulting services are also seeing strong growth. Organizations are keen to leverage AI and ML to gain competitive advantages through data-driven decision-making, predictive analytics, and automation. This trend is likely to continue as AI and ML technologies become more advanced and accessible.
Moreover, there is a growing focus on IT service management (ITSM) and digital transformation initiatives. Companies are seeking to modernize their IT infrastructures, streamline workflows, and improve customer experiences. This will drive demand for comprehensive ITSM solutions and consultancy services that can facilitate smooth digital transitions.
In the near future, we can expect these sectors to expand, with particular growth in consultancy roles that specialize in emerging technologies and digital transformation strategies. The emphasis on improving cybersecurity practices, optimizing cloud usage, and leveraging AI and ML will continue to be strong drivers in the market.
This industry is comprised of:
Computer disaster recovery services
Software installation services, computer
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.