For the past two years, partner confidence has remained in the doldrums. Partners have been laboring under the pressure of high interest rates and inflation. However, a bright IT spending forecast for 2025, the upcoming presidential transition, and waning concerns about an economic downturn are boosting partner confidence.
North American partners report significant year-over-year and quarter-over-quarter increases in confidence. European partners, while not experiencing the same substantial gains, are showing signs of improvement.
Check out the Q1-2025 Channelnomics Partner Confidence Index report
Larry Walsh, reporting from the Netherlands, provides insights in the latest installment of the quarterly Channelnomics Partner Confidence Index (PCI).