Why IT Budgets Are Up but Hiring Is Down

Why IT Budgets Are Up but Hiring Is Down

Why IT Budgets Are Up but Hiring Is DownWhy IT Budgets Are Up but Hiring Is Down

Only 28% of surveyed IT executives expect increases in full-time hiring for the immediate future, down from 40% at the end of last year.

Cash FlowCash Flow

50% of surveyed CIOs and other tech leaders expect their IT budget to increase, up from 45% at the end of last year.

Vote of ConfidenceVote of Confidence

74% express confidence in their IT department’s ability to satisfy business demands, slightly up from 71% at the end of 2014.

Lean MachineLean Machine

Just 28% expect increases in full-time hiring for the immediate future, down from 40% at the end of last year.

Impact Drivers: Vulnerable StateImpact Drivers: Vulnerable State

62% said cyber-security is making a major impact upon their organization, up from 52% at the end of 2014.

Impact Drivers: BYOD BoostImpact Drivers: BYOD Boost

42% cite mobility as a significant impact-maker within their organization, up from 36% at the end of last year.

Impact Drivers: Notable DevelopmentImpact Drivers: Notable Development

41% said DevOps is having a great impact upon their organization, up from just 12% at the end of 2014.

Impact Drivers: Cloudier DaysImpact Drivers: Cloudier Days

38% cite cloud computing as a major influence upon their organization, up from 29% at the end of last year.

Impact Drivers: Analytical AssessmentImpact Drivers: Analytical Assessment

33% said business intelligence/big data is a top influence within their organization, which is actually down from 41% at the end of 2014.

Most Difficult IT Positions to Fill With Exceptional TalentMost Difficult IT Positions to Fill With Exceptional Talent

Security specialists: 40%, IT architects: 39%, Programmers and developers: 38%, Software engineers: 36%, Project managers: 25%

Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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