Why IT Budgets Are Up but Hiring Is Down

By Dennis McCafferty  |  Posted 09-14-2015 Email

The latest, quarterly “Reality Check” survey from TEKsystems presents a mixed bag of sentiments among CIOs and other IT leaders: IT budgets are on the rise, findings show, but hiring expectations are significantly lower than they were at the end of last year. Meanwhile, tech execs have slightly more confidence in their IT department’s ability to satisfy business demands than they did more than six months ago. “Hiring seems to have hit a summertime lull, as fewer leaders expect hiring to increase in the third quarter after a significant uptick at the end of March,” said Jason Hayman, research manager at TEKsystems. “However, it is good to see the number of IT leaders (who) expect budget increases … Additionally, their consistent confidence in their department’s ability to meet business demands demonstrates a clear understanding of how to align IT initiatives with the needs of the organization.” As for top tech trends that are making the biggest impact upon their organizations? Cyber-security, mobility and DevOps top the list. More than 240 CIOs, IT directors and other tech leaders took part in the research.

Dennis McCafferty is a freelance writer for Baseline Magazine.


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