Positive Momentum for IT Will Build in 2017

Positive Momentum for IT Will Build in 2017

Positive Momentum for IT Will Build in 2017Positive Momentum for IT Will Build in 2017

The potential for innovation seems limitless, and tech budgets are on the rise for 2017. Findings also indicate that both IT salaries and staffing will grow.

Upward TrajectoryUpward Trajectory

49% of the tech leaders surveyed expect their organization’s IT budget to increase in 2017. A year ago, only 37% predicted an increase for 2016.

Focus of IT Spending IncreasesFocus of IT Spending Increases

Security: 65%, Cloud: 60%, Business intelligence/big data: 50%, Mobility: 50%

Well-CompensatedWell-Compensated

36% of survey respondents said IT salaries will likely increase in 2017, and just 1% anticipate a decrease.

Steady StaffingSteady Staffing

45% expect to increase full-time IT staffing for the year ahead, which is about the same as that predicted a year ago.

Stunted DevelopmentStunted Development

Just 34% anticipate that their organization will increase investment in IT training and professional development in 2017—down from 40% who expected an increase a year ago.

Internal FocusInternal Focus

Only 29% said their company will increase spending on outsourced tech initiatives—down from 37% who said this last year.

Glowing Recommendation, Part IGlowing Recommendation, Part I

79% expressed confidence in their IT department’s ability to satisfy overall organizational demands—up from 68% who felt this way last year.

Glowing Recommendation, Part IIGlowing Recommendation, Part II

76% expressed confidence in their IT department’s ability to support line-of-business demands, up from 60% who indicated the same a year ago.

Biggest Organizational ChallengesBiggest Organizational Challenges

Alignment of shared knowledge, goals, communications, info-sharing, etc.: 32%, Skills Available to support business and tech: 19%, Governance and IT alignment with business strategies and appropriate resource allocation: 16%, IT scope and architecture: 16%

Critical IT Job Roles for Business SuccessCritical IT Job Roles for Business Success

Programmers and developers: 42%, Project managers: 32%, Networking: 32%, Software engineers: 30%, IT managers: 24%

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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