Positive Momentum for IT Will Build in 2017

 
 
By Dennis McCafferty  |  Posted 12-13-2016 Email
 
 
 
 
 
 
 
 
 
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    Positive Momentum for IT Will Build in 2017
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    Positive 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.
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    Upward Trajectory
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    Upward 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.
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    Focus of IT Spending Increases
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    Focus of IT Spending Increases

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

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

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

    Only 29% said their company will increase spending on outsourced tech initiatives—down from 37% who said this last year.
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    Glowing Recommendation, Part I
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    Glowing 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.
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    Glowing Recommendation, Part II
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    Glowing 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.
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    Biggest Organizational Challenges
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    Biggest 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%
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    Critical IT Job Roles for Business Success
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    Critical IT Job Roles for Business Success

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

It's a good time to be a CIO: Top organizational influencers are increasingly viewing IT leaders as essential contributors to critical business strategies. The potential for innovation seems limitless, and tech budgets are on the rise for the year ahead, according to a recent survey and 2017 forecast from TEKsystems. Findings also indicate that both IT salaries and full-time staffing will grow. With this resource, CIOs and tech managers will be better positioned to land hard-to-get talent—with programmers, developers, project managers, network pros and software engineers in particularly high demand. In addition, IT will increase investments in solutions to boost cyber-security, cloud, business intelligence (BI) and big data analytics, and mobility. "Budgets are up, and IT departments are expecting to be able to support overall organizational demands at a high level, while also being able to support business growth," said Jason Hayman, research manager for TEKsystems. "It appears that some of the heavy lifting in helping other departments realize some larger-scale digital transformation is over, and they can concentrate on preparing for the next stages of development within their organizations. This may contribute to the shift in more staff augmentation and managed services as a labor model, where they have the ability to control and have oversight on more of their application development and project management than before." More than 700 CIOs, IT vice presidents, IT directors and other tech leaders took part in the research.

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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