2010 IT spending still looks strong, Forrester says

IDG News Service – Despite fears caused by the European debt crisis, spending on technology products and services is set to continue growing around the world, although the pace of growth in Europe overall will be lower, Forrester Research said in a report released Tuesday.

U.S. IT goods and services spending will jump 9.9% in 2010 to $564 billion, compared to 7.8% growth worldwide to $1.58 trillion, Forrester said.

Canada will experience the highest IT spending growth this year with a 16.2% rise, according to Forrester. IT spending in Latin America is set to grow 15.4%, followed by Asia-Pacific with 11%. Eastern Europe, the Middle East and Africa will see a 10.5% uptick.

But IT spending in Western and Central Europe is set to drop by 0.7% due to the debt crisis and the weak euro.

The US 2010 forecast represents a 1.5% increase over one Forrester gave in April, while the global growth rate remained roughly the same as the previous forecast of 7.7%.

Growth is being spurred partly by the fact that the U.S., and to a lesser extent, other nations, are entering an innovation cycle marked by adoption of new technologies, Forrester said.

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IT Staffing – Permanent IT Jobs ‘Returning to Growth’

The IT jobs market is showing signs of recovery, particularly on the permanent side, according to Reed Specialist Recruitment.

Computerworld UK — The IT jobs market is showing signs of recovery, particularly on the permanent side, according to Reed Specialist Recruitment.

Andrew Gardner, senior divisional director of the technology division of Reed Specialist Recruitment, said that the number of available permanent jobs was picking up again particularly in SMEs, as well as in the financial services sector and in software houses.

“As part of the downturn, our permanent team took a mauling, but over the last five or six months, it has started to pick up again.

“We are now looking to build our permanent teams back up to meet the demand,” said Gardner.

Reed currently has a team of 25 in the permanent jobs division, and Gardner aims to recruit a further 20 in the next few months, which takes the total “slightly higher than we had before”.

Furthermore, Reed said its lead time between interviews and job offers has shortened to that of before the recession.

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IT Staffing – I.T. hiring picks up

Salaries and hiring are both on the rise, Janco reports.

The I.T. jobs outlook is strongest among large companies, where many chief information officers have received the go-ahead to fulfill I.T. positions that were left unfulfilled last year, Janco Associates Inc., a management consulting firm specializing in information systems technology, says in its Mid-Year 2010 IT Salary Survey report.

In contrast, technology executives at smaller companies are being more cautious about hiring out of concern that the economic recovery will not be strong enough to support increased I.T. spending, the survey found.

Nonetheless, most chief information officers who participated in the survey said in post-survey interviews that they’re planning for 2011 with the assumption that the economy will improve early next year. If that holds true, I.T. hiring and compensation should rise for more companies, Janco says.

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IT Staffing – 8 Trends Driving IT Job Growth, Salaries

Will job prospects for U.S. IT professionals fare better or worse for the rest of 2010? It’s hard to tell from the latest economic and employment data being released by IT career experts.

Network World — Will job prospects for U.S. IT professionals fare better or worse for the rest of 2010? It’s hard to tell from the latest economic and employment data being released by IT career experts.

Reports issued in the first week of June provide conflicting information about IT hiring, compensation and outsourcing trends. On the plus side, these reports say IT hiring will increase during the second half of 2010, and CIOs are more optimistic about their budgets and staffing levels than they were a year ago. However, IT salaries and benefits are still being squeezed from all sides, and it’s difficult to tell which IT skills are most in demand on a month-to-month basis.

“There’s more volatility in the market than at any point in time since we started tracking IT pay data in 1999,” says David Foote, CEO of Foote Partners, a consulting firm.

As evidence of the volatility, Foote points to the May 2010 U.S. Department of Labor National Employment Report, which showed a net loss of 100 IT-related jobs in May, following a gain of 8,800 jobs in April. Foote has been tracking ups and downs in employment in five key job categories – IT services, computer systems design, data processing, computer/peripheral equipment, and communications equipment – for the past six months.

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Tags: IT professionals, IT career, IT hiring, CIOs, IT salaries, IT skills, IT pay, IT services

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IT Staffing – CIOs Finally Ready to Start Hiring Again

After years of penny pinching and putting off key software and hardware implementations, IT executives now say they’re ready to start hiring again.

It was the worst of times these past three, four years and IT workers suffered as much as more as most. While companies across all industries were busy pink-slipping millions of workers, shuttering facilities and abandoning all non-essentially IT projects, it was the networking, software and security specialists who were out of work and largely out of luck.

But as CIO Update found, those days appear to be over as the vast majority of some 1,400 CIOs surveyed say they’re adding headcount and are feeling far more optimistic about their company’s future than they have in years.

According to survey by headhunter Robert Half International, 64 percent of CIOs blamed understaffing in their company’s IT department for impairing their ability to implement innovative or emerging technologies.

To turn things around and build out computing environments in the cloud or to update ancient installed hardware and software platforms, CIOs will have to not only begin hiring more networking and cloud-computing specialists, but pay them handsomely to keep competitors from luring them away.

It’s not the exactly 1999 again, but CIOs are starting to see some blue sky on the horizon and that means good things for IT workers across the board.

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Tags: IT Jobs, IT Hiring, IT departments, IT Budgets, IT Workers, IT Talent, IT departments, CIO, IT leaders

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IT Staffing – Increased IT Hiring on Horizon, Survey Suggests

Although companies such as HP may be slashing their workforce, a survey finds the majority of HR heads are planning on making IT hires in the next six months.

Although companies such as HP may be slashing their workforce, a survey finds the majority of HR heads are planning on making IT hires in the next six months.

More than three-quarters (78 percent) of human resources managers or recruiters who have responsibility in recruiting technology positions are looking to hire IT workers in the next six months, according to the 2010 IT Hire Intelligence Survey conducted by Monster.com, an online career and recruitment resource on behalf of technology services provider Technisource. In addition, the majority of survey respondents said they are confident that their company’s performance will improve across the same time period.

Among the key findings, 76 percent of respondents have confidence that their company’s performance will improve in the next six months, while 78 percent of respondents plan to hire IT staff in the next six months. When asked what technology-oriented positions IT hiring managers were looking to fill, applications and infrastructure positions took the lead.  

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IT Staffing – Increased IT Hiring on Horizon, Survey Suggests

Although companies such as HP may be slashing their workforce, a survey finds the majority of HR heads are planning on making IT hires in the next six months.

More than three-quarters (78 percent) of human resources managers or recruiters who have responsibility in recruiting technology positions are looking to hire IT workers in the next six months, according to the 2010 IT Hire Intelligence Survey conducted by Monster.com, an online career and recruitment resource on behalf of technology services provider Technisource. In addition, the majority of survey respondents said they are confident that their company’s performance will improve across the same time period.

Among the key findings, 76 percent of respondents have confidence that their company’s performance will improve in the next six months, while 78 percent of respondents plan to hire IT staff in the next six months. When asked what technology-oriented positions IT hiring managers were looking to fill, applications and infrastructure positions took the lead.  

Read more at eWeek

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