1Tech Leaders Expect IT Budgets, Salaries to Rise in 2018: TEKsystems
More than twice as many tech leaders expect IT budget increases in 2018 than those who anticipate cuts, according to a recent survey from IT staffing/services provider TEKsystems. Similarly, an overwhelming majority predict that tech salaries will grow in 2018, as opposed to decline. The higher investment will support a number of IT-supported initiatives, in hopes of expanding cyber-security, cloud and mobile application capabilities/delivery while boosting overall efficiencies. Finding qualified IT job candidates to fill needed roles, however, remains a challenge—especially for positions such as software engineer and developer, as well as those related to DevOps and data analytics. More than 1,000 IT executives took part in the research.
2IT Budgets Projected to Rise
3Optimism Is High for Tech Salary Increases
4Cyber-security Employees Most Likely to Receive Raises
TEKsystems reports that 42% of survey respondents said salaries for IT security professionals will increase in 2018—tops among tech professional categories—while 40 percent said the same for software engineers/developers/DevOps workers. Other tech professional categories best positioned for salary increases include data analytics (35 percent), cloud computing (35 percent) and IT architecture (31 percent).
5IT Leaders Give Tech Departments High Marks for Support
More than three-quarters of respondents are confident in their IT department’s ability to satisfy and support core tech needs, while 72 percent express confidence in their IT department’s ability to satisfy and support line of business requirements. When it comes to satisfying and supporting new initiatives, 59 percent express confidence.
6Organizations Investing Significantly in Cyber-security
7Programmers and Developers Expected to Drive Success
8Talent Competition Remains Tight for Software and DevOps Pros
9More IT Support Sought to Increase Efficiencies and App Deployments
According to TEKsystems, 35 percent of respondents predict that their organization will most need IT to improve efficiencies, in terms of business objectives. One-third said their company will most need IT to implement new IT applications and infrastructure.