IT Industry Experiences Growth Despite Economy Woes
Industry experts say that certain sectors like information technology (IT) are experiencing growth and moving along this economic rollercoaster headstrong.
Dec 02, 2008
While many job seekers are struggling to find employment, and workers can attest that its a tough economy to work in, industry experts say that certain sectors like information technology (IT) are experiencing growth and moving along this economic rollercoaster headstrong.
According to the 2009 Robert Half International Salary Guide, information technology (IT) is one of the few bright spots in the job market, and remains relatively low in unemployment ranks (less than 2 percent), which can be attributed to the proliferation of new technology and the need for professionals to support new technological initiatives.
"Information technology is different from other fields. In today's tough economy, companies want to keep their business both growing and running as cost efficiently as possible and that means enhancing applications and infrastructure," said Mark Miller, president and CEO of New Horizons Computer Learning Centers, the world's largest independent IT training provider. "IT is unique because often times it can help fuel a company's expansion, services and margin enhancement."
Gartner, Inc., an information technology research and advisory company, noted in an October article that "Organizations now view IT as a way to transform their businesses and adopt operating models that are much leaner" and "IT is embedded in running all aspects of the business."
Forrester Research Inc. predicts a 2-3 percent growth in tech spending this year, followed by an increase of up to 10 percent in 2009.
According to the 2009 Robert Half International Salary Guide, information technology (IT) is one of the few bright spots in the job market, and remains relatively low in unemployment ranks (less than 2 percent), which can be attributed to the proliferation of new technology and the need for professionals to support new technological initiatives.
"Information technology is different from other fields. In today's tough economy, companies want to keep their business both growing and running as cost efficiently as possible and that means enhancing applications and infrastructure," said Mark Miller, president and CEO of New Horizons Computer Learning Centers, the world's largest independent IT training provider. "IT is unique because often times it can help fuel a company's expansion, services and margin enhancement."
Gartner, Inc., an information technology research and advisory company, noted in an October article that "Organizations now view IT as a way to transform their businesses and adopt operating models that are much leaner" and "IT is embedded in running all aspects of the business."
Forrester Research Inc. predicts a 2-3 percent growth in tech spending this year, followed by an increase of up to 10 percent in 2009.