IT Leaders are Optimistic for 2014 with a Focus on Business Intelligence

Tek Systems 2014 IT Forecast Business IntelligenceIT services and staffing solutions company TEKsystems recently conducted a detailed survey of IT industry leaders.  In September 2013, TEKsystems conducted an online survey of 890 IT CIOs, directors, hiring managers, and VPs.  The IT leaders from Canada and the U.S. were asked about the current state of IT workforce challenges, expectations, hiring plans, and spending for 2014.  The IT leaders surveyed work for small, mid-sized, and large companies in the financial services, government, healthcare, and manufacturing industries.

Overall, IT leaders are optimistic about the prospects for next year, according to TEKsystems’ 2014 Annual IT Forecast.  62 percent of survey respondents expect to see an increase in their IT budget for 2014.  This is an increase of 14 percent from 2013.  66 percent of IT executives are confident in their ability to satisfy business demands in 2014, a 12 percent increase from 2013.  The survey also indicates that the top business challenges for IT leaders will be raising growth/profitability, reducing operational costs, and managing their workforce.

Top 5 trends or technology expectations for 2014 

When asked which trends or technologies will have the greatest impact for their organization in 2014, the IT leaders answered with the following:

1.  Business Intelligence/Big Data

2.  Security

3.  Mobile

4.  Cloud Computing

5.  Virtualization

In a recent article from news website Business 2 Community, contributor Andy Donovan wrote about the anticipated prevalence of cloud computing for 2014.  “In particular, the analysts assume that the so-called hybrid cloud storages are likely to play a prevailing part in the IT world.  Additionally, the further development and improvement of ‘client-cloud’ infrastructure and the upgrade of personal cloud storages are also expected in 2014,” Donovan writes in the article “Top IT Trends: Expectations for 2014.”

More than 80 percent of IT leaders predict that their IT staff’s salaries will increase in 2014.  In order for IT executives to meet their goals for 2014, TEKsystems recommends that the leaders will have to prioritize their projects and recruit skilled programmers/developers, project managers, and help desk/technical support personnel.

To download TEKsystems’ 2014 Annual IT Forecast click on this link:

https://www.teksystems.com/~/media/Files/resources/executive-summaries/2014-teksystems-annual-it-forecast.ashx

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Doug Atkinson