[November 03, 2015] |
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2015 Q3 Reality Check: Internet of Things Rises to Priority Status
TEKsystems (News - Alert)®, a leading provider of IT
staffing solutions, IT talent management expertise and IT services,
today released the results of its quarterly IT "Reality Check," a survey
that compares current market conditions on the state of spending, skill
needs and impact areas originally reported in the company's Annual
IT Forecast released in December 2014. The most recent survey
represents the views of more than 300 IT leaders (CIOs, IT VPs, IT
directors, IT hiring managers) as of September 2015.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20151103006381/en/
Key highlights from the survey include:
Budget Expansions On-Target (News - Alert) for the Year
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Heading into 2015, 45 percent of IT leaders expected their IT budgets
to increase. At the end of March, 43 percent expected increases,
compared to 50 percent at the end of June and 45 percent at the end of
September. Through the first three quarters of the year, the
percentage never rose above 50 percent.
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Heading into 2015, 39 percent of IT leaders expected their budgets to
stay the same. At the end of March, 43 percent expected budgets to
stay the same, compared to 35 percent at the end of June and 43
percent at the end of September.
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Heading into 2015, 16 percent of IT leaders expected to see their IT
budgets decrease. At the end of March, 14 percent expected budgets to
decrease, compared to 15 percent at the end of June and 12 at the end
of September.
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Findings: The expectations quarter-to-quarter for each category have
remained extremely consistent with less than a double-digit swing in
any category. In general, expectations have trended to be slightly
more positive.
Confidence Remains High
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Heading into 2015, 71 percent of IT leaders were confident in their IT
department's ability to satisfy business demands. This has remained
extremely consistent through the first three quarters of the year. At
the end of March, 70 percent were confident, 74 percent at the end of
June and 73 percent at the end of September.
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Heading into 2015, 20 percent of IT leaders expressed a neutral view
toward their IT department's ability to satisfy business demands. At
the end of March, 18 percent were neutral, 13 percent at the end of
June and 15 percent at the end of September.
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Heading into 2015, 9 percent of IT leaders lacked confidence in their
IT department's ability to satisfy business demands. At the end of
March, 18 percent lacked confidence, 13 percent at the end of June and
15 percent at the end of September.
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Findings: As compared to entering the year, there have been minor
changes. Those expressing a neutral view have declined (by 5 percent),
while increases in confidence (2 percent) and lack of confidence (3
percent) were also indicated, nearing peak levels for these points of
view. The quarter-to-quarter swings have been relatively minor.
IoT Joins the Stalwart Top Five
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At the end of Q3, IoT entered the top five most impactful trends for
organizations for the first time. Forecasted as No. 8 of 10, and
maintaining that rank throughout Q1, in Q2 IoT rose to No. 7, and at
the end of September was ranked No. 5.
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Throughout 2015, security, mobility, cloud computing and business
intelligence (BI) / Big Data have anchored the top five initiatives
with the largest impact on organizations. The third quarter saw
security retaining its top priority position, as initially forecasted,
while cloud computing rose to its highest rank yet at No. 2.
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Since the beginning of 2015, open source, VoIP / unified
communications and social technologies have ranked as the least
impactful initiatives.
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In terms of volatility, the initiatives that fluctuated the most were
DevOps (ranking between No. 3 and No. 10), data center consolidation
(ranking between No. 6 and No. 12) and enterprise resource planning
(ranking between No. 4 and No. 9).
Programmers and Developers Regain Top Spot as Most Difficult to Hire;
Big Data Analytics Cracks Top Five
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Three skill sets - programmers and developers, security, and software
engineers -consistently placed in the top five most difficult
positions to fill with exceptional talent throughout three-quarters of
2015. Programmers and developers - originally forecasted as the most
difficult to fill - declined throughout the year, but regained the top
spot at the end of September.
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Big data analytics continued its progression, now placing in the top
five for the first time. Project managers, architects and BI at some
time have placed within the top five during the course of the year.
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Social technology, mobile, cloud and help desk / technical support
professionals have remained the least difficult positions to fill
since the beginning of 2015.
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Architects fluctuated the most in terms of roles most difficult to
fill with exceptional talent (ranking between No. 2 and No. 6).
Full-Time Hiring Expectations Pick Back Up
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Heading into 2015, 40 percent of IT leaders expected increases in
full-time hiring. At the end of March, the percentage of IT leaders
who expected increases in full-time hiring was highest (45 percent).
This fell to 28 percent at the end of June and rose back up at the end
of September to 36 percent.
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Heading into 2015, 50 percent of IT leaders expected full-time hiring
to stay the same as in 2014. At the end of March, 46 percent expected
no change in full-time hiring, compared to 59 percent at the end of
June and 55 percent at the end of September.
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Heading into 2015, 10 percent of IT leaders expected full-time hiring
to decrease. At the end of March, 9 percent expected full-time hiring
decreases, compared to 13 percent at the end of June and 9 percent at
the end of September.
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Findings: Expectations for hiring full-time employees are on the rise.
Since mid-year, an additional 8 percent of IT leaders expect increases
in full-time hiring, while those who expected full-time hiring to stay
the same or decrease has dropped 4 percent.
Contingent Hiring Expected to Surge
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Heading into 2015, 36 percent of IT leaders expected an increase in
temporary hiring. At the end of March, 51 percent expected contingent
hiring increases, compared to 29 percent at the end of June and 39
percent at the end of September.
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Heading into 2015, 54 percent of IT leaders expected temporary hiring
to stay the same as 2014. At the end of March, 44 percent expected
contingent hiring to stay the same, compared to 56 percent at the end
of June and 54 percent at the end of September.
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Heading into 2015, 10 percent of IT leaders expected temporary hiring
to decrease. At the end of March, 5 percent expected contingent hiring
to decrease, compared to 15 percent at the end of June and 7 percent
at the end of September.
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Findings: Expectations for hiring temporary employees has been more
volatile than expectations for hiring full-time employees. Coming out
of the summertime lull, hiring expectations are back toward where they
were entering into 2015.
"The relative volatility of contingent hiring expectations speaks to the
lack of workforce planning - while overall hiring expectations remain
healthy, it's clear that IT leaders do not have the same level of
insight into their contingent hiring needs. They don't accurately know
what they need three weeks from now, let alone three months from now,"
said TEKsystems Research Manager Jason Hayman. "That being said, on
average, overall expectations for hiring this year are very much in line
with the 2014 Reality Check numbers and indicate a measure of
consistency and stability. The continued confidence and positive hiring
expectations we've seen so far this year mirrors the healthier economy
and the consistently strong IT job market."
TEKsystems' Jason Hayman is available for additional commentary. For
more information about the survey or to schedule an interview, please
contact Rick McLaughlin at [email protected].
About TEKsystems®
People are at the heart of every successful business initiative. At
TEKsystems, we understand people. Every year we deploy over 80,000 IT
professionals at 6,000 client sites across North America, Europe and
Asia. Our deep insights into IT human capital management enable us to
help our clients achieve their business goals-while optimizing their IT
workforce strategies. We provide IT staffing solutions, IT talent
management expertise and IT services to help our clients plan, build and
run their critical business initiatives. Through our range of
quality-focused delivery models, we meet our clients where they are, and
take them where they want to go, the way they want to get there.
TEKsystems. Our people make IT possible.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151103006381/en/
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