DocumentCode
1345177
Title
Bolster your budget proposals with IT market basket statistics
Author
Rubin, Howard
Author_Institution
Dept. of Comput. Sci., City Univ. of New York, NY, USA
Volume
2
Issue
3
fYear
2000
Firstpage
51
Lastpage
54
Abstract
Tracking and comparing the costs of IT staples such as equipment, connectivity, and training can underpin your budget proposals with hard numbers. IT spending projections for the year 2000 remain surprisingly low. A review of all companies surveyed reveals a maximum IT spending increase of 30 percent at one end of the scale and a maximum spending decrease of 25 percent at the other end, numbers that reveal a strange symmetry. Perhaps more significantly, the average change in expenditure is very small: only a 2 percent spending increase. Worse, now when the industry needs skilled workers more than ever, employee training days per year continue their steady decline worldwide, from 8.5 days in 1997 to 7.25 days in 1999. The paper considers how you can fight these trends and win with solid statistics and an approach to IT activities that positions your department as a value center for driving technology investments
Keywords
budgeting; business data processing; costing; information technology; investment; training; IT market basket statistics; IT spending; budget; companies; costs; employee training; expenditure; investments; Acceleration; Companies; Costs; Economic indicators; Hardware; Industrial training; Investments; Portfolios; Proposals; Statistics;
fLanguage
English
Journal_Title
IT Professional
Publisher
ieee
ISSN
1520-9202
Type
jour
DOI
10.1109/6294.846212
Filename
846212
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