• 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