Stevens Institute of Technology Distinguished Professor to Present 2010 IT Industry Trends Survey Results

Jerry Luftman has conducted this important research for the last 10 years

10/1/2010

Hoboken, NJ – Stevens Institute of Technology Executive Director of Graduate Information Systems Programs and Distinguished Professor of Information Systems Jerry Luftman will be presenting critical findings from the 2010 IT Industry Trend Survey, commissioned by the Society for Information Management (SIM, www.simnet.org), throughout the fall.

The top concerns and applications/technologies for IT executives are only a small part of the comprehensive SIM study. In-depth results for this year’s survey will be presented by Luftman first at SIMposium 2010, The Charm of IT: Bringing People, Process & Technology Together, Oct. 3-5, 2010 in Atlanta.  Visit simposiumconf.com for more information.

CIOs, CTOs, and senior IT executives from 172 U.S. companies cite business productivity and cost reduction as their top business concern according to the survey. This is the second consecutive year that this important area has received such a wide margin of emphasis. 

Many of the top ten concerns remained on the list from previous years, but shifted positions, including business agility and speed to market, which jumped from the number-three position to number-two in 2010. Globalization, a new priority this year, was ranked as the number-ten concern on the survey, which annually provides important benchmark data in areas including spending, salaries, job scope of IT professionals, and technical/business trends. The top 4 areas received extremely high rankings, and include the persistent IT business alignment.

“The insights from the study confirm that the economic downturn is continuing to cause a significant shift in IT priorities,” said Luftman, also a former SIM Executive VP who has conducted this important research for the last 10 years. “It is essential to recognize how organizations are leveraging IT during this prolonged economic conundrum, as well as preparing for the impending recovery.”

Rounding out the top ten concerns in SIM’s annual survey, the list includes:
1. Business productivity and cost reduction
2. Business agility and speed to market
3. IT and business alignment
4. IT reliability and efficiency
5. Business process re-engineering
6. IT strategic planning
7. Revenue generating IT innovations
8. IT cost reduction
9. Security and privacy
10. Globalization

Additional results from around the globe will be benchmarked against the U.S. results. Other important trends focus on spending and human resource considerations.
 

 

About Stevens Institute of Technology

Founded in 1870 and celebrating 140 Years of Innovation, Stevens Institute of Technology, The Innovation University™, lives at the intersection of industry, academics and research.  The University's students, faculty and partners leverage their collective real-world experience and culture of innovation, research and entrepreneurship to confront global challenges in engineering, science, systems and technology management.

Based in Hoboken, N.J. and with a location in Washington, D.C., Stevens offers baccalaureate, master’s, certificates and doctoral degrees in engineering, the sciences and management, in addition to baccalaureate degrees in business and liberal arts.  Stevens has been recognized by both the US Department of Defense and the Department of Homeland Security as a National Center of Excellence in the areas of systems engineering and port security research. The University has a total enrollment of more than 2,200 undergraduate and 3,700 graduate students with almost 450 faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America as well as strategic partnerships with industry leaders, governments and other universities around the world.  Additional information may be obtained at www.stevens.edu and www.stevens.edu/news.

About the Society for Information Management

Established in 1968, the Society for Information Management (SIM) is the premier network for IT leaders comprised of more than 3,600 members including CIOs, senior IT executives, prominent academicians, consultants, and other IT leaders. SIM is a community of thought leaders who share experiences and apply rich intellectual capital, and who explore future IT direction. Through its 31 chapters, SIM provides resources and programs inspired by IT leaders for IT leaders that enable CIOs to further develop the leadership capabilities of themselves and the key and emerging leaders in their organizations. SIM provides the collective voice to advocate policy and legislation on behalf of the IT profession across industries