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06/18/2013 06:26:41 Daily, September 26IBM's Free Lotus Symphony Beta 1
 | InformationWeek Daily - Wednesday, Sep 26, 2007 |
 Why Tech Jobs May Fare Better In A Recession This Time
Why sweat a recession? Because three-fourths of economists say there's a 30% chance or higher chance the U.S. economy will slip into recession, the Wall Street Journal reports , citing its poll of 52 economists. The economists overall peg the recession risk at 36%, up from 28% a month ago.
In the last recession, tech jobs were pounded. So here are some factors affecting the U.S. IT job market, and a theory on whether each would have better or worse impact on jobs than during the last downturn, which began in 2002.
Staffing levels: Heading into 2001, before the economic downturn, cutting the IT budget was almost out of the question. Just 5% in our annual Outlook survey planned cuts, while 72% planned increases. By 2003, just 40% planned increases and 25% planned cuts. Since then, companies have kept IT on a shorter leash: many CIOs have kept their IT budgets flat or close to it, delivering cost savings that offset the cost of new IT initiatives.
It's true that hiring has picked up, and U.S. IT employment is higher now than it has been this decade --3.58 million IT pros employed, based on second-quarter Bureau of Labor Statistics, compared with a previous high of 3.46 million in 2001 and a low of 3.29 million in 2004. In our just-published InformationWeek 500 research, 62% of those companies plan to increase spending, 23% to keep it flat, and 15% to decrease. Spending has edged up, but staffs haven't gotten fat. Impact: Better
Read the rest of my thoughts in the CIOs Uncensored blog.
Chris Murphy
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"A man does what he must - in spite of personal consequences, in spite of obstacles and dangers and pressures - and that is the basis of all human morality."
-- John F. Kennedy
Review: IBM's Free Lotus Symphony Beta 1 Office Suite Is Familiar Yet Different
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Vonage Infringed Sprint Patents, Jury Finds
A U.S. federal jury found the VoIP software company infringed six patents and ordered Vonage to pay $69.5 million in damages, plus royalties.
EchoStar Mulls Asset Spin-Off, Buying Sling Media
The satellite television operator said it may spin off its technology assets, raising hopes that a split would increase the value of its businesses for shareholders or lead to a sale.
Sun Increases Its Intel x86 Server Line
The company issues two Sun Fire servers powered by Intel's quad-core Xeon processors as a compliment to its AMD quad-core products.
Waiting For Google's gPhone: What Will The Perfect Mobile Device Look Like?
If Apple's iPhone isn't quite the last word in mobile design, will Google's expected gPhone deliver a user experience melding the best of hardware, software, and network technologies?
DVR Maker Hopes To Settle First GPL Lawsuit
The head of Monsoon Multimedia says his company wants to comply with the open source General Public License and hopes to settle the matter out of court.
Facebook Investigated For Failing To Protect Users From Sexual Predators
Facebook's troubles mirror those of MySpace, which addressed its security last year after a string of high-profile cases.
Gaming Device Requires User To Relax To Win
Vyro Games has developed a "personal input pod" that works with computer games to help people learn how to reduce stress, while also having fun.
Sony Introduces Its Lowest-Priced Notebook
The entry-level Vaio includes a 15.4-inch LCD screen and comes pre-installed with Microsoft Windows Vista Home Premium.
Most Companies Have No Plan To Deal With Impending Brain Drain
In the next 10 years, about one-in-three companies expect 20% or more of their workforce will be eligible to retire, according Monster's recent national survey of 550 HR managers.
Verizon Business Pushes Its Deployment Of IPv6
The telecom said it will complete its North America migration in 2008 and move into the Asia-Pacific and European regions in late 2008 to 2009.
Facebook Slice Could Boost Microsoft's aQuantive Unit
The social networking site could help boost Microsoft's recent $2.47 billion in revenue in online services, according to one financial analyst firm.
MobileAccess Unveils In-Building WiMax Product
MobileAccess says deploying WiMax is as simple as sliding a blade server into a telecom closet.
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Virtualization At The Desktop?
The BI Explosion
My Linux Broke -- Is It My Fault?
One of the adages about Linux that gets passed around a lot goes something like, ?It?s a great system, but you really have to know what you?re doing.? The other day, I got a firsthand example of that -- I got bitten by a bug in a package that?s readily available in Ubuntu?s software repository.
Amazon Kills DRM And Puts iTunes On Notice
Digital rights management, otherwise known as DRM, died today, at least as far as music is concerned. Apple CEO Steve Jobs, who deserves credit for calling for the elimination of DRM earlier this year, may come to regret that the competition has taken his advice to heart.
What Microsoft Could Do With Facebook
Microsoft's reportedly in talks to invest somewhere between $300 and $500 million for a stake in Facebook. Here's what Microsoft could do with it.
Demo Day 1, Part 3: Games
On to the games. It's hard to imagine they pay me for this.
Demo Day 1, Part 2: Social Networking
No time for coffee, we're jumping straight into social networking.
Google's Virtual World Could Be Business Answer To Second Life
As if Google isn't pervasive enough, it looks like the search-engine company is planning to launch its own virtual world, which will compete with Second Life, but could be much more valuable to business users in real-world applications.
Motorola Bows WiMax Chipset For Mobile Devices At WiMax World
The new wireless modem will help bridge 3G and 4G technologies and eventually find its way into electronics, including mobile phones.
Demo Day 1
Blogging from a live event is a new thing for me. What can I tell you during the event that couldn't possibly wait until the end of the day? Probably not much, but I've got a couple cups of coffee in me and I'm surrounded by people doing the same thing, so here goes...
Is Anyone Really Surprised That Apple Won't Support Hacked iPhones?
I'm not. And I don't blame them, either. When you buy an iPhone, you implicitly agree to a legal contract in order to use it. Why should they support you if you decide to break the contract?
Governance, Risk, Compliance and Beyond: The Emergence of Strategic IT Risk Management
Path to Profit: Transform your Underwriting Processes
Utilizing Enterprise Management Systems to Support Lean Manufacturing
Empowerment as a Growth Strategy -- Oracle Corporation - CRM on Demand
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