2007 Vital Signs

Flat budgets and slow hiring are on tap for 2007, according to our quarterly survey of IT executives.

Computerworld's exclusive Vital Signs 2007 survey shows flat budgets and slow hiring in the year ahead. IT managers are putting security and data recovery at the top of their priority lists, and expecting a big impact from Vista.   FLAT BUYERS

Half of all respondents surveyed this year said they expect their 2007 IT budgets to remain the same as last year. Just one year ago, the budget picture was quite different:

2007 IT budgets

 
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 Will increase
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 Will remain the same
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 Will decrease
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2006 IT budgets

 
orange.gif
 Will increase
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 Will remain the same
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 Will decrease
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Sources: 252 respondents to Computerworld's first-quarter Vital Signs survey 2007, and 338 respondents to first-quarter Vital Signs survey 2006

BUDGET BUSTERS

The top five management challenges for 2007:

1. Budget constraints

2. Managing developing personnel

3. Managing projects

4. Regulatory compliance

5. Dealing with mergers or acquisitions

Source: Computerworld's quarterly Vital Signs survey, 252 respondents

TOP PRIORITIES

IT executives said their top IT project priorities for the next year are:

1. Disaster recovery/continuity planning

2. Data security/privacy

3. Data management implementation or upgrade

Source: Computerworld's quarterly Vital Signs survey, 252 respondents

QUICK HITS

Top five technologies that yield the fastest payback:

1. Data management/business analytics

2. Antivirus protection

3. E-mail/groupware

4. Voice-over-IP

5. Storage-area networks

Source: Computerworld's quarterly Vital Signs survey, 252 respondents

HIGH PROFILE

Top five technologies that yield the most visible payback:

1. ERP

2. E-mail/groupware

3. Web services

4. Data management/business analytics

5. Wireless/mobile

Source: Computerworld's quarterly Vital Signs survey, 252 respondents

MEASURING STICKS

The top five metrics to show the value of technology projects:

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 Return on investment - 61%
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Payback period - 33%
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Economic value added - 22%
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Internal rate of return - 21%
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Balanced scorecard - 19%

Source: Computerworld's quarterly Vital Signs survey, 252 respondents; multiple responses allowed

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