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How Will 2011 IT Budgets and Salaries Look?

According to eWeek's information about an SIM report, “For IT budgets, 38 percent of executives are increasing them next year, 27 percent are decreasing them and 35 percent are keeping them flat. Compared to last year, there is an 11 percent increase in budget spending—a good sign for projects and resources that have been on hold or postponed. Furthermore, "In exact terms, 61 percent of executives are planning to give technology worker salaries a boost in 2011. Only a third of employers will be keeping salaries flat. The silver lining is less than 10 percent will be chopping salaries next year, according to annual data compiled by SIM (Society for Information Management), which surveyed more than 172 companies."

eWeek reported that companies expect for their technologies to be cost-cutting and revenue-producing investments. eWeek stated, "Business intelligence—despite its expense and effort—continues to be the No. 1 technology investment of 2010."

Find out more about 2011 forecasts now!

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