IT Hiring Market Report – January 2012
The Dice IT Hiring Market Report is a roundup of news related to technology hiring, compiled from various sources by the Dice Editorial Staff.
The Data Management Software Market Is Surging
Worldwide master data management (MDM) software revenue will reach $1.9 billion in 2012, up 21 percent from 2011, according to Gartner. The number could hit $3.2 billion by 2015. While the market today is dominated by IBM, Oracle and SAP, half of its revenue comes from smaller vendors who design custom solutions. Gartner says the current growth rate is the biggest since 2008.
Healthcare IT Employment Is On the Rise
Again, good prospects for job growth in Healthcare IT. Employment is rising along with healthcare spending, which is expected to hit $40 billion by the end of 2012. MIS consulting firm Janco Associates says much of the growth will come from spending on electronic health record (EHR) systems, mobile health applications and efforts to comply with new government standards. It expects the U.S. healthcare IT market to grow by about 24 percent annually through 2014.
Seven Tech Jobs That Will See Demand Grow
Robert Half Technology sees skills among the most sought-after this year:
- Mobile applications developers
- Data warehouse analysts
- User experience designers
- Data security analysts
- SEO/SEM specialists
- Network engineers
- Web developers
Hiring Freezes May Persist
Even as 75 percent of companies see demand rising for new IT projects, hiring freezes will persist at 30 percent of them, according to InformationWeek’s Outlook 2012 Survey of business technology professionals. Fifty-six percent say their companies plan to increase IT spending this year, and just 16 percent think they’ll cut. The survey asserts that CIOs will continue to rely heavily on outsourcing as the variable component to their workforces, absorbing the peaks of IT demand as well as fulfilling specialized skills.
Texas Cities Among Top for Job Growth
- Nine Texas cities placed among the top 25 American cities for job growth in 2011, says the Milken Institute, far more than any other state.
- Meanwhile Houston, Dallas and McAllen were among the 20 top-performing large U.S. metros, according to a Brookings Institution survey that measures housing prices, employment and economic growth.
- An interesting note: Utah had three cities in Milken’s top 25, thanks to the growth of high-tech jobs.