Latest news of interest from the CIO's primary news feed
Disaster Recovery Planning, Job Descriptions, Salary Survey, Business Continuity, ITSM, SOA, Compliance, SOX, and HIPAA
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- Role of subsidiary vs. the parent company
- IT infrastructure Stategy
- IT Infrastructure Compliance
- Compliance and risk management responsibilities
- Protecting the corporation
- Proper oversight of subsidiaries
- Models of corporate governance
- Role of the CIO in subsidiary IT governance
- Controls relating to subsidiary IT Infrastructure Governance
20% of the US workforce does some telecommuting
Telecommuting is on the rise
With the rise of the Internet, and the increase in affordable bandwidth comes a new type of worker, the telecommuter. Available technologies have allowed most companies to offer the ability for certain employees to work from home instead of the office.
This not only benefits the employee, but also the company itself. As more and more employees clamor for the ability to telecommute, it is imperative for companies to implement a viable telecommuting policy.20% of the US workforce does some telecommuting
IT Job Market Still Hot But Softening
Janco predicts that over 93,400 net new IT jobs will be created in 2019
Along with Janco, several investment banks are warning that the continuing U.S. China tariff war may be finally take a toll on the economy. That comes on the heels on other less-than-cheerful BLS data that may well dampen corporate confidence in a once-robust job market. Confidence is important. If people aren't confident and think there'll be a recession, they'll start pulling back.
When Final 2018 number of IT jobs is compared with 2017 there were 45,900 more new IT jobs created in 2018 than 2017. The turnaround in the economy was the primary driver, as companies were significantly more bullish with the tax cuts and fewer regulations. In the first 5 months of 2019 34,600 new jobs were created. That brings the size of the IT job market to just under 3.6 million positions - and growing.
In addition, a number of analysts are showing increased concern that higher costs will slow consumer demand and reduce capital spending. Meanwhile, in the past week or so alone, leaders have learned that U.S. manufacturing growth is at its lowest level in three years; construction spending is flat; and the economy added only 78,000 jobs in May, well below the average 175,000 since 2016 and far below analyst expectations.IT Job Market Still Hot But Softening
IT Infrastructure Governance in Subsudiaries
IT Governance Infrastructure, Strategy, and Charter Template
Governance professionals in large corporations with subsidiaries expend an appropriate amount of resources on robust corporate governance at the parent corporation level but neglect providing the same level of governance services at the subsidiary level. This is a trap for the unwary.
Areas that IT governance strategy that need to be answered are:
IT Infrastructure Governance in Subsudiaries
Security Infrastructure Critical
Security and Compliance Management Made Easy
In a recent report by a major research firm, the number of data breaches per year has increased by 392% from 2005 to 2017. Importantly, that is only counting breaches that were detected! With data breaches come costs associated with detection, escalation, notification, response, and lost business.
At an average cost of over $1 million dollars many have a material effect on enterprises operations. The expenditures can be devastatiny and as the number of breaches per year goes up, so does the price. As data breaches become a daily concern, the question becomes not if, but when a data breach will affect you. Automating your security deployment with customized data filtering should be a top priority so that breach damage is kept at a minimum.Security Infrastructure Critical
Salaries Take Larger Portion of IT Budget
Salaries Take Larger Portion of IT Budget - IT compensation and hiring accelerates
IT budgets include everything from computers and servers to software, apps, cloud services, web hosting, maintenance, cybersecurity, telecommunications, audio visual equipment, outsourcing, consulting, travel, and of course, IT staff.
In a recent study, a major consulting firm found that companies spend on average 3.28% of their revenue on IT. Banking and securities firms spend the most (7.16%) and the construction industry spends the least (1.51%). They found that of high-performing companies (those that consistently outperformed the S&P), 57% increased their IT budgets from last year.
Two things are at play today. First, there is a high demand for experienced IT professionals, which is putting upward pressure on IT Salaries. Second, the cost of hardware and software technology is dropping. This is resulting in less being spend in those areas.Salaries Take Larger Portion of IT Budget
Security Manual Designed to Manage Risk
Security Manual Makes Risk and Compliance Management Easy
As the threat landscape continues to evolve, organizations must abandon traditional defensive postures for proactive strategies designed to mitigate risks and help them quickly recover.
The Security Manual documents Janco's research and perspectives from industry leaders on recent threat trends, risk mitigation strategies, and lessons learned from those in the security trenches.Security Manual Designed to Manage Risk
Universities Work Together On Payment System
Universities Work Together On Payment System - Shades of Internet Development
Universities Work Together On Payment System just like they did when the Internet was developed by them in the late 1960's with ARPAnet.
Several universities, including MIT and Stanford, are working together to develop a digital currency network that solves blockchain's scalability and performance problems before public confidence in the technology erodes.
Funded by a Swiss-based non-profit organization, the cryptocurrency application, called Unit-e, and its blockchain-based payment system is expected to launch in the second half of this year; if successful, it would surpass even mainstream financial networks like Visa's VisaNet in transactional capability.Universities Work Together On Payment System
2019 Version of 300 IT Job Descriptions Released
Internet and Information Technology Positions Description HandiGuide with 300 Full Job Descriptions Released
The Internet and IT Position Descriptions HandiGuide was just updated and is over 800 pages. The Internet and IT Position Descriptions HandiGuide is a complete HR Toolkit. It includes sample organization charts, a job progression matrix, and 300 Internet and IT job descriptions.
The 2019 version of this tool is availabe for immediate purchase and download. It is delivered electronically. This along with the 2019 IT Salary Survey are key elements of the IT Hiring Kit.2019 Version of 300 IT Job Descriptions Released