Parity reflects on the IT spending outlook for 2006

Released on = March 28, 2006, 5:34 am

Press Release Author = Parity

Industry = Computers

Press Release Summary = Parity takes a look at the new skills landscape in IT
Management and the impact on future skills.

Press Release Body = The outlook for IT spending is expected to be fairly
conservative for 2006 (source: Forrester Research). This is because, say Forrester,
IT departments are now expected to support business goals more efficiently than they
have done in the past. A greater prioritisation on the business and less on new
investments in IT will see just a 1.6% increase in IT spending this year for
European enterprises.

The skills landscape is changing, say Parity, with fewer technicians required and
greater demand for business roles such as those that have PRINCE2 and ISEB
qualifications. Clearly this shift has a major impact on education, internal
training departments and recruitment.

"The new skills landscape has been apparent to the Parity Group for some time", says
David Plummer, Managing Director at Parity Resources. The shift in demand for
project management and program management training and for the ISEB training in IT
Service Management plus year on year increases in demand on recruitment right across
the UK of these job roles supports the rationale behind a cautious IT spending
outlook.

The theory that the education system will take too long to meet demands for
IT/business analysts, IT architecture specialists, project managers and vendor
managers - skills that firms expect to need in greater numbers in the future - is
looking to be a reality unless firms themselves invest in developing the skills
necessary to meet the needs of the business. Standard 'best practice' approaches and
'frameworks', and a good set of underlying business skills are vital in today's
business environment.

For more information in skills and recruitment services for these job profiles:
Parity training

Editorial notes:

About Parity:
Parity, uniquely for its size, offers a full range of IT services including;

Business process consultancy
Change management training
Management training
Technology training
Programming training
Development and management of complex IT systems
Oracle and Microsoft technology and application skills
Permanent and temporary IT staff
Resource process outsourcing

Major companies include:
Alcatel, Allianz, AT&T, British American Tobacco, CISCO, Department for Education &
Skills, Department for Work & Pensions, Glaxo Smith Kline, HBOS, Hewlett Packard, HM
Revenue & Customs, HSBC, IBM, ICI, Ministry of Defence, NASA, Connecting for Health
at the NHS, O2, Perot Systems, Royal Bank of Scotland, Royal Mail, Siemens, Sony
Ericsson, The Cabinet Office, The Meterological Office, and T-Systems.

Contact details:
For more information on Parity, visit Parity or by contacting Gina Cannon
(g.cannon@parity.net )

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Web Site = http://www. parity.net

Contact Details = Company: Parity
Contact Name: samqam
Contact Email: samqam@googlemail.com
Contact Phone: 01315612251

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