CIOs deliver positive forecast for the Greater China technology sector

Nov 12, 2015:

Chief Information Officers (CIOs) across Greater China (Hong Kong, Mainland China and Taiwan) have expressed their optimism toward the technology job market in the next 12 months in the recent Michael Page 2015 Greater China CIO Viewpoint.
  • 46% of CIOs predict the technology job market will improve; 35% state it will remain steady
  • 53% of CIOs expect to increase headcount in the next 12 months
  • 49% of technology professionals state that their budgets have increased in the past year
  • 62% of CIOs claim that their IT budget is the equivalent of 1-5% of their company’s revenue and over one out of four (26%) respondents say it is as high as 6% or above
  • On average, 38% of a CIO’s time is spent on operations, and 24% spent on strategy
  • Big data has been a key area of focus for Greater China's CIOs in 2015 especially in Hong Kong and Taiwan, while mobility is a strong area of focus in the next 12 months

In terms of the main business improvement projects, CIOs are primarily concentrating on improving processes such as data consolidation and sales operations, but improving experiences for mobile and wireless devices will be key moving forward. In the next 12 months, mobility is nominated as the top area for new technology spending by CIOs in Mainland China and Hong Kong, while in Taiwan, where CIOs are much more focused on managing the drivers of business performance, cloud services are ranked as their top priority for 2016.