Outlook 2007, Part 1

This article is the first of a two-part series [ View Part 2 ] on career prospects for Web designers and developers in 2007. In Part 1 of Outlook 2007 we'll take a broad view of the economy and identify one area of development that Web technology professionals should learn more about in the New Year.

One snapshot of the economy comes from Chief Executive Officers (CEOs) of large corporations with more 10 million total employees. They predict slow steady growth for the first half of 2007.

Here are a few key findings from a recent survey of 124 CEOs:

• nearly 70% expect sales to increase over the next six months
  
• more than one third expect employment at their U.S. operations to increase

The biggest concern among CEOs:

• more than 50% cited the rising cost of health care as the greatest cost pressure facing their business

The implications from this survey are clear: workers should continue to find employment opportunities during the first half of 2007, but don't be surprised if an increasing number of these opportunities take the form of contract work without benefits.

Complete details are available in the quarterly CEO Economic Outlook Survey available from the Business Roundtable.

For a closer look at job opportunities within the information technology sector, let's see what Chief Information Officers (CIOs) have to say. The Forrester/ITAA U.S. Tech Sector Index reached a five and a half year high in its most recent quarterly survey. "Improved profits and surprisingly optimistic CIOs drove the index to its highest level since Q1 2001," according to a five-page report summary.

However, the IT sector is going through a period of "refinement and digestion." According to the report, " . . . the current period . . . should end around 2008, and it is becoming clearer that Web 2.0, software-driven computing will likely lead the charge."

While the report did not define Web 2.0 the implication is that Web professionals with knowledge and experience in designing and developing database-driven Web applications will fair well in 2007 and 2008.

On a local level, here are two opportunities to connect with technology leaders to learn more about their perspectives on the technology economy in Massachusetts:

• What's Next for The Digital State in 2007, sponsored by MITX -- Wednesday, January 17
  
• IT Futures Forum, sponsored by BATEC -- Friday, February 2

In Outlook 2007, Part 2 we'll take a closer look at the demand for technology professionals and identify three skill sets that Web professionals should focus on developing in the New Year.