In a recent Computerworld survey, 52 per cent of the respondents said they're working on IT projects that will provide their companies with a major competitive advantage.
Historically, the U.S. power industry has been gun-shy about outsourcing critical IT functions to third-party service providers such as IBM Corp. and Electronic Data Systems Corp.
Pat Cozzi has been working on a top-secret project at an IBM Corp. laboratory in Almaden, Calif., since June 2. He's restricted about how much he can say about it, other than that the project centres on archival storage and that the work he and his team are doing could one day have a dramatic impact on future products and the storage market. By the way, Cozzi is a 21-year-old senior computer science major at Pennsylvania State University.
Many state and local government IT departments face massive cutbacks because of the weak economy and declining tax revenue. But in Fairfax County, Va., US$9 million is being set aside to continue a series of IT modernization projects in the fiscal year that starts July 1.
Cost pressures and the need for increased business agility are leading a growing number of companies to shift more of their IT work offshore, according to panellists who discussed sourcing issues at the Computerworld Premier 100 conference early this year.