The Past and Future of Tech Management and the CIO
The past and future of tech management is intertwined with the evolution of the role of the Chief Information Officer (CIO).
Have you ever wondered when and how the role of the CIO was established? As technology has emerged and technological revolutions have occurred, the role of the CIO has changed over the past 47 years since the title was first coined in 1980.
Tech Management History
In the 1970s the first 4-year programs designed for IT studies appeared. In the 1980s, computers gained some traction, with 10% of management having access to computer workstations. By the 1990s, major transformations began to occur with the use of email.
In 1990 only 19% of CIOs reported directly to the CEO, with 45% reporting to CEOs in 2006.
Future of Tech Management
As the role of the CIO has changed, so has the industry. What once cost $373 per KB in the 1970s costs only $.00095 per KB today. And budgets have grown too, with IT spending $345 billion in 1988 growing to $564 billion in 2011. And, according to the research consultancy IDC, the future of tech management is a global information technology industry market (encompassing hardware, software, services, and telecommunications) of $3.8 trillion in the coming year.
Statistics show that there is only a 3-4% unemployment rate among technology professionals in the United States which is less than half the national rate. And CIOs can anticipate an average salary of $136,667 within the federal government and $154,500 in the Washington, D.C., metro region. IT roles are becoming more important for business innovation, and as projects are growing in importance to organizations, so will the need for highly qualified IT professionals.
At George Mason University, students have the opportunity to earn a CIO certificate along with their Masters in Technology Management degree. CIO certificate programs are another way to distinguish your abilities and can be a differentiating factor in your career. According to CompTIA, 65% of employers use IT certifications to differentiate between equally qualified candidate, and 72% of employers use IT certifications as a requirement for certain job roles.
Mason’s MS in Technology Management degree helps you further your technology leadership career, positioning you to take advantage of opportunities as you sharpen your ability to adapt and excel in an ever rapidly changing business environment. It provides you with an executive-level perspective and the right skill portfolio to manage across all business disciplines.
The Masters in Tech Management has a relevant and focused curriculum, experienced faculty, flexible program design for working professionals, active IT industry and global partnerships, and accomplished students and alumni.
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