Expanding activity and energy in the IT industry is indicating a good time for investing in IT skill education and certification. Based on activity, the economic outlook in the industry and in general is much stronger than in recent years. Early adopter of key skill sets are likely to see above-average career opportunities.
In 2010, mergers and acquisitions in the technology sector have picked up significantly over recent years which is signaling a return of confidence by technology companies. Overall this bodes well for the economy as the disposition of the tech industry is often found to be a bellwether for the overall economy.
According to John Shea of Berkery Noyes, mergers and acquisitions indicate how people are viewing the economy 3-4 years in the future. Not only did activity rise but the prices paid were at pre-recession levels. In 2010 there were 1,121 transactions in the software industry versus 819 in 2009. Value of those deals was up over 100% as well. Niche software, business software and infrastructure software saw the most activity, according to the Berkery Noyes report.
Increased M&A activity in the previous year coupled with renewed vigor in enterprise-level pursuit of significant projects such as entering Cloud Computing and enabling workforces with tablets and custom mobile apps are all indications of how investing in an information technology career – new or existing – is likely to provide positive returns over the coming years.
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