Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (14176)	10/6/2003 10:28:40 PM
From: yard_man	Respond to of 306849

>>Along with bubble in tech stocks there was a bubble in tech jobs. Many were underskilled and overpaid. << We have a fairly large IT dept for the size of our company and I would have to agree ... at one time anybody with a degree in IT and training in some specific popular technology could command pretty big salaries -- it was a bubble -- The return on doing some of the stuff in-house that we could have simply bought and adapted to our own use -- well the return hasn't been so hot. Many I have talked to are in favor of eliminating our IT dept in favor of having some SW engineers simply assigned to support various depts. I don't know about other firms, but for us this would make a lot of sense -- to be of much use, SW engineers have to learn a lot more than programming. They need to be "domain" experts as well. I have to do a fair amount of programming, relational DB design, customization, etc -- to support the analyses that I do. Often, I'd like to hand off programming aspects to someone else, but the time taken to bring the up to speed on the relationships among the information sets is too great vs. the time I could put something together on my own. The pro forma financial model of our business uses EXCEL as a platform. It really is "stone-age" technology -- near impossible for data integrity, but management is stodgy and penny-pinching --- if we did decide to change we certainly wouldn't look at a package, we'd pay our own in-house folks to create it and spend 3-4 times as much in the process. We already did this once with trading software. Took 2-3 years to build and hoards of programmers to create -- now it is a nightmare to maintain. Guess it is called "job security."