Has the U.S. Lost its IT Edge?

Has the US Lost its IT Edge?

Has the US Lost its IT Edge?

InformationWeek Analytics today released its report “Research: Innovation Mandate”, in which almost 625 leaders in the business technology industry give their opinions on the possibility that the US is slipping behind other countries in global IT innovation.

Economists, researchers, and policy-makers have been talking about the decline of the American IT industry for almost a decade. Reports have been released questioning the abilities of IT companies and vendors based in the US to develop new technology faster that countries with better technical educations and more national support.

The information gathered by InformationWeek addresses this sense of urgency, which is escalated by the worry over the recession, with facts instead of fearful speculation. The most profound changes in the IT industry in the past 10 years have still come from the US, not other countries. However, changes and challenges are evident.

The report shows that the experts and business leaders surveyed for the research report are concerned with the continued offshoring of IT jobs. Moving these technical jobs to India and European countries discourages American students from seeking a career in the industry. 66% of respondents rated this as one of their top three concerns.

Other high ranking top three concerns include inadequate technological education, the lack of a cohesive national policy during with technological developments, and low funding from IT companies in the research and development departments.

The first improvement most of the researchers and respondents agree upon is the development of new education standards for comparing the technological aptitudes and understanding of US students to those of other countries. Experts like Craig Barrett also recommend cuts in corporate taxes, regulations, and healthcare costs for companies responsible for groundbreaking IT developments. By creating a more conductive environment for these companies to do business in, they will be less tempted to ship important technological jobs overseas to save money.

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