OdinJobs, the largest IT job search engine, announces the release of the third quarter, 2008 Job Market Statistics, providing a comprehensive picture of the job market including historical comparison of the demand trends, median salary and salary distribution.

"The market statistics tool allow users to query our knowledge base of over 8 million jobs to determine salary distribution and job demand" says Naveen Bala, founder and president of OdinJobs.com. "Users can preform a what-if analysis using multiple skill combinations to see what is still in demand and what pays more".

"Salary tools in the market heavily depend on surveys and do not support what if analysis", says Bala. "Every working and job seeking professional need to use this tool to see if their skill combination is still hot in the market. This tool is also available as a downloadable and customizable widget that can be added to any website or blog".

Visit http://www.odinjobs.com/StaffIT/MarketStatistics to see the tool in action, or go to http://www.odinjobs.com/tools.html to customize this tool for your blog or website.

OdinJobs tracks the technology job market by monitoring thousands of corporate web sites, job boards and blogs. IT professionals, employers and recruiters can drill down on the basis of job roles (development, testing, management etc) or by popular skills and analyze the market across the United States.

About OdinJobs.com

OdinJobs (www.odinjobs.com) finds the right job for a job seeker, where ever it may be. Odinjobs uses its AI based matching to identify the right jobs based on a job seeker's qualification and preference. OdinJobs makes job searching easy, fast, and more relevant.

 

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Jason Hiner posted Seven Hot Acronyms that you need to know, to keep up with the trends in IT Management.

I decided to compare ITIL, SOA, MDM, BI, CMDB, BPM, the hot acronyms in IT management according to Jason, to see what was popular in the job market and the median salaries for these skills. (I have not used TCO - total cost of ownership in the comparison)

For those who are clueless as to what these are,

ITIL stands for IT Infrastructure library, a set of concepts and techniques to manage IT.. (wiki)

SOA - Service Oriented Architecture, a way to modularize so that components become plug and play 

MDM - Master Data Management, processes to aggregate unique information about  customers, products, vendors, employees etc.

BI - Business Intelligence, collection and analysis of business information to support better decision making

CMDB - Configuration Management Database,  a repository of information about the entire IT infrastructure

BPM - Business Process Management, manage business processes through technology to make it more efficient

Wow! Don't we love our acronyms/abbreviations.

Now continuing to find out what is in most demand and what pays the most. For the attention deficits, I will publish the result first and then the analysis.

The most popular acronym is BI - Business Intelligence which averages about 7500 jobs a month. 

The Acronym that pays the most is CMDB - Configuration Management Database with a median salary of $91.08K.

 

 

ITIL, SOA, MDM - Job Demand (July' 06 - June' 07)

 

ITIL, SOA, MDM - Median Salary Comparison

 

BPM CMDB BI - Job Demand (July'06 - June'07)

BPM, CMDB, BI - Median Salary Comparison

The Acronyms Ordered by Job Market Demand    Avg. Jobs/Month Median Salary  BI  7500  $78.59K  SOA  4000  $87.80K  BPM  3000  $84.34K  ITIL  2800  $80.98K  MDM  500  $82.34K  CMDB  200  $91.08K

 

My advice to current and future IT managers: Learn or at the very least familiarize yourself with SOA. SOA not only shows strong demand in the job market but also pays pretty well.

 

 

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