Top MIS Executives at Large Firms Made 29% More in Salary Last Year
SANTA MONICA, Calif. - Information technology salaries continued to rise last year, because there were not enough qualified people to fill the demand, a survey found.At the top end, the average salary rose 29%, to $398,626, for the senior management information system executive at a company with more than $500 million of revenue, according Positive Support Review Inc.'s annual survey. The rise averaged 10%, to $297,752, for the top such executive at a midsize company. Salaries for midlevel and staff positions also grew dramatically. Overall, MIS salaries rose 21% at large companies and a whopping 49% at midsize companies.
IBM, Cisco Collaborate in Venture To Prioritize On-Line Information
SOMERS, N.Y. - International Business Machines Corp. and Cisco Systems Inc. have announced a technology collaboration intended to ensure more-efficient handling of large volumes of Internet traffic for corporate customers.IBM's largest network servers can be connected to the Web using Cisco's Internet technology to provide integration between order-taking Web sites and mainframe software applications.
IBM's S/390 traffic prioritization is being coupled with Cisco's priority enforcement to give Internet users more predictable response times and help companies balance the volumes and priorities of network traffic.
For example, an electronic commerce transaction can receive a higher priority than a stock-quote request.
The announcement is the first to result from an alliance between the two companies last year.
Ross Mauri, vice president at the IBM S/390 division, which grew by 195% last year, said in a press conference that "today's e-business strategies call for solutions that need to be rapidly deployed. No one else in the industry can come close to doing this."
Cybertrust to Provide Certification For Internet Commerce in Finland
NEEDHAM HEIGHTS, Mass. - Cybertrust, the digital certificate unit of GTE Corp., said it was selected to provide the central certification authority to the Finnish electronic commerce consortium Certall.Certall - which is owned by major banks, the telecommunications service provider Sonera, and Finland Post - expects to use the digital credentials to enable four million citizens to conduct on-line transactions securely.
On-line banking transactions, stock trading, and mobile commerce via wireless devices are among the contemplated consumer services.
The number of certificates that Cybertrust has licensed worldwide surpassed 10 million.
Cybertrust president Peter J. Hussey attributed that largely to the "secure extranet strategy," which includes technology tools, as well as consulting support for organizations to build secure links to customers, business partners, and other outside parties.