Welcome!

News Feed Item

PSVillage Says Executive Salaries Are Up, Along With Operating Budgets and Software Tool Use for Technology Professional Services Organizations

Business Trends and Detailed Financial Metrics Highlighted in the 2014 Professional Services Industry Benchmark Released Today

SANTA CLARA, CA -- (Marketwired) -- 03/19/14 -- Large technology professional service providers are planning for growth of 20 percent, smaller firms are projecting growth upwards of 30 percent and executive salaries have shot up 20 percent, according to the findings of the PSVillage 2014 Professional Services Industry Benchmark announced today. PSVillage is a global community serving technology professional services and consulting leaders.

The 2014 benchmark report reveals trends in financial, staffing and operational key performance indicators (KPI) for services professionals, incorporating closely-held factors such as compensation, billable rates and margins.

In addition to the downloadable report, PSVillage uniquely provides online, on-demand access to the data comprising the report. Users can view individual responses, or filter aggregated data by company size, geography, industry, software delivery model (e.g. OnPremise, SaaS, Hosted) and revenue. Because the benchmark is continually updated with each survey respondent, users always have access to the latest data parsed for usability -- whether it is needed for peer-to- peer or company-to-company comparisons.

The benchmark report and its online access tool covers demographics, human capital, finance, and operations with a robust set of metrics provided for each. For example, human capital data spans 19 different roles within management, sales support, operations and service delivery. Comprehensive compensation and profit-maximizing metrics are provided for each of these roles, including average base salary, target bonus, target billable utilization and billable rate per hour.

Charts covering services utilization models, total costs, cost of services sold, and more are presented along with detailed tables of continually aggregated data. This high quality data is generated by a vetted and growing group of professional services executives who are pre-screened for active professional services management responsibility with profit/loss oversight.

"The online access benchmark is equivalent to having instant access to the industry's most experienced professionals, whenever you need them," said PSVillage founder Terry Jansen. "You can grab the data you need to justify a hire, or a pay increase, for example, or see which delivery vehicles or software tools larger organizations are shifting toward. I'm always intrigued by some of the more surprising findings our analysis reveals, for example that attrition -- based on the salary growth we've uncovered -- is a major risk factor for PSOs this year."

The benchmark report, which also includes a year of unlimited online access to a continually updated and customizable matrix of KPIs, is available for $1495. The benchmark is supported by PSVillage sponsors' ChangePoint, Tenrox by Upland, Hinge and FinancialForce.com.

PSVillage also offers Metrics that Matter and Professional Services Sales Practices reports. For more information, go to http://www.psvillage.com.

About PSVillage
PSVillage is a leading source of Technology Professional Services / Consulting advocacy; information and knowledge sharing; peer-to-peer networking; education; research and more. With a global membership of more than 4,000 professional services leaders -- representing over 1,000 companies -- PSVillage is the largest and most influential community of Technology Professional Services practitioners in the world. The site hosts a moderated discussion forum, the bi-annual Professional Services Industry Benchmark Survey, job board, knowledge library, a spotlight of members, and a variety of high-value services, including webinars, white papers, research and networking events. To learn more, go to http://www.psvillage.com.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Pam Crowley
Crowley Communications
(408) 529-9655
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
SYS-CON Events announced today that China Unicom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE F...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
In his session at @DevOpsSummit at 19th Cloud Expo, Robert Doyle, lead architect at eCube Systems, will examine the issues and need for an agile infrastructure and show the advantages of capturing developer knowledge in an exportable file for migration into production. He will introduce the use of NXTmonitor, a next-generation DevOps tool that captures application environments, dependencies and start/stop procedures in a portable configuration file with an easy-to-use GUI. In addition to captu...