Tagged: Information Technology Industry

Study: 68 percent of IT projects fail, user centered methodologies to save the day 1

Study: 68 percent of IT projects fail, user centered methodologies to save the day

According to new research, success in 68% of technology projects is “improbable.” Poor requirements analysis causes many of these failures, meaning projects are doomed right from the start […]

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Finance industry employees in China top salary rankings

Employees in the financial sector earned much more than workers in other industries last year thanks to the lucrative financial market, an annual salary report has revealed. The report, released by leading human-resources service provider Zhaopin.com in Shanghai, was based on a survey of more than 1,000 companies across all sectors throughout the country last year. It found workers in the financial industry were paid an average salary of 4,987 yuan (US$694) per month. The figure is about 40 percent higher than the national average […]

Shanghai IT income set to beat US$128billion 0

Shanghai IT income set to beat US$128billion

Revenue of Shanghai’s information technology industry is set to double last year’s figure to surpass 1 trillion yuan (US$128 billion) in 2010 when the World Expo is held here. The city will invest heavily in several IT projects for the expo, such as a citywide wireless broadband network, a digital transport management network, electronic payment and social security systems, paper-less customs application system and mobile TV, according to Shanghai Municipal Informatization Commission […]

Information Technology Salaries in the Rise in Shanghai 0

Information Technology Salaries in the Rise in Shanghai

People working in the information technology industry earned more than employees in all other industries on average last year, according to the Shanghai Statistics Bureau. The wage gap between different sectors widened last year. The average wage in the IT sector was 3.55 times of the average salary for those in the service sector, the lowest paid group of workers, while in 2000, the average wage in the highest sector was 3.24 times that of the lowest […]

Internet in China: Online Gaming & “Gold Farming” 2

Internet in China: Online Gaming & “Gold Farming”

According to the China Internet Network Information Center, the population of Internet users in China by last June is over 123 million — 63% of those people have broadband access. More that 20 million chinese play online games, and the e-commerce revenue have grown 50% in relation to last year numbers. Estimates of the revenue of the online gaming industry points to a total of 1.3 billion dollars by 2009, an annual growth of 35%, according to IDC. Such growth ended pushing the numbers of other sectors up: online games brought 17.3 billion Yuan (2.14 billion dollars) to industry, 7.1 billion Yuan (887.5 million dollars) to the industry, and 30 million Yuan (3.7 million dollars) to the industry […]