Top 10 Blockchain Challenges – Janco Associates conduct a survey of IT Blockchain Project Managers in large and mid-sized corporations. 178 PMs participated in the study. All of the managers had been operating in that role for over one year and several had been project managers for well over five years. They all had at least 5 project team members and the largest project had over 60 IT professionals on it.
Top 10 Blockchain challenges are associated with the importance and priority of the associated development and implementation activities
Top 10 challenges identified by Janco are:
Coordination Internal/External requirements, specifications, and activities – 63%
Overworked with Manny work weeks that were well over 60 hours – 53%
Understaffed with scores of open requisitions that remained unfilled for months at a time – 51%
Changes in specifications both on the data and requirements that were moving targets – 47%
Changes coming too fast as more was done the rate of change increased at an ever-increasing rate – 42%
Technology New & Rapidly Changing as tools and available resources/tools keep evolving – 42%
Scalability of applications designed into the infrastructure architecture – 41%
Deadlines not agreed on and set arbitrarily by individuals not involved with the day-to-day development – 39%
Staff turnover as key members of the team are burned out and or hired away -34%
Staff skills gaps as many team members did not have all of the skills and experience necessary to complete tasks in a timely manner – 34%
Disaster Recovery Business Continuity Template – 2019 Version Released
Disaster Recovery Business Continuity has just been updated and the 2019 Version has just been released. The changes to this version are:
Updated all included job descriptions
Updated all included forms
Disaster Recovery electronic forms
Safety Program electronic forms
Added co-location checklist
Audit Program Updated
2019 Version now available for immediate download
Changed core document to exclude job descriptions and forms which are delivered in their own directories
Business and IT Impact Questionnaire is delivered in its own and comes as a MS WORD, pdf, and eBook electronic format
3 included job descriptions are delivered in their own directory
The chapters of the template are:
Business Impact Analysis
Disaster Recover Organization
Disaster Recovery Organizational Procedures
Appendix – Full of tools and checklists
Also included as separate MS Word and/or eBook electronic files in thier own directories:
Job Descriptions – Disaster Recovery Manager, Manager Disaster Recovery and Business Continuity
Disaster Recovery electronic forms – Business Continuity Site Evaluation Checklist, Business Continuity LAN Node Inventory, Business Continuity Location Contact Numbers, Business Continuity Off-Site Inventory, Business Continuity Personnel Location, Business Continuity Plan Distribution, Business Continuity Remote Location Contact Information, Business Continuity Server Registration, Business Continuity Team Call List, and Business Continuity Vendor List
Safety Program electronic forms – Area Safety Inspection, Employee Job Hazard Analysis, First Report of Injury, Inspection Checklist – Alternative Locations, Inspection Checklist – Computer Server Data Center, Inspection Checklist – Office Locations, New Employee Safety Checklist,Safety Program Contact List, and Training Record
Business Imact Analysis Questionnaire – PDF and MS WORD Formats
Business Impact Analysis electronic form – Application and File Server Inventory
eBook versions – Disaster Recovery Business Continuity Template and the DPR Audit Program
Blockchain Education is Addressed by Several Universities
The blockchain job description was created with the assistance of two Fortune 100 CIOs.
Blockchain Education now is addressed by a number of universities. They understand that it is a hot evolving technology. Salaries for developers can reach $180,000. Late last year there were over 12,000 open positions – that was 4 times the number of open positions at the same time in the prior year.
Course address cyber currency (Bitcoin) and business scale blockchain networks. Some of the universities include:
Stanford University has a course called “Bitcoin Engineering”
UC Berkeley scheduled a two-course series which attracted 7,400 students before it was closed out. The topics were cryptocurrencies and business-scale blockchain networks.
MIT has two Instructors teaching Applied Blockchain.
Many other universities are addressing this area as well. It’s still very early in the game, so there is going to be that market for the hotshot blockchain technologist who will build systems and can hop from company to company and make a ton of money. But, if the promise comes through on the potential, there will be a lot of work in this space for many years, even a decade or more. This will be entrenched and deeply connected into the enterprise. It will be making money. It will be a core piece of the infrastructure.
Role of the Blockchain developer
The job description documents over 25 specific accountabilities for an individual in this role. Below are some of them:
Design groundbreaking software products with an eye toward compliance.
The subject-matter expert (SME) for the Blockchain applications including a knowledge of the top partners that make up our Blockchain segment globally.
Own the execution of the strategic plan for each market segment, which includes aligning with partner development managers who manage our top technology and consulting partners focused on Blockchain, maximizing influenced revenue driven with and through partners
Working with partner development managers, build C-level relationships with our top partners and generate interest in new programs focused on DevOps/Tools
Represent the partner strategy for Blockchain to our internal and external stakeholders including the sales teams as well as media coverage and industry events focused on the Blockchain segment
Median Compensation for IT Professionals based on Janco’s January 2019 IT Salary Survey
High Paying IT Jobs that are in high demand are associated with the new e-commerce roles and Internet based application areas. All of the job titles that we have listed here fall into positions where the starting salaries are above the median salary of $93,077 for all IT professionals.
The positions that fall we define as high paying for this analysis are associated with IoT (Internet of Things), Salesforce Automation, Virtual Reality and Security. These are the hot Job titles. The entry level for each of these positions is over $100,000 and some have pay ranges that exceed $200,000.
The positions most in demand and commanding the highest are the associated with Salesforce Automation and that unique application. That is followed closely by IoT and Security.
If the current demand for these skills continues, two things will happen. First, there will continue to be an increase in the compensation levels for these positions. Second, more IT Pros will migrate into these positions increasing the supply. That in turn will be dampening factor on compensation.
We have seen this before when new technologies required specialized skills. Typically we found that it took 24 to 36 months for the supply to catch up with the demand. At that time salaries leveled off.
In any case, we see the median salary for all IT professionals at around $97,000 by the end of 2019.
DRP BCP Audit Update Released with updates that have been implemented to see that the latest mandated requirements of ISO, the U.S., and the EU are complied with.
This Disaster Recovery / Business Continuity Audit program identifies control objectives that are meet by the audit program. There are approximately 50 specific items that the audit covers in the 17 page audit program. Included are references to specific tools that will assist you in addressing any defects or shortcoming the audit uncovers.
The Audit program covers the following control objectives:
Ensure that adequate and effective contingency plans have been established to support the prompt recovery of crucial enterprise functions.
Ensure that all mandated disaster recovery, business continuity, and security requirements have adequate compliance policies.
Ensure the survival of the business and to minimize the implications of a major enterprise and/or I T failure.
Ensure that all the potential risks to the enterprise are identified and assessed.
Ensure the optimum contingency arrangements are selected and cost effectively provided.
Ensure that an authorized and documented disaster recovery / business continuity plan is created, maintained up-to-date, and securely stored.
Ensure that the recovery plan is periodically tested.
Ensure that all internal and external parties are fully aware of their responsibilities and commitments.
Ensure that appropriate liaison is maintained with external parties (i.e. insurers, emergency services, suppliers, etc. ).
Ensure that both the damaged and recovery sites are secure and that systems are securely operated.
Ensure that systems and procedures are adequately and accurately documented.
Ensure that public and media relations would be effectively addressed.
The audit programs is available as a standalone item. In addition it is included with several of Janco’s offerings. They are:
High Demand for Big Data and Data Warehouse Skills. Data Warehouse and Big Data Salaries are on the upswing because of this. In addition, they are tied closely with blockchain applications which is an area of intensive focus. As a result, many of these positions are difficult to fill with qualified individuals. In some situations companies have to hire contractors who have these skills in order to complete the design and implementation of systems requiring these skills. The challenge that CIO and hiring managers face is how to train and / or recruit this talent.
Beyond the management of these technical resources, the positions are divided up in three (3) categories: architects (Data Scientist, Business Analyst. Data Analyst), administrators (Oracle DBA, SQL DBA), and developers (Data Warehouse Programmer, Oracle Programmer, Entry Level Programmer, Hadoop/Cluster Programmer, SQL Programmer)
In Janco’s Job Classification System each of these groupings are a job family classification. Classes provide the ability to set minimum job requirements, promotion criteria and compensation. All of these factors are used in the definition of detail job descriptions.
Salaries for Big Data IT Pros are in the upper mid-range. Only the top seven positions fall at or above the overall median range of salaries of $93,077 in the 2018 IT Salary survey
IT Job Market Explodes with 107,100 new Jobs added in 2018
IT Job Market Explodes with 107,000 new jobs in 2018. In addition, Janco forecasts that an addition 100,000 plus new IT jobs will be added in 2019.
IT Job Market Explodes with the latest adjustment in the number of IT Job in November and December of last yerr. The adjustment added 55,600 new jobs ins the IT job Market
Hiring for IT Professionals continues unabated. The economy is generating demand for more IT Professionals. CIOs are creating new jobs that address the increased focus on security, data privacy, Internet-based operations, and digital automation. Blockchain applications are continuing to demand more resources as seamless information flow is prime operational objective.
The median salary for all IT Professionals based Janco’s latest salary data is $93,077. That is $2,628 higher than the same time last year. Supply and demand are working in favor of qualified IT professionals. Janco forecasts that the median salary for all IT professionals will be in the $97,000 range by the end of 2019 – a $4K increase.
All of this means that it is a good time for those in the IT profession. Not only are they in for better pay but they will be working on projects that impact the operation of the enterprises they are in. The only requirement they have is to stay current and invest in themselves with training in new technologies.