A New Economy and a New Paradigm for IT in Higher Education (Analyst Insight)
Datamonitor
April 29, 2009 107 Pages - SKU: DFMN2268758
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Introduction
Finding growth opportunities in the current economic climate for higher education will be difficult for IT vendors, but those willing to make the necessary investments in their products and re-consider their go-to-market strategies will realize considerable gains in this industry.
Scope- Explains how the current recession impacts the underlying business model of higher education
- Offers insight into which solutions and messaging institutions will most compelling
- Identifies future IT spending trends and how vendors might benefit
Highlights
CRM provides clarity and scalability to the mêlée in admissions and development
Online learning adds seats and reach without the consequent cost
The drive to focus more resources on the core mission will escalate the uptake of SaaS
Reasons to Purchase- Understand solutions and services will appeal to institutions over the short-term
- Gain insight into what solution messaging will resonate with IT decision makers
- Identify what IT spending trends are likely to most benefit vendors
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- Overview
- Catalyst
- Summary
- Table of Contents
- Table of figures
- Analysis
- The financial foundations of higher education are under assault
- It is all about the availability of tuition dollars
- State budgets are being slashed and institutional budgets along with them
- Wall Street groans and Main Street shudders
- The crest for financial aid demand has yet to peak
- The recession adds fuel to the fire for existing IT spending trends
- Institutional IT budgets are likely to be relatively stable in 2009
- Reducing complexity will be an important agenda item for IT spending
- Larger IT projects will be put on the back-burner over the short-term
- Institutions will increase their investment in productivity enhancing IT solutions
- CRM provides clarity and scalability to the mêlée in admissions and development
- Online learning adds seats and reach without the consequent cost
- The drive to focus more resources on the core mission will escalate the uptake of SaaS
- Recommendations
- Provide a premium vanilla option for the implementation of your solutions
- Make usability a guiding principle in product development
- Offer a subscription model in order to increase the value of new IT solutions
- Present a concrete and easily understandable return-on-investment case
- Appendix
- Abbreviations
- Methodology
- Sources
- Further reading
- Ask the analyst
- Datamonitor consulting
- Disclaimer
- List of Figures
- Figure 1: The dependence on different sources of revenue varies by institutional control
- Figure 2: Average undergraduate tuition, fees and room & board: 2006-07
- Figure 3: Colleges and universities are likely to be conservative with their IT spending in 2009
- Figure 4: Reducing the burden of IT maintenance will be a key theme in higher education
- Figure 5: Institutions will continue to invest in a broad array of IT projects
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