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What is a VP of Information Technology?
The VP of information technology is a senior-level position. The VP of information technology is responsible for the overall direction and management of all aspects of technology for a company.
Companies that have a VP of information technology carry out the following tasks:
1. Software development to meet specific business requirements.
2. Database Development and design.
3. Security technologies and processes.
4. Networking and telecommunications technologies.
5. Hardware, software and networking management.
6. Web-based applications for e-commerce, e-business, e-learning, etc.
7. Data warehousing, data mining and knowledge management technologies.
8. Integration of new systems into existing business environments or applications and infrastructures. It is to improve efficiency and performance and business intelligence systems to support decision making in the business environment.
9. Maintenance of existing infrastructure to ensure business continuity is maintained at all times and implementing disaster recovery plans. Also, it is to ensure that business operations can continue in the event of an emergency or disaster situation that impacts the data centre or other parts of the network infrastructure.
10. Helping with implementation projects by providing advice on project planning. These do requires analysis, cost estimation, risk management, project scheduling, human resources planning and other project management functions. It includes reporting progress against milestones.
11 . Ensuring compliance with relevant industry standards such as Sarbanes Oxley Act (SOX), Health Insurance Portability Accountability Act (HIPAA), Gramm-Leach Bliley Act (GLBA), Payment Card Industry Data Security Standard (PCI DSS), Federal Information Security Management Act (FISMA), Internet Assigned Numbers Authority (IANA) IP address assignments etc.
12 . Providing IT consultancy services to businesses that want advice on future IT strategies. These include upgrading existing software or hardware components. Also, developing whole new systems for advanced applications like supply chain management. It includes enterprise resource planning (ERP), customer relationship management (CRM), customer self-service websites etc.
Education
Most employers often require a master’s degree in computer science or information technology. Some businesses need the business expertise obtained by an MBA. Vice presidents of information technology divisions must be well-versed in both IT and business.
The finest candidates finish an MBA degree focusing on computer science or information technology management, bringing the best of both worlds to the table.
Experience
In addition to higher education, most organizations look for several years of experience before evaluating a candidate for the post of IT vice president. While the duration of knowledge varies depending on the company, 20 years or more of IT expertise is not uncommon for the role.
This expertise should encompass computer operations, programming, and system design, ensuring that the VP is well-rounded and skilled in all elements of information technology.
VP information technology salary
According to the Robert Half technology compensation guide, the salary range for an information technology vice president in 2012 was between $123,000 and $179,750. According to the Half report, salaries are anticipated to rise by around 4% in 2013 and remain stable in future years.
