Information Technology, Software Services

7370|
541500|
7370

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OVERVIEW

An examination of the Information Technology, Software Services industry's compensation data. This data is backed by ERI's extensive research using industry salary survey data.

Information Technology, Software Services Industry's average salary is 1.00% higher than the US average

Description

Information Technology, Software Services

This industry group includes businesses engaged in computer maintenance and repair, computer programming services, prepackaged software, computer-integrated systems design, data preparation and processing services, information retrieval services, computer facilities management, computer rental and leasing, and other computer-related services not elsewhere classified, including emerging technologies such as Software as a Service (SaaS) and Artificial Intelligence (AI).

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Explore the Sub-Industries Under Information Technology, Software Services

Sub-Industries

Computer Programming Services
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Establishments primarily engaged in providing computer programming services on a contract or fee basis. These businesses may also offer related services such as software design and analysis, custom software modifications, and training in the use of custom software. Sample business functions include custom applications software programming, computer code authorship, computer programming services, custom software and systems development, software systems analysis and design, freelance software writing, and custom programming services.

Prepackaged Software and Software Services
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Establishments primarily engaged in the design, development, and production of prepackaged computer software. Key products in this industry include operating systems, utility programs, and applications software. These establishments may also offer related services such as preparing user documentation, installing software for users, and providing user training. Sample business functions include prepackaged applications software, computer software publishing, prepackaged computer games, operating systems software, utility software, as well as solutions in Software as a Service (SaaS) and video game development.

Computer Systems Design and Services
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Establishments primarily engaged in developing or modifying computer software and bundling it with purchased computer hardware (including computers and peripheral equipment) to create and market integrated systems for specific applications. These businesses must provide software development or modification, market purchased hardware, and participate in all phases of systems development, from design through installation. Sample business functions include computer-aided design (CAD) systems services, computer-aided engineering (CAE) systems services, computer-aided manufacturing (CAM) systems services, local area network (LAN) systems integration, network systems integration, office automation systems, computer systems integration, cloud computing solutions, cybersecurity services, turnkey computer system vendors, and value-added computer system resellers.

Computer Processing and Data Preparation and Processing Services
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Establishments primarily engaged in providing computer processing and data preparation services. Services may include complete processing and report preparation from customer-supplied data or specialized offerings such as data entry or making data processing equipment available on an hourly or time-sharing basis. Sample business functions include computer calculating services, computer time-sharing, data entry services, data processing, data verification, key punch services, leasing or rental of computer time, optical scanning data services, and computer service bureaus.

Information Retrieval Services
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Establishments primarily engaged in providing online information retrieval services on a contract or fee basis. The information typically covers a range of subjects and is sourced from other primary sources. These establishments may also engage in Big Data analytics and Data Science to extract insights from large and complex datasets. Establishments involved in activities such as credit reporting, direct mail advertising, or stock quotation services that also create databases are classified according to their primary activity. Sample business functions include database information retrieval services, online information retrieval services, online database access, remote database information retrieval services, big data services, and data science applications.

Computer Facilities Management Services
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Establishments primarily engaged in providing on-site management and operation of computer and data processing facilities on a contract or fee basis. Sample business functions include computer facilities management services.

Computer Rental and Leasing Services
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Establishments primarily engaged in renting or leasing computers and related data processing equipment at the customer's site, with or without maintenance or support services. Establishments involved in both manufacturing and leasing such equipment are classified under Division D, Manufacturing, while separate leasing establishments owned by manufacturers are classified under Division F, Wholesale Trade. Sample business functions include rental or leasing of computer hardware and peripheral equipment (excluding finance leasing or leasing by the manufacturer), and computer rentals (excluding finance leasing or leasing by the manufacturer).

Computer Maintenance and Repair Services
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Establishments primarily engaged in the maintenance and repair of computers and computer peripheral equipment. Sample business functions include the repair and maintenance of computers and computer peripheral equipment, as well as services commonly offered by Managed Service Providers (MSPs).

Specialty Computer Related Services
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Establishments primarily engaged in providing computer-related services not elsewhere classified. Sample business functions include computer consulting, database development, data processing consulting, disk and diskette conversion services, disk and diskette recertification, computer hardware requirements analysis, and tape recertification services.

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