Monday, 11 August 2014 23:09

‘Vibrant market’ for tech skills, but demand ahead of supply Featured

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There’s no jobs boom, but there is continuing momentum in job growth in Australia’s ICT sector, according to a newly published salary and employment index. While jobs demand, however, is slowly creeping upwards, that demand for digital professionals is currently outstripping supply.

In its latest ICT Salary & Employment Index, ICT recruitment firm Peoplebank says that with demand for professionals already ahead of supply, there is an urgent need, both in Australia and globally, to “upskill our ICT workforce to digital skills.”

This latest report tracked hiring levels and salaries over the past three months for more than 50 ICT roles around Australia, and reveals added momentum to jobs growth achieved earlier this year.

In the major ICT markets, demand has risen to the highest point in several years, according to Peoplebank.  In NSW, job numbers grew by as much as 20% over the last quarter - on top of growth of around 15% in Q1 of 2014 - while in the ACT demand for ICT professionals is at its highest level for 3 years.

Peoplebank describes the increase in jobs as a “a vibrant market for technology skills”.

And, CEO Peter Acheson said while the market could not be described as booming, “there are certainly great opportunities available for ICT professionals.”

"There can be no doubt that 2014 is the year that business, Government and other organisations push ahead with digital transformation projects, changing their existing processes and adopting new business models that leverage intelligence from their data.

"This transformation is creating a hunger for digital skills - which means there are good opportunities for ICT professionals with digital, cloud and related skills.

"In fact, demand for digital professionals is ahead of supply in Australia - as it is in Europe and the US - and there is a global need to upskill our ICT workforce to digital skills."

Acheson says demand is coming from across the board, including from government, IT vendors, telecommunications companies and enterprise, and “especially from businesses who see technology as an enabler of their business strategies.”


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Peter Dinham

Peter Dinham - retired in 2020. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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