How To Ride High In The Turbulent Global IT Landscape

HOW TO RIDE HIGH IN THE TURBULENT GLOBAL IT LANDSCAPE While new technologies and projects have opened floodgates of opportunities for IT profession- als across the world, the constant evolution and emergence of new technologies have shrunk the shelf lives of many IT jobs. And the result, a steady rise in the unemployment rate in the IT indus- try. RISING UNEMPLOYMENT RATE: A GROWING CONCERN FOR THE IT INDUSTRY 2014 2015 UNEMPLOYMENT RATES UNEMPLOYMENT RATES Q4 Q3 2.5% 5.7% 3.0% 5.2% Q3 Q2 YYYyyyyÿÿÿ j7 Q1 yyyyyyÿy 2015 2.7% 6.1% 2.0% 5.4% Q2 2015 AAAAAA 3.0% 6.2% 2.3% 5.6% YYYyyyyÿÿÿ Flo7 2014 MAAAAA Q1 2.7% 6.6% 2.5% 5.7% A-Tech (Quarterty) A-National (Quarterly) A-Tech (Quarterly) A-National (Quarterly) UNEMPLOYMENT WITHIN THE IT INDUSTRY 2014 2015 1.1% Network Architects • 1.2% Computer & 2 Information Systems Manager • 2.5% 1.6% 2.3% Software Developers • 2.7% Network & Systems Administration • 5.0% 2.5% • 2.7% Programmers •2.6% Computer Support A Specialists • 4.2% 2.9% Computer System Analysts • 3.8% 4.9% CHANGING IT LANDSCAPE: CONTRIBUTING TO THE PREVAILING UNEMPLOYMENT RATE DRIVERS OF CHANGE TOP 5 TRENDS IMPACTING BUSINESS MODELS Mobile Internet, Cloud Technology 69% Internet of Things 44% Changing Nature of Work, Flexible Work 36% Processing Power, Big Data 33% Consumer Ethics, Privacy Issues 31% SKILLS FORECAST SKILLS CHANGE, OVERALL INDUSTRY Current Technical Skills Social Skills Cognitive Abilities Process Skills Resource Management Skills Content Skills Complex Problem Solving Skills Systems Skills 10 15 20 25 30 Growing Skills Demand Stable Skills Demand Declining Skills Demand Adaptability and flexibility Enthusiaşm and motivation Willingness and ability to learn new skills quickly Commercial awareness and customer focus SKILLS REQUIRED FOR A THRIVING CAREER IN THE EVER-EVOLVING IT INDUSTRY Team working and interpersonal skills Problem-solving ability Good communications skills - written, verbal and listening - particularly the ability to communicate without éxces- sive technical details or jargons. Organization and planning skills, CERTIFICATIONS: ADDRESSING THE GROWING UNEMPLOYMENT RATE IN IT SECTOR ACCORDING TO A SURVEY DONE IN 2015 Employers consider IT certifications as Employers think essential for oertain IT certifications are 72% valuable-a whopping 66% job roles rise from 30 percent in the year 2011. Organizations usually consider IT Employers consider IT certifications while 60% certifications while 65% confirming a candidate's subject matter knowledge or expertise. differentiating between equally qualified candidates. SOURCES: • http://media.dice.com/report/tech-trends-q4-2014/ • http://media.dice.com/report/tech-trends-q3-2015 • http://reports.weforum.org/future-of-jobs-2016/nformation-communication-technology-2/ • 2015 IT Skills 0 Salary Report A Compreherstve Survey from Global Knowedge and Windows IT Pro • http://www.cio.com/article/2891552/careers-staffing/tt-certiication-hot-list-2015-10-that-deliver- -pay.html#stide1 TCG HAMILTON http://www.toghamiton.com