IT hiring: IT hiring likely to grow by 8.5% by next year as demand grows: report

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Mumbai, With IT data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/companies” target=”_blank” rel=”noopener”>companies gradually coming out of the slump and actively ramping up their hiring efforts, a report on Thursday said that data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/recruitment” target=”_blank” rel=”noopener”>recruitment is set to surge with an estimated 8.5 per cent increase in data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/job-roles” target=”_blank” rel=”noopener”>job roles within the industry by next year. The data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/definition/demand” rel=”noopener”>demand for skilled IT talent is growing after a slow period late last year and early this year. Hiring is set to surge, with an estimated 8.5 per cent increase in job roles within the industry by next year, according to a report by data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/indeed” target=”_blank” rel=”noopener”>Indeed, a global job matching and hiring platform and a subsidiary of Recruit Holdings.

This data from Indeed has been compiled from Indeed Hiring Tracker and Indeedas platform data. Indeed Hiring Tracker is a quarterly report that explores the employment landscape and job market.

The report further revealed that almost 70 per cent of all data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tech-jobs” target=”_blank” rel=”noopener”>tech jobs currently on the Indeed platform are for data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/software-roles” target=”_blank” rel=”noopener”>software roles.

The dominance of software roles on Indeed is driven by the rapid adoption of technologies by companies like AI, machine learning, and blockchain which has further amplified the need for specialised software development, the report stated.

The thriving tech startup ecosystem also plays a significant role, as new ventures prioritise hiring developers to build and scale their products, it said.

According to Indeed data, companies are actively hiring for roles such as Application Developer, Software Engineer, Full-Stack Developer, Senior Software Engineer, and PHP Developer.

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There’s also a growing demand for NET Developers, Software Architects, DevOps Engineers, Data Engineers, and Front-End Developers, it stated. Also, the continuous need for updates, security patches, and new features in existing software is driving a steady demand for skilled professionals who can keep pace with evolving user needs and technological advancements, it said.

The IT sector has consistently stood as a major employment powerhouse. However, recent quarters saw a slowdown in hiring, with companies exercising caution as they navigated through data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/global-uncertainties” target=”_blank” rel=”noopener”>global uncertainties and economic shifts. Now, the tide is turning. Companies are actively ramping up their hiring efforts. We can also expect Global Capability Centers (GCCs) to significantly contribute to this uptick in hiring, particularly in software and technological roles, Indeed India Head of Sales Sashi Kumar added.



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IT hiring: IT hiring likely to grow by 8.5% by next year as demand grows: report


Mumbai, With IT data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/companies” target=”_blank” rel=”noopener”>companies gradually coming out of the slump and actively ramping up their hiring efforts, a report on Thursday said that data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/recruitment” target=”_blank” rel=”noopener”>recruitment is set to surge with an estimated 8.5 per cent increase in data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/job-roles” target=”_blank” rel=”noopener”>job roles within the industry by next year. The data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/definition/demand” rel=”noopener”>demand for skilled IT talent is growing after a slow period late last year and early this year. Hiring is set to surge, with an estimated 8.5 per cent increase in job roles within the industry by next year, according to a report by data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/indeed” target=”_blank” rel=”noopener”>Indeed, a global job matching and hiring platform and a subsidiary of Recruit Holdings.

This data from Indeed has been compiled from Indeed Hiring Tracker and Indeedas platform data. Indeed Hiring Tracker is a quarterly report that explores the employment landscape and job market.

The report further revealed that almost 70 per cent of all data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tech-jobs” target=”_blank” rel=”noopener”>tech jobs currently on the Indeed platform are for data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/software-roles” target=”_blank” rel=”noopener”>software roles.

The dominance of software roles on Indeed is driven by the rapid adoption of technologies by companies like AI, machine learning, and blockchain which has further amplified the need for specialised software development, the report stated.

The thriving tech startup ecosystem also plays a significant role, as new ventures prioritise hiring developers to build and scale their products, it said.

According to Indeed data, companies are actively hiring for roles such as Application Developer, Software Engineer, Full-Stack Developer, Senior Software Engineer, and PHP Developer.

Discover the stories of your interest


There’s also a growing demand for NET Developers, Software Architects, DevOps Engineers, Data Engineers, and Front-End Developers, it stated. Also, the continuous need for updates, security patches, and new features in existing software is driving a steady demand for skilled professionals who can keep pace with evolving user needs and technological advancements, it said.

The IT sector has consistently stood as a major employment powerhouse. However, recent quarters saw a slowdown in hiring, with companies exercising caution as they navigated through data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/global-uncertainties” target=”_blank” rel=”noopener”>global uncertainties and economic shifts. Now, the tide is turning. Companies are actively ramping up their hiring efforts. We can also expect Global Capability Centers (GCCs) to significantly contribute to this uptick in hiring, particularly in software and technological roles, Indeed India Head of Sales Sashi Kumar added.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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