February 7, 2023
Tech talent in non-tech sectors is expected to increase by 25-30% from last year
Companies are continuing to digitise their operations and strive to achieve higher scalability
The insurance sector recorded the most growth in tech hiring at 93%
Allied fields such as nursing and dental saw the highest job posting at 30.8% in December 2022
The hiring of technology professionals has increased at non-tech companies in 2023 to supplement their digital transformation efforts, amid layoffs in the IT sector, according to a report from HR services firm Randstad.
According to the report, tech talent in non-tech sectors is expected to increase by 25-30% from last year, as companies are continuing to digitise their operations and strive to achieve higher scalability.
Non-tech industries, including BFSI, healthcare, automotive, manufacturing and FMCG, are moving to digital operations, leading to a need for more technology talent. This is to improve customer satisfaction and data security.
Additionally, to better manage the new-age workforce and offer growth opportunities to their top talent, companies are planning to adopt automation technologies.
The latest surveys from talent research agencies said that insurance led tech hiring growth in January 2023 with 93%, followed by oil at 55%, hospitality at 53%, banking at 37%, and healthcare at 10%.
Allied fields such as nursing and dental had the highest job postings at 30.8% in December 2022, followed by food services at 8.8%, construction at 8.3%, architecture at 7.2%, education at 7.1%, therapy at 6.3%, and marketing at 6.1%. Construction and civil engineering rebounded after global business resumed.
The experts further mentioned that growth in demand for tech talent was witnessed by sectors such as automobiles, healthcare, transportation, manufacturing and infrastructure, owing to an increase in innovation, increased use of AI and automation, and optimisation of processes. Lastly, the adoption of the 5G network has created a demand for talent across sectors such as telecom, semiconductor, startups, and automotive sectors, they added.
Source: Financial Express