Data from Quess, leading business solutions provider and India’s largest private sector employer, reveals that the demand for talent with digital skills such as full stack, React JS, Android, Angular JS, cloud infrastructure technologies and cyber security, among others, has seen a surge since last quarter, as technology transformations have become a key priority for organisations industry-wide. Some areas have witnessed over a 300% increase in requirements.
There has been an overall increase in the interest in upskilling from both the organisational and the individual perspectives. While companies transition their legacy systems and build next-gen platforms and processes, talent demand for technology skills is booming. New-age HR solutions such as Hire-Train-Deploy help bridge this demand-supply gap through focused, skill-based resource hiring.
The Top 5 digital skills in demand are cloud infrastructure technology developer, full stack developer, react JS developer, Android developer and Angular JS developer. In Mar-Aug 2021, the role of Full Stack Developer has seen a ↑388 per cent increase in the total number of open positions, as compared to Oct-March 2020-2021. Similarly, the roles of React JS Developer (↑364 per cent), Android Developer (↑247 per cent), Cloud Infra Technology Developer (↑184 per cent), and Angular JS Developer (↑160 per cent) have witnessed an uptick in openings during this time. Further, Gaming (Unity Developers), DevOps (Bamboo, Jira) and Platforms (Salesforce, SAP HANA) have witnessed an increase in skill demand.
Growth in the digital economy, fuelled by the BFSI industry, is the primary contributor to the surge in demand for digital skills this quarter. Furthermore, the larger industrial migration to platform based solutions has boosted demand for AI, ML, IoT experts as well as data scientists and DevOps engineers. Further, as protecting digital assets is a top priority for all CTOs, the demand for cyber security and data encryption services has also risen. Additionally, with cloud migration being a staple requirement across programs, it becoming key to organisational transformations, pushing up the demand for skilled talent even further.
Full Stack and React JS developers are nearly always at the top of hiring pipelines, as they are the key instrument in developing and maintaining frontend and backend functionalities for websites and applications. Every tech company is vying to source the best talent to help manage their end-to-end web requirements. Similarly, Angular JS Developers are in-demand as the platform is a popular choice due to its speed, performance, and easy integration capabilities. Further, as Android is one the world’s most preferred and used tech platforms, demand for experts currently outweighs its supply.
Vijay Sivaram, CEO, Quess IT Staffing said, “Today, many factors are at play as they amalgamate to define the next steps of the industry. Experts are calling this period ‘The Great Resignation’, as the unceasing talent surge has disrupted the demand-supply equilibrium, driving organizations to focus on both, talent attraction as well as talent retention. These developments are most visible in the changing landscape of India Inc., where we are witnessing the addition of more Global Capability Centers across India, as well as an expansion of existing firms into Tier II and III cities. However, with the growing need for remote talent, companies are stepping beyond Indian borders to explore hiring in other APAC countries such as Philippines, Vietnam and Sri Lanka. While these macro factors give wind to the industry’s sails, an important shift can also be observed at the micro level, in most Board rooms, where ‘workforce skilling’, ‘resource management’ and ‘automated talent acquisition processes’ are the new buzz words, driving change and steering new business agendas.”