Technology: the key learnings from 2018

The technology industry has seen tremendous development over the last year and its advancements continue to mould the way people work, and the types of roles that organisations are hiring. Advances in artificial intelligence and the way we harness data define the working world. So, we’ve gathered information from both our clients and candidates to compile some unique insights from 2018.

The top skills in technology

As we moved into 2018, the skills required by candidates to advance in the technology sector were clear. Our specialist consultants work closely with organisations of all sizes and are aware of exactly what skills were set to be in demand over the course of this year.
One of the top skills was machine learning, organisations that incorporate AI into their workforce can expect machine learning to be an essential skill as innovation continues. Another important introduction to the technology sector was Big Data; this enables businesses to harness and analyse copious amounts of data, and use their findings to influence further transformations within their business model, and approach. Not to mention data visualisation and compliance. Candidates with skills in these areas are a valuable asset to many organisations.
There are also niche skill sets that are highly sought-after in the technology industry, with python programming, cyber security expertise, and Blockchain (with reference to cryptocurrency technology) at the forefront of business leaders’ minds when on the hunt for top talent in the sector.

Assessing the challenges and opportunities of AI 

Artificial intelligence (AI) has long been on the mind of many business leaders and professionals. Over the course of 2018, the Government has been exploring AI in terms of technology, economics, and socially. We interviewed Lord Holmes with regards to the opportunities of AI in technology businesses, you can watch the full interview here.
Lord Holmes said this about the importance of data for businesses:
“The fundamental point for Government, businesses, and individuals to understand about AI, and indeed all of the elements for the industrial revolution is, it is all predicated on the data. We need business leaders, we need individuals to be not just digitally understanding, but data literate.”

Salary benchmarking in the IT industry

In the candidate-short market that we are experiencing today, it is crucial for businesses to offer correct, and fair remuneration for the talent they are looking to recruit. If you aren’t doing this, then you cannot expect to attract and retain the top talent that is available.
Over the last year we have seen salary increases in the following sectors:
  • Healthcare (modernisation)
  • Financial services (data and cybersecurity)
  • Manufacturing (automation)
It has become clear that technology will have a substantial effect on all sectors in one way or another. It is, therefore, crucial for businesses to keep up with these changes in order to attract, hire, and retain the top talent in the industry.
As we move into 2019, we can expect significant changes in the top skills in the technology sector. 
If you are looking to recruit within the technology sector submit a job spec today. Alternatively, if you would like to contact one of our specialist recruitment consultants to discuss this, as well as any other general queries or to improve your recruitment process, please get in touch today.