Asia tech boom fuels demand for IT talent

IT is becoming increasingly integrated within day to day processes and operations in Asian businesses. This has created a large demand for IT professionals with experience ranging from data protection, cyber security to project implementation expertise.

This according to the Robert Walters Asia Job Index for Q1 2016 which recorded a particularly strong growth for FinTech and e-commerce jobs which have shot up by 16 percent.

In Singapore, investment and interest from venture capital companies in tech start-ups has driven volumes for IT professionals up 8 percent. Demand from e-commerce and digital sectors saw a massive 19 percent increase in marketing job advertisements as companies sought to use creative channels to attract consumers.

In Hong Kong, IT professionals saw with a 19 percent year-on-year increase in the number of job advertisements. The market still lacks adequate IT talent, with professionals experienced in growth FinTech, e-commerce and IT security being particularly in demand.

While many APAC countries saw increases in job advertisements, with a -0.2 percent annual growth in job advertisements, China bucks the trend. In the face of the global downturn there has been some caution on job advertisements across all sectors, although the nation’ future demand for IT talent will surely outweigh current market woes. 

SOURCE: [SMB World Asia]

June's issue of Business Review Australia and Asia is now live.

Follow @BizRevAsia and @MrNLon on Twitter.

Business Review Asia is also on Facebook. 



Featured Articles

People Moves: Pine Labs, Deutsche Bank, McKinsey, Fortinet

Pine Labs names former Amazon exec as chief people officer, Fortinet hires government affairs leader for APAC, McKinsey India poaches Accenture HR exec

Dialight envisions a world of industrial safety with LEDs

Reliance on inefficient lighting technologies are not only harmful to the environment, but also increase injury risk and cost

Top 10: Must-see speakers at TECH LIVE LONDON 2022 event

Technology leaders from IBM, Oracle, Vodafone, JP Morgan, Accenture and the US Space Force are among the 80-plus speakers at upcoming TECH LIVE LONDON

Vodafone Business cyber leader Kawalec speaks at Cyber LIVE

Leadership & Strategy

Twitter timeline – how Musk pulled off a hostile takeover

Leadership & Strategy

Top 10 Asia restaurants, from Tokyo’s Den to Bangkok’s Sorn

Leadership & Strategy