Data Analytics (454%), Cloud Infra Technologies (131%), and Java Technologies (5%) saw a positive increase in digital skills demand
Upskilling across industries has been a strategy adopted by companies over the last year to bridge the emerging skill gap in India. Data from Quess reveals that the demand for talent with digital skills such as Testing, Platform Technologies, Java Technologies, Cloud Infra Technologies, and Data Analytics, among others, has seen a surge since last quarter.
Although growth in demand has risen in absolute numbers, the rate of increase from June-July-August 2021 has been steady. Nevertheless, the skill-mix contributing the highest demand continues to be volatile.
The search for top tech talent this year has unfurled into an unprecedented battle, reflecting the accelerated adoption of digital business models in organizations industry-wide. Technology giants as well as start-ups are witnessing double-digit growth and are ramping up their teams by employing more people than ever before, to combat rising attrition and meet their manpower needs amidst the ‘Great Resignation’.
Staffing and recruitment firms are in great demand as organizations seek to fulfil their manpower mandates of resources with niche and super-niche tech skill sets. As per a report by market intelligence firm UnearthInsight, India’s IT services industry is likely to see a gross employee addition of around 450,000 in the second half of FY22. To service this workforce pipeline, unique talent solutions are being devised to ensure shorter time-to-hire and greater cost optimization.
Top 5 Digital Skills in Demand
The top 5 digital skill domains in demand in Sept-Oct-Nov 2021 are Testing, Platform Technologies, Java, Cloud Infra, and Data Analytics. In Sept-Oct-Nov 2021, the role of Testing has seen an 18% increase in the total number of open positions, compared to Jun-Jul-Aug 2021, bringing it to the top of the list for digital skills in demand. Platform Technologies come in at the second highest position in demanded roles, with a small decrease in demand from the previous time period. Similarly, Java Technologies continue to be in the top 5 list and exponential growth in demand for roles in Cloud Infra (increase of 131%) and Data Analytics (increase of 454%) has been witnessed.
|Top Skills||% of Contribution to Overall Demand In Sept-Oct-Nov ‘21||% Shift in Overall Contribution (Jun-Jul-Aug ‘21 vs. Sept-Oct-Nov ‘21)|
|Cloud Infra Technologies||6%||↑131%|
Note on Overall Skill Demand For 2021
The overall demand for digital skills in 2021 (Apr-Nov ’21) is largely consistent with the demand during Sept-Nov ’21. The top digital skill domains for Apr-Nov 2021 are Testing (12%), Java (10%), Platform Technologies (9%), Cloud Infra (5%), Database Technologies (5%), Business Analysts (4%) and Data Analytics (3%). A city-wise break-up highlights that the IT hubs reigned supreme: Bengaluru leading the pack (40%), followed by Hyderabad (20%), Pune (18%), Chennai (10%), NCR (5%).
City-Wise Demand for Digital Skills
Analysing the overall geographical spread for the top 5 digital skills, the IT hubs emerged unmatched in their demand. Bengaluru witnessed the lion’s share of demand (54%), followed by Hyderabad (15%), Chennai (11%), Pune (8%), and lastly NCR (7%). As per Quess’ client data, a skill-wise break-up highlights that Bengaluru had the highest demand for every digital skill by a large margin; Testing Technologies (43%), Platform Technologies (85%), Java Technologies (41%), Cloud Infra Technologies (65%), and finally Data Analytics (62%). Nevertheless, Hyderabad demanded significant manpower in Testing Technology roles, comprising 28% of overall demand.
Factors Leading To Demand Creation
Growth in the digital economy, fuelled by the increasing Cloud enablement among tech giants, is a primary contributor to the surge in demand for digital skills. Large digital transformation deals, hybrid cloud adoption, automation of front-end and back-end systems, and investments in tech-enabled assets have underpinned the business performances and manpower hiring sprees in the last leg of 2021.
As the demand for automation rapidly increases, accuracy in operations becomes a top priority. Hence, the testing domain leads the pack in digital skills as validation of systems and quality control are crucial for business continuity. Further, Data Analytics witnessed more than 450% growth as nearly all companies have adopted big data and analytics in their technology repertoire. A report by the World Economic Forum found that 96% of companies are definitely planning or likely to plan to hire new staff with relevant skills to fill future big data analytics related roles in 2022. This is most likely going to be the most in-demand role in 2022.
Overall, as industries continually renew and chart their digital priorities and implement technology transformations, the demand for digital skills will ascend.