Report Teaser: Technology 2020, Predictions vs Reality | Kerry Consulting
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    தொழில் ஆலோசனை

    அறிக்கை டீஸர்: தொழில்நுட்பம் 2020, கணிப்புகள் மற்றும் யதார்த்தம்

    கெர்ரி ஆலோசனை

    Foreword – Technology Hiring in Singapore 2020

    2020 has been a strange one. We crossed over into 2020, with expectations that the strong demand for technology focused hiring we witnessed in 2019 would continue. For the best part of Q1 2020, the prediction seemed spot on.

    Then came COVID-19. Most plans came to a standstill as management teams grappled with the realities of how the pandemic would impact their business in the short, medium and long term. Questions around the viability of the business were brought into focus and management shied away from making investments which may not bear fruit.

    Adding to the uncertainty brought about by the pandemic, the US-China tensions and the on-going struggles between Hong Kong and China, resulted in hesitation around making major business decisions.

    With the easing of the circuit breaker and the economy adjusting to the new normal, hiring activity in technology and digital is slowly recovering to pre-COVID-19 levels. One of the positive outcomes from COVID-19 has been the focus to drive digitalisation and foster innovation in line with shifts in business and consumer behaviour.

    The general drive towards becoming more digital is creating demand for technology specialists in multiple roles, including:

    • Software engineering
    • Data analytics/artificial intelligence
    • Cybersecurity
    • Cloud computing
    • Digital product owners

    In Singapore, there is a notable surge in hiring by financial services firms, largely supported by initiatives undertaken by the Monetary Authority of Singapore (MAS) as well as the Ministry of Manpower. For instance, DBS, OCBC and Citi all look to be bulking up their tech teams significantly with software engineers and data scientists.

    The digital banking licences to be issued by MAS are expected to lead to the creation of new positions, especially senior ones, preferably filled by individuals who have accumulated industry experience within the local market.

    Reflecting on our predictions for 2020, while COVID-19 created a significant hiccup in technology recruitment, we expect that the recovery will be strong, as management teams come to the realisation that investments in technology are not nice-to-haves but are critical to ensuring that their company is equipped for the future.

    That was the foreword of “Technology Hiring Singapore: 2020 Predictions vs Reality”. 

    Read the full 17 page report by submitting the form below.

    Technology Hiring Singapore

    Take a look through individual articles from the 2020 Predictions vs Reality mini-series:

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    நீங்கள் உள்நுழைவதற்கு முன், உங்கள் மின்னஞ்சல் முகவரிக்கு அனுப்பப்பட்ட குறியீட்டைக் கொண்டு உங்கள் கணக்கை இயக்க வேண்டும். இந்த மின்னஞ்சலை நீங்கள் பெறவில்லை என்றால், உங்கள் குப்பை/ஸ்பேம் கோப்புறையைச் சரிபார்க்கவும். செயல்படுத்தும் மின்னஞ்சலை மீண்டும் அனுப்ப இங்கே கிளிக் செய்யவும் . நீங்கள் தவறான மின்னஞ்சல் முகவரியை உள்ளிட்டிருந்தால், சரியான மின்னஞ்சல் முகவரியுடன் மீண்டும் பதிவு செய்ய வேண்டும்.