Tech 2025 – Future Proofing Recruitment
The shape of the Tech Industry’s Future
According to the World Economic Forum, the Future of Jobs report estimates a total gain of 2 million jobs in Computer, Mathematical, Architecture and Engineering related fields.
The future of technology jobs is the main concern of the companies that work in this industry. Since technology is constantly evolving, we believe that by 2025 there will be a change in the recruitment tech market which is going to create more and new jobs, not only in Ireland but all over the world.
Recent studies from the Bureau of Labor Statistics have shown that by 2024, software developer jobs will increase by 18.8% and computer systems analytics jobs will rise by 20.9%. This means that tech skills will be in high demand and companies will need to be fast and efficient when looking for the perfect candidates for their job vacancies.
This increasing need for technology professionals will have to be supported by experts who know exactly how to find the right people, for the right jobs. For this reason, it is essential to know which are the specific factors that are driving the tech recruitment industry today. Moreover, it’s important to understand how candidates and companies can adapt to it.
Emerging Technologies by 2025
According to many experts in the technology industry, 2025 is supposed to mark a tipping point and the beginning of an innovative era. By this year, all the technologies that have started to appear right now will be in the mature status of their development and will already have a meaningful impact on our society’s lifestyle.
But, what are those technologies that have already been introduced to us and that can change the way we live by 2025? Bearing in mind The McKinsey Global Institute report on the technologies that will transform the global economy by 2025, there are at least 5 technologies that we should keep in mind.
- Artificial Intelligence. The most popular technologies within this field will be machine learning and user interfaces, like speech and gesture recognition technology.
- Advanced Robotics. There will be several advances in machine vision, sensors, motors and materials that can change the way products and services will be delivered.
- Biometric Technology. A study by TeleSIgn shared that 72% of organisations intend to drop traditional passwords by 2025. So there will be a space for the development and commercialization of new authorization services for eye, face, hand, signature identification and voice.
- Genomics. Genetic Engineering Technology is believed to increase with faster computer processing speeds. For example, DNA sequencing technologies and advanced analytics can be beneficial for extending human life expectancy.
- Blockchain. McKinsey’s study about Blockchain focused on 54% singular use cases of blockchain across 200 organisations. This allows us to see that the use of this technology is still in its infancy, but is already booming. So, can you imagine how it will be by 2025?
Challenges for Tech Employers
Although the booming of emerging technologies is very positive for the whole industry, with the appearance of these innovations, some challenges may arise. For this reason, tech employers should anticipate the future needs that both their company and their employees might have.
The first thing that employers should do is examine and adapt their training programs to ensure they are constantly upskilling the technical ability of their employees. Lorraine Fitzpatrick, our Group Operations Director, mentions the importance of having in place a great training program: ‘’I believe companies benefit from developing excellent training programs that are focused on providing quality education, upskilling and (re)training where necessary.’’
Furthermore, all these new technologies will have a huge impact on the employee’s lifestyle. Thus, now more than ever, there will be a demand for putting in place a talent development and workforce strategy. Tech employers will have to change their mindsets and help to increase the talent they already have in-house, as ‘’the nature of work will change and millions of people will require new skills’’, according to The McKinsey Global Institute.
Nevertheless, the future of tech innovators and entrepreneurs seems to be a bright one. Some of these technologies will require little or even no investment at all, so there can be an even faster dissemination. Besides that, by developing these technologies, an opportunity for employment also appears. Innovation has the ability to unleash a new set of job offers and needs that weren’t in the tech market before.
Top 3 Ways to Future Proof your Skillset
By 2025, we’ll definitely be living in a truly technological world. Additionally, the software and technological tools might be different, since they are constantly changing. With this in mind, a very important questions stands: as a candidate or employer, how can you assure future proof your skillset?
Although we can’t predict the future, by staying ahead of the game, candidates and employers can define which will be the hard skills they should be thinking about developing in the next few years. There are 3 ways to tackle this and make sure everyone is ready for the ever-changing world of technology:
- Always be on the lookout for any changes. It’s critical to make sure you will be aware of any updates that might affect the industry or tech role you’re working in. All changes (digital, consumer, economic or political) can affect you, so it’s crucial that you know exactly what’s happening and how it can impact you. Additionally, why don’t you look for any future competencies that might be useful for you in the future? This way you manage to always be one step ahead and to show that you’re going the extra mile.
- Soft skills, it’s all about soft skills. Being aware that the future is unpredictable and that your tech skills are always evolving, there’s one thing that you can focus on: developing your soft skills. These will always be required for any type of role and tend to be seen as an advantage that can make a difference when you’re working or trying to find another job.
- Seek global experiences. Technology has allowed globalisation to grow over the last years. With this, the need to work with different cultures and countries has also grown. Nowadays, and especially in the future, employers may be asked more frequently to have international mobility and the option to work from abroad. Your willingness to share your technical knowledge internationally can make a difference and can even help you become a recognised global employee.
What will Tech 2025 – Future Proofing Recruitment do?
With Tech 2025 – Future Proofing Recruitment, we’ll analyse all the elements that will transform this industry. We will also understand how both candidates and companies should prepare for all the changes that will occur.
‘’Our aim is to partner with Clients and Candidates alike, to ensure they are armed with the most up to date technology information, enabling them to make the right decisions for their business and careers respectively’’, mentions Lorraine Fitzpatrick. We intend to do this, by sharing relevant studies, articles, and numbers which will help you adapt the way you present yourself to the technology market, whether you are a company looking to expand your business, a tech team aiming to grow, or a candidate looking for the next step in their technological career. By having access to relevant content, you’ll get a better idea of how the tech recruitment market is evolving and where you sit in this ecosystem.
Stay tuned and get ready for fresh content that will help both clients and candidates reach their unlimited potential.