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IT Talent Gap

Strategic predictions for 2023 and beyond

Gartner predicts that technology and business will undergo some significant changes from 2023 to 2027. Business leaders should consider how these changes will affect their plans to keep them up-to-date. By 2024, Gartner predicts that joint sovereignty partnerships will be sanctioned by regulators and act as a catalyst for trust in global cloud brands. This will facilitate continued IT globalization and lead to the consolidation of the cloud ecosystem. Read more to find out what the other years will bring.

IT Talent Gap

Best practices for building resilience into corporate operations

Resillient organizations need a shared clear vision, invested leadership, skilled employees, supportive culture, and the mindset to manage change effectively.To achieve operational resilience, monitoring the engagement level of one's workforce can help identify essential business services that may need to be protected when at risk. It also allows to set impact tolerances for these services. Process mapping and testing can help create a more effective response plan should a crisis occur.

IT Talent Gap

Amid tech boom, Japanese firms set sights on Singapore as a gateway to SEA market

Singapore is set to become the fourth-largest economy by 2030. A gateway to Southeast Asia, the total investment from Japan to Singapore has risen from around $115 billion in 2018 to around $139 billion in 2020. The city-state has access to a highly skilled and diverse workforce, a stable legal system, and a well-established infrastructure, which makes it more attractive for Japanese tech firms to settle and expand their presence in the region.

IT Talent Gap

Looking to hire tech talent? Take advice from 16 industry leaders

Finding and hiring top talent is the most important thing you can do to ensure your company's success. But it's more than just posting a job listing and waiting for the applications to roll in. 16 industry leaders share tips on getting the best candidates, including organizing a hackathon to recruit high-quality programmers, upskilling current employees, leveraging freelance talent to help prepare in-house team members, partnering with outsourcing service providers, and more.

IT Talent Gap

Cloud computing forecast: is the Cloud rising or falling?

Cloud computing is here to stay. The technology is progressing at a rapid rate, and it's now clear that businesses of all sizes should be taking advantage of this opportunity to save money and increase efficiency. But there are still some challenges that IT leaders need to be aware of as they make their way into the cloud. They must keep an eye on costs, digital silos, and security posture, and their options of investing in public clouds, private clouds, hybrid, multi-clouds, or high-performance clouds.

IT Talent Gap

How to plan and manage software projects like an expert

Software projects have been notorious for running late and over budget. But with the right planning and management techniques, it is possible to achieve project milestones on schedule and under budget. With the market's economic and environmental risk factors, project managers need to be vigilant about reviewing their product roadmap, backlog grooming, and sprint planning. These steps are among the few to identify potential risks and mitigate them as soon as possible.

IT Talent Gap

Time for businesses to get their IT budget in check with inflation on the fence

As budgets increase, so does the complexity of the work that CIOs are tasked with. In a recent survey of 2,203 CIOs from 81 countries, Gartner found that IT budgets are set to increase by 5.1% globally in 2023. Most of the surveyed CIOs stressed the importance of investing in operational excellence and customer experience, and they plan to continue increasing investment in cyber security, business intelligence/data analytics, and cloud platforms.

IT Talent Gap

First step to reverse brain drain: Hong Kong unveils ‘talent trawl’ to woo overseas talent

Hong Kong's Chief Executive John Lee announced his first annual policy address on October 19, revealing a series of measures to woo top foreign talent to reverse brain drain and regain the city's status as a global financial center. The new two-year scheme will allow high-salaried talent earning more than $318,000 and top university graduates to seek opportunities. In addition, tax rebates and more flexible policies have been announced for expats.

IT Talent Gap

How to navigate regulatory uncertainty in financial institutions

As financial institutions continue to grapple with the chaotic regulatory environment, they must rethink their approaches. Change management is a crucial area to focus on when building an agile organization that can adapt quickly to changing regulatory and market conditions. To maintain high standards of safety, quality, and compliance, adopting modern risk management technologies can help streamline workflows, share data more efficiently, and facilitate collaboration across organizations.

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