Since the start of the Information Age, the technology industry has grown year-on-year and this trend has only been escalated by Covid-19. The industry is playing a crucial part in the response to coronavirus – helping the healthcare sector track the virus, aiding banks at a time of heightened cyber threats and supporting companies across the globe take their operations online.
Before the outbreak, Europe’s technology industry achieved an annual investment of $34.3 billion, with $1.7 billion of that capital being invested in Swiss companies, therefore, ranking Switzerland in the top five. 2020 looks set to be a promising year for this industry as companies in every corner of the globe become increasingly reliant of technology professionals.
While we only seem to be in the foothills of Covid-19’s impact on the global workforce there are clear trends emerging and tech and digital skills are proving themselves to be more valuable than ever.
The healthcare sector
Covid-19 has seen the healthcare and life sciences sector become more dependent on technology. As the spread of the virus continued to pick up pace, companies and governing bodies turned to the one thing that could be shared faster – information.
New apps designed to track Covid-19 using the Apple and Google Exposure Notification API swiftly entered the scene with the first release in Switzerland. The SwissCovid app has been trialled on a voluntary basis and gained backing from 70% of users. Swiss developers are now looking to roll out the app to the Swiss army and medical professionals. This presents an opportunity for developers to offer their coding skills to fight against the virus – or pick up the basics of coding - but it also signals we’ll see mobile apps as solutions to future global problems and therefore drive up the demand for user experience (UX) skills and cross-platform development.
Meanwhile in the US, technology professionals have been pushing their AI skills to new limits to create innovative data platforms that provide information on the availability of hospital beds.
The growing ecommerce industry
Covid-19 has not only heightened the demand for tech and digital skills, it has nurtured our developing technology ecosystems. Ecommerce spending was growing at an unstoppable rate well before coronavirus and since it’s unknown when or if things will return to normal many retailers may choose to take their operations entirely online. This $3,535 billion industry will call for more sophisticated websites and high-level digital infrastructure - a challenge for retailers but an interesting opportunity for web developers, software support specialists and even solution architects.
A call for data scientists
In a similar way that ecommerce has taken a larger share of the consumer spending pie, banking institutes have resorted to taking their services online too. This ever-increasing digitalisation is generating more data than ever before and causing a swell in data analytics. Employers were already showing an increased interest in data analytic skills, with data science job postings surging by 256% in the last six years, and this demand shows no signs of slowing down. In response to Covid-19, organisations are going face to face with the increasing digital skills gap and actively fostering a digital culture.
The cloud has become more important than
For many individuals, the introduction of the cloud was the perfect answer to limited storage space, but for organisations, cloud services have proved an essential piece of the remote working puzzle. Within the tech and digital industry, cloud and infrastructure have asserted their dominance as top skills for employees to list on their CVs.
The rising threat to data security
Whilst businesses hail the functionalities of cloud services they must also recognise the added threat that cloud storage poses to their documents and data. Databarracks report in their 2019 Data Health Check that from 2016-2019 the number of data loss cases as a result of cyber attacks had almost increased twofold.
Evidently, cybersecurity was already proving to be a rising star in the digital and tech skills sphere but Covid-19 has offered a fast-track ticket to the top. The pandemic is not only bringing new tech and digital skills into the limelight but it’s magnifying the need for larger digital teams, introducing new roles such as Chief Information Security Officer (CISO) and creating a boom in technology recruitment.
How can Swisslinx help you?
Prior to Covid-19, digital and technology was establishing itself as one of our key developing markets and this surge in recruitment activity is only set to increase. We recognise the importance of keeping pace with technology drivers and trends, and our deep understanding of the industry enables us to identify talent from both local and international markets. Contact us to find out how we can help you during the time of heightened demand for tech and digital skills.