Community
Retaining skilled local workers is often difficult in many countries. A survey by Manpower Group conducted in 2023 discovered that 77% of employers worldwide find it challenging to hire highly-skilled candidates; 78% of these employers operate within IT. Companies seeking solutions are turning towards IT staff augmentation to address this challenge.
But what exactly is IT staff augmentation, and why could tech firms benefit from its use? IT staff augmentation refers to a strategy in which external IT teams, working remotely, are brought in to supplement existing staff to increase productivity and accelerate time to market. It can either be implemented long or short-term, depending on your IT Staff Augmentation Companies requirements.
Locate current trends in IT staffing and learn their effects on your project. Continue reading now.
What Are The Market Trends For IT Staff Augmentation?
IT staff augmentation has many advantages, but it is essential to know how this trend will impact the operations of both tech companies and non-tech ones.
Tech Companies
Staff augmentation is an emerging trend that has an ever-increasing effect on companies that produce IT products, making an array of impacts across tech firms more explicit.
Access To Specialized Skills
Staff augmentation trends have had a tremendous effect on IT companies. By accessing previously unavailable talent locally or internally, these businesses can maximize resources while increasing output.
Cost Savings
Due to rising software developer hiring and retention costs, businesses looking for user-friendly products have experienced increasing software developer recruitment costs. You can reduce this expenditure by supplementing your staff with cheap offshore staff augmentation solutions; doing this will keep operations running efficiently without impacting productivity or quality.
Improved Efficiency
Hire professionals experienced with technology and processes for maximum productivity at tech firms. By increasing worker qualifications, work will get completed more rapidly.
Flexible Staff Strategy
Flexibility is another hallmark of IT Consulting Services and Staff Augmentation for tech companies. Utilizing remote teams allows firms to scale teams more quickly. Furthermore, long-term contracts don't tie them down during rapid expansion or contraction - providing much-needed relief at any moment!
Hybrid Work System
Hybrid work systems have quickly become popular within the tech sector, enabling companies to maximize production flexibility. An augmented staffing model sees on-site and remote workers complete various tasks at various times during the day - leading to greater productivity and faster time to market.
Business Resilience
Staff augmentation can boost tech companies' business resilience. Tech firms must quickly adapt to unexpected events or problems without major workforce adjustments; contract IT workforce providers provide this ability.
Non-tech Companies
IT staffing augmentation doesn't solely apply to tech businesses - non-tech businesses rely on IT personnel to improve processes and provide better customer experiences, with rising IT staffing market trends impacting non-tech businesses too.
Improved Data Management
Retail, hospitality, real estate, and consulting - non-tech companies which utilize tech tools - typically serve a large customer base and require help managing all the data generated from this operation. Staff augmentation provides IT specialists with the necessary skills for using these tools effectively and efficiently.
Improved Flexibility
IT staff augmentation offers businesses that depend on peak and off-peak sales seasons tremendous flexibility when hiring IT personnel - they can increase or reduce staff according to business needs without needing an in-house team for slow sales periods.
Smarter Project Management
IT Staff Augmentation Services can also prove valuable for non-technical companies in project management. A team of highly skilled workers will ensure projects are completed on schedule and budget.
A hybrid Work System
More and more non tech companies recognize the significance of having an IT infrastructure capable of handling any situation, and having remote IT experts work alongside staff can help meet this need. It could eventually result in hybrid arrangements where full-time and augmented staff are always on call to meet client demands.
Improved Business Resilience
IT staff augmentation can also enhance non-technical companies by giving them access to IT experts who can quickly solve any IT-related issues that may arise.
Gaining an advantage in any sector requires employing only top professionals, especially in tech. Tapping the best local talent to augment your team and help strengthen it.
Is Staff Augmentation In The IT Industry Popular?
Yes is the short answer; according to statistics, the global software market is expected to reach $2,157.19 Billion by 2026, and this impressive growth can only occur with access to an extensive pool of experts - an outsourcing model which has increasingly gained favor as more firms look for opportunities within this vast marketplace.
Businesses now recognize that using agile talent from across the world to augment their IT staff will give them competitive advantages, and they are taking steps to utilize various forms of staff augmentation to keep pace. As businesses try to meet their clients' increasing demands, IT staffing may become an increasingly attractive solution over the coming years.
Five Top Trends for IT Staff Augmentation in 2023
Here are a few trends in IT staffing we should expect to be significant this year and in future years.
The Shortage Of Tech Talent Is Continuing
The current tech talent shortage is likely to be around for a while; according to IMF estimates, the tech worker shortage could reach 85 million by 2030; this means by 2023, even fewer qualified candidates will be available to fill tech positions.
It Is Essential To Be Able To Adapt Your Business
Businesses in 2023 must be flexible enough to respond swiftly and flexibly to both anticipated and unexpected changes, maintaining business operations regardless. Therefore, organizations need an adaptive staffing solution that enables them to quickly ramp up or scale back IT staff requirements as required.
Demand For Certifications And Specialized Skills Is Increasing
IT professionals will remain in high demand as long as technological change accelerates, particularly professionals with certifications and skills in emerging technologies such as AI & ML, VR/AR, IoT, and Blockchain.
Soft Skills Are The Focus
WEF predicts that 40% of workers over the next five years must re skill in areas like critical thinking, problem-solving, communication, and collaboration; IT professionals with these soft skills will become in high demand even within industries reliant on technical abilities such as IT.
AI And Automation Are Being Used More
AI and automation will likely revolutionize the IT sector by 2023, providing IT teams that use AI/automation effectively to streamline processes and enhance client services with an edge against rival IT firms.
Checklist For When Your Business Needs IT Staff Augmentation?
Are You Unsure If Your Company Should Hire Additional IT Staff? Consider This Model... If any of the scenarios outlined here resonates, this might help determine your readiness.
You Need A Specific Skill Set To Complete Your Project
Some software projects may necessitate specific skills that don't lie within your team's expertise; therefore, hiring someone with those specific talents is preferable to spending both time and money training your staff members themselves.
You Need Help To Hire Locally
Lack of local talent is one of the primary concerns of software development companies today, so building or augmenting your team to address deficiencies should you experience any shortage in skills in your locality could be advantageous.
You Are Busy With Another Project
Need additional help to complete a task? Rather than overburden your current staff with additional duties, hire temporary help instead.
Innovative Ideas Are Needed
Your team may require fresh talent to break through its creative impasse. Consider recruiting an extra member who can fill gaps while adding creativity to the equation and reinvigorating projects.
Compare staff augmentation vs. project outsourcing to make more informed decisions.
What Are The Trends In Staff Augmentation, And How Can You Benefit From Them?
Staff augmentation is rising, creating a dynamic and competitive recruiting landscape. This trend will allow you to bypass the traditional recruitment process and recruit tech talent that can seamlessly and immediately integrate into your team.
The following benefits will accrue to IT recruitment teams who take advantage of the trend.
IT staff augmentation allows you to access a large pool of IT professionals.
Businesses can manage their costs more effectively by hiring IT staff only as required.
Supplement and strengthen in-house IT Teams to ensure smoother project implementation.
Develop specialized expertise to fill in skill gaps for complex projects.
The team or team member is committed solely to helping you reach your goals and objectives for your software product.
What Superpower Can IT Staff Augmentation Bring To Your Business?
As businesses adjust to a turbulent business environment, businesses are seeking alternative means of reaching productivity targets in light of the Great Resignation. Many organizations find staying abreast of market trends for IT staff augmentation as one solution - but getting started may prove daunting; that is where CIS comes in to assist! We can show you the way!
CIS is an innovative global staffing service provider dedicated to finding businesses the top IT talent they require for their business needs. Boasting an expansive worldwide database, customer satisfaction is at the core of CIS operations as it strives to offer quality staff augmentation solutions quickly and efficiently for companies around the globe.
Conclusion
The shortage of qualified employees will continue for a while. By understanding and adapting these trends, businesses can remain ahead of the curve to attract the best IT talent and drive productivity.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Ben Parker CEO at eflow uk ltd
23 December
Jitender Balhara Manager at TCS
22 December
Arthur Azizov CEO at B2BINPAY
20 December
Sonali Patil Cloud Solution Architect at TCS
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.