Feeds

Tech sector recruitment to rise in 2006

Despite moves to low-cost manufacturing markets

Build a business case: developing custom apps

The job prospects in Europe's tech sector are looking bright, a new survey has revealed.

Almost two-thirds of European tech firms are expecting to increase recruitment in the coming 12 months, according to a new IT confidence survey by Eurocom Worldwide in association with its UK partner Six Degrees.

A mere eight percent believed they would reduce their staff numbers, while a third of firms are actually finding it more difficult to recruit staff than last year.

As the most in demand, software engineers are reaping the benefits of the current boom. Project management specialists and international sales staff are also in great demand.

"The IT recovery is reflected in the fact that a skills shortage is now seen as the third most likely threat to growth in the sector," Six Degrees managing director Jennifer Janson said. "A slowdown in the global economy and further oil price increases are seen as the major threats."

However, the survey has also predicted a growing number of technology jobs in low-cost labour markets such as China. As a result, Europe and the US are losing their lead as technology manufacturing centres, with 76 percent of the survey agreeing with the statement.

This effect has already been seen in Ireland, with NEC deciding to shift its production of semiconductors to Asia, losing 350 jobs in the process. In 2005, data storage hardware firm Quantum Corporation announced it was to cut 250 jobs with the closure of its manufacturing facility. The firm said it was moving production from Dundalk to Eastern Europe.

As part of the survey, 71 percent of respondents said China would record the biggest growth in IT manufacturing jobs over the next three years, with India in second place.

Seventy-nine percent of firms said they are expecting to increase revenues, with only 3 percent anticipating a downturn. More than half are more confident than last year; only 3 percent admitted being less confident.

The survey asked the opinions of almost 300 executives in 20 European countries.

Copyright © 2006, ENN

The Essential Guide to IT Transformation

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.