Technology Takes the Lead: The Future of IT in Australia

March 29, 2023

The Information Technology industry in Australia is poised for continued growth and innovation in the coming years. With the increasing reliance on technology in all aspects of life, the need for skilled professionals in the IT sector is only set to increase.

 

There are over 300,000 IT and services professionals in Australia, according to a report from LinkedIn Talent Insights. The workforce of the IT industry will continue to grow in the next five years as digital advancements become more integrated into businesses. According to the Australian Government's Job Outlook, employment in the Information Media and Telecommunications industry grew by 3.1% in the last quarter. This growth is reflective of the continued demand for technology services across all sectors.



Source: Top 10 Skills of IT & Services Professionals. Source: LinkedIn Talent Insights 


As technology continues to evolve, the skills of IT professionals continue to expand. According to a report from LinkedIn Talent Insights, the top skills for these professionals include Agile methodologies, engineering, cloud computing, and business analysis, to name a few. Some IT professionals have attained their skills through formal education and industry experience, while others have utilised online learning platforms such as Youtube, Coursera, Udemy, and LinkedIn Learning.


In addition to job growth, the technology industry in Australia is also expected to continue to expand in the future. More and more organisations will adapt and innovate their businesses with technology in mind.  According to a report by the Australian Computer Society and Deloitte Access Economics, the efficiency dividend from technological advancements adopted by companies resulted in a 6.5% in economic value which equates to an increase of $126 billion in gross domestic product to the economy. This growth is expected to be driven by emerging technologies such as artificial intelligence, blockchain, and the Internet of Things.




Source: LinkedIn Talent Insights




One area where there is expected to be continued demand for IT professionals is cybersecurity. As more companies and individuals rely on technology for their daily operations, the need for effective cybersecurity measures has become increasingly important. According to a report by AustCyber, the Australian cybersecurity industry is expected to double in size in the next five years.

 

The pandemic has also accelerated the adoption of remote work in the technology industry in Australia. With many companies offering flexible work arrangements to their employees, this trend is expected to continue in the future. Remote work offers benefits such as increased productivity and job satisfaction and is likely to become an increasingly popular option for IT professionals. However, in order to take advantage of these opportunities, IT professionals will need to develop new skills and stay up to date with the latest trends and technologies. Companies will also need to invest in training and development programs to ensure their employees have the skills to keep up with the rapidly evolving technology landscape.

 

Despite the positive outlook for the IT industry in Australia, there are also challenges to be faced. The gender gap remains an issue, with women holding only 31% of IT jobs in Australia, according to a report by the Australian Computer Society and Deloitte Access Economics. Addressing this imbalance will be crucial to ensuring that the industry continues to thrive and innovate.

 

The Information Technology industry in Australia is set for continued growth and evolution in the coming years. With emerging technologies, the need for cybersecurity, and the increasing adoption of remote work, IT professionals have plenty of opportunities to build successful careers in this exciting and dynamic field. If you’re thinking of venturing into the world of IT and digital, you’ve come to the right place. We at Firesoft might have the opportunity you’ve been looking for. Check out our live jobs here for more information.

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