Today’s leading-edge businesses are under increased pressure to embrace new technologies, like cloud-based applications, and simultaneously harden network security. Yet with IT unemployment rates at historic lows, companies are struggling to source the specialized talent that’s necessary for achieving these business objectives. Rather than competing in the world of traditional IT hiring, today’s forward-thinking companies are embracing a new recruitment model: flexible contract staffing on a fixed-project or contractor-to-hire basis.
A recent study shows that by 2030, there could be a global talent shortage of more than $8.5 trillion. Most of this talent scarcity is in technology. Many businesses are already beginning to feel the pain from the technology talent shortfall.