Rethinking technology talent for digital transformation
COMMUNICATIONS and Information Minister S Iswaran recently said in Parliament that while technology talent in Singapore has grown by about 10,000 year-on-year, demand for tech talent will continue to outstrip supply.
Even before Covid-19, the Infocomm Media Development Authority projected that local demand for technology talent will increase by another 61,600 till 2021. Covid has only widened this gap as the demand for tech talent to help companies compete in a digital world increases.
But companies should not be dismayed at the gap in technology talent. In today's digital economy, most of us are digitally-conversant. With a growth mindset and the opportunities to reskill and upskill, it is no longer difficult for people who are not technically-trained to contribute to technology-driven innovations.
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