CompTIA’s IT Industry Outlook 2024 report reveals a positive sentiment among technology industry leaders and professionals for the upcoming year. The outlook spans various sectors, emphasizing positive attitudes towards career opportunities, business prospects, and the overall digital landscape.
Anticipated developments, including the surge in generative AI, growing cybersecurity challenges, and changes in recruitment practices, are poised to significantly impact the foundation of the tech industry in 2024. The report outlines ten trends expected to shape the continuous evolution of technology.
Seth Robinson, CompTIA’s Vice President of Industry Research, notes that companies and individuals in the technology sector must choose focus areas aligned with their goals, given the available tools and knowledge.
The report forecasts a notable rise in business applications incorporating AI across tech products and workflows. Approximately 20% of tech organizations in Australia and New Zealand aim for profound AI integration, while 68% seek to enhance AI adoption, particularly in automating routine tasks.
Additionally, a shift towards skills-based hiring is predicted to gain momentum in the coming year, offering employers access to a more diverse candidate pool. Around 20% of tech organizations in the mentioned regions have well-defined hiring guidelines based on individual skills.
Carolyn April, Senior Director of Industry Analysis at CompTIA, emphasizes the importance of enhancing career development approaches. Companies are expected to embrace career transparency, providing clear pathways to promotion or job mobility through regular conversations between personnel managers and employees.
Despite a general optimism among tech professionals in Australia and New Zealand about their professional journey and organizational growth, the tech work environment reveals stress factors. Mounting complexity, constant cyber threats, and concerns related to outsourcing contribute to the challenges.
Looking ahead to 2024, most tech companies, around 68%, maintain a positive perspective based on business progress and achieving sales goals. Pessimism is primarily linked to external factors like inflation and an ongoing labor shortage.