Hays Releases Asia IT Industry Report "Unleashing Tomorrow's Technology — Asia Trends Survey & Interviews"

Hays (headquartered in the UK) is a specialist recruitment agency providing global talent services. On 10/31, it released a report on the Asian IT industry titled "Unleashing Tomorrow's Technology — Asia Trends Survey & Interviews."

[Survey Overview]

Survey period: May 9 – May 30, 2022

Survey format: Email, internet

Countries/regions surveyed: Japan, China, Hong Kong SAR, Singapore, Malaysia

Number of respondents: 394

[Key Survey Findings]

1. Preparing for the future goes beyond innovation

For many years, innovation has been a key element of companies' future-readiness strategies. At the same time, remote and hybrid work have spread new ways of working, driving the adoption of new operating models. Innovation is not being set aside, but as companies rush to respond to current and future needs, they are also rethinking their corporate culture and priorities.

41% believe that, amid the growing focus on customer centricity, companies should adopt new business models and customer engagement strategies and expand their efforts to meet customer preferences.

"Unleashing Tomorrow's Technology — Asia Trends Survey & Interviews"

2. The skills required are changing along with the times

As global disruption and digitalization keep accelerating IT technology, demand for new talent able to keep pace is also expanding rapidly. The skills gap in the IT industry is widening, and demand for IT roles quickly outstrips the number of candidates with the required skills. Nearly 60% see room to improve their own hard and soft skills. Against this backdrop, IT professionals strongly recognize they need to sharpen their skills to reach their career goals.

"Unleashing Tomorrow's Technology — Asia Trends Survey & Interviews"

3. Purpose-driven workplaces, highly engaged talent

The pandemic gave people more time for self-reflection and changed the way they think, bringing major shifts to how work is approached. Many business professionals continue to reassess their work experience, question its meaning, and weigh their options. With a significant shortage of highly skilled talent in the IT industry, it has become essential for companies to understand what motivates employees and to create meaningful, rewarding employee experiences that attract and retain them. "Unleashing Tomorrow's Technology — Asia Trends Survey & Interviews"

You can download the report here.