Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

2007 Market Analysis: Employers Fight to Fill High-Impact Positions.


Yoh's 2007 market analysis predicts the war for technology talent will continue, increasing wages and the demand for specialized skills

PHILADELPHIA -- The war for high-impact talent in technology-based industries continues to rage, putting pressure on wages to rise in the coming year. That's the result of the latest market analysis compiled by Yoh, a leading provider of talent and outsourcing services and a unit of Day & Zimmermann.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Yoh's findings, companies will have the most difficult time in 2007 finding candidates with specialized technical skills and specific domain and industry experience, especially for technology services and device manufacturers in the hardware space, as well as clinical research and R&D departments in the pharmaceutical, medical device, and biotech spaces.

The two categories that Yoh's research suggests currently fall short on high-impact talent--R&D and software developers--will continue to experience this same trend next year. Specifically, the 2007 Yoh market analysis found there will be nationwide demand in the R&D space for clinical research associates, biostaticians, firmware engineers, and hardware engineers. Yoh's predictions for demand in software (Note: not all software developers) development include Business Objects, Java and MS developers, SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System.  programmers, and systems architects. Additionally, a steady stream of upgrades by ERP vendors A list of Enterprise resource planning (ERP) vendors. ERP vendors by revenue
The largest vendors worldwide in 2005 according to Gartner Dataquest:

Market share 2005 according to Gartner Dataquest[1]
# Vendor Revenue
(million $) Market share
, as well as growing adoption of standardized enterprise SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records.

(2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability.
 platforms, are creating a significant need for qualified talent such as Oracle and SAP consultants and experienced database administrators.

"The technology market continues to grow, which keeps pushing wages up," says Jim Lanzalotto, Vice President of Strategy & Marketing of Yoh. "Hiring managers are continuing to look for specialized talent to help them keep up with maturing technology. For example, a candidate with .Net developer skills and pharmaceutical experience is far more engaging to a hiring manager than a candidate with the skills but not the market expertise or experience."

Yoh's 2007 market analysis also examined the technology skills in greatest demand by employers in 12 major U.S. technology hubs. Yoh found some of the hottest regional jobs to be:

* Atlanta: Java Developer, MS Developer, Project Manager

* Austin/Dallas/Houston: .NET C# Developer, Java/J2EE Architect and Developer, SQL SQL
 in full Structured Query Language.

Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results.
 DBA

* Boston: Business Systems Analyst, Project Manager, Clinical Research Associate

* Charlotte: Java Developer, MS Developer, Project Manager

* Cincinnati/Cleveland: SAP consultant, Oracle consultant, Oracle DBA

* Indianapolis: SAP consultant, Oracle consultant, Oracle DBA

* Northern New Jersey: ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  Consultant, CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  Project Manager, .NET Developer

* Philadelphia: Network Security Specialist, Java Developer, .NET developer

* Phoenix: .NET Developer, Project Manager, Java/J2EE Architect and Developer

* Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. : Clinical Research Associate, Clinical Project Manager, Clinical Data Manager

* Seattle: Software Developer Engineer, Hardware/Firmware Engineer, MS Developer: .NET, C#, VB6

* Silicon Valley: Firmware Engineer, ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor.  Design Engineer, Embedded Engineer

* Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, : Software Engineer--Applications Development, Software Engineer--Embedded Systems, Aerospace Engineer

In examining employment trends, Yoh's analysis found that the nation's strong rate of employment is drying up the available talent in the labor pool. The company also noted that hiring managers are reaching beyond their geographic boundaries, realizing that high-impact technology consultants no longer need to be on site.

"Heading into 2007, hiring managers will need a foolproof battle plan to hire top talent with expertise in their specific industry," says Lanzalotto. "And to mobilize effectively, HR leaders need to be proactive in their talent acquisition efforts, and concentrate on developing an engaging employer brand with attractive compensation packages that will draw in the best qualified talent from the shallow labor pool."

To access the full 2007 market analysis report and view the list of the top 10 positions in greatest demand in a variety of regions, visit www.Yoh.com/HotSkills.

About Yoh

Yoh is one of the largest providers of talent and outsourcing services to customers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . With over 367 million USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 in total sales, Yoh operates from more than 75 locations and provides long- and short-term temporary and direct placement of technology and professional personnel, as well as managed staffing services, for the information technology, scientific, engineering, health care, and telecommunications communities. For more information, visit Yoh.com. Yoh is part of Yoh Services LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a Day & Zimmermann Company.

About Day & Zimmermann

Day & Zimmermann accelerates customer success by delivering reliable managed services. Operating from more than 150 worldwide locations with 1.6 billion USD in revenues, the Day & Zimmermann family of companies employs 20,000 professionals and is currently ranked in the top one percent of private companies in America by Forbes. Founded in 1901 and headquartered in Philadelphia, Pa., Day & Zimmermann is a former winner of the U.S. National Family Business of the Year award. For more information, visit DayZim.com.

NOTE TO PRESS

Comprehensive resources are available for this story, including people and/or product photographs, company and/or product logos, executive interviews, industry sources, analyst contacts, answers to frequently asked questions, industry research and data, corporate and product briefs, and more. Please contact Meredith Glanzmann at Gregory FCA FCA

Abbreviation for the Free Carrier
, at 610-642-8253, ext. 112 or Meredith@GregoryFCA.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 3, 2007
Words:822
Previous Article:SightSpeed Names Ad Industry Veteran Peter Hanley to Board of Advisors.
Next Article:Camera-Based Automotive Systems Could Save Costs and Lives, According to ABI Research.
Topics:



Related Articles
Keeping black areas green.
EDITORIAL : SAFETY IS NO ACCIDENT CAL-OSHA HAS ROOM FOR IMPROVEMENT.
High demand for foreign teachers meets short supply of visas.
PERS still packs punch.
ASSAULT AGAINST CRIME IN 2007 MAYOR HEARNS ADVANCES EFFORTS ON VARIETY OF FRONTS.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles