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CIOs foresee an increased headcount in South East Asia

Key findings*:

  • 63% of CIOs state that their staff headcount will increase in the next 12 months
  • 42% predict that the job market will improve over the next 12 months
  • 39% of CIOs say mobility is their top priority, followed by 37% prioritising cloud services
  • The top three skills in demand by CIOs are project management, cloud technology and mobility development
  • Career progression is key to retain employees in the technology sector in the next 12 months

*Source: Michael Page Singapore, Malaysia and Indonesia 2015/16 CIO Viewpoint report

Singapore, 29 September 2015 - According to the recent Michael Page Singapore, Malaysia and Indonesia 2015 / 16 CIO Viewpoint report, the hiring outlook for the IT sector is set to look buoyant in South East Asia over the next 12 months. Across Singapore, Malaysia and Indonesia, companies are seeking many large scale projects in technology aligned to growth and a demand for greater efficiency and heightened innovation.

Findings from the report show there is optimism in the IT sector among surveyed CIOs, as over almost a half of respondents (42%) predict that the job market will improve over the next 12 months and an overwhelming 63% of CIOs state that their staff headcount will increase, further bolstering job prospects for IT professionals throughout South East Asia.

Anthony Thompson, Regional Managing Director, PageGroup Greater China & South East Asia, says, “73% of CIOs increasing their headcount will be doing so by hiring permanent staff, and it is clear that IT professionals with project management, cloud technology and mobility development skills will be in highest demand. Advances in big data mean that data architects, analysts and security experts will be highly sought after.”

Mobility, cloud services and project management are the priority areas in the next 12 months for CIOs in the region, and findings from the Michael Page Singapore, Malaysia and Indonesia 2015/16 CIO Viewpoint report also show it is in these exact areas where the lack of skilled local talent is greatest.

To counter the local talent gap, 54% of CIOs are  offering learning and development programmes, which include further training, upskilling and mentoring for their existing employees. However, it takes time to get results from this approach and businesses looking for rapid results may look internationally in the short-term to bring in resources that can deliver quality work.

In terms of the customer experience, CIOs are primarily concentrating on improving processes and experiences for mobile and wireless devices. In the next 12 months, mobility is the most important priority for 39% of respondents, followed by cloud services (37%) and digital (15%).

“We are seeing CIOs shifting from their traditional technical focus to delivering optimal services to their customers,” says Thompson. “CIOs are also focused on operational efficiency and business resiliency, with 37% stating that only 1 to 2% of their company budget is being reinvested into IT. CIOs are conveying the message that they are doing more with less, as is indicative of the smaller working teams and limited technology budgets.”

The 2015/16 CIO Viewpoint report, produced by Michael Page Technology, is based on the survey findings of 41 of the most highly regarded Chief Information Officers (CIOs) working across a range of industry sectors in Singapore, Malaysia and Indonesia.

For full findings of the report, please refer to the following links: http://www.michaelpage.com.sg/news-research-centre

 

 

For more information contact:

Carolyn Cheang
Marketing Programme Manager
PageGroup
Phone: +65 6416 9862
Email: carolyncheang@michaelpage.com.sg

 

Matthew Fisher                                                                   
Senior Content Manager
PageGroup
Phone: +612 8046 0820
Email: matthewfisher@michaelpage.com.au  

About Michael Page

As part of PageGroup, Michael Page is a leading professional recruitment consultancy specialising in the recruitment of permanent, contract and temporary positions on behalf of the world’s top employers. The Group operates through 154 offices in 35 countries worldwide. First established in London in 1976, we’ve been bringing job seekers and employers together for more than 30 years. Our presence in the Asia Pacific region extends across China, Taiwan, Singapore, Hong Kong, Japan, India, Malaysia, Australia and New Zealand.