IT development and engineering vacancies increased by 13% during the year ending 31st August 2017, according to the Association of Professional Staffing Companies (APSCo).
The news comes following Morgan Stanley’s latest AlphaWise CIO Survey, which found that spending on software is set to grow by 5% over the next year as chief information officers prioritise investing in cloud computing, artificial intelligence, machine learning and flash storage.
APSCo’s data, provided by business intelligence specialist, Vacancysoft, also found that overall IT vacancies increased by 5.8% year-on-year, with IT management roles up 9.1% over the same period.
Across the country, Greater London continues to dominate the IT sector, with demand up 6.2% year-on-year, accounting for around half of all UK vacancies (47.4%). However the greatest growth in demand was recorded in the East Midlands, where demand increased by 22.7%, closely followed by the North East, which saw a 17.2% rise in new openings.
Ann Swain, chief executive of APSCo, commented on the report saying:
“As our data shows, the development sector seems to be booming. As Keith Weiss, Morgan Stanley’s lead analyst for the software sector, recently pointed out, “software is eating the world”. Each and every element of our lives, from our health to our purchasing behaviour, can be influenced by smartphone apps – and the rapid speed of innovation we are experiencing as individuals relies on having the requisite talent available.”
“Looking at enterprise software development specifically, companies are being increasingly pushed to work faster, smarter and more safely. It’s a race to the top in terms of agility and customer experience, and improving capabilities through mechanisms such as deep learning offers businesses a competitive advantage.”
“Software development as a discipline is no longer confined to a finite number of specialists working to create off-the-shelf solutions. Now every business is essentially a technology company and software development is evolving into a continuous R&D commitment. Against this backdrop, we expect demand for developers to remain strong across the UK moving forwards.”