The Future of Talent Management

© Copyright 2007 SkillPROOF Inc.http://www.skillproof.com1

The Future of Talent Management

TM

For questions please contact:Henning SeipSkillPROOF Inc.510 Barnum Ave., Suite 402Bridgeport, CT 06608ph: 917-463-3941 email: [email protected]

IT Labor Demand ResearchJanuary, 2008


Data SourceSkillPROOF surveys the inventories of job openings at large, regional and nationwide direct employers. A direct employer (or principal employer) is a company which will employ the employee directly to work for it. Job openings at these employers are not published on behalf of a third party.All employers surveyed by SkillPROOF have job databases with complete listings of the employers’ current job openings.

All job openings are counted and verified every 24 hours. All data sources have been verified for timely removal of filled or closed positions. SkillPROOF does not survey job boards since research has found that employers often advertise only a fraction of their job openings there due to the cost of advertising. Also, the same job opening may be posted on several different job boards.

SkillPROOF does not survey sites operated or owned by search or staffing firms.

Data SampleSkillPROOF currently tracks about 50,000 IT job openings from which a sample is generated. The sample is the base for SkillPROOF’s statistics.

Job Opening CountsFor this report SkillPROOF estimates the counts of job openings. Estimates are calculated directly from SkillPROOF’s actual daily counts of job openings and data/findings from the Bureau of Labor Statistics (BLS) which are available at http://www.bls.gov.

SkillPROOF Methodology


3Com CorporationAbbott Laboratories Accenture LtdAdobe, IncADP, Inc.AetnaAIG Inc.Akamai Technologies, Inc. Allmerica Financial Corp.ALLTEL CorporationAmazon.com, Inc.Amgen Inc.Analog Devices, Inc. AOLApple Computer, Inc. Autodesk, Inc. BAE SystemsBank of America Corp.BearingPoint, Inc.Blue Cross and Blue ShieldBoehringer IngelheimBooz Allen Hamilton Inc.Bose Corporation Cambridge Health AllianceCapital One Financial Corp.Cendant Corporation CIGNA Cingular Wireless LLC

SBC CommunicationsSRA International, Inc.Staples, Inc. State Street Corporation Sun Microsystems, Inc.SunTrust Banks, Inc.Sybase, Inc.Symantec CorporationThe Boeing CompanyThe Gillette Company The Hartford InsuranceThe MathWorks, Inc.The McGraw-Hill CompaniesThe MITRE CorporationThe Pepsi Bottling GroupThe Progressive Corp.The Thomson Corp.

Time Warner Inc.TravelersTyco International Ltd.UBS Warburg LLCUnisys Corp.UnitedHealth Group Inc.Verizon CommunicationsWachovia CorporationWashington Mutual, Inc.WyethYahoo! Inc.

Intuit Inc.J.P. Morgan Chase & Co.Kaiser Foundation HealthKeane, Inc.KPMG InternationalKronos Incorporated Liberty Mutual InsuranceLockheed Martin Corp.MITMcKesson CorporationMetropolitan Life InsuranceMicrosoft Corp.Millennium PharmaceuticalsMorgan StanleyMotorola Corp.Nextel Communications, Inc.Nokia CorporationNorthrop Grumman Corp.Novell, IncNVIDIA CorporationPartners HealthCare SystemPerot Systems CorporationPfizer IncPitney BowesPriceWaterhouseCoopersRaytheonSAIC Corp.SAP America, Inc.

Cisco Systems, Inc.Citigroup Inc.Citrix Systems, Inc.Comcast Holdings Computer AssociatesCSCCompuware CorporationConcentra Inc.Countrywide Financial Corp.eBay Inc.EMC Corp.Ernst & Young InternationalFiserv, IncFleetBoston Financial Corp.FMR Corp. Freddie MacGartner, Inc.GE CorpGeneral Dynamics Corp.Goodrich Corp.Google, Inc.GTECH Holdings Corp.Hewlett-Packard CompanyHousehold International, Inc. Hyperion Solutions Corp.IBM Corp.ING AmericasIntel Corporation

Partial List of Employers Included in the Statistics


The IT Job Market will be growing slower this year than the past three years. A significant reason for this development is the development in the real estate market and the mortgage crunch. Construction is a very important part of the economy and a slowdown here has a negative affect rippling through many industries.

Universities and students should look beyond this year and recognize the long-term trends in the number of job openings locally and national. The strong growth trend in IT will continue due to the continued proliferation of IT solutions in our daily lives. Most significant growth areas are open source software development, SOA and Large Systems Technologies like Virtualization. The demand for these technologies continues to grow at a very high speed.

IT Job Market Remarks


IT Job Market

NationwideThe number of job openings for IT professionals nationwide has increased by 45.2% from 2004 to 2007.

In 2007, the number of open IT positions has grown 2.0% compared to 2006.


Estimated IT Job Openings USA2004 - 2007

126,300

160,700

179,800 183,400

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

200,000

2004 2005 2006 2007


IT Sales and Marketing 83.0%

Business/Process Design 71.0%

Software Development 50.9%

Systems Administration 47.3%

IT Management 43.1%

IT Architects/Consultants 37.4%

Systems Engineering / Support 28.7%

Growth of Job Openings by Category, Nationwide, 2004 – 2007


Systems Engineering / Support 49,500

Software Development 39,600

IT Management 24,800

IT Architects/Consultants 23,700

IT Sales and Marketing 14,900

Systems Administration 9,000

Business/Process Design 6,000

Job Openings by Category,Nationwide, 2007


SOA 1316%

Virtualization 609%

PHP 295%

Linux 153%

Web Services 143%

C# 135%

JavaScript 108%

SOAP 94%

Growth of Required, Hot Tech Skills, Nationwide, 2004 – 2007


MS Windows O/S 32,900

SQL 27,400

C++ 25,500

Java 28,300

Linux 17,800

Oracle DBMS 17,700

XML 15,800

HTML 11,900

Most Required Tech Skills,Nationwide, 2006

Job Openings (estimate)Technology

Documents

The Future of Talent Management