Digital skills, generative AI, and data analytics are the most in demand, signalling bright prospects for talent with tech skills such as Development, SAP, Automotive Design, Testing, and Infra Support, among others, in the first quarter of fiscal 2024, according to the Skills Report by Quess Corp, a business solutions provider.
Full Stack skills exhibited consistent and upwardly trending demand within the consulting, automotive, banking, and telecom sectors.
The demand for SAP (16%) expertise has consistently remained high, encompassing both development and implementation aspects.
Among functional skill suites with the highest intent-to-hire in the first quarter, development roles (28%) held the highest share.
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Automotive design (14%) is another one of the top skills in demand
IT and BFSI showed the highest tech-focused intent-to-hire
IT sector (15%) emerged with the highest share, followed by BFSI (15%), and Digital Engineering (13%). Telecom and Healthcare industries have also seen improved sentiments. As the world moves towards renewable energy, the oil and gas sector is being compelled to overhaul their business models and decision-making methodologies to remain competitive. To achieve this, they are turning to digital solutions to unearth new revenue streams, increase production, and drive down costs. Advanced technologies such as data analytics, artificial intelligence, and the Industrial Internet of Things are enabling companies to optimize complex processes and respond more effectively to volatility, shocks, and disruptions.
Karnataka, Maharashtra lead hiring
Tech hiring dominated by IT hubs Hiring activity across India was primarily dominated by IT Hubs in Karnataka, Maharashtra, Tamil Nadu, Telangana and Haryana. Remote working mandates and improved data services infra have enabled an upswing in hiring across Tier 2 and 3 cities, particularly in E-Commerce and Financial Services firms. We have deployed associates in cities like Jaipur, Coimbatore, Indore, Kochi, Gulmarg, Siliguri and more.