Pages

Wednesday 11 May 2011

Software Engineering Scenario - Career Perspective

A well paid job in United States, or in European countries, is a dream of every Indian student. As you know, many of these countries themselves are now facing problems of unemployment, leading to increasing restrictions for jobs related visas in these countries. Therefore, Getting a decent job and a successful career is becoming very difficult with high competition in global market scenario.

Fortunately, situation is not as grim as it may appear, if you take care to maintain your competitive edge. A recent report from World Economic Forum suggested that "By 2030, the developed world will need millions of new employees to sustain economic growth, the report said. Of these, the United States will need 26 million employees, and western Europe will need 46 million employees." The report also suggested that " A World Economic Forum report indicates that India will face huge skills gaps in some job categories due to low employability over the next 20 years"

This means, for every one seeking a good job and a successful career, that these cannot be taken for granted any more. That is, an engineering degree, and knowledge of one or two programming languages are not sufficient enough to get a good job. Yet there are plenty of opportunity if you have critical skills enhancing your employability. "We are facing an unprecedented mismatch of skills and personnel. Unemployment numbers will rise from 18 million to 22 million this year, even though there are four million vacancies that employers cannot fill" said Rudi Thomaes, CEO of the Federation of Enterprises in Belgium

Interestingly, Gartner Inc, world’s leading information technology research and advisory company, has predicted that "By 2015, tools and automation will eliminate 25 percent of labor hours associated with IT services. As the IT services industry matures, it will increasingly mirror other industries, such as manufacturing, in transforming from a craftsmanship to a more industrialized model"