I remember when I just finished high school, there was a shortage of IT professionals. It was the time when technology was booming and advancing too fast for the workforce that they were 'importing' staff from all over the world to make it all happen.
So, universities went crazy recruiting new IT students offering all sorts of courses from a simple Computing Sciences course to things like Software Engineering, Technology Development, Technology Management and Computer Networking to attract students to an industry known for its career ladder and high pay.
Unfortunately, by the time all these students graduated, the IT industry was overloaded with IT professionals and many had to take jobs in other industries instead. It was a result of bad planning really: too many people wanted the opportunities, but not specialising themselves enough to be 'wanted'.
The problem with the IT industry is: it's too broad. IT is a very very general term in technology. Many people think it's just working with computers: programming, building hardware, managing databases and networking. You tell someone you work in IT they will probably say "Oh good! There is something wrong with my computer. Can you fix it?"
What those who are not in the industry don't understand is: IT doesn't have to be technical. And it is in fact, those non-technical jobs in IT that is surviving locally in a world where outsourcing is growing to be a trend.
Besides technical jobs, to work in the IT industry can also involve people with experiences in: HR, Payroll, Project Management, Asset Management, Office Admin, Event Management, finances and banking and even the odd real estate professionals can score a job in IT. Companies such as IBM has internal departments with professionals from all the other areas, to manage their finances, legal issues and even their real estates of their worldwide offices. Microsoft and Google has similar structures too. And in a way, all these people, no matter which department, all work in IT.
However in the recent years, many IT jobs are outsourced, and it is in fact many of the more 'traditional' IT jobs such as programming and database management that are going. Any job that doesn't require the staff to have to physically be in one location with others are in danger of being outsourced, and call centres are one very fine example. All they need is a centralised phone number.
So if you are considering a job in IT, consider your desired areas of expretise. What IT needs these days are high level engineers that understand the local infrastructure well and business analysis that understand the operations of IT to be able to align both sides of the organisation to work together better. The second is really important, as traditional business professionals that don't come from an IT background cannot work with IT professionals that doesn't understand the business. This is often where companies who wish to embrace the latest technology offerings fail - they fail to see how the technology should be aligned to the business and end up spending too much money trying to fix the post integration problems.
IT is still booming, but in different ways than it was before. It helps to analyse the market before making a decision to switch.
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