More ICT jobs as industry grows 11 per cent
- 13 November, 2012 10:58
Around 12,300 new ICT jobs are expected to be available in the year to February 2013 with further growth anticipated to 2015 unless Australia enters a minimum two year recession, according to data from the Australian Computer Society.
The 2012 ACS Statistical Compendium – an analysis of ICT economic and social trends – based this jobs figure on data released by the Australian Bureau of Statistics (ABS) in February this year and a model that measures jobs demand based on the ASX200.
The latest analysis also found that the Australian ICT industry generated revenue of $91 billion in the past 12 months, an 11 per cent increase on 2011. Our “digital economy” was valued at $100.2 billion in 2011 or 7.74 per cent of GDP.
“ICT rivals mining in terms of its contribution to the economy and unlike resources, technology and innovation of not a finite resource but has boundless potential for development,” said ACS’ chief executive Alan Patterson.
Currently, there are more than 381,000 ICT professionals working across Australia, up 31 per cent from 280,100 back in 2003.
ICT course enrolments down
But despite the job growth, the number of enrolments in ICT-related university courses in Australia in 2010 were half of what they were a decade ago. New 2012 data showed that completion rates are just 54.6 per cent with only 4547 students expected to graduate from these courses this year. This was down by 53 per cent from 9093 in 2003.
Patterson said this shortfall in young people completing ICT courses continues to be a major risk for the ICT sector and overall Australian economy.
“The disconnect between the 31 per cent growth in ICT industry employment since 2003 and the 53 per cent decline in domestic ICT graduates over the same period is a stark underscoring of a broken supply/demand equation,” said Patterson.
“In the US, commencements in undergraduate computer science programs rose 9.6 per cent in the 2011-12 school year and if Australia hopes to compete on the international stage, more must be done to increase the engagement of students in ICT.”
Patterson also quoted ABS data, which suggested that as many as 60 per cent of Australian businesses do not have an online presence and only one in four are using the Internet to receive orders.
He said that one in five businesses are relying on non-IT specialists for IT support while 13.4 per cent have no IT support at all, which underlined the need for professional ICT services.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.
Why change management doesn’t work
Larry Page wants to see your medical records
Dual-Persona Smartphones Not a BYOD Panacea
After two-year hiatus, EFF accepts bitcoin donations again
CIOs struggle to deliver timely mobile business apps: survey
Advanced Malware Exposed
This handbook shines a light on the dark corners of advanced malware, both to educate as well as to spark renewed efforts against these stealthy and persistent threats. By understanding the tools being used by criminals, we can better defend our nations, our critical infrastructures and our citizens. This ebook will provide readers with a new understanding of the rapidly developing cyber threat landscape and practical insights into how they can protect their data and computing infrastructures. Download now.
Leading Through Connections – Insights from the Global Chief Executive Officer Study
IBM’s 2012 Global CEO study follows face-to-face discussions with more than 1,700 CEOs and senior public sector leaders from around the globe. The findings examine how CEOs are responding to the complexity of increasingly interconnected organisations, markets, societies and governments. For example, almost one-quarter of CEOs say their organisations operate below par in terms of driving value from data. CEOs have expressed frustration about their inability to capitalise on available information. This is because: “The time available to capture, interpret and act on information is getting shorter and shorter.” CEO, Chemicals and Petroleum, United States Given the need for deeper business insight, the best performing organisations are more adept at converting complex data into insights, and insights into action. Download Entire Report Now.
Spear-Phishing Email: Most Favored APT Attack Bait
This research paper presents findings on APT-related spear phishing from February to September 2012. We analysed APT-related spear-phishing emails collected throughout this period to understand and mitigate attacks. The information we gathered not only allowed us to obtain specific details on spear phishing but also on targeted attacks. We found, for instance, that 91% of targeted attacks involve spear-phishing emails, reinforcing the belief that spear phishing is a primary means by which APT attackers infiltrate target networks.