After carrying the niche tech skill in old technologies for several years, jobs that require artificial intelligence (AI), machine learning (ML), and big data have suddenly become mainstream choices lately. So much most techies with older skills are forced to re-skill and learn the emerging technologies. This includes large IT service firms as well as startups.
Despite the layoffs and frozen hiring in the IT sector, the employment opportunities are not as hopeless as it may seem. IT firms tend to hire a large number of software professionals with outdated tech skills.
The online job listings suggest that there is still a good demand for tech skills like Cobol and Java. Tech services companies still hire a significant number of professionals with older software languages. There is a high demand for IT professionals having skills in languages such as the mainframe, C++, Sybase, and Fortran.
On a global scale, large enterprises and companies working in the finance domain are struggling with technology shifts. These enterprises and large organizations are forced to make their desktop applications accessible on smartphones. This is making them contact the vendors that transform applications built on legacy systems to new-age applications written in new languages.
Leading IT services firms in the country are working with large clients that are still dependent on the legacy systems and languages. Since these clients are on a transformation journey, outsourcing vendors are hoping to optimize their core application and help them develop new capabilities. Most of these segments require traditional IT skills like Cobol, Java or C++ along with additional new skills.
Some of the large clients run on mainframe software globally. Cobol is exactly considered as a legacy skill but the IT service firms continue to need software developers with Cobol expertise. Java is still considered as one of the core programming languages. Most IT firms in the country are digitally transforming their business units, creating large demand for candidates with skills in these technologies.
Digital transformation projects need full-stack professionals with a spectrum of skills across technologies like Java, ASP.NET, or NodeJS on the server side. IT services companies other than the multinational companies are observing strong growth in digital technology-based services.