In amidst their rush to implement digital transformation strategies and deploy new technologies, companies face a huge challenge – hiring skilled IT professionals.
With a decline in the number of people taking computer science courses across all levels of education, the deficit of ICT professional skills in the UK and EU is forecast to double from 373,000 in 2015 to 756,000 by 2020, according to Empirica, with Manpower’s 2016-2017 Talent Shortage Survey further indicating that IT roles – such as developers and programmers – are the second most difficult group to recruit for globally.
This shortage has a huge business impact, with a 2015 Harvey Nash/KPMG report revealing that 65% of IT leaders believe this lack of talent will ultimately prevent their organisation from keeping up with change.
Mark Holt, CTO at thetrainline.com, explained the problem in a recent CIO.co.uk article: "We have vacancies for as many developers as we can recruit and are receiving many applications for these roles.
"But while we have been recruiting one or two developers a month for full-time jobs, we are eager to recruit even more - but haven’t been able to because of a dearth of talent."
Nearshoring ‘helps businesses address the IT skills gap’
Subsequently, companies in the UK and Europe are looking for outsourcing partners to boost the level of expertise within their business.
Otherwise known as nearshoring – the method of working with nearby companies with similar ethos and time zone, outsourcing software development can be a cost-efficient way of improving time to market, the quality of applications being written and risk mitigation.
Outsourcing is also quick to scale, and there are other benefits such as potential time savings, greater IT flexibility, and improved compliance.
"Contrary to a popular belief, cost is no longer the factor that drives enterprises towards nearshoring. IT decision makers rather base the decision on whether the necessary skills and resources are in place to deliver a successful software project that will suit their business,” says Pawel Pustelnik, Head of Delivery at Future Processing, an experienced Polish nearshore software development service provider.
“Nearshoring can be the answer with regards to the acquisition of the so-called premium skills and services, such as security experts, big data engineers, technical architects, performance testing, automation services, that are difficult to train and are rare on the market,” says David Przespolewski, Head of Business Development at Future Processing. “A capable nearshore partner can provide flexible access to these competencies".
“Having a nearshore partner is also an opportunity to try a different operating model (…) one in which the business doesn’t have to worry about the competence gap but also can get rid of the risk of not delivering the project on time or budget,” added Przespolewski.
Starting a partnership with a nearshore company can be a pivotal way of ensuring your business isn’t left behind. Partnering with a good provider – one that offers a variety of competencies – from business analysis, through programming to project management, will remove the barrier of talent shortage that is unnecessarily stopping your organisation’s development. Securing adequate IT skills will mean you have sufficient talent to proceed with your strategy for innovation.