Our last, but certainly not least important prediction for 2017 was about the intensifying battle for IoT tech talent. This clamoring for ‘connected product people’ has only intensified since the beginning of the year. We made this prediction based on the number of consumer brands entering the connected products market and the stiff competition they are facing to recruit top tech talent—especially people who have direct experience with connected products. Said differently, how will traditional brand manufacturers entice top talent to leave their Silicon Valley tech jobs?
Demand is fanning out across tech-savvy markets from coast to coast. Research indicates there are 500,000 computing and IT jobs open nationally. This is in contrast with an unemployment rate of 2.6% in IT and a talent pool that adds only 43,000 Americans who graduate from college with computer-science degrees each year.
TOP RECRUITS: DATA AND SECURITY PROS, IOT ARCHITECTS
IoT spans a wide swath of technical disciplines: embedded, cloud, security, mobile apps, user-experience, UI, UX & industrial design, data analytics, business intelligence, network operations, and more. According to recruiting experts, among the most in-demand positions are data scientists and engineers, cybersecurity engineers, full-stack developers, IoT architects and those experienced in Virtual Reality (VR) or Augmented Reality (AR). And, with the emphasis on creating truly ‘smart’ connected products, the demand for Artificial Intelligence (AI)/Deep Learning/Machine Learning expertise is growing. This encompasses jobs in Natural Language Processing, Computer Vision, Cognitive Computing, and Predictive Analytics that are also becoming in high demand across almost every industry sector.
LIMITS ON H-1B VISAS
Meanwhile, the new U.S. administration’s policies on immigration and offshoring of jobs continue to pose unknown variables and challenges to tech employers. These policies were on center stage as tech industry executives battled against a temporary ban on immigration from certain countries. Though the ban is currently on hold after being struck down by the courts, tech employers still face the challenge of the new quotas to the H-1B Visa program. On April 7, it was announced that applications for the H-1B program had already reached the congressionally mandated threshold of 85,000 visas for the new fiscal year. The H-1B is a temporary visa intended to bring in foreign professionals with college degrees and specialized skills to fill jobs when qualified Americans cannot be found. More than any other industry, the tech sector depends on H-1B workers. Goldman Sachs has estimated there are 900,000 to 1 million H-1B visa holders who now reside in the United States and who account for up to 13 percent of American technology jobs.
BRIDGING THE TALENT GAP
Availability of key resources is one of the reasons trusted consumer brands consistently choose Arrayent as their IoT Cloud service. Arrayent has a veteran team with deep experience across the span of IoT technical disciplines, and has built its business around being a trusted and capable partner. By helping launch 70+ products from 17 brands across 5 continents, the Arrayent team has proven it can design, implement, manage, operate and maintain connected products for mass-market consumer brands. Arrayent has the talent and track record that customers can trust, leaving them to apply their precious tech talent to core product differentiation. If you’d like to learn more about how Arrayent has consistently helped companies bring their connected product from idea to on-the-shelf within six months, contact us here, or at email@example.com.
You can read all of our predictions for 2017 here. Be sure you are subscribed to our blog, newsletter and social media feeds as we expect to chronicle many future developments for consumer IoT technologies throughout 2017.