Welcome!

Machine Learning Authors: Pat Romanski, Yeshim Deniz, Elizabeth White, Liz McMillan, Zakia Bouachraoui

News Feed Item

25% of Global Talent Will Become Redundant in 3-5 Years: Zinnov Talent Outlook 2013

SANTA CLARA, California, February 13, 2013 /PRNewswire/ --

Silicon Valley to remain innovation hub; Tier 2 cities in US to gain traction

Zinnov, a leading Market Expansion and Globalization Advisory firm, today released "Talent Outlook 2013", a report that highlights a paradigm shift in HR trends this year. The survey revealed that 2013 will be a year of skill and talent reconciliation, even as new skill sets are brought to focus and HR is challenged to implement strategic planning within the organization.  Zinnov is hosting a thought leadership summit "Confluence 2013" to deliberate and brainstorm on the findings of the study.

     (Logo: http://photos.prnewswire.com/prnh/20130213/594614 )

Key Findings

  • Organizations believe 25% of their current talent will become redundant in the next 3-5 years, while specialized skill sets in User Experience and Mobility see rising demand
  • Hiring for Innovation will primarily be in the United States
  • Tier II locations in the United States will be a key focus area for organizations looking to expand, while India and China will witness marginal growth

The Silicon Valley continues to be an innovation hub, with 80% of respondents to the Zinnov survey indicating that their organizations' headcount will increase the highest in this region. Respondents also revealed that 36% of their innovation, on average, would be driven in the Valley, with other US cities such as Seattle, Maryland, Dallas and Boston accounting for 18%. India ranked third as potential innovation region, with organizations revealing that 15% of innovation is expected out of the country, followed by EMEA at 10%.

Commenting on the study, Vamsee Tirukkala, Managing Principal, Zinnov, said, "Data scientists and user experience designers will witness very high demand, while mobile application developers and cloud computing experts will witness moderate to high demand. Significantly, all these skills were non-existent a decade ago. Organizations are also expected to increase their focus on soft skill development across levels and functions."

The released study brought to light that organizations are seeking talent with skills in the areas of Engineering (50% of respondents indicated that it would be among the top 3 skills of the future), followed by Analytics skills (40%) such as Big Data, Predictive Modelling, HR Analytics, and Mobility (32%).

The biggest talent challenges that organizations face are in the areas of niche hiring and skill set assessment, with 50% of respondents suggesting that these would be key focus areas for HR in 2013. While dedicated statistical teams within HR departments can reduce challenges around skill set assessment, large volume data analysis and workforce planning, over half the organizations do not have such resources and just 20% are focused on it for 2013.

Zinnov is hosting a thought leadership summit "Confluence 2013" to deliberate and brainstorm on the findings of the study. There are over 30 eminent speakers sharing their thoughts in the summit with over 400+ delegates attending the event from the industry. Topics for the summit include global innovation, building charters & COE, future of global R&D, next wave of technology hubs & building global talent in today's dynamic technology environment.

About The Survey

For "Talent Outlook 2013", Zinnov surveyed individuals in various HR functions across 40 global organizations, with 83% employing over 1,000 technology professionals. Organizations from across locations were profiled, including those headquartered in the United States, followed by the United Kingdom, France, Ireland, Japan and Singapore. 89% of respondents were focused on technology domains such as semiconductor, software, telecom & networking, storage and internet.

About Zinnov LLC

Founded in 2002, Zinnov - meaning Zeal in Innovation - is a leading Globalization and Market Expansion Advisory firm, with specialization in areas like Global Sourcing, Emerging Markets Expansion, Human Capital Optimization, Small & Medium Businesses, Innovation, Cloud Computing and Enterprise Mobility. Zinnov provides advice to global leaders in business and technology and works collectively with them to tackle prevailing organizational challenges by analyzing changing dynamics, improving performance, and building institutional capability. The services delivered to its clients through advanced reasoning and analytical techniques provides solutions that help in integrating organizational vision, business definition and processes.

For more information, please contact:

Kailash Pandiyan
Senior Lead - Marketing, Zinnov LLC.
Email: [email protected]
Phone: +1-281-362-2773

SOURCE Zinnov

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
"NetApp's vision is how we help organizations manage data - delivering the right data in the right place, in the right time, to the people who need it, and doing it agnostic to what the platform is," explained Josh Atwell, Developer Advocate for NetApp, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regulatory scrutiny and increasing consumer lack of trust in technology in general.
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogger and is a frequent speaker on the use of Big Data and data science to power the organization's key business initiatives. He is a University of San Francisco School of Management (SOM) Executive Fellow where he teaches the "Big Data MBA" course. Bill was ranked as #15 Big Data Influencer by Onalytica. Bill has over three decades of experience in data warehousing, BI and analytics. He authored E...
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed how this same philosophy can be applied to highly scaled applications, and can dramatically increase your resilience to failure.