New local data shows strong ICT employment growth rate forecast for Victoria; Cyber Security sector ripe for future growth and development
Melbourne, 17 May 2016: The ACS – the professional association for Australia’s ICT sector – in partnership with Deloitte Access Economics, today launched new local data highlighting ICT skills development as an essential component of growth for new jobs in the State, particularly in the field of cyber security.
ICT employment between now and 2020 is forecast to grow by 2.7% each year in Victoria, continuing the strong ICT growth and demand the State has seen in the previous years. The forecasts are outlined in the ACS’ March report, Australia’s Digital Pulse, which also suggests Australia’s digital economy will grow to $139 billion or 7% of GDP by 2020, and features new data from LinkedIn highlighting a major skills shift is underway in our economy.
The ACS Victoria Branch also unveiled its Cyber Security Position Paper at the launch, ahead of the Federal Election on July 2. The Paper calls for additional government and industry investment to position Melbourne as the global hub of significant cyber security expertise – creating jobs, new businesses and value in the local and national economy.
Supporting this, the Digital Pulse report for 2016 shows the growing demand for cyber security professionals Australia has not yet realised. LinkedIn statistics included in the report used real-time data about labour market pressures and developments to highlight that cyber security is a big IT need for Australia’s workforce.
ACS Victoria Branch Chair, Craig Horne, said: “Given the importance of cyber security to businesses and organisations, it is vital that companies engaging cyber security professionals and companies can have confidence that their skills, services and products will be effective and relevant to the fast evolving cyber security threat.
“The wider ICT industry underpins innovation and competitiveness across Victoria’s economy and accounts for approximately 31 per cent of Australia’s ICT workforce. It’s important that ICT workers in our State have a skills mix that includes both technical and “soft” skills in order to fuel our economy. The strong demand for ICT professionals who have more generalist skills opens up huge opportunities for the wider workforce in the region,” he said.
ACS’ Australia’s Digital Pulse findings for Victoria show:
· Projected demand for ICT professionals is 2.7% annually, which is well above the national average of 2%. This indicates a strong position of Victoria and its capabilities in the digital economy.
· The largest growth area is projected to be ICT technical and professional (3.5% annually), followed by ICT sales (2.9% annually) and ICT management and operations (2.5% annually).
· By State, Victoria reported the highest number of ICT workers in a number of industries including manufacturing, transport, postal and warehousing, and education and training.
ACS’ Australia’s Digital Pulse national findings show:
· ICT workforce to grow 2% annually from 628,000 in 2015 to 695,000 in 2020
· Six out of the top 10 skills now sought after for ICT specialists are non-technical skills such as project management, sales and customer service skills.
· 2.5 million Australians in non-ICT roles have reported digital literacy skills are an increasingly important part in their job
· The report highlights strong growth in Australia’s digital economy to $139 billion by 2020, an increase of 75% since 2014
Australia’s Digital Pulse is a comprehensive analysis of the ICT sector and the digital economy. For more information visit: http://bit.ly/digitalpulse2016
The ACS and Deloitte Access Economics are hosting an evening event on 17 May 2016, at Pavilion, RACV Club, 501 Bourke Street, Melbourne. Media are invited to attend.
About the ACS
The ACS is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.