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The ICT sector

The ICT sector. Around 268,000 ICT professionals employed in Australia (that is, those employed in traditional ICT roles ) 2

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The ICT sector

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  1. The ICT sector • Around 268,000 ICT professionals employed in Australia (that is, those employed in traditional ICT roles) 2 • over 60% of those directly employed within the ICT industry, and the balance interacting with the ICT industry from their roles in business, government, and academia2. • Total ICT workers in Australia is 514,000 (and growing steadily)2 • This includes those employed as ICT professionals and those working with ICT • In Victoria: 103,300 ICT professionals employed1 • This accounted for 4.5% of the total Victorian workforce1 • This was also 27% of the share of ICT employment in Australia1 • Since 2005, ICT employment in Victoria has grown by 12%1

  2. The ICT sector cont. • Industry revenues of $84.3 billion2 • Companies in ICT Industry: 25,500 (and increasing)2 • The most likely outcomes based on continued and rapidly growing ICT skills shortages, would inevitably translate into reduced economic performance for all Australian industry sectors3

  3. In terms of the overall trend, the “dot-com” crash did not have an effect, despite the perception of the public and the media! ACS – ‘The ICT Industry Report, Jan.2008’

  4. Facts about ICT employment • ICT broad employment occurs in a number of groupings. These include: • the providers of ICT goods and services (usually called the ICT industry) • the purchasers and users of ICT goods and services including the government and private sectors who also employ a large number of specialists to help them apply their ICT purchases • the trainers, teachers and researchers into ICT who generally (but not always) operate within the universities and colleges • people who provide technical support to ICT, but who might, more properly, be categorised as electrical or electronics specialists • people working in call-centres, or in desk-top publishing and graphics design

  5. Facts about ICT employment • The largest ICT employer is currently the property and business services sector (40.6%) • This is followed by communication services, manufacturing, finance and insurance4 • The ICT sector is dominated by those working Full Time, with just 7.7% working part time • In comparison, 29% of the total workforce in Victoria is employed part time4

  6. How does the ICT sector compare to others? • ICT employment accounts for nearly 5.5% of total Full Time Equivalent (FTE) employment in Australia2 • More than many other Australian industry sectors, including Mining; Electricity, Gas and Water supply; Banking and Finance; and TV, Radio, Media2

  7. ICT is 8th in terms of contributions to the Australian economy, ahead of others that many perceive to be more productive, such as mining and agriculture!

  8. ICT employment demand trends These trend lines show the growth of the ICT sector in recent years, according to a number of recruitment agencies.

  9. In terms of job growth between 2001 and 2006, ICT was second only to ‘Total Mining’!

  10. Victoria is 3rd in terms of percentage of ICT workforce behind the ACT and NSW!

  11. Note that many of the areas of study from the VCE IT courses are targeted to the current demands in the ICT industry!

  12. Just Don’t Forget • Strong ICT employment growth needs competent and skilled people. • The continuance of a strong and vital industry depends on you. • Despite the media coverage of ICT jobs being outsourced to other countries, the ICT job market in Australia is strong and demand is high!

  13. Questions • What main areas can ICT employment be grouped into? • Do you think demand in the ICT industry will continue in the next 5 years? Why/ why not? • What areas of ICT have experienced the most demand in recent years? What skills are required to work in these areas?

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