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Technology Jobs Are Back!

 

The Information Technology world has found new life. The last time that technology jobs were this abundant was back in the late 90s and early 2000, before the dotcom bubble burst. In the late 90s, startups were all the rage. You really didn’t even have to have a great business plan in order to get funding. There were investors lining up behind every door waiting to throw seed money at any half-baked idea. Some of those business startup ideas have gone on to become great successes, but the majority of them have fallen by the wayside.

 

Fast forward 10+ years later and the IT market is experiencing new life and the demand for strong technology professionals is high. In the late 90s, it is reported that $50 billion was invested in startups. The current investment this time around is projected at a mere 10% of that number. That being said, $5 billion dollars is still a lot of money. The primary difference this time around is that venture capitalists are much pickier about where they put their money.

 

The positive aspect of investors being tighter with their money means that only the best business startup ideas are going to get investment capital. This means that new technology startups have to really understand their business sector and be able to sell the positive attributes of their technology startup. The companies have to show a strong advantage to their business model. So despite the risk involved in working for a startup, the odds of success are higher than they have ever been. The bad news is that there will be some great ideas that go unfunded.

 

This new money being invested in startups has definitely helped to inject more life into the number of technology jobs available in the marketplace. While startups are definitely getting a boost of capital and many are making headlines, the jump in jobs in all sectors of technology has made caused an increase in demand for technology people. The Cloud and Big Data are all the rage. The boost in demand for technology candidates is not solely the result of technology startups. Established companies are constantly reinvesting in new technology. The beautiful thing about technology is that it is always in a constant cycle of expansion. Technology does not stand still. It is constantly being upgraded and improved upon.

 

 

Posted by admin on July 16, 2015 Tags: Technology jobs, IT jobs, Startup jobs, Big Data jobs, Cloud, Technology startups Permalink | Comments (0) | Last updated on July 16, 2015