Foote says many organizations thought they could realize the power of big data by hiring the right people but, in fact, the current culture in organizations is the biggest stumbling block to success.
Based on some unpublished 4th quarter data, Foote offers some insight on the growth of big data in 2015. In Q3, Foote says he suspects that companies were reorganizing their big data efforts but now things seem to be heading in the right direction again. "Big data skills did hit a bump but they are back on our forecast list based on 4Q data and the recent interviews in the field, "says Foote.
Organizations Continue to Invest in Human Capital Management
According to Foote Partners data, investment in human capital will increase as the IT hiring market becomes more competitive. "HR tech is a big area for a lot of companies. Companies are starting to realize how complex it is to manage, people, their pay, their bonuses and skills pay premiums. The technology that's been in place for many years is old. Workday and Success Factors are some of the big solutions. If you're an IT person that wouldn't be a bad place to specialize in," says Foote.
Workday, a human capital management program, made it to the list of noncertified skills earning the most, highlighting the market demand for human capital management.
Cloud Skills Gap Closing
According to Foote Partners data, while cloud technology demand continues to be strong, the supply of cloud skills and jobs are catching up to demand, which is a good thing. "Employer have responded to cloud skills gaps with training and development to produce the skill levels they need. It took too long to accomplish this but now it's getting on track," says Foote.
Cloud certifications market pay is up 2 percent in the 4th quarter of 2014 and up 1.1 percent over the year as whole. Noncertified cloud skills are up 1.0 percent for the entire year but down 4.7 percent in market value in the last six months of 2014.
Demand for Security and Cybersecurity Skills and Jobs Will Continue
"2015 will be a year when discretionary spending (everything not compliance spending) in infosec will start to reflect the fact that all these high profile hacks have finally pushing BODs and senior business execs to take the threats more seriously and admit that they have not been staffing infosec adequately," says Foote.
He also points out that there are 55 infosec certifications that are up 3.7 percent in market value for the entire year of 2014. This an is interesting trend, according to Foote who says, "[There is] strong growth in market value for a low-end beginner certification, which would indicate more interest in people entering the infosec career space as a job strategy," says Foote.
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