EASYUNI Ultimate University Guide 2013 July Issue | Page 79

Interview Industry Information Technology Muhammad Imran Kunalan Abdullah Director - Talent Multimedia Development Corporation Sdn Bhd (MDeC) IT jobs are said to be among the most sought after as market research shows that this sector is going to grow manifold in the future and are going to see a surge in demand. However optimistic the situation is, when the economy slows down, IT workers are among the ?rst to be laid off. What’s your view on this? The diffusion of information and communication technologies (ICTs) across all economic sectors is placing new demands on workers’ skills. The changing skill set is both expanding employment opportunities and imposing new demands on every level of employees. In today’s job market, basic ICT skills are considered essential for people entering the workforce and for those trying to ?nd a better job. The present labour market indicators shows that ICT skilled workforce form a strategic asset that spurs economic growth, promotes competitiveness, and improves business productivity. The effective use of ICT for businesses and industrial processes and on the knowledge, competencies, and skills of current and fresh hires have direct impact on a country’s economic achievement and Malaysia is no exception. ICT skills are not only required for jobs in the information technology (IT) sector but the demand for them cuts across sectors and job types. ICT skills are increasingly important in sectors beyond the ICT industry such as agriculture, construction, education, and service industries. The contribution of ICT jobs in our labour market is prevalent and its contribution for GDP is signi?cant. The information and communications technology (ICT) sector has led the way to a tentative recovery for the global economy, in the process accelerating the world’s transition to a digital economy and society. ICT posted a strong showing in 2011 with a growth rate of 8.7% in global spending to emerge as one of the fastest-growing sectors coming out of the Global Financial Crisis of 2009. This expansion is expected to carry forward over the next four years with a Compound Annual Growth Rate (CAGR) exceeding 6.0%. (World Information Technology and Services Alliance - WITSA’s Digital Planet 2010). This alleviates the myth that during economic crisis, ICT jobs are the ?rst to be cut and so forth. ICT jobs are able to weather the economic crisis. It is common for industries to pursue effectiveness in operations during economic uncertainties and this is primarily done through investment in technologies which is ICT-driven. Hence, the job for ICT professionals are either not impacted at all or even becoming more signi?cant and lead to growth in this scenario. What are the career options and salary trends for the IT sector? ICT jobs and roles are not unique to the ICT industry alone. Usage of ICT is pervasive across all sectors of the economy. Statistics produced by the National Statistics Department indicates that there are more than 500,000 ICT professionals in the Malaysian labour market. Is this suf?cient? De?nitely a no, with the pace our economy is growing! Thanks to the forward-looking strategy of our government, by implementing and following through the economic transformation agenda. The economic transformation activities alone are expected to create a record 3.3 million new jobs by 2020. If one zooms into the various projects related to the economic transformation programmes, it has a signi?cant number of activities, which are directly ICT-centric, or ICT-enabled. We envisage a large number of new ICT-centric jobs created as part of the 3.3 millions jobs. The country rolled out the National ICT Initiatives under the ambit of Multimedia Super Corridor (MSC) through the formation of MDeC. There are more than 3,000 MSC-status companies focusing on information technology activities, creative multimedia and ICT-enabled services known as Shared Services and Outsourcing (SSO). These companies alone have created more than 120,000 jobs in the last 13 years and they are expected to expand further. These companies forecasted a compounded average employment demand growth of 26% in the next couple of years. New investment in the MSC spurred by the positive economic and business environment of the country as a whole EASYUNI Guide 2013 77