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Top Talent Needs in 2024 & Beyond for Navigating the Digital Future

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Top Talent Needs for Digital Future

Talent Management: Tech Practitioners’ Evolving Demands

In the upcoming years, the tech industry anticipates significant evolution propelled by advanced AI tools and pioneering strategies in Talent Management Trends. Gartner’s recent survey reveals that 26% of CEOs acknowledge talent scarcity as their foremost growth opportunity. Consequently, talent attraction and retention have become the primary workforce agenda.

The allure of 2024 and the years beyond lies in the exciting opportunities and challenges that await. In response, businesses are actively seeking individuals with a distinctive skill set, marking the emergence of a new breed of professionals – Practitioners. These individuals possess a rare blend of business acumen and technological prowess, enabling them to construct and execute growth-oriented roadmaps. Their acute understanding of emerging technologies, market trends, and consumer behavior positions them as guiding forces for business success.

Essential skills for tomorrow’s Practitioners: Customer-centric problem-solving

At the heart of this transformation are the ‘solution-focused’ practitioners of tomorrow. These architects of innovation are finely attuned to customer pain points, shaping solutions from an end-user perspective, all while having an end-user solution-focused approach. They are the driving force behind the entire innovation process, from ideation and design to meticulous analysis, and rigorous testing, all aimed at fulfilling objectives and requirements. This shift in mindset is the key to their success as they climb the career ladder.

Looking ahead the future also holds a myriad of emerging technologies and skill sets that will drive success in 2024. 

Artificial Intelligence & Machine Learning

According to the US Bureau of Labour, the rise of Data Science will create roughly 11.5 million job openings by 2026. The need for Generative AI and Machine Learning Specialists is growing. These experts create algorithms for automation and smarter decision-making. Python is the top language, but Julia and Rust are gaining ground. Java, C++, Lisp are also widely used in AI applications that require robust performance and scalability. 

In-Demand Programming Languages

According to the 2023 Stack Overflow Developer Survey, the most sought-after programming languages are JavaScript, SQL, Java, Python, C#, C++, Kotlin, Swift, and Golang (Go). Glassdoor also ranks JavaScript, Python, Java, C#, and SQL high for future job prospects.

Swift: The Language for iOS and macOS

Swift is the go-to language for iOS and macOS app development. Kotlin works seamlessly with Java for Android apps. Julia is also important, especially for scientific and numerical computing.

Riding the Cloud: Flexibility and Security

Cloud computing offers lots of job opportunities as traditional servers move to more flexible cloud solutions. Knowing your way around cloud platforms like AWS, Azure, and GCP is vital. It’s also helpful to understand containerization tools like Docker and Kubernetes. With the increasing demand for cloud-native apps, Golang’s efficiency in resource management and scalability has become indispensable.

Cybersecurity

With digital transactions on the rise and hybrid work models thriving, the demand for experts who can fortify digital defences and manage cybersecurity risks are in high demand. Languages like Golang and Rust are gaining popularity due to their strong focus on security and efficiency. Skills in Docker DevOps are also needed. 

High-Performance Web Development

For fast web applications, consider languages like Crystal and Solidity. TypeScript is excellent for frontend development. Crystal combines Ruby’s simplicity with C’s speed.

Diverse skillsets in demand

There’s a wide range of in-demand roles, including Data Scientists, Blockchain Experts, Automation Engineers, Data Visualization Specialists, Software Developers, IoT Specialists, UX Designers, and Virtual & Augmented Reality Experts. Extended Reality (ER) is also growing, combining AR, VR, and MR for education, healthcare, and entertainment.

Unlocking success: The power of continuous learning

In a world where change is constant, the pursuit of knowledge and adaptability is paramount. The World Economic Forum forecasts that nearly half of us will require new skills by 2025 to stay relevant. Critical thinking, adaptability, and active learning now form the bedrock of achievement. The adage “you are only as good as yesterday” resonates more than ever. At Altimetrik, we understand the urgency of continuous learning, having established dedicated upskilling platforms in partnership with online leaders like Udemy, providing many growth opportunities.

Key-take aways

We recommend organizations undergo three shifts: from focusing on roles to emphasizing building digital skills; from valuing only prior experience to appreciating future learning and development potential; and from restrictive working models to flexible ways of working.

Whether you’re a programmer, a data scientist, a cybersecurity expert, or a UX designer, the key is to understand how your role fits into the bigger picture. Embrace continuous learning, adaptability, and a holistic view of the digital ecosystem. The digital future is here, and it’s full of opportunities.

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Vinod Erapalli

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Michael Woodall

Chief Growth Officer of Financial Services

Michael Woodall, as the Chief Growth Officer of Financial Services at Altimetrik, spearheads the identification of new growth avenues and revenue streams within the financial services sector. With a robust background and extensive expertise, Michael brings invaluable insights to his role.

Previously, Michael served as the Chief of Operations and President of the Trust Company at Putnam Investments, where he orchestrated strategic developments and continuous operational enhancements. Leveraging strategic partnerships and data analytics, he revolutionized capabilities across investments, retail and institutional distribution, and client services. Under his leadership, Putnam received numerous accolades, including the DALBAR Mutual Fund Service Award for over 30 consecutive years.

Michael’s dedication to industry evolution is evident through his involvement with prestigious organizations such as the DTCC Senior Wealth Advisory Board, ICI Operations Committee, and NICSA, where he served as Chairman and now holds the position of Director Emeritus. Widely recognized as an industry luminary, Michael frequently shares his expertise with various divisions of the SEC, solidifying his reputation as a seasoned presenter.

At Altimetrik, Michael plays a pivotal role in driving expansion within financial services, leveraging his expertise and Altimetrik’s Digital Business Methodology to ensure clients navigate their digital journey seamlessly, achieving tangible outcomes and exponential growth.

Beyond his corporate roles, Michael serves as Chair of the Boston Water & Sewer Commission, appointed by the Mayor of Boston, and is actively involved in various philanthropic endeavors, including serving on the board of the nonprofit Inspire Arts & Music.

Michael holds a distinguished business degree from Northeastern University, graduating with distinction as a member of the Sigma Epsilon Rho Honor Society.

Anguraj Kumar Arumugam

Chief Digital Business Officer for the U.S. West region

Anguraj is an accomplished business executive with an extensive leadership experience in the services industry and strong background across digital transformation, engineering services, data and analytics, cloud and consulting.

Prior to joining Altimetrik, Anguraj has served in various positions and roles at Globant, GlobalLogic, Wipro and TechMahindra. Over his 25 years career, he has led many strategic and large-scale digital engineering and transformation programs for some of world’s best-known brands. His clients represent a range of industry sectors including Automotive, Technology and Software Platforms. Anguraj has built and guided all-star teams throughout his tenure, bringing together the best of the techno-functional capabilities to address critical client challenges and deliver value.

Anguraj holds a bachelor’s degree in mechanical engineering from Anna University and a master’s degree in software systems from Birla Institute of Technology, Pilani.

In his spare time, he enjoys long walks, hiking, gardening, and listening to music.

Vikas Krishan

Chief Digital Business Officer and Head of the EMEA region

Vikas (Vik) Krishan serves as the Chief Digital Business Officer and Head of the EMEA region for Altimetrik. He is responsible for leading and growing the company’s presence across new and existing client relationships within the region.

Vik is a seasoned executive and brings over 25 years of global experience in Financial Services, Digital, Management Consulting, Pre- and Post-deal services and large/ strategic transformational programmes, gained in a variety of senior global leadership roles at firms such as Globant, HCL, Wipro, Logica and EDS and started his career within Investment Banking. He has developed significant cross industry experience across a wide variety of verticals, with a particular focus on working with and advising the C-Suite of Financial Institutions, Private Equity firms and FinTech’s on strategy and growth, operational excellence, performance improvement and digital adoption.

He has served as the engagement lead on multiple global transactions to enable the orchestration of business, technology, and operational change to drive growth and client retention.

Vik, who is based in London, serves as a trustee for the Burma Star Memorial Fund, is a keen photographer and an avid sportsman.

Megan Farrell Herrmanns

Chief Digital Officer, US Central

Megan is a senior business executive with a passion for empowering customers to reach their highest potential. She has depth and breadth of experience working across large enterprise and commercial customers, and across technical and industry domains. With a track record of driving measurable results, she develops trusted relationships with client executives to drive organizational growth, unlock business value, and internalize the use of digital business as a differentiator.

At Altimetrik, Megan is responsible for expanding client relationships and developing new business opportunities in the US Central region. Her focus is on digital business and utilizing her experience to create high growth opportunities for clients. Moreover, she leads the company’s efforts in cultivating and enhancing our partnership with Salesforce, strategically positioning our business to capitalize on new business opportunities.

Prior to Altimetrik, Megan spent 10 years leading Customer Success at Salesforce, helping customers maximize the value of their investments across their technology stack. Prior to Salesforce, Megan spent over 15 years with Accenture, leading large transformational projects for enterprise customers.

Megan earned a Bachelor of Science in Mechanical Engineering from Marquette University. Beyond work, Megan enjoys playing sand volleyball, traveling, watching her kids soccer games, and is actively involved in a philanthropy (Advisory Council for Cradles to Crayons).

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Real-World Evidence (RWE) Integration: Supplement trial data with real-world insights for drug effectiveness and safety.Supplement trial data with real-world insights for drug effectiveness and safety.
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Patient-Centric Trials: Design trials with patient needs in mind for better recruitment and retention.Develop patient-centric mobile apps and web portals that provide trial information, virtual support groups, and patient-reported outcome tracking to enhance patient engagement, recruitment, and retention
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R&D Investments: Improve the drug or expand indicationsUtilize computational modelling and simulation techniques to accelerate drug discovery and optimize drug development processes