|By Cameron McCallum,
Regional Vice President at Eagle
Much has been made of the continuing recession in Alberta and the fact that we may finally have hit rock bottom means things can only get better from this point on. An interesting statistic takes a look at the sales of new vs. used cars and found that the sales of new vehicles fell 18% during the period between 2014 and 2016, while the sale of used vehicles rose 10%. This same trend was noted during the recession of 2008 to 2009. During that recession new vehicle sales fell 27%, a huge decline and an indicator that things were bad.
So what’s happening now? According to recent stats, as Alberta’s economy gradually gains traction, new vehicle sales are rising once again. They rose 11% in 2017 and signs point to that trend continuing.
Much like the trend in new car sales, the market for Information Technology professionals declined during the recession. The Edmonton market was not as heavily impacted as the Calgary market during this time however, there was a definite decrease as companies and organizations took a cold, hard look at their spending. Edmonton is supported by its large Public Sector and while much of the private sector was hunkering down and keeping the lights on, government at the municipal and provincial level didn’t have that luxury, as taxpayers were clamored for increased and improved services. Additionally, the newly elected government in 2015 brought in a large number of policy initiatives and changes and the result was the reorganization and/or implementation of new systems and processes, which created a consistent level of activity. Things felt a bit slower, but there still seemed to be a demand. If you were an experienced architect, project manager, business analyst or .Net developer, there was little shortage of requirements and opportunities.
What we’re seeing today is different. Those roles continue to be in demand, but we’re seeing (and hearing of) major projects either in the planning stage or already on the docket and ready to go. Clients in traditional sectors seem to have greater confidence and are moving projects from planning to implementation. And new companies and partnerships are springing up in response to new opportunities and legislation, such as the legalization of Cannabis. This is driving innovation and opportunities in technology, especially around data, security, mobile apps and the cloud.
So what roles are clients looking for? As mentioned earlier, project managers, business analysts, and developers continue to be in demand. But we’re definitely seeing the introduction of roles pointing towards the changes taking place in the market.
You may begin to find your skills are in high demand, if you possess the following expertise:
- Data Scientists
- Cloud Specialists, specifically “integration” architects
- ITSM/Workflow Consultants (Service Now)
- QA Specialists