90% of Indian CEOs Expect to Hire Similar Numbers of Talents for 2021 Openings: Survey. According to the Nasscom Tech CEO Survey 2022, which gathered responses from C-suite executives from large, medium, and small sized IT companies, international functionality centres (GCCs), and startups, 90 percent of Indian tech chief executive officers (CEOs) expect to hire a similar number of skills, if not more, than in 2021.
According to the poll, digital knowledge is more likely to account for up to 50% of recent recruits. In 2022, 60 percent of CEOs expect at least half of their employees to return to work.
One of the important human resource strategies this year will be the adoption of a ‘people-first, employee-centric’ strategy in the face of a skills shortage. Digital transformation and the exploration of new revenue streams might potentially be important strategic emphasis areas. According to the poll, the most crucial differentiators for success are innovation and partnerships/alliances with startups, universities, and customers.
When it comes to the future, 70% of Indian IT companies expect the industry to grow at a rate similar to the 2021 forecasts. In 2022, 75 percent of CEOs expect a healthy increase in the average transaction pipeline (over 10%), while 57 percent expect to increase R&D spending by more than 10% this year compared to 2021.
As hybrid/distant work models and home-schooling become more common, cloud continues to be the top IT priority for CEOs. Applied sciences like as big data analytics and artificial intelligence/machine learning/pure language processing use this to help with value mitigation and customer service. As cyber dangers multiply by 3x post-pandemic, cybersecurity is sustaining its place as one of many foremost tech priorities
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