Software Development Sector Growth
Added on 2020-03-13
11 Pages2735 Words168 Views
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Literature Review:ANINSIGHTINTOTHE IT INDUSTRYIN AUSTRALIA, GROWTH, ISSUES, ANDCHALLENGES1 | Page
Executive summary:IT industry is slowly developing in Australia. The country’s main economy is controlled byindustries like mining and services. IT is slowly gaining importance as people are studyingsoftware development courses. Several companies have also opened offices. However, unlikeJapan, China and India, Australia rarely gets projects from companies like IBM, Cognizant, andOracle etc. Even when these companies outsource projects they usually share the specialisedneed for people with specialised skill. Hence professionals rarely get absorbed in the domain.Another problem with IT sector in Australia lies in refusing to accept people from other domainssuch as an IT professional who has worked in a bank domain is identified as unsuitable in adifferent domain. Hence such reservations have impacted on overall IT growth and sustenanceand a record number of decreases in IT professionals could be noticed from 2008 to 2014. Mostpeople avoid joining the field. Hence evaluation below identifies if and when IT profession couldimprove and how new approaches like app development; change in professional attitude couldfinally help in gaining business and improve economic condition. The report below studiesvarious facets of the IT profession in a significant way.2 | Page
Table of ContentsExecutive summary:........................................................................................................................2Introduction:....................................................................................................................................4Main Body....................................................................................................................................4Challenges faced by the IT sector:...........................................................................................6Future of IT in Australia:..........................................................................................................7Summary..........................................................................................................................................8References......................................................................................................................................103 | Page
Introduction:Australian IT market is developing slowly. It is a huge country with low population strength;hence skill shortage in any domain is common. Unlike countries like US, Japan and even Indiawho are known for offering IT support both from outsourced operational services or fromheadquarters, Australia’s software sector is relatively new and slowly upgrading. In this literaturereview on IT industry in Australia, the researcher conducts an empirical study by collectingsecondary data from several sources, such as previously published books, journals, researcharticles on the respective topic (Bernstein and Yuhas, 2002). After studying from these scholarlysources a critical understanding of the scenario has been presented below that explores variousfacets of IT industry in Australia, such as the growth, associated issues and challenges faced bythe software sector.Main BodyThe Australian IT sector is generally not compared with leading software development countrieslike US, Japan, Phillippines and India. After conducting a thorough research on the marketcondition of Australia it is evident that Australia is a big country with a very small populationand hence there lies strong competition for IT jobs. Several people have migrated in the hope ofearning money and enjoy better living conditions. As far as IT domain is concerned, an applicantis expected to possess domain expertise and thorough knowledge (Crawford et al. 2013). IT is aspecific sector that needs specific skill and knowledge. From the collated information on ITdomain, according to the reports published by the Government in Australian Industry Report2016, large companies generally outsource the main software development work. Sincecompany’s demands skilled staff with domain based knowledge, for example, banking industrydemands IT specialists with banking knowledge and experience. Thus even if an individual hasten years of experience in handling software development in Project Management, the person isgenerally identified as unsuitable in the banking industry (OECD KISA project, 2010).As far as the growth and issues of the Australian IT industry is concerned, it is evident from thereport published by Spencer (2017), that the IT sector of Australia will experience huge skillshortage in another five years. The researcher has conducted a survey and collected data from4 | Page
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