Every industry is facing the same problem: labor shortages. According to McKinsey, more than 19,000,000 U.S. workers have been forced to leave their jobs by the pandemic since April 2024 in what is being called the “Great Attrition.” This has left many businesses struggling to retain staff and recruit new talent.
This has been a particularly difficult time for the tech industry, which is currently facing this problem. The intensive training required for new tech developers and engineers means that labor costs rise as workers demand more.
The critical skills gap in tech is growing, which means that the need for tech talent is more pressing than ever. According to Gartner, Inc. surveys, the biggest barrier to adopting new tech and modernizing to remain competitive in today’s digital landscape is the lack of talent.
This problem is unlikely to go away anytime soon. CIOs and other IT leaders predict that organizations will be plagued by a tech talent shortage in 2024. Companies must think outside the box and implement solutions to address this threat to innovation.
Technology that is low-code helps bridge the gap.
Technology can be a great tool to help you retain and recruit. Companies can use Low-code technology to close the talent gap or support IT staff. Low-code technology allows users to quickly and efficiently develop software.
Low-code technology can help companies increase their ability to produce high-quality digital services across the company at a faster pace. Automating repetitive and tedious tasks can make it possible to complete complex projects in months. Built-in security standards also help avoid common mistakes when writing code manually.
There is a solution for the tech talent shortage.
Low-code technology is a viable option for companies that need to access digital talent. Companies should begin by evaluating low-code tech partners to start this process. Next, configure low-code applications to work with their application programming interfaces. This will enable the technology architecture to connect to legacy systems.
Companies can expect to see positive outcomes, such as a more efficient workforce. In-house developers can now focus on the application strategy with the support of low-code vendors. Specialist vendors will handle the “carpentry,” which creates low-code digital solutions.
Forrester predicts that future-fit companies will adopt low-code/no-code technology more often to decrease their need for advanced technical skills. Low-code technology partners are a great way to fill the tech talent gap and ensure that companies remain competitive in their key markets and industry.
Waiting for the labor mismatch in their workforce to resolve itself could be costly. This can lead to hampered innovation and weak talent propositions, eventually making it unsustainable. The time to harness emerging technology in today’s digitally changing economy is now.
