IT Talent Crunch Shifts Tech Investment Strategies

For businesses across nearly every vertical, acquiring IT talent has never been harder, and IT execs are looking more closely at tech investment to lure and retain those employees.

Most senior IT leaders in a recent Mulesoft survey admitted the difficulty of hiring qualified IT professionals influences their organization's technology investment choices.

Based on a global survey of 1,000 of those IT executives, the report indicates the focus has shifted to creating people- and experience-centric capabilities. IT and business leaders are re-examining their tech stack during the economic slowdown to prioritize solutions that deliver maximum value to employees, not complexity and burnout.

Matt McLarty, MuleSoft's CTO and vice president of the digital transformation office, explains that technology investment and enablement are how senior IT leaders can begin to create a people-centric organization for their employees to acquire and retain IT talent. 

“Employee experience starts with giving people the right tools to do their jobs,” he says, noting 98% of respondents said attracting talent is factored into their technology choices. “If those investments are only empowering developers, organizations are leaving behind tons of untapped potential and resources,” McLarty says. “The key is to empower more people in an organization -- not just developers -- to become builders of digital solutions.”

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At the same time, new technologies need to play nicely with existing ones, or else they risk getting in the way of overall business agility. That means senior IT leaders need to invest in technologies like low- and no-code that increase productivity of the organization overall.

However, they must make sure those new tools can be integrated with the mission-critical systems in IT.

Low-Code/No-Code Solutions Gain Traction

The survey found more than a third (36%) of organizations are turning to low- and no-code tools in the next 12 months.

McLarty says empowering both technical and non-technical workers with low- and no-code tools is the key to ensuring the organization spreads the wealth of work while also fueling efficient growth.

You can find the full story on our sister site Information Week.