The global technology industry experienced a 6% drop in new job postings related to cloud in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 35% increase versus Q2 2023. GlobalData’s Technology: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the technology industry, facilitating anticipation of future workforce needs. Buy the report here.
Smarter leaders trust GlobalData
Notably, Computer and Mathematical Occupations jobs accounted for a 41% share of the global technology industry’s cloud-related total new job postings in Q2 2024, down 16% over the prior quarter.
Computer and Mathematical Occupations drive cloud-related hiring activity
Computer and Mathematical Occupations, with a share of 41%, emerged as the top cloud-related job roles within the technology industry in Q2 2024, with new job postings drop by 16% quarter-on-quarter. Management Occupations came in second with a share of 16% in Q2 2024, with new job postings dropping by 16% over the previous quarter.
The other prominent cloud roles include Sales and Related Occupations with a 6% share in Q2 2024, Business and Financial Operations Occupations with a 5% share of new job postings.
Top five companies in technology industry accounted for 25% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Accenture, Amazon Web Services, Microsoft, Oracle, and NTT DATA Group. Together they accounted for a combined share of 25% of all cloud-related new jobs in the technology industry.
Accenture posted 15,141 cloud-related new jobs in Q2 2024, Amazon Web Services 6,654 jobs, Microsoft 6,642 jobs, Oracle 6,422 jobs, and NTT DATA Group 2,828 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 38.25% share of total new job postings, Q2 2024
The largest share of cloud-related new job postings in the technology industry in Q2 2024 was in the US with 38.25% followed by India (26.27%) and the UK (3.35%). The share represented by the US was one percentage point lower than the 38.83% share it accounted for in Q1 2024.
For further understanding of GlobalData's Technology: Hiring Trends & Signals Q2 2024, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
