Hong Kong CIOs express cautious optimism about the technology job market

A Snapshot of CIO Perspectives in 2016

There is cautious optimism among CIOs (Chief Information Officers) in Hong Kong with 18% predicting the technology job market will improve in the coming year and 70% stating it will remain steady, according to the recent Michael Page 2015 Greater China CIO Viewpoint report. Counterparts in mainland China were more optimistic, with 55% of them expecting the job market will improve.

Findings from the report indicated that an overwhelming 70% of Hong Kong IT professionals believe the technology sector will remain steady in the next 12 months. As for the whole Greater China region, positivity is reflected in the fact that 46% of CIOs expect the sector to improve, and more than half (53%) expects to increase headcount in the next year.

“When it comes to increasing headcount, we are seeing clear variations across the markets,” says Anthony Thompson, Regional Managing Director, Michael Page Greater China. “In Mainland China, there is growing demand for data analysts and in Taiwan, talent with both technical skills and business sensitivity are the focus of attention. Meanwhile, in Hong Kong, developers and specialists in cyber security are highly sought after, particularly within the banking and retail sectors, where revenue and expansion depend on online businesses.”

For business improvement projects being undertaken in 2015, CIOs in Hong Kong has been primarily concentrating on improving processes such as sales operations, IT strategy and sales tools. Moving forward in 2016, mobility will be the top area for new technology spending for both CIOs in Hong Kong and mainland China, showing a shift towards a customer service-based focus. In these markets, respondents will prioritise being adopters of mobility in their operations, indicating prominent investments in the drive for heightened agility. In Taiwan, the focus will be on cloud services.

In terms of technology budgets, almost half (49%) of technology professionals in Greater China stated that their budgets have increased in the past year, with 42% saying their budgets are unchanged. Business opportunity initiatives, customer experience, innovation and analytics are the top areas where CIOs in Hong Kong park their budget.

The Michael Page 2015 Greater China CIO Viewpoint report is based on the qualitative survey findings of 116 Chief Information Officers (CIOs) working across a range of industry sectors in Mainland China, Taiwan and Hong Kong. The report can be viewed in full here.


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