Technology aids to business outcome and this led to an increase in skilled resources

Shweta Srivastava
CTO, Paul Merchants Finance

The shortage of technology talent is not just restricted to our country, it is a global issue today. As per the industry experts, this technology talent crunch is going to continue for atleast a decade from now.

The reason why is this crisis today links to the fact that every company across the globe including the government bodies have realized the importance of technology. It is established that technology today is not an expense to the overall business but is an aid to the overall outcome. This led to exponential increase in demand against a limited supply of skilled technology resources. As CIOs, all of us are struggling between amplified business expectations and delivery in light of this highly critical situation.

At Paul Merchants, as we are not a core IT firm, our reliance is on technology partners who support us with relevant technology and tools. Their crisis does impact our deliveries. As partners, we work closely to overcome this challenge. We help them in their hiring process. Mentoring the tech resources, giving them enough opportunities and roadmap which aligns with their career path. We invest in them and they in turn support us to achieve our intended business goals.