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Top IT skills that can get you a better job

With the job markets opening up, it is time for all the aspiring techies to be equipped with the right skills that can land them in a job now. Recently, several reports have indicated that the job market is booming again after the slump due to the economic slowdown. Based on inputs from some industry watchers, Silicon India has come out with the list of the Top IT Skills currently in demand.

SAP
The surging demand in the ERP market is expected to increase the adoption of SAP in organizations around the globe. “The demand for SAP market is currently booming and with many companies adopting ERP these days, SAP continues to dominate this space,” says Harry CD, Executive Director-Operations at 3G Labs India. Currently, SAP and Oracle are the two major ERP players, however the former is having an advantage over the latter when it comes to the demand in the market. The reason behind this dominance of SAP in the ERP market is because of the customer satisfaction, according a study conducted by Panorama Consulting Group. Analysts have also predicted that SAP’s Business ByDesign offering will do well this year, which will drive the demand for more SAP professionals.

Some of the applications developed by SAP that are seeing major demand are:

SAP Web Dynpro: It is a proprietary web application user interface technology developed by SAP. The increasing number of web applications around the globe needs professionals having this skill.

SAP Plant Maintenance: It deals with the preventive maintenance of manufacturing equipment that accompanies a streamlined production process. SAP PM also monitors downtime of equipment, workforce production hour as well as the time, materials and labor necessary for such maintenance.

SAP Advanced Planner and Optimizer: With the boom in the retail segment this is one tool that is bound to see growth in the coming days. Advanced Planner and Optimizer is designed to help a company improve production planning, pricing, scheduling, and product shipping. It works by getting real-time updates from retailers about customer demand.

SAP Governance, Risk management and Compliance: Today, every organization must chart its own course to embrace governance, risk management and compliance framework, weighing critical business requirements with organizational maturity and top-level commitment. Companies may choose to start by identifying one or two high-priority risk areas and initiate a business-specific or initiative-driven deployment of the applications.

Java
Today, Java is being used in more than 4.5 billion devices around the world and the usage is expected to rise further because of the growth in the number of mobile phones, personal computers and smart cards. Java applets help to have an improved functionality while browsing the internet also making it more attractive. “Java is in demand because there are more companies developing user interface and web applications for their clients. The rise in popularity of software as a service (SAAS) model is also giving the edge to Java professionals,” says Rishi Das, Co-founder and CEO of CareerNet Consulting.

C++
Many believe that the demand for C++ has always been there and there are not many signs that show the fall of this computer language in the near future. Satish Kumar, a HR executive with an IT firm believes that the demand for programmers like C++ remains constant because these are used in segments such as automobile, healthcare and communication systems, which are always in the growth trajectory.

PHP
PHP, which facilitates the production of dymanic web pages, was created by Rasmus Lerdorf in 1995 and its growth has been phenomenal. Last year, PHP was estimated to have been installed on more than 20 million websites and over one million web servers, the number would have multiplied today considering the current surge in the online world. Today, there are several companies that are getting into this space that is driving the demand for professionals with knowledge about PHP.

Top IT Skills

IT Infrastructure Management
With more companies identifying the importance of infrastructure management services, there is a great demand for people who are specialized in this space, says Reuben Prem, an IT Recruiter in Bangalore. According to research firm IDC, currently investments in infrastructure management have the largest single impact on an organization’s revenue. Today, some of the top IT firms have also entered into this segment by identifying the opportunities that are available. Recently, TCS signed a five year contract with Malaysia Airlines for managing the airline’s datacentres, IT networks and IT security.

Oracle
Though there seems to be more demand for SAP professionals compared to Oracle, the demand for professionals in the overall ERP software market is on the rise. Forrester Research predicts that ERP software revenue from new licenses would have fallen 24 percent in 2009. However, 2010 looks good for ERP for several reasons such as the growth in open-source market and players like Microsoft broadening its ERP offerings. Anuj Agrawal, Director of Zyoin believes that the acquisitions that Oracle has been making in the recent past, especially the Sun Microsystems deal, may alter the ERP market and give some advantage to Oracle over SAP. In the financial services space Oracle applications still holds a high position with Oracle Financials, Oracle HRMS, Oracle Projects, Oracle CRM and Oracle PO considered as the most widely used applications and demand for them is moving upwards.

.NET
Since the birth of multi-core computing, there has been a requirement for parallel-programming architecture. Incidentally, almost every programmer considers .NET Framework 3.5 as getting distant and out of the way. To prevent its programming market fiasco, recently, Microsoft released the beta version of .NET Framework 4. Primarily, the MSDN site shows that the parallel extensions in the .NET 4, has been improvised to support analogous programming, targeting multi-core computing or distributed computing. Thus, making it the right time to be equipped with the .NET skills.

Embedded C++
The increasing demand for embedded systems is driving the growth for Embedded C++, which was defined by an industry group to address the shortcomings of C++ for embedded applications. The official website states the goal of Embedded C++ as to provide embedded systems programmers with a subset of C++ that is easy for the average C programmer to understand and use. “If your interest lies in embedded systems, having the knowledge of Embedded C++ will surely get you a job,” says Kumar.

C
C is still one of the most popular programming languages though it was developed nearly three decades ago and there are very few computer architectures for which a C compiler does not exist. C has greatly influenced many other popular programming languages, most notably C++, which originally began as an extension to C. “For all those who have been working on C, the demand still exists in the market because their application is wide,” says Prem.

Courtesy: SiliconIndia.com

April 6, 2010 Posted by | Business, General, India Related, IT, Science, Software, Technical Writing, Technology, USA Related, World News | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Sensex falls below 10K, first time in 2 years

Melting stock prices on Friday pulled down the Bombay Stock Exchange benchmark Sensex below the 10,000 point mark for the first time in over two years.

The 30-share index, which opened higher by 205 points, tumbled by 582.76 points to 9,998.73 in pre-close trading, a level last seen in June 2006.

The wide-based National Stock Exchange index Nifty, which gained 66.65 points at the initial stage, plunged by 196.35 points, or 6 per cent at 3,072.95 points at the same time.

All the sectoral indices, led by realty sector were ruling in the red with steep falls, dragging the Sensex down.

Morning trade

Markets have turned volatile after bouncing back in early trade. Buying is seen in technology, capital goods and oil stocks, while selling in banking, few metal, pharma and FMCG stocks.

At 1022 hrs IST, the Sensex rose 5.90 points to 10,587 and the Nifty gained 16 points to 3,285. BSE Midcap and Small Cap indices rose 0.8 per cent each.

Top losers are ICICI Bank, HDFC Bank, Sterlite Industries, Tata Communication, SBI, DLF, Reliance Communication, HDFC, Tata Power and HUL. However, gainers are Wipro, ONGC, L&T, HCL Tech, Cairn India, TCS, Reliance Industries and ITC.

Breadth is negative; about 1363 shares have advanced while 1583 shares have declined. Nearly 242 shares are unchanged.

Markets @ 0956 hrs IST: Nifty stands above 3300; Cap Goods, IT, Realty stocks up

Markets have bounce back in early trade after sharp cut seen in previous trade, as US markets rebounded sharply in Thursday’s trade. Buying is seen in capital goods, auto, technology, banking, technology and power stocks.

At 0956 hrs IST, the Sensex rose 111 points to 10,692 and the Nifty gained 35 points at 3,304. BSE Midcap and Small cap indices rose over 1 per cent.

Satyam, Tata Motors, Zee Entertainment, Reliance Infrastructure, L&T, BHEL, Siemens, Suzlon, HDFC Bank, TCS and Tata Steel have gained.

Satyam Computer is witnessing volatility after gaining nearly 5 per cent in opening trade, after its Q2 numbers. The company has reported growth of 6.05 per cent in net profit of Rs 580.85 crore as against Rs 547.70 crore, QoQ. Net sales stood at Rs 2819.29 crore versus Rs 2620.83 crore.

Asian markets are trading mixed. The Nikkei and Shanghai rose 2 per cent and 1 per cent, respectively. However, Kospi, Taiwan and Jakarta tumbled 1-3 per cent. Hang Seng and Straits Times fell marginally.

US markets closed firm after a hugely volatile session. A late-day rally gave the Dow a triple-digit boost after a 700 point intra-day swing. Unwinding of hedged options on the S&P 500 ahead of October options expiry was one of the factors for the volatility in the market.

The expiration triggered several big buys at the end of the day. Dow gained 401.35 points, or 4.68 per cent, to 8,979.26. The S&P 500 index advanced 38.59 points, or 4.25 per cent, to 946.43, and the Nasdaq composite index added 89.38 points, or 5.49 per cent, to 1,717.71.

October 17, 2008 Posted by | Business, General | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment