With the first quarter of 2022 already behind us, it is evident that: Yesterday’s “emerging” IT staff augmentation trends are now shaping up to be lasting influences and are looking forward to determine the future of the industry. The business landscape being led into the post-Covid world is undergoing numerous reforms. Digitization has further simplified the access to utilizing augmented staffing services. Due to the constraints of living in a world still recovering from the pandemic and the general trend of globalization, more businesses have been inspired to hire remotely.

Nearly 54% of companies experience lack of talent all over the world on an annual basis. In fact, it has doubled 10 years down the line. Remote work now having become usual has resulted in staff augmentation services being widely accepted as a staffing solution to hiring skilled resources. The remote and in-house teams come together to work on the same projects, having shared goals for which they interact daily, and often report to the same project managers. This helps achieve seamless integration of both the teams. As a result, it boosts the developer productivity, addresses skill shortages, and realizes a faster time to market — all at a lower cost and without the hassle of hiring more in-house employees. According to SIA research, staff augmentation companies generate nearly $490 billion yearly and are projected to grow up to 4% in the near future.

New trends arise within this industry every year, and it becomes imperative for professionals to be familiar with these different trends and all that they entail.

1. The Great Resignation Is Here

According to Willis Towers Watson’s 2022 Global Benefits Attitudes Survey, 44 percent of employed talent are “job seekers.” In the U.S., four million workers quit their jobs in July 2021 alone. Data suggests the Great Resignation, a pandemic-era labor trend also known as the Great Reshuffle, is continuing.

Resignation rates had remained unusually high for several months prior and it’s believed to be partly due to COVID, partly due to life changes or better salaries and more flexible work arrangements.

One proposition of this is that the IT job market is becoming a lot more competitive with each passing day. Staff augmentation services have created a buzz in the market leading to an increase in competition. Talent from new regions is emerging with augmentation services and posing a challenge to the traditional markets. Instead of going through the laborious and time-intensive process of recruiting in-house developers, staff augmentation has enabled accessibility to a first-rate software development team and ability to fill any staffing gaps and skill shortages that may come up.

With the remote work culture in place companies are actively looking for resources to work flexibly and accommodate internal team schedules, client needs, and other factors.

2. The Extra Mile for the Right People

With staff augmentation, the market is maturing and the talent pool is becoming wider, leading companies to look for resources with soft skills such as good communication skills, interpersonal skills, time management, etc. Organizations have now started giving more thought to improving customer experience as it translates directly to sales in today’s competitive market. Depending on where you’re based, your local market may not offer the range and quality of tech talent but in contrast, staff augmentation enables you to tap into the global talent pool, including top-rate tech experts globally.

3. Business Adaptability

The pandemic and the ensuing market upheavals have caused numerous companies to identify solutions to help them navigate the rapidly changing environment. With rising trends such as cloud computing, AI, ML, RPA, etc., being extensively used to streamline workflows, a huge demand for specialists in this area has been generated. The staff augmentation model has upscaled companies to work in coordination with their extended team on a daily basis and oversee from scratch the agendas being implemented. It has empowered them to tweak project requirements and scale up and down as needed. Adaptability for some has changed their product or service offering while for others, it has evolved the way they work.

4. Cyberattacks Hit an All-Time High

As a result of the increase in the remote workforce, cybersecurity attacks have become a major concern leading to an increase in the demand for cybersecurity professionals with every organization needing a shield for their systems. US Ransomware victims ended up paying nearly $350 million in 2020 which is 311% more than in 2019 and around 82% of IT teams reported an increase in cyberattacks. Many security firms have observed that over half of their teams have picked up bad cybersecurity habits while working remotely. This is where the need for staff augmentation steps in. To safeguard your business, it has become essential to reach out to an outsourcing partner who can speed up with the latest security practices.

5. Moving Forward!

Choosing staff augmentation services over traditional hiring methods benefits the business in many ways, including the ability to hire an experienced professional for the projects helps businesses save time and optimize output. Staff augmentation services in India are extensively used as they can increase affordability, ease onboarding, are cost effective, flexible and includes less hiring cost and easy management. Choosing staff augmentation services helps the organization get the help required on a scalable, per project basis and makes it easy to focus on the big picture and business goals.

DigiMantra Labs has already been a proven name in the Staff Augmentation space for over a decade. We have helped multiple clients across different geographies to achieve excellence. DigiMantra Labs will continue to raise the benchmark in the years to come.