How to attract and retain senior developers to navigate Top Tech Talent Shortage

Tech talent shortage is happening, and it continues to impact every aspect of tech world. The question is, how could tech companies, especially tech starts-up cope with this situation? Navigating the tech talent shortage by attracting and retaining senior developers should be an option. This article will show you how to do with useful information and tips.

1. Top Tech Talent Shortage: Overview, Statistics, And Explanation

1.1. Overview Of Top Tech Talent Shortage

In today’s tech world, the demand for top talent is exploding at a time when supply is increasingly threatened. Korn Ferry, a global organizational Consulting Firm, has predicted that by 2030, the tech industry labor-skill shortage will reach 4.3 million workers, leading to an unrealized output of $449.70 billion globally!  

Long story short, talent is consistently becoming the primary challenge for tech leaders. A recent report by the Business Development Bank of Canada (BDC) indicates that at least 55% of Canadian tech leaders are struggling to hire the employees they need”.   

The growing gap between supply and demand is bad. But it is worse when the tech industry has already been facing The Great Resignation since the early 2020s, followed by the Tech Lays-off in recent years.  

Does the situation of tech talent shortage really happen worldwide?  
And if yes, would the tech companies be severely impacted by this?  

Lack of skilled talents lead to the loss of 8.5$ trillion revenues globally.
It is predicted that $8.5 trillion is a global loss of revenues due to the lack of skilled talents.

Here are the interesting statistics showing how dire the global talent shortage is globally:  

  • Around 40 million technical jobs are unfulfilled due to a lack of skilled talents. 
  • The US Labor Department indicates that by 2030, the global shortage of software engineers may reach up to 85.2 million.
  • While there is a decrease in tech talents, it is reported that job openings for tech positions including software developers, quality assurance analysts, and testers are continually growing during the period 2022 to 2030.
  • The lack of skilled talents even leads to the loss of revenues by $8.5 trillion globally.

From the statistics above, it is noted that there is a tech talent shortage in the United States and more. Recruiters and entrepreneurs in Europe have already increasingly felt the change in labour market. For example, Germany currently lacks around 100,000 IT specialists. In reality, Software development still is one of the most sought-after positions. In the United States, it’s even considered a leader of the “Big Quits”. However, this doesn’t mean that developers leave their professional field entirely. Most of them just want to change their job because they are dissatisfied with their current position and think they can find something better elsewhere. 

1.3. The Reasons Behind The Current Situation

A report indicates that better compensation, remote and flexible work setup are among the utmost factors to explain why developers chose to resign. The great resignation crisis might happen in earlier than we expected, around the early months of 2020, yet until now, the job market worldwide has just witnessed a strong impact from this crisis. Someone has called it as “the biggest challenge they might tackle in recruitment”  

According to the U.S. Bureau Statisitics, around 4 million employees left their jobs in July 2021. 69% of companies are reporting talent shortages, according to a study by Manpower Group. One unexpected thing is those who are leading the great resignation crisis in tech are senior developers because they are in demand more than ever. They are constantly bombarded with job offers, and tech companies seem to competitively join in the “war for talents” while struggling to keep their existing employees by raising their wages, and offering more benefits. However, those actions are not sustainable cause the budget for the hiring of tech companies is not always that huge, they need to change their hiring strategies, and find their own ways to overcome the current situation without any loss.  

If you, as an entrepreneur, or a founder of tech companies, are wondering how you could plan ahead, retain your current employees and hire new potential developers, this article is for you. 

2. Hiring Strategies That Work During The Great Resignation

Tech companies have already suffered from tech talent shortages in different cases: Some of the companies got a lot of projects yet their employees cannot meet up to expectations, and some may find it difficult to hire developers, especially those at mid or senior levels. So, there is an urgent need for the BOD of the tech companies to come up with more applicable, efficient, and innovative hiring strategies that work.  

2.1. Why should you hire Senior & Tech Leads?

When a tech company hires a Lead/Senior Developer, it also means to make a strong impact on its culture and success. If a Lead developer is defined as a senior-level developer, who is more skilled and experienced than the average developer, they would take more responsibilities for the projects assigned. Those responsibilities may include but are not limited to managing the whole development team of fresher, junior to mid-level developers, ensuring the projects are completed in a timely and efficient manager. That also means, if you find a well-fit Lead developer, there is no need for you to worry about the day-to-day coding and management, but only need to check up on lead developers for daily progress. 

2.1. Why should you hire Senior & Tech Leads?
You should hire senior and lead developers, who could make greater impacts on your company’s culture and success.
Source: katemangostar on Freepik

2.2. The Differences Between Lead Vs. Senior Developers

Some people might think these titles seem interchangeable, yet there are several distinct differences: While the tech-lead developer is more of a team facilitator, the senior developer is more hands-on with the technology side of things and will oversee building out core parts of systems.   

Start with the problems of the tech companies: Survey after survey finds many tech companies having difficulties in hiring good quality seniors and technical leads, with the common complaint being that “there just aren’t enough really good senior developers out there”. However, to some extent, this may be true, but the apparent shortage is not as bad as it seems. The main reason is that these companies are filtering out many great candidates by still applying poor recruitment and evaluation processes. The other reason is that the companies may even not sure which qualities they use to qualify applicants so they turn out to hire the wrong candidates, who cannot meet up to their expectations and do not have the skills that the tech companies need.   

For those reasons, it’s time for any tech companies to review their current recruiting process and highly focus on creating an exceptional experience for potential candidates, as we all know finding and training newly qualified developers is costly and time-consuming.  

To review the recruitment process, please ask your existing technical HR team about their work, their obstacles when approaching seniors and leads to understanding why you cannot find a suitable candidate.  

Here is a checklist of things for you to consider: 

  • Define your needs: You need to clarify clearly with your recruiters about your needs, how many developers at senior/lead levels you are expected to be on board, and what  
  • Spot the best talent by several factors defined by your own company: You do not find the best one, you find the most suitable one with your company’s culture and vision, so you need to make sure that you have a list of indicators to qualify your candidates. 

And, please don’t waste your time on a CV getting many warning signs such as: They accept to work at a very cheap price, they do not have any relevant experience on their resume, they have no/few repositories on Github/Stackorverflow/… 

So what I should look for in a candidate?, you may ask. As a senior/tech lead developer is definitely not an average one, so it is normal if you set higher standards to find the best talent for your company.  

Those standards might include but are not limited to:

  • Exceptional Programming Skills (You should make also sure that the candidate is up to speed with  current technologies/latest technologies)
  • Proficiency in specific stack/framework/libraries that your team will be using
  • Project Management Abilities (They should be able to suggest technical solutions for your problems and create a development plan)
  • People skills (it’s very important for a Lead/Senior Developer – they should be familiar with working with team members, providing technical support and helping to resolve problems)
  • Excellent Communication
  • Problem Solving Skills
  • Write a detailed Job description: The more detailed job description is, the better you can attract potential candidates to apply!  

You and your HR team should work on revamping your Job Description by defining your needs, listing the main responsibilities of the role, as well as what skills are needed.  

Besides, you should consider including such information in your job description, such as Salary/Pay Rate, Working Hours, Job Responsibilities, Company Values (if any), Office Location (Do your company offer hybrid/remote working or not?), Required skills/software, Preferred Skills/Software 

Checklist to hire senior and lead developers scaled
Business situation, job interview concept. Job seeker present resume to managers.
  • Understanding the cost of hiring a good lead/senior developer:  

As you want someone who will make a strong impact on your bottom line, then you need to pay for that value. According to Payscale, the Average Lead Software Engineer Salary is $120,127/year, while ZipRecruiter reports that the average Senior Lead Developer Sary in US is $132,227/year or around $64/hour.  

Hiring a tech team is hard, but hiring a good tech team? It is even harder. This is also true with finding good developers, especially at a senior or lead level. Instead of going through a costly and time-consuming hiring process, why don’t you consider outsource your tech?  

Let’s do some math here.  

You would most likely need around 7 to 10 developers to execute a project, one or two of them should be at the senior/tech lead level. With the work rate per hour mentioned above, it might cost you $77,000/month for the team salary only.  

However, you could outsource your tech to an agency or a partner like Synodus, starting at just $30/hour for a developer at the senior/lead level, and you have your product built by a team of specialists with experiences over a wide range of industries. 

3. Hiring In-house Vs. Outsourcing – How To Decide?

As you have a growing demand for senior developers, hiring in-house vs outsourcing – which would be the most viable option for your company? 

  • Speed of development: The speed of building in-house could be limited by human resources and time to recruit. However, this might be different when setting up everything with outsourcing teams. As they do have bench, which is a group of software engineers who are not currently working on any projects and are ready for their next assignments. They could join your project nearly as soon as possible and are ready to do their job.  
  • Time to hire:  According to a study from Glassdoor, the average interview process to hire software development engineers takes up to 40.8 days. Not to mention that you also wait for the new hire to serve their notice period at their current job before accepting your offer, and they also need time to get used to a new job, new teams, and their work responsibilities.  

However, with an outsourcing agency, you could scale your team faster within 2 – 3 weeks.

  • Commitment Length: When hiring developers in-house, you commit to them and must maintain the agreements in your contract. If the employees do not pan out, you are back to square one in the recruiting cycle, possibly putting you back months in project completion. You also risk the turnover of employees, which doubles the problem.  

Whereas, when outsourcing your tech, you have the benefits of receiving talent and expertise for the agreed requirements. No matter which models you choose, whether IT’s Staff Augmentation, Software Outsourcing or Managed IT Services, you got the flexibility and scalability for your business objectives. 

  • Management: When the hiring process is completed, you need to onboard and train your newly in-house employees. No surprise, it takes time and effort, yet this is also rewarding. Not to mention that there will be no time zone differences with an in-house team.  

Regarding outsourcing teams, they are accustomed to getting on board quickly, being self-organized and independent, yet they are less likely to treat your project as their own. Hence, it’s more difficult to find an engaged partner, who pours their mind fully into your project.  

  • Additional Free & Cost: Once your project is over, agencies often do not charge you any. Only if there is additional work, will you need to pay them an hourly rate for the work done. An in-house team will keep draining company resources for payroll regardless of whether work is being done or not. Whereas, if you outsource, we make sure that you only pay for the work done!  

 In case you intend to outsource tasks to other agencies, here are several pain points of CTOs related to that:  

Several painpoints of CTOs when it comes to outsourcing
Timezone Contrast, Language Barriers and Legal Aspects are several painpoints when it comes to outsourcing. Source: Synodus

+ Timezone Contrast:  This is one of the biggest fears for any companies who are shortlisting agencies from other nations. However, imagine that you are in the U.S and you outsource your tech to us, which is about 12 hours ahead of you. As we are a day forward when you wake up in the morning, we have already completed all the tasks and are ready to discuss further or explain them to you. There is no better thing than great organization and teamwork, so whenever we work on any outsourcing project, we clarify a clear brief and detailed requirements, set up weekly catchups and provide immediate support and maintenance if any problems arise.  

+ Language Barrier: Undeniably, communication difficulties would restrict essential feedback on different functions if you outsource your tech to another country. However, if you choose Vietnam as your go-to country for outsourcing, language barriers mostly no longer exist. Most IT workers in Vietnam nowadays can communicate in English easily. Here at Synodus, we make sure that you do not have any difficulties communicating with us, as our developers could communicate well and write easy-to-understand technical documents! Over 3 years, we have already served nearly 45+ clients, most of them are foreign brands.  

+ Legal aspects: As we have had extensive experience working with international clients, we are truly aware of client data protection. We deliver a clear approach, establish clear expectations with our partners, and sign security agreements (if necessary). Here is what you could expect to get if you choose Synodus as your outsourcing partner:  

  • A clear approach with deliverables and a plan with milestones & deadlines.  
  • The contract with intellectual property rights, accountability, information security, and legal agreements. 

4. Here’s What Tech Companies Can Do More

Getting a clear hiring strategy is crucial. Yet it is more important to retain your IT professionals, so you could stop the bleeding first! That also means your company’s focus should be equal to the existing team and talent acquisition.  

The companies could consider deploying these strategies for better work experience:  

  • Salaries & Bonuses: To stay competitive in the job market, companies should acknowledge that salaries will have to evolve too. Besides, rewarding them with financial bonuses, and appropriate celebrations is also a way to show how appreciate you are to your developers.  
  • Flexibility: We don’t talk about coffee bars, billiards tables, or things like that anymore. Flexibility means flexible job hours, remote/hybrid work environments, and more work-life balance.  
  • Investment in further training and the employee journey:  Empowering them with more opportunities to upskill or learn new technologies. Discuss with them about advancement opportunities for a job change or current expansion.  
  • Showing trust – by giving developers responsibility. Give your tech team more autonomy in the way they do their work.  
     

5. Why Outsourcing A Tech Agency Today Is The Most Efficient Way To Fill The Talent Gap And Benefit Your Company

Since the pandemic, companies have adapted to remote infrastructure with efficiency and productivity, and there is no need to strictly have a team physically in the workplace anymore. With a lot of modern communication tools, all the team members could easily communicate, discuss and collaborate with no deterrence.  

With the ongoing situations mentioned above, it’s high time your company outsourced tech agencies outside your border! As we believe, this is the most efficient way to fill the talent gap and benefit your company. You do not need to worry anymore about competing with limited talent that is in your area.  

Why Outsourcing A Tech Agency Today Is The Most Efficient Way To Fill The Talent Gap And Benefit Your Company
You could save the cost by 63% and reduce wordload for in-house staff when partnering with Synodus

Here are what you could get if partnering with Synodus – your potential strategic technology partner:

  • Dedicated Resouces  
  • Tech Specialists who are already working in a wide range of fields.  
  • Full control of the time frame, project length and duration 
  • Less concern about upskilling current workforce for projects  
  • Reduced workload for in-house staff 
  • Saving cost by 63%  
  • No more fees after the project are completed, yet maintenance and support are still included 

Dont’s hesitate anymore! Let’s contact us to discuss further!

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author avatar

Maya

I am a content planner & writer with more than 2 years of experience in Tech. Writing mostly about Data Analytics, AI, Digital Transformation and Blockchain, I consider myself an aspiring and passionate content writer/editor who enjoys learning new technologies and introducing them to others through easy-to-read texts!

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Due to the adaptability of NFT, you can practically create NFT business of anything, including music, pictures, films, virtual worlds, etc. Let’s figure out the best ideas on how to start NFT business with our detailed blog post below.
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top eco-friendly nft platforms

Top 8 Eco-friendly NFT Platforms That You Want To Know 

It is possible to have environmentally friendly NFTs, and some of eco-friendly NFT Marketplace sprung up last year. This article includes top green NFT platforms you might want to check out.
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10 Best Low Code Development Companies in USA to Hire

10 Best Low Code Development Companies In USA To Hire

Discover the top low code development companies in the USA and how to choose the best one that suits your company’s goals and budget.
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10 Best Low Code Development Companies in India to hire

10 Best Low Code Development Companies In India To Hire

Discover the top low code development companies in India. Learn how to choose the best future collaborator for your business with our guide.
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Using Low code in Insurance to Accelerate Business Growth

Using Low Code In Insurance To Accelerate Business Growth

Insurance businesses are being revolutionized using a low code insurance platform. Discover how to accelerate growth and streamline processes with low code!
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low code healthcare

Potential Of Low Code In Healthcare For Digital Transformation

Low code healthcare platforms are gaining more attention by empowering the industry with automation and modern applications.
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Utilizing Low Code for Customer Services

Utilizing Low Code For Customer Services To Improve Metrics

Learn how organizations utilize Low Code for Customer Services to gain advantages and the top platforms to use
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How Low Code Empower Citizen Developer In Digital Transformation

How low code & citizen developers can leverage your digital transformation and empower each other for better business results.
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Leveraging Low Code for Financial Services

How Low Code Make A Breakthrough In Financial Services?

Is Low for Financial Services a Yes or No? Learn how to successfully implement it with the real-life use cases and top tools
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What is NFT Game?

What Is NFT Game And What You Don’t Want To Miss Out?

On the blockchain, NFTs are one-of-a-kind digital collectibles, then what is an...
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web application development services

A Detailed Guide On Web Application Development Services

Detailed guide on the process, types, where to start, and who to hire for high-quality web application development services.
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low code examples

7 Low Code Examples & Use Cases From Top Brands

Low code technology is rising with top enterprises leveraging it for tech innovation. Here are 10+ low code examples to learn from.   
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low code platforms

25 Best Low Code Platforms for Startups, SME & Enterprise

Low code platforms are on the rise in 2023. Discover the best low code platforms for Startups, SME, Enterprise & Developers.
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open source low code platforms

Comparison Of Top 20+ Open Source Low Code Platforms On GitHub 

List of 21 best-to-use open-source low code platforms on GitHub, where million developers collaborate to shape the future of software.
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low code vs high code

Quick Comparison Between Low Code Vs High Code: Which Wins? 

A precise comparison between the uses and features of low code vs high code to help you make better decision on digital transformation
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low code

What Is Low Code Development And Why You Should Care?

Explore the new low code technology, its features, how it differs from the traditional counterpart and use cases in certain industries.
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low code vs rpa

Low Code vs RPA: Which Is Better For Fast Workflow & Management?

To optimize the operation workflow and your business management, which is better: Low Code vs RPA? Read our detailed comparison
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low code vs no code comparison

Low Code Vs No Code: The Right Choice For SME And Enterprise

Discover the difference between low code vs no code and how to make the right decision: which is best to use in the future for your industry.
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progressive web app vs native app

Progressive Web App vs Native App: Which is better?

Learn the differences and similarities between Progressive Web App vs Native App & Which is better for users, developers & businesses
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List of 6+ Best Gaming NFT Marketplaces

List of 6+ Gaming NFT Marketplaces That You Must Check On

Believing in the future of NFT Gaming? If yes, let’s stay ahead of the pack by checking out some of the best gaming NFT marketplaces out there and how to build one.
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Low Code Benefit

Breakdown The Benefits & Disadvantage of Using Low Code  

The larger the enterprise, the larger the workload of the development team....
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best web development tool

11 Best Web Development Stack for robust web & fast deployment  

Choosing the best web development stack is a critical first step in...
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web development stack

What is Web Development Stack & How It Streamlines Coding? 

Deciding the suitable tech stack for your web development process is excruciating...
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MEAN Stack in Web Development

What is MEAN Stack in Web Development & When To Use It?

Using a tech stack can shorten the development time as it provides...
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Top 15+ NFT Marketplace Development Companies To Partner With In 2023

Top 15+ NFT Marketplace Development Companies To Partner With In 2023

The leading NFT market developers who have distinguished themselves in the blockchain...
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Best Gasless NFT Marketplaces For You To Save More Money

4+ NFT Marketplaces Without Gas Fee To Save You Money

While adopting NFTs into a day-to-day investment, gas fees might be considered...
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Deep Dive Into MERN Stack in Web Development

Developers can leverage different tools, frameworks and even web development stacks to...
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open source web development tools

40+ Open Source Web Development Tools Every Dev Should Know

Rapid web application development tools (open-source) make it easier for programmers to...
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Fashion NFT Marketplace: Which are the best digital platforms for fashion enthusiasts?

6+ Fashion NFT Marketplaces: Which Are The Best For Fashion Enthusiasts?

Fashion - in general - is going places. Therefore, blockchain-related things might...
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12 Tips to Optimize SEO in Single Page Application for Higher Rank

Single page application and SEO have been in dissonance as most SPAs...
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Progressive Web Apps Technical & Security Checklist

Finishing developing your PWA feels like a huge achievement. Yet, ensuring it...
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15 Best Database for Web Applications and Development in 2023  

Database for Web Applications and Development is required to ensure the functionality...
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NFT Photography Marketplaces

NFT Photography Marketplace: All You Need to Know

NFTs (Non-fungible tokens) have undeniably been talk of the town lately. The...
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Progressive Web Apps Architecture and Benefits

What are Progressive Web Apps: Architecture & Benefits Explained

A new door has opened for companies to engage with their consumers...
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AMP vs PWA

AMP vs PWA: Which one is better for your website performance?  

The web world is getting more advanced with innovative technologies that help...
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NFT Jewelry Marketplace: An experience or a real investment

NFT Jewelry Marketplace: An Experience or A Real Investment

NFTs (non-fungible tokens) have revolutionized many industries, including art, game, and sports....
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How does NFT Marketplace work?

How Does NFT Marketplace Work?

Following in the footsteps of bitcoin as the center of digital currency,...
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What is Accelerated Mobile Pages? Should we use it for faster web? 

Faster-loading websites perform better in search results, have reduced bounce rates, and...
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Real Estate NFT Marketplace Everything You Need To Know

Real Estate NFT Marketplace: Everything You Need To Know

The NFT sector of the crypto economy is flourishing. Gradually the NFT...
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progressive web apps examples

Best Progressive Web Apps Examples to learn from in 2023 

Since the Internet has accelerated in our society, businesses have been in...
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web development tools for android

Top 10 Web Development Tools for Android to use on the go  

Building and maintaining a website isn't an easy job. Anything can comes...
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front end web development tools

The List of 28 Best Front-end Web Development Tools 

Front-end development tools facilitate the creation of visually attractive websites and applications....
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What is Web Application? How it works? A Detailed Guide 

Web application has been around us for a long time, from the...
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What questions to ask a web developer before hiring: 25 Q&As

Many businesses are developing or enhancing their existing websites to digitize their...
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9 Open Source NFT Marketplaces With Code Available On Github

9 Open Source NFT Marketplaces With Code on Github

As we all know, open source NFT marketplaces, like any other marketplace,...
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Best 25+ Wordpress NFT Themes For Elementor In 2023

Best 25+ WordPress NFT Themes For Elementor In 2023

Building NFT Wordpress site is such an efficient approach that artists, creators...
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How to create your own NFT Marketplace - 10 steps with tutorials

How to create your own NFT Marketplace (10 steps with tutorials)

Maybe you have heard about blockchain and NFT marketplace, but do you...
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Top 12 Wordpress NFT Minting Plugins For 2023

Top 12 WordPress NFT Minting Plugins In 2023

Today, if you don't move forward, you've gone backward. As a participant...
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Best 25+ Music NFT Marketplaces To Buy And Sell [2023 edition]

Best 25+ Music NFT Marketplaces To Sell And Buy [2023 Edition]

Music NFT marketplace has changed the mindset of music lovers, as creators...
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Difference between Single Page Application vs Multi Page Application  

With many advanced web app technologies to choose from nowadays, it might...
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Top 15 NFT Marketplace Analytics Tools That Investors Should Use in 2023

TOP 15 NFT Analytics Tools That Investors Should Use in 2023 

NFT Analytics Tools are the best ones for not only NFT individual...
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Single Page Application: Definition, Benefit, Architecture & Example

With the growing number of websites and Internet users, the requirements for...
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Best 23 NFT Marketplace Wordpress Themes

Best 23+ NFT Marketplace WordPress Themes For Your Consideration 

Non-fungible tokens (NFTs) are of the hour now and then, which have...
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quality assurance in web development

Quality Assurance in Web Development: Benefit, Checklist and How to do  

Quality assurance in web development must be performed regularly, during and even...
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Top 11 Best Mobile Web Development Tools to use in 2023

It’s not hard to notice that most companies are investing in developing...
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difference between single page app and progressive web app

Difference between Single Page App and Progressive Web App    

Web applications are becoming increasingly popular due to their engaging user experience...
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NFT Marketplace Royalties: A Definite Guide On How It Works

NFT Marketplace Royalties are the crypto payments (typically a percentage of the sale...
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best art nft marketplace

Top 15 Best Art NFT Marketplaces Designed for Artists 

As NFTs have been in the limelight during the past years, NFT...
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What are ICO, IDO, IEO

What are ICO, IDO and IEO? 

When it comes to creating innovative ways to kickstart projects and raise...
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ICOs vs STOs: Analysis And Comparison

STOs And ICOs: Analysis and Comparison

Many have known that influential firms such as Tesla, Mastercard, BNY Mellon...
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Web Development Guide For Business And Beginners: Where To Start?

You might have heard someone say Web Development is dying. But the...
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web application frameworks

Power your Web Application with 12 Best to use Frameworks

Web Application isn't something new. Thousands of companies have leveraged this technology...
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NFT Marketplace Business Model: How does it work?

NFT Marketplace Business Model: How Does It Work?

“How do NFT Marketplaces make money?” you might ask. Imagine that you...
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10 Best Single Page Application Frameworks In 2023 With Examples 

Choosing the suited single-page application framework is important because the wrong one...
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How To Estimate NFT Marketplace Development Cost

How To Estimate NFT Marketplace Development Cost

“How much does it cost to build an NFT marketplace?", “What is...
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15+ Good UI Design Examples From Top Brands To Learn From

UI design describe a digital product's appearance, feel, and operation. It's a...
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Mastering UX Design Process & Tips To Work With Design Team 

If you're wondering how to start a UX design process that works...
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ui design process

Excel in UI Design using Smart Workflow, Tools and Guidelines

A standard UI design process and principles must be followed to create...
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How to attract and retain senior developers to navigate Top Tech Talent Shortage

How To Attract & Retain Senior Developers To Navigate The Top Tech Talent Shortage

Table of Contents[Open][Close]1. Top Tech Talent Shortage: Overview, Statistics, And Explanation1.1. Overview...
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Top 8 Must-have NFT Marketplace Features That You Need To Know

Top 8 Must-have NFT Marketplace Features That You Need To Know

Defining must-have NFT marketplace features is the indispensable yet hardest part of building an...
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Avoid these 15 Bad UI Design Mistakes (With Examples)  

When designing the user interface for your mobile app or web, all...
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ux design examples

Get Inspired With 20 Good UX Design Examples For Your Site

UX design is one of the most important aspects of website building....
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ecommerce web development requirements

20+ Requirements To Build An Impactful eCommerce Website

A website is extremely important for an eCommerce business since it's the...
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web development tools

25+ Best Web Development Tools & Software To Use In 2023

Web development tools make it easy and more efficient for developers (even...
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how long does it take to build an ecommerce website

How Long Does It Take To Build An eCommerce Website ?  

Building an eCommerce Website can be a daunting process. There are thousands...
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Breakdown the Cost of eCommerce Web Development 

How much does it cost to develop an eCommerce Website? Well, the...
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real estate web development

Real Estate Web Development: Cost & How To

The goal of realtors has long been to place classified ads in...
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15 Best to use Web Development Platforms

Unraveling The Top 15 Web Development Platforms In 2023

If you're struggling with building a website, many web development platforms in...
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ecommerce web development

eCommerce Web Development: Benefits, Types And Simple Steps  

The global online market has witnessed a surge in online sales revenue...
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Blockchain Developer Salaries Around The World - 2023 Edition

Blockchain Developer Salaries Around The World [2023 Edition]

Are you curious to know about the average blockchain developer salaries around...
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web design process

7 steps for a successful Web Design Process with your vendors  

Aesthetics is only one aspect of a web design process. That harmonic...
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frameworks for web development

Top 10 Frameworks for seamless Web Development  

Web development has now become an integral part of any business. Choosing...
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web application examples

12 Web Applications Examples to learn for your web development

With the increased internet usage, web applications might be a good start...
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what is content management system

What is Content Management System: Benefits, Types and Examples 

Whether a small or big firm, a content management system will always...
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web development process

Understand the Web Development Process with your agency 

The web development process is more than designing and coding. A skilled...
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Differences between Web Design and Web Development

Web design and web development are two different activities, yet many businesses...
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Tips to choose your best Web Development Team

Every business wants a website nowadays; it’s one of the most common front...
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A look into 14 Modern Web Development Trends of 2023  

Fail to stay up with current web development trends can significantly impact...
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New Strategic Partnership Announcement: ANATICS x SYNODUS

Hanoi, Sep 19th 2022 We are thrilled to announce our strategic partnership...
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5 KEY TAKEAWAYS IN BLOCKCHAIN TRENDS 2023

Blockchain has become the talk of the town lately, and it is...
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The Ultimate Guide Of Retail Analytics: Definition, Types and Examples Included 

The global retail analytics industry is expected to be worth $18.33 billion...
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Leveraging Predictive Analytics In Excel For Sales Forecasting

Leveraging Predictive Analytics In Excel For Sales Forecasting: How To Do It  

Sales forecasting has a substantial role in every business's success when making...
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Predictive Analytics: A Completed Guide With Benefits, Models And Examples

Predictive Analytics: A Detailed Guide With Benefits, Models And Examples 

Predictive analytics is suggested to be a vital tool for businesses in...
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Top 10 behavioral analytics tools and a guide to choose one

Top 10 User Behavioral Analytics Tools And A Complete Guide To Choose One

Behavioral analytics tool is changing how businesses become more profitable and serve...
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What is Behavioral Analytics? Defintion, Examples & Tools

What Is Behavioral Analytics? Definition, Examples and Tools 

Every mouse click and movement on the screen reveals something about the...
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Customer Success Stories - A case from Boody

Turning 10-Year Data Into A Single Source Of Truth With Boody  

Table of Contents[Open][Close]Who Is Boody?How They Came To Us Here Are Key...
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Data Analytics For Marketing Benefits Tools And Examples of Top Brands

Data Analytics for Marketing: Benefits, Tools and Top Brand Examples  

Marketing data is everywhere. Yet, the most valuable insights are usually wrapped...
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Data Monetization A Complete Guide

Data Monetization: A Complete Guide 

You may hear that data is a treasure that will do you...
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Success Story of The ICONIC: Leveraging Customer Analytics To Become A Fashion Giant

Table of Contents[Open][Close]Part 1: A Brief History Of Multi-millionaire Empire: How It...
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Artificial Intelligence 101 and AI in E-Commerce

Artificial Intelligence 101 and AI in E-Commerce

A survey by Statista showed that 70% of decision-makers in the e-commerce world assumed...
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Data security Definition, Importance, Types, Methods

Data security – Definition, Importance, Types, Methods

This article will give you an overview of data security: definition and...
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Top 7 Data Security Best Practices

Top 7 Data Security Best Practices

This blog will explain definition, common security threats and best practices for...
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Top Ecommerce Consulting Companies & How To Choose One

Top Ecommerce Consulting Companies & How To Choose One

While some firms can build an eCommerce business themselves, others turn to...
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In-store Retail Analytics: Definition, Benefits, and Use Cases 

When mentioning analytics in business, we often think of sales figures and...
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Data Strategy A definite guide

Data Strategy: A Definitive Guide

A data strategy helps companies know how to manage and analyze data...
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Retail Analytics Courses, Books & Reports

Retail Analytics Courses, Books & Reports: Resources for your knowledge

It is crucial for retailers and those who are enthusiastic about retailing...
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The Future of Retail Analytics (10 trends included)

The Future Of Retail Analytics (Top 10 Trends In 2023)

Audio: The Future Of Retail Analytics (Top 10 Trends In 2023) It's...
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Sentiment Analysis - A comprehensive Guide

Sentiment Analysis: A Comprehensive Guide

The power of Natural Language Processing (NLP) enables organizations to implement sentiment...
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What Is A Data-Driven Culture and How to Create One?

One of the major shifts in today’s business world is the transformation...
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What is Data Visualization?

What Is Data Visualization And Why Is It Important? 

We live in a world of Big Data, in which data visualization...
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Video Analytics For Retail - Definition & Use Cases

Video Analytics For Retail: Definition & Use Cases 

Retail video analytics is becoming more than simply a loss prevention tool;...
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Top 10 Data Visualization Tools

Top 10 Best Data Visualization Tools 2023 (Free & Paid)

As the value of data visualization has become widely recognized across companies...
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Database vs Data Warehouse: Similarities & Differences

What is a database? What is a data warehouse? What are the...
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What is A Database Schema? Types, Benefits, Terms Explained

What Is Database Schema? Types, Benefits, Terms Explained

In this blog, we’ll go further into database schema including database schema...
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Data Warehouse Costs: 3 Important Elements to Consider 

It’s essential to select the right data warehouse, business intelligence, and analytics...
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What is a Data Warehouse? Definition, Benefits, Architecture Explained

A data warehouse is essential for businesses that wish to drive engagement...
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What is Cloud Data Warehouse? Benefits, Features & Solutions Compared

The growing demand for data warehouses as a service is propelling the...
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Data Warehouse Tutorial: Learn from Experts with 6 Steps

Data is gathered at regular intervals from source systems such as ERP...
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What Are The Benefits of Data Visualization?

Data visualization lets us present sets of data through the use of...
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Data Analytics Services for Small Business: Pricing Review

Data Analytics Services for Small Business: Pricing Review

As a small business owner, you’d better implement data analytics if you...
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6 Best Practices for Small Business Analytics

6 Best Practices for Small Business Analytics

Today's successful businesses are propelled by the covert power of small business...
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data analytics sme

Data Analytics for SMEs: What You Should Know

Operating in an ever-changing market, many SMEs (Small and Medium-size Enterprises) are...
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How Your Business Can Benefit From Data Analytics Outsourcing

How Your Business Can Benefit From Data Analytics Outsourcing 

In recent decades, a lot of enterprises - large and SMEs, want...
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Small Business Analytics: 4 Ugly Facts

Small Business Analytics: 4 Ugly Facts

Analytics is an important part of any business, but it's not something...
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5 Data Visualization Trends in 2022

Top 5 Data Visualization Trends in 2022 and More Years to Come!

Due to the fact that technological advances are ever-changing, the future of...
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7 Things to Consider When You Hire a Data Analytics Consultant

7 Things to Consider When You Hire a Data Analytics Consultant

The data analytics consulting industry is a rapidly growing market. The U.S....
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Merge Data from Multiple Sources Effortlessly

6 Detailed Steps to Merge Data from Multiple Sources Effortlessly 

The advancement of technology has created many opportunities for the big data...
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How to Identify Bad Data and 3 Excellent Ways to Improve Data Quality

How to Identify Bad Data and 3 Excellent Ways to Improve Data Quality 

Do you know that 2.5 quintillion bytes of data are generated every...
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Top 6 common payment gateways for eCommerce stores

Top 6 Common Payment Gateways for eCommerce Stores

The world of online business is a fast-paced one. The ability to...
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7 Huge Gaps in Google Analytics And Tools to Fix Them

7 Huge Gaps in Google Analytics And Tools to Fix Them

Google Analytics is a must-have tool in the toolbox of any e-commerce...
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Ecommerce Advice: How to Work with Customers as Privacy Regulations Are Changing

As the eCommerce industry grows and matures, consumers are becoming more aware...
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Data Warehouse Trends 2022

The Latest Trends in Data Warehouse 2023

The world has changed since the introduction of data warehouse. Data warehouse...
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Searching for data to make critical decisions? Try these 8 sources

Searching for data to make critical decisions? Try these 8 sources 

Leveraging the gigantic database of your customers can help you seek insights...
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5 Ways Data Science Can Boost Your E-commerce Revenue

5 Ways Data Science Can Boost Your E-commerce Revenue

The 21st century has digitized the world and provided a gigantic database...
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6 Significant Impacts of Geography on E-commerce Conversions

6 Significant Impacts of Geography on E-commerce Conversions 

In online retail, e-commerce conversions happen when customers purchase products or services...
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4 Insightful Books To Master Your Data Visualization

4 Insightful Books To Master Your Data Visualization 

Data analytics is like solving a puzzle. Raw data is a clue...
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How Retail Analytics Can Help You Win Fraudsters

How Retail Analytics Can Help You Win Fraudsters 

Fraud has remained a big concern in the retail industry. The National...
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How You Can Use Data Analytics for Better Inventory Management  

Inventory is the most important section of a company, ranging from different...
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Retail Location Analytics | Definition & Use Cases 

Retail Location Analytics supports businesses with robust conditions to directly approach customers,...
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10 Most Reliable KPI Tracking Software Worth Your Consideration 

With proper KPIs, you can keep track of your campaign’s performance and...
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3 Tips on Selecting the Best E-commerce KPIs for Online Businesses 

3 Tips on Selecting the Best E-commerce KPIs for Online Businesses 

KPIs are always an essential part of any business strategy on the...
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2 Ways Internal Data Can Benefit Your E-commerce Business

2 Ways Internal Data Can Benefit Your E-commerce Business

Simply defined, data is helpful information that you accumulate to support organizational...
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8 Best Free Google Analytics Tutorials for Beginners and Experts

8 Best Free Google Analytics Tutorials for Beginners and Experts

Google Analytics is considered an indispensable tool to every website owner. It...
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3 Clever Tips to Scale Your E-commerce Businesses With Data

In the cut-throat world of business, entrepreneurs must compete fiercely with each...
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10 Best Free WooCommerce Analytics Plugins for Your E-commerce Website  

10 Best Free WooCommerce Analytics Plugins for Your E-commerce Website  

WooCommerce is among the popular platforms that has been revolutionizing the digital...
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Sentiment Analysis and 2 Important Factors to Analyze Customer Feedback

Sentiment Analysis and 2 Important Factors to Analyze Customer Feedback

Satisfied customers are a constant source of happiness to businesses. Usually, every...
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Customer behavior analytics are transforming how retailer sell online

Behavior Analytics Are Transforming How Retailers Sell Online Introduction

Behavior analytics refers to the method of collecting and analyzing qualitative and...
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How Emotion Analytics is Applied in the E-Commerce Analytics to Increase Customer Engagement 

How Emotion Analytics is Applied in the E-Commerce Analytics to Increase Customer Engagement

Emotions are verbal and non-verbal communication cues that play an integral role...
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2 Ways Retail Analytics Can Boost Your Merchandising Effectiveness

Physical stores have been through a great transformation due to digitalization. The...
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How Can Augmented Reality Be So Helpful in Retail Analytics

In the age of innovative technology, retail e-commerce presents a number of...
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Retail Analytics Use Cases: Comprehensive Guide

Retail analytics have been available for some time now in brick-and-mortar stores....
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How to Boost Conversion Rates With The Use of Retail Analytics

The rapid growth of the retail industry comes with big data and...
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4 Effective Ways to Collect Customer Feedback for Analytics

Understanding the importance of customer feedback helps businesses have a full view...
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4 Ways to Use Speech Analytics for Better Customer Engagement

A significant challenge for any business is getting deep insights about customers...
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Data Science in Retail | Use Cases & Famous Projects

Data science employs specific methods, processes, algorithms, and systems to draw insights...
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3 Big Secrets of Online Shopping Behaviors You Must Know

Customers have certain online shopping behaviors that businesses in the e-commerce industry...
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Detailed Customer Feedback Analysis Guide 2023

Customers have been leaving feedback more than ever before, and businesses amass...
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