Most In-Demand Skills in 2024
Global businesses are on the lookout for specific skills that can drive innovation, enhance efficiency, and ensure sustainable growth. Staying competitive means continuously adapting to new trends and technologies.
As part of our 2024 Atlas report (read the 2023 report here), we’ve been analysing our Talent Marketplace datasets across both our global client base and 60,000+talent network – and revealing key findings about skills trends across geographies.
Here are the most in-demand skills in 2024:
Data Analysis
Atlas Insight: Demand for data analysis skills has increased by 37% in the last 12 months.
Data is the new oil, and businesses are keen to harness its power. Skills in data analysis and interpretation are in high demand on the Talmix Marketplace –finding the right talent to make informed decisions, optimize operations, and predict trends. Proficiency in tools like Python, R, SQL, and Excel, as well as experience with big data platforms, is highly sought after.
Artificial Intelligence and Machine Learning
Atlas Insight: AI-related hires currently account for over 25% of the open job postings for Talmix clients in the financial sector.
The advanced progression of AI has completely reshaped how workforces are now being structured, driving a noticeable strategic transition from a role-filling to skills-based talent proposition. It is now deemed imperative that organizations take the initiative in reshaping work dynamics to seamlessly integrate AI capabilities and ensure a “future-proof” workforce.
AI and ML are transforming industries by automating processes, enhancing customer experiences, and driving innovation. Expertise in developing and implementing AI algorithms, as well as understanding machine learning frameworks, is in high demand. These skills are critical for developing smart systems and predictive models.
Cybersecurity
Atlas Insight: 75% of Talmix clients report cybersecurity as one of their top concerns for the future.
With the increasing prevalence of cyber threats, cybersecurity expertise is indispensable. Our clients around the world are searching for the talent that can best maintain data integrity and ensure compliance with regulatory standards. Skills in threat detection, risk management, and incident response are in highest demand.
Cloud Computing
Atlas Insight: 68% of IT job postings on the Talmix Marketplace list cloud computing skills as a major requirement.
Cloud computing skills are essential as more businesses migrate their operations to the cloud. Job postings on the Marketplace have demanded proficiency across platforms such as AWS, Google Cloud, and Microsoft Azure, and calls for talent who can enable organizations to scale their IT infrastructure, improve data accessibility, and reduce costs.
Project Management
Atlas Insight: Project management positions have accounted for 35% of job postings over the past year.
Effective project management ensures that business initiatives are completed on time, within scope, and on budget. Our clients look for talent who can plan and manage implementation roadmaps, can support go-to-market activities, communicate with senior stakeholders, and ensures adherence to quality standards and project deliverables.
Revenue Operations
Atlas Insight: RevOps talent is in highest demand across the US.
Businesses, and particularly our Private Equity clients, are using the Talmix Marketplace for fast access to the best talent to align the operations, systems, and data that support their revenue teams and spawn more scalable growth. Skills in data analytics, CRM software, and strategic planning are in particularly high demand across this field.
Supply Chain Management
Atlas Insight: Demand for supply chain management software experience (e.g. SAP MM, AP Modules, JDE, SAP inventory Management) is on the rise in 2024.
Supply chain management has become increasingly critical as businesses aim to streamline operations and mitigate disruptions. Skills in logistics, inventory management, ERP implementation and procurement are also in high demand on the Talmix Marketplace.
Pricing Expertise
Atlas Insight: The average project duration for pricing experts in 2024 is three months.
Effective pricing strategies are essential for maximizing profitability and market competitiveness. Businesses seek professionals who can quickly and efficiently analyze market trends, assess consumer behaviour, and develop pricing models that optimize revenue. In demand skills include:
- Data Analysis and Modelling
- Pricing Strategy Development
- Collaboration and Stakeholder Management
Digital Transformation
Atlas Insight: Digital Transformation expertise is in highest demand across GCC nations.
Digital transformation expertise is crucial as companies strive to integrate digital technology into all areas of their operations. Digital strategy, change management, and technology implementation skills are in high demand as businesses seek to enhance efficiency, improve customer experiences, and stay competitive.
Sales and Marketing
Atlas Insight: Talmix has seen a 15% increase in job postings that demand knowledge of e-commerce platforms, marketing automation tools, and web analytics platforms like Shopify, Magento, & Google Analytics.
In a rapidly changing landscape market, robust sales and marketing skills have become essential for driving business growth. On the Talmix Marketplace, demand for digital marketing, SEO, content creation, and CRM tools expertise is on the rise, as businesses look for the talent who can stay up-to-date with industry trends, best practices, and emerging technologies, and can continue to drive value, add opportunities and maintain a competitive edge in the market.
The global demand for skills is evolving rapidly, prompting business leaders to pinpoint emerging skill gaps and future-proof their workforces. Major trends such as digitalization are accentuating these gaps, compelling businesses to seek talent equipped with specialized skills essential for navigating an evolving landscape. Across numerous industries, the pace of digitalization post-pandemic has been so rapid that companies are struggling to upskill their employees quickly enough. It’s why many have turned to talent marketplaces like Talmix to ensure immediate access to critical talent.