IT economy. How not to be left behind
The IT industry is the fastest growing industry at the moment, and this is no secret to anyone. For all the positive aspects this industry can give for an employee or a company, it’s worthwhile to realize that the speed of development and the information flow can also be a negative factor in development.
In this article I will try to determine the main points of development of a person who is engaged in the IT field and the development of the industry as a whole.
As indicators, I chose the following: my own cost estimate , level of interest and time .
Why exactly these? Over time, I hope that no questions will arise, since all processes in our world occur in time, which is a feature of the dimension of our Universe.
Own cost estimation is the level of payment claimed by a programmer, encoder, database administrator or system administrator. This is not necessarily a real level, it is a desire. Everyone has a perfectly normal desire to receive more and more wages over time.
Sometimes the desire curve coincides with real incomes, especially if the person is modest and is content with the increases that the employer makes. Sometimes the desired greatly diverges from the real, but this is not important, since the essence does not change. The employee always tries to realize his desires to receive an adequate assessment of his knowledge and skills, expressed in banknotes, material wealth and other things.
This curve ( a ) is simultaneously an expenditure part for companies and shows well the level of costs for labor and intellectual resources.
The curve of interest ( b ) shows the level of interest of people in certain technologies. This may be the interest of the industry as a whole, or the interest of a particular person in a particular technology.
Using these indicators, you can safely describe the processes that occur in the industry and in the development of each person.
Consider the option when curve a shows the industry's interest in a certain technology. In the initial stages, this curve has a very strong growth. This growth can be stimulated through the media, overheating the market in anticipation of miracle technologies or miracle solutions. The technology has been developing for some time, and as development continues, interest continues to grow. The cost curve b grows very weakly, since the new technology requires a certain accumulation of knowledge and skills.
Over time, interest in technology fades as the market saturates. As the market is saturated, there is an increase in the cost of labor of qualified specialists, which leads to a decrease in the profitability margin of the business from using this technology. The intersection of curves a and b(shaded area) shows the profit margin. It is quite possible that a decrease in interest in a certain technology occurs when a decrease in business profitability occurs.
Point A in this graph shows the economic death of the technology. No, they will not refuse it for some time, since there is a lag in development, but there is no longer any need to wait for large investments in it.
That an employee who plans to learn something new, that a company that is building or using technology in their products, must clearly understand how much time this technology has left to live on the market. Otherwise, you can very quickly fly into the pipe.
Stimulating a growing interest in technology (curve b ') will give a temporary increase in profitability, which employees will immediately respond to by increasing wage requirements.
If the technology died before the maximum of the employee’s desires was achieved (curve a ' ), an interesting effect arises: specialists who knew the old technology for some time are in demand, because it is necessary to maintain old systems, programs, devices, and the employee gets a unique a chance to increase wages due to the uniqueness of knowledge, until point C is reached , after which the demand will be reduced to nothing.
On the other hand, curve ashows the interest of the employee to study or use certain technologies, at the same time it shows interest in this specialty, and just the interest to work.
The intersection of line a and b in this case will show the cost of training a specialist. At the beginning of the development of a specialist, the growth of one's own assessment almost does not occur, since the process of accumulating knowledge is ongoing. Over time, with the growth of the employee in a professional sense, his wishes for wages will grow until he reaches the point of loss for the company, or until the person loses interest in this technology or the industry as a whole.
If you try to moderate the needs of the employee, and move the curve to a 'the company won’t get much of a win, as the decision to change jobs or specialties will be made due to the fading of the employee’s interest in the work itself. The growth of interest leads to a quick increase in the cost of an employee, reaching a loss point B and, as a result, dismissal.
What conclusions can be drawn from the above?
The processes that occur in the economy, very simply fit into two or three schedules. The same graph can describe dozens of processes. This suggests that everything is closely connected with each other, the system balances itself, and the imbalance can lead to sad consequences for everyone.
UPD: thanks Kirgudu for the error found
UPD2: link to the picture is restored
In this article I will try to determine the main points of development of a person who is engaged in the IT field and the development of the industry as a whole.
Indicators
As indicators, I chose the following: my own cost estimate , level of interest and time .
Why exactly these? Over time, I hope that no questions will arise, since all processes in our world occur in time, which is a feature of the dimension of our Universe.
Own cost estimation is the level of payment claimed by a programmer, encoder, database administrator or system administrator. This is not necessarily a real level, it is a desire. Everyone has a perfectly normal desire to receive more and more wages over time.
Sometimes the desire curve coincides with real incomes, especially if the person is modest and is content with the increases that the employer makes. Sometimes the desired greatly diverges from the real, but this is not important, since the essence does not change. The employee always tries to realize his desires to receive an adequate assessment of his knowledge and skills, expressed in banknotes, material wealth and other things.
This curve ( a ) is simultaneously an expenditure part for companies and shows well the level of costs for labor and intellectual resources.
The curve of interest ( b ) shows the level of interest of people in certain technologies. This may be the interest of the industry as a whole, or the interest of a particular person in a particular technology.
Using these indicators, you can safely describe the processes that occur in the industry and in the development of each person.
Interconnection
Consider the option when curve a shows the industry's interest in a certain technology. In the initial stages, this curve has a very strong growth. This growth can be stimulated through the media, overheating the market in anticipation of miracle technologies or miracle solutions. The technology has been developing for some time, and as development continues, interest continues to grow. The cost curve b grows very weakly, since the new technology requires a certain accumulation of knowledge and skills.
Over time, interest in technology fades as the market saturates. As the market is saturated, there is an increase in the cost of labor of qualified specialists, which leads to a decrease in the profitability margin of the business from using this technology. The intersection of curves a and b(shaded area) shows the profit margin. It is quite possible that a decrease in interest in a certain technology occurs when a decrease in business profitability occurs.
Point A in this graph shows the economic death of the technology. No, they will not refuse it for some time, since there is a lag in development, but there is no longer any need to wait for large investments in it.
That an employee who plans to learn something new, that a company that is building or using technology in their products, must clearly understand how much time this technology has left to live on the market. Otherwise, you can very quickly fly into the pipe.
Stimulating a growing interest in technology (curve b ') will give a temporary increase in profitability, which employees will immediately respond to by increasing wage requirements.
If the technology died before the maximum of the employee’s desires was achieved (curve a ' ), an interesting effect arises: specialists who knew the old technology for some time are in demand, because it is necessary to maintain old systems, programs, devices, and the employee gets a unique a chance to increase wages due to the uniqueness of knowledge, until point C is reached , after which the demand will be reduced to nothing.
On the other hand, curve ashows the interest of the employee to study or use certain technologies, at the same time it shows interest in this specialty, and just the interest to work.
The intersection of line a and b in this case will show the cost of training a specialist. At the beginning of the development of a specialist, the growth of one's own assessment almost does not occur, since the process of accumulating knowledge is ongoing. Over time, with the growth of the employee in a professional sense, his wishes for wages will grow until he reaches the point of loss for the company, or until the person loses interest in this technology or the industry as a whole.
If you try to moderate the needs of the employee, and move the curve to a 'the company won’t get much of a win, as the decision to change jobs or specialties will be made due to the fading of the employee’s interest in the work itself. The growth of interest leads to a quick increase in the cost of an employee, reaching a loss point B and, as a result, dismissal.
conclusions
What conclusions can be drawn from the above?
- Workers and the company should keep their eyes open so as not to miss the sunset of interest in technology. The IT industry is developing rapidly, and what was relevant two years ago, tomorrow may already be the last century.
- It is best to pay close attention to new technologies, since the costs of their study and use remain low for a long time, and profitability is growing.
- Staff turnover, rising labor costs, fading interest in work were, are and will be. In order to minimize these processes, you need to try to return to the zero point of interest. This is achieved by changing the profile of work (the same career growth), studying new technologies and other things.
- Startups using new technologies will be more profitable if technology is successful.
The processes that occur in the economy, very simply fit into two or three schedules. The same graph can describe dozens of processes. This suggests that everything is closely connected with each other, the system balances itself, and the imbalance can lead to sad consequences for everyone.
UPD: thanks Kirgudu for the error found
UPD2: link to the picture is restored