DATA

Cloud hiring in the power industry dropped in August 2021

The proportion of power industry operations and technologies companies hiring for cloud-related positions dropped in August 2021, according to GlobalData.

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Just 56.3% of the companies included in GlobalData’s analysis were shown to be recruiting for at least one such position. This latest figure was lower than the 57.1% of companies who were hiring for cloud related jobs in July 2021 and an increase compared to the figure of 37.7% for the equivalent month last year.

When it came to the proportion of all job openings that were linked to cloud, related job postings kept steady in August 2021, with 4.8% of newly posted job advertisements being linked to the topic.

This latest figure was a decrease compared to the 5.2% of newly advertised jobs that were linked to cloud in the equivalent month a year ago.

Cloud is one of the topics that GlobalData, from whom our data for this article is taken, have identified as being a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.

Our analysis of the data shows that power industry operations and technologies companies are currently hiring for cloud jobs at a rate lower than the average for all companies within GlobalData's job analytics database. The average among all companies stood at 5.1% in August 2021.

GlobalData's job analytics database tracks the daily hiring patterns of thousands of companies across the world, drawing in jobs as they're posted and tagging them with additional layers of data on everything from the seniority of each position to whether a job is linked to wider industry trends.

You can keep track of the latest data from this database as it emerges by visiting our live dashboard here.

Methodology

GlobalData’s unique Job analytics enables understanding of hiring trends, strategies, and predictive signals across sectors, themes, companies, and geographies. Intelligent web crawlers capture data from publicly available sources. Key parameters include active, posted and closed jobs, posting duration, experience, seniority level, educational qualifications and skills.

Methodology

GlobalData has compiled a list of top MNCs based on revenue. Any top companies that did not have a subsidiary were removed from the list. The latest company annual reports (2019 and 2020, where available) and websites were analysed for a total of 2,188 companies.

For a subsidiary to be included, the parent company had to have a majority ownership/control in the subsidiary. Affiliates, associates, joint operations and joint ventures were included as long as the ownership criteria was met. Subsidiary information was captured at a country level. Country names were standardised. In total, 216,898 subsidiaries were captured.