Build operate transfer model strategy for the tech crisis

Build-Operate-Transfer Model Strategy for the Tech Crisis

Finding your way through the current US tech crisis turns imperative right now. On one end, you’ve got the massive layoff environment where Big Tech companies are letting go of hundreds of workers. On the other end, you’ve got talent shortage issues that don’t show any signs of slowing down. For both ends, there is a common solution: Introduce the Build-Operate-Transfer model to your business strategy.

But, first:

Tech Crisis Outlook

Massive Layoffs Landscape

US technology companies, including giants like Meta, Google and Amazon, are laying off thousands of employees. In one of the worst contractions in history, layoffs at technology companies in the US reached a more than two-year high as they prepared for a potential recession by hiring at the second-fastest rate ever.

As a result, technology companies slashed over 154,843 positions last year. Furthermore, ​​technology companies have already let go of 85,200 more workers in 2023
In the end, businesses throughout the US are significantly reducing employment as part of their restructuring efforts to be ready for a likely economic downturn. The fact that this is merely the beginning is alarming. However, one important thing to keep in mind is the premise that tech workers who lose their jobs swiftly find new ones. In fact, published in November 2022, a research discovered that eight out of ten tech professionals who had been laid off find new employment within three months of beginning their hunt. And some are even luckier: over 40% of people who lose their tech jobs do so within a month.

Tech Talent Shortage Landscape

Let’s get one thing straight: Even though the Big Tech are letting go off a great number of workers, there is still a tech talent shortage thanks to the unmet demand in all industries. 
Leading market intelligence company IDC projects a 4 million developer shortage by 2025, while the U.S. Bureau of Labor Statistics projects that by the end of the decade, there will be a need to fill over 200,000 developer positions annually. Moreover, while there is a chance for developers to profit from a strong job market thanks to this type of employment demand and potential job stability, there is a drawback. According to Forbes, the complexity of software development jobs keeps rising, which has the unfavorable effect of counteracting the enthusiasm many developers have for their work.

What is the Build-Operate-Transfer Model?

Gartner Research describes it as a contractual arrangement in which a company employs a service provider to establish, enhance, and manage a business (or process/service/delivery) operation with the express purpose of transferring the whole operation to the company when the time comes. 

In other words, when implementing the BOT model, you are partnering up with a service provider that will come to know your talent needs and will reach out through its databases to find tech talent tailored to your needs. After your partner sets up, optimizes, and manages the process on your behalf and it’s operating well, they hand off control of the operation back to you.

Example of Build-Operate-Transfer Model in Action

In the software development landscape, let’s say firm A is a life science company in need of tech talent and developers for its new medical device development; so, firm A decides to give the BOT model a shot.

Firm A finds a service provider, firm B, a specialized company that works in building software engineering teams in Mexico.

  1. Build: Firm B gathers the team based on Firm A needs and the specialization of the developers.
  2. Operate: After both firms have come to an agreement about the specialized team, Firm B starts operating the project and performs day-to-day operations hand by hand with firm A’s involvement and instructions. Basically they started working together while firm B’s sw engineering team started to catch the pace.
  3. Transfer: Finally, after firm A considers the team provided by firm B is ready, they go through a stage by stage seamless transfer fully to firm A. They are no longer firm B’s team but firm A’s completely. Afterwards, there is an extended support on behalf of firm B.

BOT model: Keeping the Tech Crisis in Perspective

In view of the current economic state with both landscapes, layoffs and tech shortage, the idea of nearshoring comes into perspective as many organizations have just recently begun to realize its true potential.

Right now, CIOs and CTOs are putting a focus on remote work, hiring in-demand IT talent, and using AI and analytics tools to optimize efficiency gains in order to recession-proof their companies. One way to do all of this is to apply the BOT model through nearshoring. 

One of the strongest advantages of accessing a BOT model through nearshoring is that you enjoy a large and vast pool of talent. Now, you have the chance to access a genuinely global network of experts. Let’s say you choose Mexico for example: With 25% of all Mexican university graduates majoring in STEM, Mexico has one of the highest rates of engineering graduates in Latin America. Numerous Mexican colleges are among the top 50 in Latin America, demonstrating the outstanding caliber of these institutions. Furthermore, more than 130,000 engineers graduate each year summing up to a talent pool of over 700,000 tech professionals. Overall, that’s an opportunity no one would like to miss.

The build-operate-transfer model makes it possible to adjust the ‘ups and downs’ with a contract! Schedule a call with us.

About ITJ

ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.

A guide to ethical hacking

Everything about Ethical Hacking

By implementing new technology and learning how to respond to unforeseen circumstances, businesses are still navigating the aftershock of surviving a global pandemic. These adjustments will eventually make businesses stronger and more creative, but they will also introduce new threats and vulnerabilities that can be exploited. Evidently, the concept of “ethical hacking” is put into perspective in light of ongoing security breaches from the previous year.

As of December 2021, there were 2,686 incidents involving ransomware, up 82% from this previous report. Evidently, it is a problem that has sparked calls across all industries for an innovative strategy for safeguarding corporate networks. And for that, the right talent and skills are needed.

But, first of all:

Ethical Hacking is…

Any hacking technique that has the owner of the target system’s consent. Furthermore, it’s the process of actively implementing security measures to protect systems against hackers with malicious motives regarding data privacy.

This procedure aids in locating security flaws that can subsequently be fixed before a potential hacker has a chance to take advantage of them.

Types of Ethical Hacking

1. Web Application Hacking

Web application hacking is the process of using the visual chrome browser, tampering with the

URI, or collaborating with HTTP.

Web applications offer an interface between end users and web servers. There are ways to hack these web applications: exploiting programs through HTTP, which can be done by manipulating the application’s graphical user interface, tampering with the URI, or fiddling with HTTP components not found in the URI. SQL Injection assaults, Cross Site Scripting (XSS), Cross Site Request Forgeries (CSRF), Insecure Communications, etc. are techniques that can be used to get into web systems.

2. System Hacking

Hackers gain access to personal computers over networks by hacking into systems. To mitigate these risks, IT security experts employ defensive strategies such as packet sniffing, privilege escalation, and password cracking.

3. Web Server Hacking

A server that is running databases and application software creates real-time web content. Attackers use social engineering techniques, ping deluge attacks, port scanning, sniffer attacks, and gluing to obtain passwords, passcodes, and business information from the online application.

4. Wireless Network Hacking

Wireless networks employ radio waves to convey data, therefore hackers can easily access the system from a nearby location. In order to determine the wireless network’s identification, these attackers usually use network snorting.

How do you become an Ethical Hacker?

You can stand out if you possess key qualities that an employer is looking for, such as self-discipline, critical thinking, time management, and professional drive, or if they have earned a bachelor’s degree or above. Computer science, IT, cybersecurity, and engineering are the most popular majors.

For a 73% of ethical hacker jobs demand a bachelor’s degree.

Recruiters most frequently want cloud-related knowledge. As more businesses switch to the cloud-based business model, they become vulnerable to more advanced attacks. Because of this, all ethical hackers are knowledgeable about cloud security. Furthermore, it’s critical to comprehend themes like malware, compliance rules, security standards, especially PCI security requirements, and programming systems (such as Linux, Python, and Perl).

Tools like Metasploit and Wireshark are important and set you apart from the competitors, even if they are occasionally featured in job adverts.

Certifications and Skills to obtain as an Ethical Hacker

An ethical hacker should be proficient in a variety of computer functions. They frequently specialize in one particular aspect of the ethical hacking field, becoming subject matter experts (SME).

All ethical hackers need to have:

  • Proficiency with scripting languages
  • Expertise with operating systems
  • A profound understanding of networking
  • A strong basis in information security principles.

The following are some of the most well-known and obtained certifications:

  • Certified Ethical Hacking Certification from the EC Council
  • Certification for Offensive Security Professionals (OSCP)
  • CCNP Security
  • SANS GIAC and Cisco’s CCNA Security

Do you want to advance your tech career right now? We’ve got the opportunity for you! Check out our open positions.

About ITJ
ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.

software engineering career and how to go the extra mile

As a Software Engineer, how do you go the extra mile at a job?

Are you seeking to boost your career as a software engineer? Do you want to know the skills tech recruiters are looking for? We’ve got you covered.

There is some exciting news. Demand for software developers is growing fast, and programming skills are required for business in all industries. In fact, the Bureau of Labor Statistics predicts that employment in software development is going to increase by 25% between 2021 and 2031. When compared to all other IT occupations, this one is most likely to experience the fastest growth rate.

So, you are right now anticipating consistent job opportunities to advance your tech career. New doors are opening as you gain experience and develop your technical talents. You are able to choose and keep writing code or use your knowledge of the software development lifecycle to manage teams. It’s completely up to you the path you take, but here are some tips to really go that extra mile at a job:

5 keys to go the extra mile in your software development career

1. Continuous learning

To become a great software engineer, first, become a consistent learner. This industry specifically is the one where you have to invest in your education the most; and we are not talking about money here. The more knowledge and firsthand experience you have, the more valuable you’re going to be. Therefore, your career path is flexible and easily scalable. 

  • Enroll in new classes: Be curious and keep signing up in classes that catch your attention, even if you consider yourself an expert. Relearning the fundamentals or learning something new forces you to step outside of your comfort zone and question some preconceived notions you have had about software development.
  • Learn new programming languages: While it’s possible to be successful as a specialist in just one programming language, the majority of very successful software developers are fluent in several. Not only does it make you a more versatile developer, it also helps you think and solve problems in more creative ways. There are several well-liked programming languages available, so there is always something fresh and intriguing to learn.
  • Stay updated: The standards for many programming languages are frequently changing. To stay current on the most recent best practices, make sure you continue to subscribe to the most recent industry news and communicate with your colleagues. In this industry, knowledge quickly becomes outdated.

2. Strengthen your soft skills

No software engineer is an island. Technical proficiency alone is no longer a strict requirement for success in the sector. Employers are increasingly looking for that blend of technical and soft abilities. 

Take every chance you get to sharpen those talents. Invest in effective stress management, public speaking, teamwork, work ethics, a positive attitude, time management, self-confidence, and a host of other skills you need to have a hold on. Furthermore, strong social and interpersonal skills are essential as you are going to be interacting with people on a daily basis. To become a better software engineer, master these crucial soft skills:

  • Critical thinking: You are able to evaluate a topic from all angles and come up with multiple solutions if you have strong critical thinking abilities.
  • Problem solving: Whether it’s faulty code or a faulty communication channel, a software engineer’s existence is fraught with challenges. The more adept you grow at identifying such issues and coming up with practical solutions, the more in demand you’ll be.
  • Communication: Software developers frequently communicate with others. Strong communication abilities are therefore crucial. 
  • Flexibility: Open-minded and adaptable engineers are eager to accept new notions and ideas. This way you realize that even if a new strategy doesn’t work, you still learn from the experience. Additionally, it improves your ability to collaborate with others, making you a better colleague, and open up more job prospects for you.

3. Collaboration and networking

It takes more than just developing your technical expertise or gaining additional experience to advance your career. You also need to be aware of the social dynamic:

  • Find a mentor: Think about asking a mentor for assistance. A more seasoned, professional programmer is able to assist you, offer you career guidance, and perhaps even put you in touch with influential individuals in the business.
  • Attend social meetings: Join groups and frequent meetups to become active in your community. Simply by going, you enhance your own brand, and you’ll probably pick up something new in the process.
  • Join forces with others to work on side projects: Consider reaching out to nearby software engineers and working together on a few side projects. In addition to enhancing your own creativity, it’s a great opportunity to see how other people work.

4. Set goals

Maybe one of the most important keys for succeeding. Setting goals for yourself and developing a future work vision are vital first steps. How does one “improve their career”? What particularly are you looking for?

You need to visualize the route  and map it out. Establish short-term objectives, dates, and a clear path of reachable benchmarks. Moreover, making a chart outlining your current situation and three future stages of your life is extremely useful.

It’s easier to keep the process grounded if you remain realistic within the limits of your capabilities. Setting realistic, doable goals that are supported by a timetable that holds you accountable gives you something to fight for. Furthermore, you still have a ton of room in your strategy once you’ve established your bigger objectives. Break down those bigger concepts into smaller objectives that are achievable by carrying out particular tasks. Consequently, the addition of these new checkpoints to your plan encourages action and builds momentum.

5. Develop your brand

It’s hard to make any career progress unless you’re actively marketing yourself, the same way you market a product or a business.

The most effective methods to get you there include:

  • Invest in your professional portfolio: Put your mind to it. The majority of hiring managers for software developers are interested in your actual skills; a degree or certification alone does not mean that you are qualified for the position. Therefore, display the software you’ve developed in the past, and keep your portfolio updated with your most recent projects.
  • Develop your differentiators: There are countless numbers of software developers worldwide. So what makes you the better candidate for a job at a company? Find your distinctive qualities. Do you wish to focus on developing AI, for instance? Do you possess a unique ability to solve challenges that others lack? Do you have expertise that few others can match?
  • Create your own personal brand: Create and sell your personal brand, which is the brief, packaged image of you that you wish to use to stand out in the job market. On social media and a personal website, you need to showcase your abilities, knowledge, expertise, and even personality. This way, you get more visibility and status the more you network and participate in software development groups.

The career path of a software engineer can take many different turns and typically takes time to complete. You have plenty of time to develop your abilities, widen your contact base, and finally land the job you want. It’s simply a matter of time if you work hard.

To achieve the success you want, you must put effort into it, make plans for it, and try to become a better version of yourself in every way. Your perseverance will pay off, and you’ll find that both your profession and your personal development are advancing.

Are you currently seeking to amp your tech career? We’ve got the opportunity for you! Check out our open positions.

About ITJ

ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.