The gig economy in the UK has grown by around 14 per cent in the past few months alone. It is a flexible working model where freelancers are hired to adapt to changing business requirements. According to the latest ONS Labour Market figures, the number of self-employed people between July and September this year increased by 213,000 to 4.79 million, equating to 15.1 per cent of all people in work.
Digital is becoming the backbone of many businesses and talent is a key component to executing digital strategies. Investment in contractors has increased, as the IT skills gap has widened. Digital trends such as Mobile technologies, Big Data, IoT, Cloud Computing and Cyber Security are shaping the workforce of a business. Digital disruption is encouraging business leaders to seek digital contractors who have the deep domain knowledge and skills set to bring new products and services to market faster.
Businesses are increasingly turning to digital as a way to find new revenue streams and drive business growth. Insufficient investment within the workforce holds back innovation and development. Technology is constantly evolving and businesses need a team who are always at the forefront of the latest innovation.
CEO and Founder of Gibbs S3, Farida Gibbs comments: “In order to digitally transform, businesses need to create a culture of innovation which can be delivered by building agile teams to manage digital projects. By outsourcing digital projects you have access to the best skills and experience on the market, allowing you to stay ahead of the curve.”
Farida continues: “Acquisition of talent has become more fluid and flexible. Businesses have a dynamic workforce which can scale up and down according to different business requirements. Digital has changed the business model and we are seeing that technology is not becoming one aspect of business, but how business is being integrated into technology. Technology is encompassing all aspects of a company and is a driver of success. Businesses need to partner up with the right specialists to leverage the right expertise on an ad-hoc basis – when they want, where they want and how they want.”