Insights

Software Graduates That Universities Produce Annually

The ~2,000 software graduates that universities produce annually does little to meet the growing demand HongKong has limited access to S/W engineering talent pool, capped at ~15,000 installed software engineers with ~1,100 engineers equipped with ML/ Data science skills.

This shortage along with other factors such as increased real estate costs, are driving the rising cost of software talent in Hong Kong. BFSI emerge as top employers of ML talent skills largely for optimizing and automating backend banking operations. HSBC is among the top employers of S/W talent mainly in the areas of financial risk management.