According to the European Employment Services, commonly known as EURES, there's currently a surplus of skilled professionals specializing in information technology and building technology within Hamburg. As for Munich, there's a surplus of professionals skilled in technical production planning and control, along with building technology. The abundance of technical talent in the two cities will be the driving force behind innovation.
Let’s explore the four IT roles that are fueling innovation in Hamburg and Munich.
Machine Learning Engineer
A machine learning engineer creates computer programs that can learn from data and make predictions or decisions based on that learning.
The machine learning market in Germany is projected to grow by 36.08% by 2030. ML engineers will be highly sought after across industries, particularly in the automotive manufacturing, finance, and healthcare sectors.
Ways They’ve Helped Innovate
The Technical University of Munich (TUM) has a research division devoted to artificial intelligence and machine learning. Researchers at the institution published a project that explored a new method called deferred neural rendering that blends traditional graphics with smart learning techniques, like neural textures, to improve image quality. The end goal was to make computer-generated images look super realistic with the help of machine learning.
Data Scientist
A data scientist analyzes large amounts of data to uncover insights and make informed decisions for businesses or organizations.
Employment opportunities for data scientists witnessed a 200% increase over the last 5 years in Germany. Not surprising, considering data is now recognized as the world’s most valuable resource. Although, data itself lacks inherent value, it's the insights and knowledge obtained from it that are immensely valuable. That’s where data scientists come into play, helping to transform raw data into actionable insights.
Ways They’ve Helped Innovate
According to a recent study by Bitkom Research and KPMG, approximately 60 percent of German companies have already managed to either reduce risk, reduce costs, or increase revenue through the use of data science (including ML and AI).
Cloud Architect
A cloud architect designs and manages cloud computing infrastructure to help organizations store, process, and manage data and applications.
The public cloud market in Germany is projected to grow by 8.56% until 2028. The expansion of the cloud market will create new opportunities for cloud architects, who play a crucial role in designing and implementing scalable and secure cloud infrastructures for businesses of all sizes.
Ways They’ve Helped Innovate
German businesses are using public cloud services to help their remote teams collaborate, store data, and exchange sensitive documents in the aftermath of the pandemic. Cloud architects are key in expanding market reach and making it easier for teams in different places to work together by connecting different cloud systems.
Digital Forensics Analyst
A digital forensic analyst collects and analyzes digital evidence to investigate cybercrimes and security incidents.
An alarming report from Comparitech revealed that 52% of German businesses suffered six or more cyberattacks in 2024. As cyberattacks become more prevalent, the demand for digital forensics analysts is expected to rise. The 220% surge in IT security job openings between 2017 and 2021 in Germany is indicative of the growing demand for cybersecurity professionals.
Ways They’ve Helped Innovate
The Hamburg University of Applied Sciences is a higher education and applied research institution. They have a Cyber Block Forensics team focused on the detection of transaction patterns for known blockchains to better classify addresses. The algorithm will help classify and deanonymize cryptocurrency transactions on the blockchain for enhanced security and identity detection.
Final Takeaway
Despite predictions from experts at the German economic institute (IW) that the economy will stagnate for the rest of 2024, the innovations emerging from these four technology roles in Hamburg and Munich have the potential to inject prosperity into the greater economy.
In light of these promising innovations, it's worth exploring the idea of expanding your IT team to fully capitalize on the expertise these four technology roles possess. Let GECO be your partner in that endeavor. Contact us here to connect with our experts proficient in finding skilled technology talent for your unique project requirements.