What? While jobs have become a scarce commodity in some sectors, this is not the case for the technology sector.

So what? Europe, the Middle East and Africa (EMEA) have seen significant growth in the technology industry as customers are investing in technology while they remain sensitive to spend elsewhere.

Much of the growth in the sector has been attributed to recent developments in the cloud computing market. Online computing magazine computing.co.uk notes that cloud computing has been heralded as a way for businesses to reduce capital expenditure but still remain competitive in meeting their customers' needs and providing staff satisfaction.

While some companies are moving towards new technology, others are showing their commitment to organic growth.

Oracle recently announced that it would be looking to hire 1,700 new staff across Europe, the Middle East and Africa. Oracle is on the look-out for graduates, senior sales staff and pre-sales consultants, among others. Alan Hartwell, Vice President, Technology Solutions, Oracle UK, said:

"This is an exciting time for Oracle. Hiring 1,700 new colleagues will help to support growth across all lines of our EMEA business and reflects the demand which exists for our end-to-end provision of hardware and software which is designed and engineered to work together ...".

In recent years, technical courses at universities across EMEA, such as computer science and maths, have lost some ground to arts courses and humanities. This is exactly the kind of motivation needed to reignite interest in the technology sector and to attract fresh new talent. As more options become available, companies will need to present more attractive incentives to retain the best talent.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.