When compared to the same month in the previous year, the percentage of pharmaceutical companies hiring for positions related to the IOT Market decreased in October 2022, when 14.3% of the companies in our analysis hired for at least one position related to the internet of things.

This latest figure was higher than the 12.4% that were hiring for jobs related to the internet of things in September 2022, but it was lower than the 17.3% that were hiring a year ago.
In terms of the percentage of all job openings that were linked to the internet of things, related job postings held steady in October 2022 compared to September 2022, accounting for 0.3 percent of newly posted job advertisements.

This latest figure is the lowest for a month in a year and is the same as the 0.3% of new jobs advertised in the same month last year that were linked to the internet of things.

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One of the topics that GlobalData, the source of our data for this article, has identified as a significant disruptive force for businesses in the coming years is the Internet of Things. It is thought that businesses that excel in these areas and invest now are better prepared for the business landscape of the future and can handle unexpected challenges.

Pharmaceutical companies are currently hiring for IOT Market jobs at a lower rate than the average for all companies in GlobalData's job analytics database, according to our analysis of the data. In October 2022, the average across all businesses was 0.9 percent.

The job analytics database maintained by GlobalData keeps tabs on the day-to-day hiring practices of tens of thousands of businesses worldwide. It takes in open positions as they become available and assigns them additional layers of information, such as the seniority of each position and the degree to which a position is connected to broader trends in the industry.