The information technology industry is evolving at an unprecedented pace. In the last decade, the industry has witnessed tremendous growth and development. However, it still lags when it comes to women in technology. Reports reveal that the IT industry has a remarkably higher rate of sexual discrimination compared to other industries. One of the major reasons for the lower number of women in tech is gender stereotyping. Lack of role models also creates challenges for women to pursue in the tech world.
Undoubtedly, there is a need for strategic efforts to promote women in technology. Collaborating with them in every step an organization takes could be an obvious solution for business growth. This will not only impact businesses’ bottom lines but also there will be diverse thoughts and ideas in the workforce. Moreover, higher gender diversity within a team brings better returns and also lower volatility.