"For the remainder of 2012, we expect that ICT economic activity will be sustained by the continuation of initiatives begun in late 2011 and early 2012. We'll also see continued confidence in the financial and insurance industries, which are significant employers of ICT.

"In light of shorter contracts and the expected completion of a number of projects, new projects will become increasingly important to maintain existing employment. We do expect that there will be a drop in the number of employed ICT workers, albeit from a relatively strong position," Mills said.