An ICT taskforce, setup to find solutions to the shortages, has recommended the sector work with universities to promote the industry.

Argy agreed with the recommendation, saying collaboration will increase the attractiveness of the industry.

"We would like to see industry and the tertiary sector work closely; there needs to be targeted initiatives to attract young people," he said.

"[The taskforce] is also suggesting that we look for alternative sources of suitable people, such as high school leavers, as well as expanding recruitment models to include cadetships and traineeships," Nairn said, adding that importing skilled workers and forming partnerships are viable options.

Argy noted that skill importation is the last option, failing alternative measures.