Is upskilling the obvious answer to the IT shortage?
Training and Development

Is upskilling the obvious answer to the IT shortage?

The digital skills shortage is real, with demand for skilled professionals continuing to dramatically outweigh supply. According to Capgemini, 51 per cent of firms say there’s an absence in hard digital skills in their organisation, and the UK government states that the digital skills gap currently costs the economy £63bn ($82bn) a year.

As it becomes increasingly difficult for businesses to find the talent they need, the importance of upskilling existing staff should not be overlooked – something which sadly seems to be the case today.

“Our research reveals that only 46 per cent of business’ training and development is focused on new market technologies such as AI and data analytics,” says Chris Ducker, senior director of Sungard Availability Services. “With these technologies promising to fundamentally change all industries, why is this not higher? Companies need to invest in their employees, giving them the tools to drive forward a more digital future.”

What training initiatives are needed to develop IoT professionals? Check out: IoT skills set to rise in importance

It is important to note, however, that many of the latest requirements – and associated skills – are just coming to light in recent years, and it can take companies time to mobilise around new upskilling and retooling initiatives.

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Keri Allan

Keri Allan is a freelance journalist and editor who has been covering the engineering and technology sector for over 15 years, writing for titles including E&T Magazine, The Engineer and Arabian Computer News.

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