IT skills gaps are derailing digital transformations, leaving businesses at risk of disruption. By reshaping hiring processes, implementing upskilling strategies, and adopting a skills-first mindset, IT organizations can better help the enterprise thrive. Credit: fizkes / Shutterstock To weather disruption, resiliency is essential, but building a culture that is capable of adapting to a constantly changing technology landscape is challenging given escalating skills gaps today. According to a survey from SAS , only 47% of executives view their organization as resilient despite 97% agreeing that the trait is vital to business. Additionally, 46% said they are “not fully equipped to face disruption” especially when it comes to data security and technology innovation. Some of this can be attributed to a growing skills shortage, especially in emerging technologies such as AI, generative AI, NLP, and machine learning. In a report on enterprise resilience and IT skilling strategies , IDC predicts that by 2026, 90% of organizations worldwide will “feel the pain of the IT skills crisis,” ultimately costing businesses upwards of $5.5T due to delays, quality issues, and revenue loss. Organizations that make a shift toward a skills-based mindset will be better positioned to close that skills gap, proponents argue. […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
