The steep rise in recent years of IT skills gaps isn’t going to crest anytime soon. More training support is needed. Over one-third of organizations don’t allocate training funds, while 54% of IT decision-makers aren’t approving training. If these trends continue, skills gaps will rise even further.
According to a recent report from the International Data Corporation (IDC), by 2020, 90% of all organizations will have adjusted project plans, delayed product/service releases, or incurred costs due to lack of IT skills, with losses worldwide totaling $390 billion annually.1
Specifically, IDC determined that unskilled IT organizations are 40% slower to adopt the cloud and 80% less likely to experience benefits of digital transformation.1
This is all the more reason to make sure training is a major part of your 2019 plans. And realistically, that may require a culture shift within your organization. Technology is changing too rapidly—IT professionals can’t be expected to keep their skills up to date on the fly. Don’t think you can ignore, or just power through these skills shortages without the business suffering. These gaps are having tangible effects, such as increased stress on existing employees, difficulty meeting quality objects, delays in development and deployment, and loss of revenue. If you’re a decision-maker and your organization has allocated a training budget, make sure you follow through and approve training for your team. Don’t make excuses—skills gaps will cost you.
Training is the antidote to skills gaps. Key areas where training is needed must be identified. You can’t do this without a plan. Select the training and IT certifications that will have the most meaningful impact for you or your department. We understand that IT budgets are tightening, so making sure you select the right training, and training provider, is essential. If you’re allocating part of your budget for formal training, you can’t afford to swing and miss.