- Most companies are worried about a looming skills gap. The vast majority (94%) of executives cite a “moderate” or “severe” digital skills gap. Financial services and manufacturing had the largest enterprise-wide skills deficits, while healthcare and retail survey participants were concerned with department-specific shortages
- Cyber-security and web/mobile development are the most important digital competencies today. “Big data” will top the list by 2018
- Internal opposition to creating new digital jobs is cited as a hiring obstacle by 49% of respondents. Older workers are more resistant to digital transition than their younger colleagues, the survey shows: 80% of companies face internal resistance to digital transition of processes and work among older members of the workforce
- Over one-third of companies (37%) believe that digital workers have no desire to work in their industries, a problem particularly acute in retail, at 43%
- Companies are finding skills gap “workarounds”. Companies are seeking solutions beyond conventional hiring. Of all respondents, 55% have embarked on digital training of existing staff, while 47% of companies outsource digital functions.
- Digital skills gaps vary considerably across industries, depending on how digital is reshaping their commercial landscape. Retailers are primarily concerned with smart-product development and web and mobile, as customers expect to research, view and buy goods on an array of platforms. Financial services firms, by contrast, are mainly worried about having adequate cyber-security skills to defend themselves against hackers, while manufacturers struggle with a big data skills gap as they try to produce efficiently in the Industry 4.0 era.