Upskilling in a Data-Driven Workforce

Organizations across the globe have recognized the need for digital transformation to compete in the current business environment. Gartner reports that less than 50% of business strategies reference data skills as a vital factor for supplying organization-wide value. According to Mike Rollings, Research Vice President at Gartner, “leaders need to look at data first to succeed in their digital initiatives, rather than treating them as an afterthought to help with ad hoc projects.”

Upskilling has become imperative. According to the World Economic Forum, 54% of existing employees will require considerable reskilling and upskilling by 2022. Of those requiring new skills, 35% will need additional training of up to 6 months or longer. Several organizations are now realizing the importance of upskilling and reskilling employees to cope with the demanding and changing landscape of employee roles and practices. However, there is also a huge delay when it comes to reinvesting in employees for many others.

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