How Training can bridge skills shortages
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There is already a shortage of skills in the IT industry, the pandemic situation is making matters even worse. Though training can bridge skills shortage especially during pandemic times when 76 percent of IT decision-makers now say they face critical gaps in their departments.

According to Skillsoft, a digital learning company in research released today mentioned the gaps in the technical knowledge and skills over the past year and a half that have impacted decision-makers. With 89 percent of them reporting a loss in revenue, while 76 percent reported a loss of business to competitors, and 72 percent about declining customer satisfaction as a result of it. 

Skillsoft’s report mentions 55% of demand for training has increased year on year with the number of learners on its Percipio platform and a 45 percent increase in total hours of learning consumption.

Jeffrey R. Tarr, CEO of Skillsoft said, “The nature of work — and consequently the nature of the workforce — has evolved at a rapid pace. Digital transformation, a global pandemic, and a changing workforce have caused companies to rethink how they conduct business and the talent required to innovate, meet customer needs, and exceed employees’ expectations.”

He further added, “Where there is change there is an opportunity, and this disruption is driving workplace reinvention and a heightened need for learning. Competency is the new currency, and by creating cultures of learning and development where every team member has access to the tools needed to develop new skills and succeed, employees and businesses alike can achieve their full potential.”

IT and technology-related subjects remain the most popular courses. They make up 40 % of the top 20 courses. While security courses take the second and third spots. 

Year on year, Skillsoft has seen a 30% growth with nearly 4 million more users accessing the security-related content in Percipio.

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