Skills Gap a 'key Hurdle for Asia-Pac firms'
The tech skills gap is affecting organizations around the world. According to a new survey by PwC, Industry 4.0: Building the Digital Enterprise, companies in the Asia-Pacific intend to expand their suite of digital offerings in the coming years but a shortage of skills is a key hurdle.
The data for the survey came from a poll, conducted between November last year and January, surveyed more than 2,000 senior executives from industrial products companies in 26 countries across Europe, the Americas, the Asia-Pacific, Middle East and Africa.
Over 80 per cent of those polled globally, and 82 per cent in the Asia-Pacific, expect data analytics will have a significant influence on decision-making processes in five years' time. But respondents said the absence of a digital culture and the right skills are major hurdles to making operations more digital.
PwC findings said that 'Getting there won't be easy. Companies will need robust data analytics capabilities; that will mean making significant changes. They will need to focus on developing the people and culture to drive transformation." To download the PwC report Industry 4.0: Building the Digital Enterprise click this link.
Read the whole article 'Skills Gap a 'key Hurdle for Asia-Pac firms' which was written by Chai Yan Min and published in The Straits Times.
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