How big is the digital skills crisis?

  • USD $11.5 Trillion of GDP growth forecast to be lost over the next 10 years if G20 countries cannot meet new skill needs;
  • In excess of 1% of global GDP growth to be lost every year due to skill shortages.
  • European Commission figures show that around 37% of workers in Europe don’t have even basic digital skills;
  • The world economic forum estimates that more than half (54%) of all employees will require significant reskilling by 2022.
  1. Technology is now accelerating at an ever-faster rate;
  2. Technology (and digital skills more broadly) are now critical to an ever-higher proportion of job roles.
  • Demand for the 14 skills grew at an average of 32% over 5 years to 2018;
  • Digital Building Blocks are becoming critical to all organisations and industries beyond traditional tech fields;
  • Business Enabler skills are required to realise value in markets when customer-centricity is a key indicator of business success.
  • ‘Human Skills’ are increasing in importance as we move from a knowledge economy to an innovation economy;
  • Demand for the skills is not confined to the IT or ‘digital’ sectors with growth across all industries.

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Bridging the digital skills gap by connecting leading companies and universities to deliver industry relevant programs.

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