FOREWORD
The far-reaching impact of digital skills investments
“ ALTHOUGH THE TALENT SHORTAGE AND DIGITAL SKILLS CRISIS BOTH POSE VERY REAL THREATS , THERE ARE CLEAR SIGNS THAT , WITH THE RIGHT STEPS IMPLEMENTED , A POSITIVE CYCLE
CAN BE INITIATED ”
DATACENTRE MAGAZINE IS PUBLISHED BY
Beyond a business-level understanding , investing in the advancement of digital skills has the scope to significantly benefit entire economies
From the perspective of an organisation , the benefits of investing in the digital skills of the workforce are largely apparent – especially given the current talent shortage threatening the data centre industry .
But recent research has shown that the impact of these investments is much more far-reaching than may be initially expected . According to Gallup and AWS research , investing in advanced digital skills could raise annual global GDP by US $ 6.3tn each year .
Findings revealed that digital skills generate income and revenue premiums for both individuals and industries , with advanced digital skills alone – such as cloud architecture and software development – potentially raising annual global gross domestic product ( GDP ) by an estimated $ 6.3tn each year .
What ’ s more , the results consistently show that digital skills provide immense economic value to businesses and workers worldwide , boosting revenue growth , innovation , wages , job security , and job satisfaction .
So , although the talent shortage and digital skills crisis both pose very real threats , there are clear signs that , with the right steps implemented , a positive cycle can be initiated .
JOSEPHINE WALBANK editorial @ bizclikmedia . com
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