Skills Gap, The Key Problem In Enterprise IoT

by CXOtoday News Desk    Sep 07, 2017

IoT

The development and deployment of IoT is a new phenomenon spreading over every industry in every part of the world. Yet, the IT skills needed to innovate and manage the technology are in short supply, said a study conducted by Vanson Bourne and backed by UK-based communications company Inmarsat.

Of the 500 IoT technology professionals surveyed, just 20 percent said that they “had all the skills they needed” to effectively implement the IoT projects which their companies have undertaken.

“Organizations are working more collaboratively than ever, using external partners in multiple ways to plug the gaps to deliver IoT successfully. Reliable network infrastructure providers that can operate anywhere in the world need to work closely with end-user businesses to make sure they understand their operational needs,” states the study.

Shortages in the fields of data security, analytical data science and technical support are acute, the study highlighted.

That is resulting in a lot of outsourcing and partnerships. Only 15 percent of respondents said that they would solely develop and deploy their IoT solutions. Others (74 percent) are looking to join hands with external partners to go ahead with their IoT initiatives.

“Developing new technology is complex and draws on many different types of skills and experiences,” informed the researcher. “Reliable network infrastructure providers that can operate anywhere in the world need to work closely with end-user businesses to make sure they understand their operational needs.”

IoT is the leading technology in the digital transformation that is storming through businesses the world over. Machine learning, robotics, automation, 3D printing, artificial intelligence and augmented reality can only bring significant value when they are guided by the most accurate data possible, noted the study.

Above 90 percent said they plan to use such technology within the next couple of years.

According to the study, Innovative companies with sector-specific knowledge need to draw in a network of specialist organizations and work with their customers to ignite innovative new ways of doing things better.