1How the Skills Gap Is Threatening the Growth of App Economy
Companies more and more are seeing the value in becoming a software-driven enterprise. But a skills shortage is threatening the growth of the so-called app economy.
2Skills Gap Tops Concerns
The CA Technologies survey found that the skills shortage is the largest concern—37 percent of respondents—amongst senior business and technology executives dealing with application strategy.
3App Economy Changes Hiring Strategies
In an effort to become more software-driven, companies are growing more aggressive in their hiring strategies. Fifty-seven percent of respondents said the drive toward the app economy will impact their hiring strategies.
4Key Skills for the App Economy
Four must-have skills for the app economy are data science, DevOps, collaboration and APIs.
5Software Needed
As software continues to “eat the world,” as Web pioneer and entrepreneur Marc Andreessen said, more companies are bringing software development in-house and acquiring companies to add software talent.
6Data Science Most Difficult Skill to Acquire
Although data science is the most sought-after skill, according to the survey, finding other top skills— including social media, programming and development, DevOps and analytics—is also no easy task.
7Lack of Skills Impeding Progress
Forty-two percent of respondents to the CA Technologies’ survey said the paucity of skilled workers could present a major obstacle to their competitive positions in their markets.
8Innovative Approaches to Recruitment and Training
Businesses are taking new and different approaches to acquiring software talent, including establishing technology centers in technology- and talent-rich areas.
9Cultural Change
Companies are changing their business culture to be more effective in the app economy by doing things like improving processes and enhancing collaboration between business units.
10Government Assistance
The government provides opportunities for training a new crop of tech workers, including supporting and funding Science, Technology, Engineering and Math (STEM) programs, IT security programs and education reform.
11Gaining a Competitive Advantage
Seventy-eight percent of respondents to the CA Technologies survey said they believe that becoming a software-driven business will lead to a competitive advantage over rivals. However, the threat of a skills shortage looms large.
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