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Global economic growth is being negatively impacted due to continuing IT skills gaps. 70% of global IT industry faces a shortage of necessary IT skills (rising to 75% in North America), resulting in product and market development delays and the slow deployment of critical projects.In North America, the average salary difference between a certified and non-certified IT professional is $15,913—a 22% difference. In EMEA, the difference is over $3,anizations around the world face challenges in acquiring the skills necessary to adopt new technologies. Cloud computing and cybersecurity skills gaps account for 67% of hiring concerns.Skill GapsValue of Training70% of the global industry faces a shortage of necessary IT skills (75% in North America)Of those who do not currently have skills gaps, 25% believe one will emerge in 12-24 months40% of IT decision-makers say skills gaps are caused by a lack of trainingClosing IT skills gaps:62% will train existing workforce16% will hire new talent16% will hire a contractor or consultant38% cite budget constraints88% of IT staff worldwide took training last year, the highest percentage that have taken training in our 11 years of the report.59% of organizations offer formal training but only 46% of decision-makers authorized training for their team members78% say formal training is effectiveWhy do people train?78% build new skills47% prepare for certification / exam31% prepare for different jobCertifications MatterMethods to Keep Skills Current89% of global IT industry is certifiedBenefits to organization:51% say meets either client or stakeholder requirements42% close organization skill gaps38% say certified individuals perform work fasterBenefits to individuals:40% perform job faster38% said expertise is more sought after30% implement new system efficiencies64% Self-paced / On-Demand e-learning – preferred by IT decision-makers 42% Informal session at work37% Instructor-led training in specialist classroom36% Formal session at work32% Live instructor-led online session23% Subscription-based courseCan’t Get No Satisfaction70% of professionals who didn’t take any training were more likely to be dissatisfied with their jobs Unsatisfied IT professionals are 5 times more likely to seek a new position in the next 12 monthsSkills gap effects on organizationHiring Challenges62% increased stress on employees44% difficulty in meeting quality objectives41% delays in developing new products or services65% experiencing a hiring challenge38% is in cybersecurity29% is in cloud computing31% can’t pay what candidates demand ................
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