{"id":5087,"date":"2015-01-07T07:00:21","date_gmt":"2015-01-07T15:00:21","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=5087"},"modified":"2014-12-01T09:36:58","modified_gmt":"2014-12-01T17:36:58","slug":"it-talent-insight-into-technology-among-executives-is-low","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/it-talent-insight-into-technology-among-executives-is-low\/","title":{"rendered":"IT Talent: Insight into Technology Among Executives is Low"},"content":{"rendered":"

While IT technology is regularly transforming and changing rapidly, it’s increasingly difficult for the IT workforce to keep pace with the changes in technology. \u00a0In particular, there is increasing demand for workers with skillsets and knowledge related to technologies like cloud computing, big data, analytics and mobile.<\/p>\n

Mike Ettling<\/a>, President, HR Line of Business, SAP,\u00a0said that<\/a>\u00a0“in the next six years, every business will need to address new ways of working, communicating, collaborating, and innovating. And it\u2019s not just millennials changing everything \u2013 it\u2019s all of us. We see it in the technologies we use; how we communicate with each other; and what we expect as consumers, employees, and, most of all, human beings.”<\/p>\n

A report by\u00a0Oxford Economics on behalf of SAP <\/a>found that millennials in the workforce, as a group, tend to be the most tech savvy. \u00a0But the percentage of non-millennials, particularly those in management, lacked a solid understanding about new technology. \u00a0The report found that only 15-20 percent of American and Canadian executives claim any proficiency with these technologies today. \u00a0In three years time, that’s expected to reach only 44 percent.<\/p>\n

John Hiscox<\/a>, vice-president of human capital management at SAP, said that “the key is deriving insight from information and business leaders need to be setting the expectation for using analytics and moving the enterprise from a cap ex model to an op ex model. \u00a0Skills in these key technologies are not critical in the executive level but leaders need to understand the potentials because they are the ones driving the agenda.”<\/p>\n

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While IT technology is regularly transforming and changing rapidly, it’s increasingly difficult for the IT workforce to keep pace with the changes in technology. \u00a0In particular, there is increasing demand for workers with skillsets and knowledge related to technologies like…<\/span><\/p>\n

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