Skills shortage stories - Page 24

Nearly half of UK business leaders view themselves as AI experts, yet 22% cite a skills gap as a key hurdle, hindering wider AI adoption in the workplace.

The Chief People Officer role is evolving from HR lead to strategic partner, blending people, technology, and business to drive growth and innovation.

UK cyber leaders criticise Budget for lacking dedicated cybersecurity funding, risking economic growth and resilience amid rising cyber threats.

The UK Budget's frozen income tax thresholds and push for AI in public services are driving cautious consumer spending and a rapid digital shift in retail and government.

Small businesses in the UK and Ireland face confusion and lack confidence in adopting AI, citing skills gaps and need for clearer guidance, research reveals.

Kyndryl launches AI-driven services to enhance automation and decision-making in IBM Z mainframe systems for finance, telecoms, and healthcare.

The UK's industrial resilience hinges on cyber security and STEM skills to secure critical infrastructure and safeguard national sovereignty amid digital threats.

UK and Ireland firms prioritise cybersecurity, AI adoption, and sustainable IT strategies as they gear up for evolving digital workplaces in 2024.

UK tech consultancies face a hidden workforce crisis as thousands of skilled consultants remain underused, impacting margins and national productivity ahead of the Autumn Budget.

In 2026, AI underwriters boost insurance efficiency but human expertise remains crucial to ensure safety, accountability and nuanced decision-making.

Pibit.AI has raised USD $7 million to expand its AI-driven underwriting platform, boosting automation and speeding up insurance risk assessments.

Amid rising visa hurdles, 23% of UK STEM employers report losing skilled workers abroad, threatening future growth in vital science and tech sectors.

Quantum error correction is now the chief challenge in the global quantum computing sector amid rising investments and acute talent shortages.

Automation can tackle talent shortages in finance by cutting repetitive tasks, making roles more engaging amid new European e-invoicing mandates.

UK investment banks lost GBP £2.4 million to IT outages last year, with each event lasting 68 minutes on average and hitting customer trust and finances.

UK tech consultancies waste GBP £3.06 billion annually on idle IT skills despite widespread talent shortages affecting 81% of businesses.

UK consultancies lose over GBP £3bn annually as thousands of IT experts remain idle despite widespread digital skills shortages, says BenchBee analysis.

Organisations must prioritise building digital skills in-house through AI-powered learning to close widening gaps and thrive by 2026 amid rapid tech change.

The UK life sciences sector faces stalled investments as skills shortages persist, risking growth despite calls for increased government-funded training and modern tech.

TechDay sat down with Casey West, Lead Developer Advocate at Google, to discuss how AI is impacting developer communities and much more.