Skills for Data: How to Overcome Skills Gaps and Develop Competent Data Professionals

The latest European Data Market study (SMART 2016/0063) demonstrates that the demand for data professionals is expected to grow with 8.7% in the next 5 years, while in 2019 there were an estimated six million data professionals in the EU27.

However, still as a result of a shortage of skills, digital transformation initiatives in Europe are often delayed by 8.1 months on average, and for every second company, the skills gap has had a substantial impact on both revenue creation and the ability to deliver products and services to the market. According to the latest IDC research, the overall lack of skill will result in an annual loss of €188 billion for European organisations as a whole.

This Story is the result of the research done on the great divide between the digital skills and the data workforce in the EU. It demonstrates through five case studies, each of which offers a unique and cross-sectoral perspective from the private sector, examples on how to develop data-driven professionals and thus enable European business success.

Read the full study here.