As we enter into the new year 2021 and you all very well aware that the previous year was not good for all of us. We expect that the new year can be better than the previous year, but how we will make this year better than the previous year. For the sake of change, we need to consider the existing needs and shortages of every sector. We need to understand which market is changing day by day, we need to move our attention to digitalization so everyone now knows that skills are important than money or investment. We should take a constructive attitude to our choices. A constructive strategy ensures that you are still able to fight any crisis before complications emerge. For this strategy, we can consider what kind of challenges or shortages we face in 2021. If we know the shortages before that, we will work best on the shortages. In this post, I’m outlining some of the shortages that we’re going to face in the current year.
Global Cybersecurity Shortage: Around 3.12 Million workforce shortfalls in 2021
More than half of the world’s population is connected to the Internet. Countless new businesses emerge every day that use the strength of the internet to market their products and services. In response, cybercrime is now at an all-time peak, generating a need for cybersecurity specialists. Unfortunately, the supply of professional labor did not meet the demand. The Atlas VPN team found that the global cybersecurity employment deficit was 3.12 million in 2020 and we faced a lack of staff in 2021.
The U.S. was at the top of the list with the biggest cybersecurity deficit in the workforce (359,236 jobs unfilled). The U.S. also has the largest number of data security experts available (879,157). APAC has the highest cybersecurity workforce deficit with 2.04 million job vacancies in cybersecurity. Australia requires 27,192 workers to occupy the vacant vacancies. Latin America’s area accounts for 17 percent of the global employment deficit and has about 527,000 job openings unfilled, while Mexico needs 96,594 cybersecurity professionals.
Growing Demand for Data Science
According to the Royal Society, 58,000 data science jobs are generated every year in the United Kingdom alone, and we have experienced a lack of data science staff in 2021. Britain faces “explosive demand” for data science expertise, and the curriculum system has to adapt to keep up. The market for data scientists and data engineers has tripled over the last five years, growing by 231 percent. That’s a lot faster than work listings in the UK overall, which grew by 36%. Various areas have seen varying growth rates, from 79% in Wales to 269 percent in the North West and 563 percent in Northern Ireland. On average, wages for these positions amount to £64,376, up 22 percent during the same timeframe. There is a strong demand for people with data science experience, with sector experts widely sought after across organizations, from government agencies to technology start-ups.
AI will add 15.7 Million by 2030 but AI jobs posted by IT is still less than half of that stemming from other business units
Artificial Intelligence (AI) is no longer a science fiction subject. Technology is now transforming several markets, all of which affect you regularly. According to one report, AI added $2 trillion to global GDP last year. By 2030, that may be as much as $15.7 trillion, making it the greatest commercial opportunity in today’s fast-changing economy.
Over the past four years, the greatest demand for applicants with AI expertise has come not from IT divisions but other business units within organizations. According to the Gartner survey, the number of AI workers reported by IT was less than half that of other offices, suggesting that recruiting policies had not kept pace with demand in the AI labor market.
Source: GARTNER
Gartner Talent Neuron data reveals that, while the IT department’s need for AI talent has tripled between 2015 and 2019, the number of AI workers on IT is only less than half that of other business units.
Peter Krensky, research director at Gartner said:
“High demand and tight labor markets have made candidates with AI skills highly competitive, but hiring techniques and strategies have not kept up”
Insufficient cloud IaaS skills will delay migrations
Insufficient cloud infrastructure as a service (IaaS) functionality will postpone half of enterprise IT organizations’ conversion to the cloud by two years or more by 2022. Today’s cloud transformation techniques aim more to “lift-and-shift” than to modernize or refactor. However, lift-and-shift ventures do not develop native cloud expertise. This creates a competition where service providers cannot train and certify people fast enough to address the demands of trained cloud practitioners.
To resolve the complexities of this labor shortage, businesses seeking to shift workloads to the cloud can partner with managed service providers and SIs who have an established track record of successful relocation within the target market. They must therefore be able to measure and contribute to the projected costs and future savings.
Summary
Now you all are very aware in which direction or path you should follow according to the demand. As the world face workforce shortages in cybersecurity, data science, and AI. Right now, these fields are in high demand, there are 4-years programs or short certifications available in the market to learn these skills. Before choosing any field as a career, we should also consider which field is in demand and which field is everlasting. According to me, Cybersecurity, Data Science and AI are highly-in demand skills and it will remain highly in-demand minimum for 10 years. Our Education departments should also change their focus towards these fields and initiate valuable programs to meet the demand.
