View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
August 30, 2017

Global skills shortage threatens IoT success – report

46% of global businesses are facing a deficit of staff with experience in analytics and data science.

By Ellie Burns

The IoT is the latest in a long line of tech disciplines at risk from the ever-growing skills shortage, with businesses worldwide jeopardising the success of their IoT deployments and the security of their data.

A new survey from Inmarsat has identified that a significant proportion of global enterprises lack IoT skills, with 76% of those surveyed needing additional staff at a senior, strategic level with the necessary skills for IoT deployments.

A further 72% identified a shortage of staff with management-level experience of IoT deployments, and 80% lacked skills in the hands-on delivery of IoT solutions, to ensure that the solutions work as intended.

The skills shortage threatening IoT success also extends to specific technical disciplines, with 60% of respondents requiring additional staff experienced in cybersecurity to handle the vast quantities of data generated by the IoT. Tibco bolsters IoT analytics offering with Statistica acquisition

In addition, 46% identified a deficit of staff with experience in analytics and data science and around half (48%) lacked the technical support skills needed to make their IoT projects successful.

“There is a clear recognition by organisations from all industries that IoT will play a fundamental role in their digital transformation and in their ability to achieve competitive advantage,” said Paul Gudonis, President of the Inmarsat Enterprise Business Unit.

“But for that to happen businesses need to have the correct skill sets in place, and, as our research demonstrates, many currently find themselves without the skilled staff required for this transformation, and unable to take advantage of the potential that IoT solutions offer. Unless this skills deficit is properly addressed, there’s a risk that IoT projects will fail and that businesses will open themselves up to new security threats, putting an unwelcome brake on innovation.”

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

The key to the skills shortage, according to Mr Gudonis, is in upskilling existing staff while hiring new staff to fill in gaps in internal skillsets.

“Longer term, the focus needs to be on establishing strategic partnerships with IoT specialists. With economies of scale on their side, specialist partners can help businesses overcome their skills bottlenecks and make their IoT deployments successful,” Mr Gudonis said.

Topics in this article : ,
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.