Massive layoffs by tech companies have put more than 125,000 people back into the job market, but it has not made a dent in the IT skills shortage. According to workforce analytics firm CyberSeek, the global tech worker shortfall now stands at about 3.5 million people, with 68 workers per 100 job openings in the U.S.
Widespread migration to the cloud hasn’t eased the tech shortage, either. Think about it: Companies may need fewer IT professionals, but cloud providers need more. And cloud providers and other tech giants can afford to pay these pros more and offer better career opportunities than organizations in other sectors.
These forces are having a very real effect on organizations’ IT strategies. In a recent survey, two-thirds of organizations said a lack of skilled IT staff hindered their ability to leverage key technologies, including analytics, automation and edge computing. A number of organizations have reported that they’re consolidating systems and performing forklift upgrades of their IT infrastructure because they can’t find enough people with the right skill sets.
To avoid falling behind and potentially crippling your business, you can outsource IT operations to a managed services provider or hire additional staff. Each option has benefits depending upon your requirements.