June 17, 2022

55% of the 872 IT decision makers surveyed expect to increase their investment in analytics skills over the next 12-18 months. The figure that marks a leap from 44% in last year’s study continue to stress the fact that data-focused initiatives will remain a top priority for IT executives.

To bridge the skills gap and concerns about poor data quality and data governance/ security issues, IT executives will spend an average of $13.3 million over the year on analytical services, training, and consulting.

According to the Foundry report, hiring qualified data specialists and upgrading existing IT staff will be a major effort to close the skills gap.

For new and emerging data technologies, 83% of IT executives prioritize self-service tools to provide better data access. To achieve this, four out of ten IT executives plan to recruit talent with the skills to provide analytics training to non-technical personnel.

Data analytics remains a top objective for many companies, but according to CompTIA, organizations are targeting three areas, including data infrastructure, data security, and database administration.

The sources for this piece include an article in CIODIVE.