Concentrations of high-level information technology (IT) skills in various regions worldwide can be tapped to provide expertise and overcome constraints in local talent pools for companies concentrated in a region or market and multinational companies, says local industrial enterprise resource specialist company SYSPRO CHRO Terence Moolman. A shortage of high-level IT, analytics and Internet of Things (IoT) skills is expected worldwide, with about 66% of the global population falling behind in terms of available skills. Developing countries are forecast to have a 90% shortage of such critical skills over the next few decades as economies, industries and societies become digital.
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