By The Numbers: How Upskilling Fills The IT Skills Gap
Search Cloud Computing, Wednesday, May 21st, 2025
IT leaders should not underplay the impact of the IT skills gap. Over 90% of organizations worldwide will feel the pain of the gap by 2026, amounting to $5.5 trillion in losses.
The widening IT skills gap presents significant challenges, reverberating through organizations with poor ROI, lower employee morale, slow projects and out-of-reach business objectives. Most organizations can expect $5 trillion in losses from a lack of skills by 2026, according to IDC's "Enterprise Resilience: IT Skilling Strategies, 2024" report.