Findings show that 38% of 18-34 year olds believe that AI will be doing at least 50% of their job within the next ten years, with 61% stating it will take at least 25% of their job.
It shows that UK businesses in particular are losing data skills to fuel growth and drive performance, with 92% of employees working with data believing that there is a skills gap in their workplace, with 82% having no training in AI use.
Lacking data skills is holding back businesses transformation
Recognising how important it is to maintain a skilled and resilient workforce is vital within AI sectors, as companies need to remain resilient to stay ahead of an ever-evolving industry.
Corndel surveyed 300 senior data leaders and 1,500 employees who work with data tasks, as part of its report. It found that over a third (35%) of data professionals believe that the biggest impact of the data skills gap in their organisation is reduced efficiency and productivity.
Almost half of senior decision-makers in data roles believe that a lack of data skills is holding back their organisation’s business transformation, with 37% identifying data literacy as a significant barrier to economic success.
The report shows that nearly half of senior decision-makers within organisations believe that a lack of data skills is holding back their business transformation. As much as 82% of employees have had no AI training which reveals a lack of adequate training.
It is clear that data-driven leadership leads to greater successes and better AI use cases, yet the Corndel report suggests that many are struggling to meet the mark. Their survey suggests that 92% of employees who work directly with data tasks believe that there is a data skills gap in their organisation, with 32% of data professionals reporting a large gap.
This has also signposted increased risk of errors within the workplace, as well as higher levels of stress among employees and missed growth opportunities for a business. Ultimately, it is clear that limited staff training or experience within the AI field could cause other key risks and threats to organisations.
The need to implement skills development programmes
Four in ten employees surveyed by Corndel found that a lack of time allocated for learning and skills development is a major challenge in keeping up with evolving data skills and knowledge within their organisations. These employees also cite struggles in maintaining up-to-date knowledge, insufficient support from work and limited access to relevant resources as key obstacles to success.
The research also found that over half of those working in data roles (53%) believe ‘on the job’ workplace training and experience is the best solution to eliminating the data skills gap, while four in ten said access to online training (43%) and more access to data analysis tools and software (39%) would best solve the issue.
James Kelly, CEO and co-founder of Corndel, said: “Our research shows that many UK organisations are struggling to embed the data skills needed to fuel growth and drive performance. Nearly a third of employees who work with data say they aren’t confident in understanding, analysing and drawing insights from data, which is a major concern in today’s business environment.
“Only by implementing continuous skills development programmes to support lifetime learning among employees, as well as investing in technology and data infrastructure, can organisations empower their employees to leverage tech and data knowledgeably, confidently and effectively, to fuel transformative change and drive successful performance.”
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