IDC explored the impact that Digital Transformation (DX) will have on job skills and emerging roles within an enterprise organization. DX-related job roles focus on extracting and developing the value and utility of information, making business operations more effective and accelerating workforce transformation.
More than 1 billion jobs, almost one-third of all jobs worldwide, are likely to be transformed by technology in the next decade, according to OECD estimates. By just 2022, the World Economic Forum estimates 133 million new jobs in major economies will be created to meet the demands of the Fourth Industrial Revolution.
“The problem continues to be exacerbated by the speed of technology development, with the most sought-after skills seemingly more difficult to come by, creating a real global skills dilemma and causing those unemployed to lose confidence, in turn pushing up underemployment and reducing wage pressure, as well as output.”
“Roughly three-in-ten adults with household incomes below $30,000 a year (29%) don’t own a smartphone. More than four-in-ten don’t have home broadband services (44%) or a traditional computer (46%). And a majority of lower-income Americans are not tablet owners.”
The outlook for future employment growth remains positive. Cyberstates projects the base of U.S. technology occupation employment will grow to 8.6 million by 2026. Retirements will put even more pressure to meet the need for tech talent, according to CompTIA.
Globally, employee engagement is low, and has been low for at least the last two decades. The latest Gartner Global Talent Monitor finds that only 32% of employees globally report high levels of intent to stay and only 14% report high levels of discretionary effort day-to-day.