India ranks highest in Digital Talent erstwhile the industry is migrating and the gap widens

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LinkedIn released The Digital Talent Gap research that captures key trends and changes in the digital talent gap landscape, the most in demand digital skills and roles, and some of best practices to recruit, develop, and retain digital talent.

Some examples of the core Digital skills are Cybersecurity, Cloud Computing, Analytics, Web-development, Mobile Application Design and Development, Big Data and Data Science.

As the world moves towards Automation, these skills are quickly becoming redundant while they are in demand current in the highly technological landscape.

The research analyzed digital talent in three ways:

  1. Hard digital skills (such as data analytics)
  2. Soft digital skills (such as comfort with ambiguity) that constitute a "digital-first mindset" and are necessary for a successful digital transformation
  3. Digital roles that have been created as a result of digital transformation activities within an organization or the emergence of disruptive technologies

Here are some key highlights from the global survey:

The digital talent gap is widening - Sixty-four per cent (64%) organizations in India cite a widening talent gap over the past few years. Globally, 54% of the organizations agreed that the digital talent gap is hampering their digital transformation programs and that their organization has lost competitive advantage because of a shortage of digital talent.

The digital talent landscape - India ranks highest in proportion of digital talent at 76%, followed by Italy at 66% and Spain at 65%. Among industries, Automotive (64%) and Consumer Products (63%) have the highest proportion of digital talent globally.

Roadblocks for existing talent - Globally, employees worry that their skills are either already redundant or soon to become so. In India, 49% believe that their current skill set will be redundant in the next 4-5 years and 34% believe that this will happen as early as the next 1-2 years. Among the employees surveyed globally, 47% stated digital skill development to be a key reason to switch to a new organization.

Digital talent migration - India, the United Kingdom, and Germany have the largest supply of digital talent per 10,000 total members in the country. For every 4 digital talent moving into India, 10 move out of the country. US (47%), UK (14%), UAE (6%) are the top countries from which digital talent is migrating to India. Moreover, US (50%), Australia (8%) and UK (8%) are the top three countries to which talent from India is moving to.

Methodology:

Capgemini in collaboration with LinkedIn surveyed 753 employees and 501 executives at the director-level or above at large companies with reported revenue of more than $500 million for FY 2016 and more than 1,000 employees. The survey took place from June to July 2017, and covered nine countries—France, Germany, India, Italy, the Netherlands, Spain, Sweden, the United Kingdom, and the United States and seven industries— Automotive, Banking, Consumer Products, Insurance, Retail, Telecom, and Utilities.
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