IDC predicts growing IT skills shortfall in Europe
Despite the wave of recent IT redundancies the skills deficit continues to grow at approximately 20,000 per year, says research from IDC.
Regardless of vendor redundancies brought about by the US economic slump, the IT industry is still facing a massive skills crisis.
According to figures compiled by IDC, Europe needs an additional 200,000 IT workers. This number is expected to increase to 550,000 by 2004. The shortfall continues to grow at approximately 20,000 per year, despite the recent spate of IT layoffs.
The escalating demand for skilled IT human resources is being fuelled by Europe’s move to B2B solutions as organisations streamline their operations. IT expertise is needed across the board to design, build and maintain the hardware and software to power the knowledge economy.
According to IDC statistics, the majority of recent redundancies have come from the non-IT sections of companies. Any tech-skills that are released by the vendors are being snapped up quickly.
Germany is facing the largest deficit of human resources. The research body claims that Germany has approximately 70,000 specialised networking vacancies on offer. This number is expected to hit 200,000 in 2004.
Banks, industrial companies and retailers are going to be the businesses worst hit by the continuing shortfall in skills.