Business technology is evolving quicker than ever before. And the skills gaps in IT and cybersecurity are widening – fast.
The demand for advanced IT jobs far exceeds the number of qualified workers available to fill these positions. More than half of large companies report an increasing skills gap in their organization – causing problems like declining productivity, lower profitability and slower speed to market of new products.
If you want to keep up with rapid developments in cybersecurity, software development and cloud computing, investing in IT training for your current staff is not just an option. It’s a necessity.
As the world’s largest independent IT training company, New Horizons surveyed more than 1,5 IT professionals and decision-makers to determine the most pressing IT training priorities in 2019 and beyond.
The 2019 State of IT Training report helps business leaders and IT professionals better grasp the challenges, opportunities and skills gaps facing the IT industry.
Download the report now.
Why Does IT Training Matter?
Most people would agree that training IT teams on new technologies sounds important. But only 36 percent of companies believe their IT training strategy is effective.
From 2017 to 2018, training expenditures in the United States decreased from $93.6 billion to $87.6 billion. A lack of adequate IT training can increase employee turnover and hurt productivity and innovation. Consider these statistics:
- 60 percent of organizations don’t have a formal strategy in place to address the IT skills gap.
- Employees who feel like they can’t grow and develop in their company are 12 times more likely to leave.
- Half of IT staff members struggle to find relevant training that meets their specific needs in their role.
Download the free 2019 State of IT training report to learn the IT challenges your peers are facing.
Comprehensive IT training is more critical than ever. Businesses that don’t implement rigorous IT training risk losing touch with modern technology developments – and subsequently falling behind the competition.
Technology impacts every aspect of a business, from data security to improving customer relationships to keeping internal operations running smoothly. Shortcomings in technology skills can mean serious trouble for your operations.
So how do you offset the growing skills gap and ensure your team’s expertise stays ahead of the curve? IT training is your best bet.
Is IT Training Worth the Cost?
IT training is an investment.
Some companies dismiss training opportunities because they fear employees might take those skills elsewhere. But not training your IT staff comes with an even bigger price tag: failed projects, inefficiency and low morale.
Providing IT training opportunities to staff has countless benefits, including:
- Increased job satisfaction and motivation
- More efficient processes
- Lower turnover costs
- Better retention rates
Training existing IT employees is the most cost-effective way to stay in touch with new technologies that drive business growth. Companies that offer training stipends or formal training programs can attract and retain quality talent and reduce turnover costs.
Training is also essential for closing the skills gap. By offering consistent training to your entire IT staff, you ensure your team is prepared to execute complex projects and implement new technologies with ease.
The long-term benefits of a skilled, trained workforce drastically outweigh the monetary costs. Trained IT employees can work more productively, solve problems faster, manage preventative maintenance and recommend new technologies that drive your business forward.
The 2019 State of IT Training Report
There are many types of IT training to choose from, and not all are created equal. So how do you choose the best and most cost-effective training methods for your business?
In the 2019 State of IT Training report, you’ll discover:
- How organizations like yours manage IT
- The most pressing challenges IT departments face
- The most effective IT training methods
- How companies select IT training
- The most popular technology training in 2019
Download the 2019 State of IT Training report and explore what you can do to future-proof your workforce or career today.