Tech skills are evolving as they are embedded across job roles, but to what extent are organisations investing in the inventory of skills for their workforce? EY India’s report, Tech skills transformation: navigating the future of work in 2025 and beyond considers the in-demand tech skills, their strategic and functional impacts on organisations, and approaches to remain competitive as the future of work transforms.
Tech skills
Application developers and business app users are in high demand among 76% and 62% of organisations surveyed. The shortage of application development skills is higher in the US and Europe compared with India.
Skills complexity
Increased complexity of tech skills is forcing companies to revamp their talent for the future. Positions such as software developer, IT engineer and function-specific non-technical roles have evolved into ‘power’ software developer, ‘power’ IT engineer and business application ‘power’ user roles respectively.
Of those surveyed, 81% said that they had low availability of ‘power user/developer’ tech skills.
A total of 28% of organisations believed that they would need to revamp tech skills for a third of their talent base by 2025 to stay competitive.
Organisational readiness
Companies are investing in developing real-time visibility into the organisational inventory of skills.
In total, 19% of organisations surveyed have built skill taxonomy while 43% have initiated skills benchmarking at an employee level.
The future
As technology adoption evolves in the workplace, tech skills have become essential for unlocking productivity both at an individual and corporate level. To keep pace, organisations need to prioritise their skills inventory across business functions and job roles.
More information
Read EY India’s report, Tech skills transformation: navigating the future of work in 2025 and beyond
Read our article, What does India’s talent want?
Read ACCA’s report on talent trends in India
