CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Skills shortage (Skills gap) stories

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UK tech employers shift hiring focus from universities to skills
Today
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digital transformation
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ai
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higher education
UK tech firms are shifting hiring from prestigious universities to focusing on graduates' practical skills to fill growing technical and soft skill gaps.
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UK SME leaders remain cautious on growth, AI & EU expansion
Last week
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ai
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skills gap
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brexit
UK SME leaders show cautious optimism with a slight confidence rise, yet worry over AI adoption, Brexit competitiveness, and EU market expansion in 2025.
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Agentic AI drives productivity & innovation across Australia
Last week
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digital transformation
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cx
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martech
Agentic AI is boosting productivity and innovation across Australia, helping firms tackle skills shortages and accelerate development in multiple sectors.
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Industrial Strategy hailed as digital, skills & supply chain reforms urged
Last week
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semiconductors
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digital transformation
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cartech
The UK’s new Industrial Strategy launches, but leaders urge urgent reforms in digital, skills, and supply chains to boost growth.
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Forrester warns AI costs to surge from USD $2.3bn to USD $13.8bn
Last week
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digital transformation
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genai
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ai
Forrester forecasts global generative AI spending to soar from USD $2.3bn in 2023 to USD $13.8bn in 2024, urging firms to optimise escalating costs strategically.
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Organisations lag in AI policies & skills as workplace use surges
Last week
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ai security
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risk & compliance
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genai
A global survey reveals 81% of staff use AI at work but only 28% of firms have formal AI policies, highlighting a critical gap in skills and risk management.
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Cybersecurity staff face silence over breaches amid AI threats
Last week
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network infrastructure
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ransomware
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cloud security
A Bitdefender report reveals 58% of UK cybersecurity staff face pressure to hide breaches amid rising AI-driven attacks and growing skills shortages.
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Australian firms face surge in AI cyber threats amid skill gaps
Last week
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malware
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firewalls
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ransomware
Australian firms report a sharp rise in AI-powered cyber attacks, with over half facing more complex threats amid cybersecurity skill shortages and limited budgets.
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Exclusive: Penguin Solutions eyes growth in Australia’s edge computing
Last month
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firewalls
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edge computing
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breach prevention
Penguin Solutions is expanding in Australia, boosting ultra-resilient edge computing for critical sectors like transport, mining, and finance.
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Businesses embrace AI but lack training & infrastructure for growth
Last month
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digital transformation
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ai
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productivity
A global survey reveals that businesses are rapidly adopting AI but struggle with training and infrastructure, hindering growth despite high optimism and planned investments.
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DataSentinel appoints Peter Ward to boost Australian services
Last month
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data analytics
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data science
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genai
DataSentinel has appointed data expert Peter Ward as Strategic Advisor to strengthen its Australian services amid rising demand for specialist data analytics.
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C-suite divisions slow GenAI adoption due to security worries
Last month
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digital transformation
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edge computing
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iot
NTT DATA report reveals C-suite divisions hinder generative AI adoption, as security worries and unclear policies alarm many CISOs globally.
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Australian public sector ramps up GenAI amid security, skills gap
Last month
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virtualisation
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digital transformation
Australian public sector rapidly adopts generative AI, with 94% using it, but faces challenges in infrastructure, security, and skills development for success.
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Automotive cybersecurity grows as smart vehicles face new threats
Last month
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digital transformation
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supply chain
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data privacy
As vehicles become smarter and more connected, the automotive cybersecurity market grows rapidly to combat rising threats and protect road safety.
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Asia Pacific enterprises shift to genAI spend amid AI cloud push
Last month
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saas
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data protection
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data analytics
Asia Pacific firms are shifting AI budgets towards generative AI, focusing on boosting productivity and customer experience amid a move to AI-native cloud strategies.
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UK workers overwhelmed as AI adoption outpaces support & training
Last month
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digital transformation
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hcm
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ai
Research shows 71% of UK workers feel AI tools are advancing faster than they can learn, causing anxiety and highlighting a need for better support and guidance.
Skills gap
Exclusive: How ‘essential’ internships are easing Australia’s tech skills shortage
Last month
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ai
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internships
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digital strategy
Australian universities and tech firms are partnering on immersive internships to bridge the 1.3 million tech skills gap by 2030 and boost job readiness.
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USQ, Fortinet partner to boost cyber skills with free training
Last month
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firewalls
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network security
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advanced persistent threat protection
The University of Southern Queensland partners with Fortinet to offer free cyber security certifications and training, boosting skills amid Australia's digital skills shortage.
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5 mission-critical moves Canadian CIOs can make to navigate uncertainty
Last month
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dr
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digital transformation
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supply chain
Canadian CIOs must reduce technical debt, harness AI, boost cyber resilience, manage third-party risks, and inspire cultural change to navigate ongoing uncertainty.
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Siemens launches microcredential to bridge skills gap in engineering
Last month
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digital transformation
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iot
Siemens launches 'Expedite - Skills for Industry', an online microcredential to equip engineering students with practical skills and boost employability.