A lack of cloud skills could cost companies money

A poll from Europe finds two in three IT decision makers say their organization is losing out on revenue because their firm lacks specific cloud expertise.

The report, compiled by cloud hosting provider Rackspace and the London School of Economics, polled 950 IT decision makers and 950 IT pros and found nearly three quarters of IT decision makers (71 percent) believed their organizations have lost revenue due to a lack of cloud expertise. On average, this accounts for 5 percent of total global revenue, no small amount of money. 

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Also, the survey found 65 percent believed they could bring greater innovation to their company with “the right cloud insight.” And 85 percent said greater expertise within their organization would help them recoup the return on their cloud investment.

Almost half (46 percent) of IT decision makers said they find it hard to recruit the best talent to manage their organization’s cloud projects. The survey found migration project management, native cloud app development, and cloud security are among the skills companies are struggling to find qualified people to hire. Other challenges include competition for talent, an inability to offer competitive salaries, and difficulties in providing sufficient career progression and training.

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