Communications of the ACM
Skills Shortage and Recession Fears Could Halt Tech Investment
Forty-four percent of respondents say their digital platforms fail to do justice to the quality of their product or services.
Credit: Getty Images
An independent survey of more than 750 U.K. businesses found that a "damaging" skills gap and economic uncertainties will prevent a majority from making improvements to their digital platforms in 2023.
Forty-six percent of decision-makers said their businesses planned to update, refresh, or completely recreate their websites, apps, or customer-facing tech, but 65% lack the skills to do so, and 48% report a "damaging" lack of digital skills within their business. Worries of a recession, high inflation, and rising interest rates will hold back 65%.
"With tight budgets and limited internal expertise, businesses must be extremely savvy in the way they plan and execute digital projects next year," says Studio Graphene founder Ritam Gandhi.
From Studio Graphene
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