This report identifies key demand-side trends in the digital talent space, helping enterprises fine-tune their talent transformation strategy. It consists of key technology and talent-related trends, insights, and enterprise challenges in this space based on Avasant’s assessment.
With rapid digitalization, enterprises are creating a high demand for digital skills in areas such as cybersecurity, cloud computing, data science, and AI/ML. About 43% of organizations increased their spending on AI by more than 25% in 2022, leading to a surge in demand for AI-related skills. The introduction of generative AI is leading to the emergence of new job roles within AI and data, such as prompt engineers, large language model architects, and data curators and trainers. The demand is further enhanced by global capability centers ramping up hiring to access skilled talent in locations like India. This is shifting the enterprise focus toward skills-based talent recruitment and development, wherein hiring and training parameters change from qualifications to skills. The Digital Talent Capability 2023–2024 Market Insights™ aids enterprises in identifying important market trends and insights into the digital talent space.
The industry insights and recommendations presented are based on our ongoing interactions with enterprise CXOs and other key executives, targeted discussions with service providers, subject matter experts, and Avasant Fellows, along with lessons learned from consulting engagements.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–7)
Demand-side trends (pages 8–17)
Key contacts (Page 18)
Read the Research Byte based on this report.
Please refer to Avasant’s Digital Talent Capability 2023–2024 RadarView™ for detailed insights on service providers and supply-side trends.
Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.
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