The IT skills gap presents a critical challenge for CIOs, leading to revenue losses and operational setbacks. A recent survey reveals that 98% of respondents prioritize training and skills development, yet many organizations still struggle to create impactful programs. IDC predicts the global IT skills gap could cost companies $775 billion by 2022. Training efforts often focus on limited areas, missing key in-demand skills. Additionally, 56% of employees lack sufficient opportunities to practice new skills. Addressing these issues with targeted reskilling and upskilling strategies can help organizations close the gap and drive success.

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