- The push across corporate America to adopt advanced tech like artificial intelligence is well underway, but finding the talent necessary to support the pivot is increasingly difficult.
- Instead of competing in a tight labour market, companies are turning to their existing workforces and spending billions of dollars to upskill employees on the most in-demand tech jobs.
- The goals vary by company, but ultimately organisations are hoping to teach workers to use AI, big data, and other tools in their everyday jobs to improve performance and even bolster work-life balance.
- Business Insider regularly interviews executives about their company’s upskilling efforts. You can read them all by subscribing to BI Prime.
Companies are aggressively pursuing digital tools that have the potential to completely revamp operations and even lead to potential job losses (or job gains, depending on the expert providing the insight).
But finding the talent necessary to support the adoption of artificial intelligence, automation, and other next-generation applications is increasingly difficult. That struggle is poised to get even worse as even more advanced tech like quantum computing becomes more mainstream.
Instead of competing in a tight labour market, companies are trying to retrain their existing workforces to use the technology. Amazon, Microsoft, Deloitte, PricewaterhouseCoopers, and other corporate powerhouses are investing billions of dollars to teach workers the skills to manage and use big data, better visualise information, and use AI to simplify the more mundane aspects of jobs, among other pathways.
Business Insider is tracking the efforts to learn where and how companies are investing their money, and provide insight into how organisations can successfully manage the significant undertaking.
Tour KPMG’s new training facility:
KPMG’s new $US450 million training centre gives 800 employees access to free food from 8 different kitchens, a wine bar, and over 44 miles of bike paths. Here’s an exclusive look inside.
A key way Deloitte is scaling its tech training across the workforce:
How Deloitte is spending $US2 billion to train 4,000 workers on the hottest tech jobs of 2020
Why professional-services companies are rushing to reskill workers:
These are the billion-dollar programs KPMG, Deloitte, and PwC plan to use in 2020 to retrain thousands of employees on the hottest new tech
How to prepare for the skills that will dominate the digital revolution:
AI specialist will be the hottest tech job of 2020. These are the skills you’ll need – and the roles that are hiring right now.
The non-tech skills that are also poised to define the digital era:
The 3 most important executive hires all companies need to make in 2020 if they’re serious about digital transformation
What top companies are looking for in tech applicants:
How to get a job as a software engineer at Salesforce, and what to expect during the interview process
How the C-suite can prepare for the retraining push:
A Columbia dean says corporations need to create a ‘chief reskilling’ officer to help anticipate the workforce of the future. Here’s how the university is preparing its students.
Where corporations are looking for upskilling help:
Amazon, Microsoft, and PwC are collectively spending billions to retrain workers. Meet the CEO of the education company helping them do that – and why he’s so confident in the method there’s a money-back guarantee.
Why the Swiss have the best apprenticeship programs:
The US has been facing the same employment problem since the 1920s, and now it’s looking to Switzerland for help
How IBM is preparing a workforce by equipping high school students with in-demand skills:
IBM helps run a public school in Brooklyn that could change the way we think about education – and it’s one of the only things both Trump and Obama support
Why Americans need to stop looking down on skills-based training:
The biggest hurdle to closing the American skills gap isn’t money or resources
How Siemens is creating training programs for those in jobs its tech is replacing:
The head of Siemens USA explains why it’s making open-source training programs available across industries, as it looks to benefit from a new age of automation
Why skills training will be necessary even for employees with elite degrees:
Labour leaders and executives agree that the traditional 4-year college degree isn’t enough to survive the ‘Fourth Industrial Revolution’ that’s happening right now
How Accenture has used AI to retrain more than 300,000 employees:
Accenture’s AI program ‘Job Buddy’ helps retrain workers who’ve lost jobs to automation, and it could be a game-changing model for other companies to follow