However, there is a large supply gap, with 63% of CEOs worried about the lack of talent to stay competitive in the digital age. As firms compete for digital superiority, they must take a grass-roots approach to understanding the skills gap in the existing teams, according to Farida Gibbs, CEO and Founder of professional services firm, Gibbs Hybrid.
Farida commented: “As the demand for people with digital skills increases, many firms make the mistake of hiring IT experts without first understanding what they need for tech advancement.
“With so much technology out there, it is difficult for firms navigating change to cut through the noise. Having access to ‘ready-made’ digital teams as needed allows firms to tap into the right expertise. It’s almost like having a menu where they can pick and choose a PROJECT team which will be best able to cater to their specific business requirements.
“Forty five percent of IT projects go over budget. Having these agile teams will allow firms to deliver successful outcomes when it comes to driving innovation their business. Firms can stay competitive and keep up with the digital age, taking advantage of on-demand digital teams to cut costs, mitigate risk and accelerate change.”