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Tech-wide layoffs and the volatile demand for cloud talent availability

Published: March 31, 2023

Migrating to the cloud and adopting other tech principles has had a significant impact on companies outside of the tech industry. For example, one utility company experienced a 40% surge in contract volumes and managed to launch a new digital customer-service channel on the cloud six times faster than originally planned because technology leaders knew how to spot and remove key cloud delivery hurdles.

John Deere has used advanced automation to help minimize the grains lost during harvest. Levi Strauss underwent a digital transformation to boost and improve process times and innovation. And there are many more companies who are migrating to cloud, digital, and other technologies to improve the way they do business.

The most challenging barrier for non-tech organizations undergoing cloud migration is talent. Shortages have continued to climb, resulting in companies falling behind in adopting emerging technologies, like the cloud. 

“The ongoing push toward remote work and the acceleration of hiring plans has exacerbated IT talent scarcity, especially for sourcing skills that enable cloud and edge, automation and continuous delivery,” said Yinuo Geng, research vice president at Gartner.

IT executives see that the lack of talent availability has been the most significant barrier to the adoption of 64% of emerging technologies, like the cloud. This number is up from 4% in 2020. More than cost or security risk, the talent shortage has been the most significant challenge. Finding qualified people, training them, and migrating your business to the cloud is no easy task, but it’s becoming more and more necessary for industries to move forward. 

New opportunities are on the horizon. With the hundreds of thousands of layoffs happening, the talent pool is opening up like never before.