Displaying items by tag: tech skills

GUEST RESEARCH:  AI has seen a meteoric rise in adoption in Australia in recent months, and it shows no signs of slowing down. With clear benefits across all industries and stages of business maturity, leaders have high hopes for the technology. However, Australian businesses are facing challenges on two fronts: the digitalisation of companies is moving too fast for many decision-makers, and skilled workers are in short supply.

COMPANY NEWS: A survey of Australian C-suite executives and finance professionals commissioned by BlackLine, a leading provider of financial controls and automation software, has revealed that just 36% of CFOs are confident that their finance function has the skills required to help their organisation grow and adapt over the next five years.  Furthermore, 61% of C-suite respondents believe Finance and Accounting (F&A) is failing to keep up with other areas of the business when it comes to digital transformation.

A degree may no longer be enough in the eyes of an employer as organisations prioritise technical and soft skills to further their business transformation goals, according to new research which reveals that hiring managers forecast it will be more challenging to find qualified professionals in the coming five years - despite 68% of the Australian population holding a qualification.

The Turnbull Government has updated the occupations lists — including for chief information officers and chief executive — for a range of temporary and permanent skilled visas, but StartupAUS says there is still significant work to be done in bringing the skills list into line with the current needs of young tech companies in Australia.