Originally posted on Data Center POST
Big consulting firms like Deloitte and large tech companies like IBM tout the ability to leverage AI and analytics workforce management, also referred to Human Capital Management (HCM). Optimizing workforces for the digital era is not just for large companies, it is becoming increasingly critical in today’s rapidly evolving career landscape. As companies strive to maintain competitiveness and efficiency, the challenge of optimizing their workforce to meet new demands and leverage technological advancements is growing in importance. And let’s face it, the digital infrastructure industry, in particular, has a number of significant hurdles. These hurdles include skills shortages, rapid technological changes, and the need for continuous upskilling and certification.
In order to be able to compete more effectively, companies large and small must adapt to and anticipate future trends across their workforce.
Workforce development is such an important factor that studies continue to highlight the importance for businesses. In a 2023 Professional Services Maturity Benchmark report by Deltek, which refers to the issue as Human Capital Management (HCM) solutions, notes that onboarding new hires has increased by an average of 10 days. The report also cites that guaranteed annual training days have also increased to more than 10 days annually. Companies that implement HCM solutions offer structured training programs and personalized learning paths to ensure employees continuously develop their skills.
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