Even as businesses acknowledge the importance of cloud solutions and big data, many are still struggling to understand and exploit the full potential of both domains for their businesses
27 August 2014, Asia Pacific – Decision makers and learners in Asia Pacific are demanding more training in the areas of cloud solutions and big data according to online learning solutions provider Skillsoft.
To understand how cloud solutions and big data are driving the industry, Skillsoft embarked on a survey across 13 countries in Asia Pacific, reaching more than 650 decision makers and learners from 300 large and medium-sized organisations spanning 20 sectors.
The study titled "Leveraging the Power of Big Data & the Cloud" revealed that while organisations in the region recognise the value that cloud solutions and big data have in driving significant business impact, they lack clear directives in maximising the use of these assets.
Desire for more Training in Cloud Solutions and Big Data Among Both Learners and Decision Makers
Reduced costs were cited as the top benefit of cloud solutions among decision makers, with 68% keen to have more training for cloud solutions. The demand is even higher at 75% for learners who are hungry to improve their knowledge and skills; with 57% stating that training would enable them to perform better at their role, and 65% stating that training in this space would contribute to their own career advancement.
While decision makers and learners both displayed in-depth understanding of cloud solutions, both groups reported low levels of understanding of big data, particularly in the area of executing a big data-driven initiative. It is clear that both segments require greater education and training in this area, with 67% of decision makers and 75% of learners in agreement.
Glenn Nott, Vice President and General Manager, Asia Pacific at Skillsoft says businesses risk losing their competitive edge in an increasingly tech-savvy workforce if they continue to ignore the need for training in both areas.
"With more than 70% of learners polled looking for more training on cloud solutions, companies need to start taking stock of their existing learning programmes, and look to implement more relevant and engaging training. There is an urgent need to raise levels of understanding and equip employees with the right skillsets in order to maximise ROI and business impact."
Budget Constraints a Key Concern
One of the key reasons for the lack of investment in training programs is budget constraints. While 54% of decision makers are currently investing in cloud solutions, 21% of them cited budget availability as a key issue. Budgeted spend is also limited, with only 22% of decision makers allocating between 1-10% of their budgets to cloud solutions training.
Budgets related to big data have been slow to mobilise, with only 39% of respondents planning to allocate less than 10% of their budgets to training in the next year. This is in spite of the fact that business intelligence is ranked as the greatest benefit by 62% of decision makers and 39% of learners, indicating a huge opportunity for organizations to make more data-driven and insightful decisions.
Mr Nott says that decision makers need to move beyond viewing cloud solutions and big data as primarily offering operational benefits, but as a tool to provide a competitive edge.
"Investing in proper training and education will ensure that employees are equipped with the knowledge and skills they need to effectively manage cloud and big data solutions. More importantly, effective learning programs will empower the team with the confidence, insight, and creativity needed to spot business opportunities through these assets," said Mr Nott.
"Organisations in Asia Pacific are lagging behind the United States and Europe when it comes to successfully adopting cloud and big data solutions and they risk losing their competitive edge in a global marketplace. Organisations need to step up and invest in training and identification of required skillsets to maximise use of these solutions," said Mr Nott.
About the report
13 markets across the Asia Pacific region are represented in the study: Australia, China, Hong Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The survey also includes data from more than 650 decision makers and learners from 300 large and medium-sized organizations across 20 sectors in Asia Pacific.
To view the full insights, download your complimentary copy of the report here. Specific country reports for Australia and New Zealand, China and India are also available.
Skillsoft is a pioneer in the field of learning with a long history of innovation. Skillsoft provides cloud based learning solutions for its customers worldwide, ranging from global enterprises, government, and education to mid-sized and small businesses. Skillsoft's customer support teams draw on a wealth of in-house experience, flexible delivery platforms and a comprehensive learning e-library to develop off-the-shelf and custom learning programs tailored to cost-effectively meet customer needs. Skillsoft's courses, books and videos have been developed by industry leading learning experts to ensure that they maximize business skills, performance, and talent development.
Skillsoft currently serves over 6,000 customers and more than 19,000,000 learners around the world. Skillsoft is on the web at http://www.Skillsoft.com.
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