Only 20% of Indian Business Leaders Believe their Workforce has Skills Needed to Work with Advanced Technologies like AI: Accenture Research
Although the vast majority of Indian organizations believe that advanced technologies will be crucial for future growth, few plan to increase their training investment significantly in the next few years, thereby limiting their ability to harness the potential of advanced technologies such as artificial intelligence (AI), according to new research from Accenture.
Accenture’s Future Workforce Study, based on a survey of 1,100 workers across skill levels in India and a survey of 100 senior executives in India, found that while 69 percent of the senior executives agreed that adopting intelligent technologies will be critical to their organization’s ability to differentiate in the market, none said their organizations plan to increase their training investments over the next three years. This, despite 59 percent of the executives identifying skills shortages as a critical hindrance to future growth.
At the same time, the vast majority of workers expressed the need for training, with 93 percent saying it will be important to learn new skills if they are to work with intelligent technologies in the next three to five years, and even more (95 percent) saying they believe that AI will help them do their job more efficiently.