Why IT pros are racing against the clock in a tech-driven world

The speed of technological change presents major challenges for IT pros. The fast pace of innovation demands constant learning, yet many tech workers find themselves struggling to keep up.

A Pluralsight survey showed that half of current tech workers feel they are falling behind in keeping pace with advancements, and this challenge is not limited to those already in the field.

One-third of aspiring technologists—those eager to enter the industry—report difficulties in keeping up with the rapid pace at which technology is advancing.

The key challenge here lies in the volume of new technologies, as well as in the complexity and integration required in modern IT environments. For instance, software updates aren’t about simple patches anymore, but typically involve adapting to entirely new paradigms like microservices and serverless architectures.

This growing pressure adds to the already heavy workload many IT professionals face, leading to a widening gap between the skills they have and the skills businesses need.

Rapid evolution of technologies such as cloud computing, artificial intelligence (AI), and cybersecurity exacerbates this challenge. Workers are expected to master these fields quickly while continuing to manage legacy systems, which makes catching up nearly impossible without structured learning support.

Half of IT workers admit they’re struggling to stay relevant

The struggle to remain relevant in the workforce is real for many IT professionals. 50% of surveyed tech workers express concerns about their ability to stay current. This issue is further amplified by the continual influx of new tools, frameworks, and methodologies.

”Keeping up” means mastering these technologies, and often doing so with little formalized training from employers.

For aspiring technologists, the challenge is equally daunting. 33% of those aiming to enter the field feel overwhelmed by the need to learn at a pace that matches the speed of change. They face an uphill battle, trying to break into an industry that demands deep knowledge of complex systems like cloud infrastructure and AI, which are now considered foundational.

This struggle is seen in the growing demand for hands-on experience, which many job seekers lack. As a result, both new and experienced workers are often in a constant state of catch-up, trying to develop skills that are already in use by the time they are learned.

The 3 most critical tech skills to focus on now

  • Software engineering tops the list of critical skills for IT professionals. The ability to build, maintain, and scale software systems is foundational for nearly every industry, and as businesses digitize their operations, software engineers are needed to make sure these systems function seamlessly.
  • Cybersecurity is a close second. As businesses move more operations online, they become increasingly vulnerable to cyberattacks—heightening the demand for professionals who can safeguard company data, prevent breaches, and manage incident responses.
  • AI and machine learning are also high-priority areas, particularly for those looking to future-proof their careers. These technologies are driving innovation across industries, from healthcare to finance, and professionals skilled in AI are becoming critical.

Skill gaps are slowing down the digital transformation wave

The widening gap between available skills and business needs is having a tangible effect on enterprise initiatives. Many businesses are finding that their digital transformation efforts are stalling due to a lack of skilled in-house talent.

Key initiatives like generative AI deployments are often delayed because companies do not have the AI specialists needed to implement and manage these advanced systems.

Similarly, cloud migrations—which are key for scaling operations and reducing costs—are frequently postponed as IT teams lack the necessary expertise to manage multi-cloud environments or optimize cloud-based workflows.

Adding to this, the growing need for software upgrades is outpacing the availability of professionals who understand both legacy systems and modern development practices. As a result, businesses are forced to make trade-offs, slowing down their innovation cycles and often settling for outdated or inefficient solutions.

Generative AI, cloud, and upgrades stuck in limbo without skilled teams

The impact of these skill shortages isn’t theoretical. Specific projects—like deploying generative AI models that can streamline customer service or automate data analysis—are being held back because businesses cannot source enough qualified AI professionals.

Cloud migrations are another area where businesses are feeling the pinch. The complexity of moving entire infrastructures to the cloud requires a deep understanding of both the old and the new.Many IT departments lack the skills to manage this process efficiently, leaving companies reliant on expensive external consultants or delaying migrations altogether.

Likewise, software upgrades are stalling. Many organizations rely on outdated systems simply because they don’t have the talent to manage the transition to newer platforms—directly affecting their ability to compete in an increasingly digital marketplace.

Even with rising unemployment, tech talent is still in hot demand

Although IT unemployment rates have risen slightly in 2024, the demand for tech talent remains strong. There were over 500,000 open technology positions in the U.S. as of August 2024, according to CompTIA data. This shows that—despite shifts in the broader economic landscape—businesses are still eager to fill tech roles.

Demand is especially strong in areas like AI, cloud computing, and cybersecurity, where specialized knowledge is key to implementing strategic projects.

These positions span across industries, with companies from healthcare to finance and retail requiring skilled professionals to manage their digital transformation efforts. In many cases, the demand for tech workers outpaces the supply, leading to fierce competition for top talent.

How generative AI is driving the hunt for skilled IT workers

The rise of generative AI is surging the demand for IT professionals. Businesses are racing to integrate AI capabilities into their operations, driving an urgent need for workers who understand both the development and deployment of these systems.

From natural language processing models to AI-driven content creation tools, generative AI is becoming a standard tool in many industries.

While the overall growth of tech jobs has slowed in 2024, the share of AI-related roles has nearly doubled over the last five years, according to a CBRE report—pointing out how integral AI is becoming to business operations.

Companies aren’t only experimenting with AI anymore—they’re fully investing in it, and need a workforce that can handle the associated challenges, from model training to ethical deployment.

Upskilling and the fight to keep up

In response to these shortages, many businesses are focusing on upskilling their current workforce. Through providing employees with opportunities to learn new skills, companies aim to fill the talent gaps internally. The strategy is especially common in areas like cybersecurity, AI, and software development, where demand outstrips supply.

Business leaders, however, are still concerned about whether these upskilling efforts are enough. The speed of technological change often outpaces the training programs offered, leaving employees with skills that may quickly become outdated.

For instance, a worker trained in a specific AI tool may find that the tool is replaced or updated within months, rendering their new knowledge less useful. This has led to a sense of urgency, as businesses try to keep their workforce trained while keeping up with ever-evolving tech.

Why 75% of AI pros expect to change jobs soon

AI professionals are among the most sought-after workers in today’s tech job market, and many are rethinking their employment situations. According to a Dice report, nearly three-quarters of AI professionals expect to change employers within the next year.

High levels of anticipated turnover points out the competitive nature of the AI job market, where skilled workers can often command higher salaries or better working conditions by moving to a new company.

Adding to this, more than half of these professionals expect to improve their employment situation by the end of 2024. This could mean better pay, more interesting projects, or more flexibility in their roles.

For businesses, this trend poses a challenge: retaining top talent in such a dynamic market requires more than just competitive compensation. Companies must also offer clear career growth opportunities and invest in keeping their teams at the cutting edge of technology.

Final thoughts

As technology evolves at lightning speed, the question is whether your entire business can? Are you investing in the right skills, training, and talent to stay competitive, or will you find your brand playing catch-up in a market that’s leaving no room for laggards? Now is the time to ask: How equipped are you to face the future of tech-driven innovation?

Tim Boesen

October 21, 2024

7 Min