For a number of months I’ve been working with Rackspace and colleague Carsten Sorensen to undertake a study of the impact of skills and expertise on cloud computing. The report “the cost of cloud expertise” has just been published here. The headline figure is that $258m is lost a year through lack of cloud expertise.
Cost of cloud expertise report
In the press release I am quoted as saying; “Put simply, cloud technology is a victim of its own success. As the technology has become ubiquitous among large organizations – and helped them to wrestle back control of sprawling physical IT estates – it has also opened up a huge number of development and innovation opportunities. However, to fully realize these opportunities, organizations need to not only have the right expertise in place now, but also have a cloud skills development strategy to ensure they are constantly evolving their IT workforce and training procedures in parallel with the constantly evolving demands of cloud. Failure to do so will severely impede the future aspirations of businesses in an increasingly competitive digital market.” The report also explores the requirements for cloud skills, and discusses the strategy businesses can adopt to mitigate the risks of the cloud skills shortages:
  • Split the IT function into separate streams – business focused and operation focused.
  • Develop a cloud-skills strategy.
  • Assess the cloud ecosystem and ensuring a balanced pool of skills.
Take a look! https://blog.rackspace.com/258-million-year-cost-enterprises-lack-cloud-computing-expertise-says-rackspace

Some early press coverage below…

Only 29% of IT leaders have the skills needed to fully embrace the cloud TechRepublic Sep 21, 2017
Rackspace asked organization execs around the world about cloud IT — here’s what they found San Antonio Business Journal Sep 21, 2017
Cloud Skill Shortage Costs Large Enterprises $258 Million Each Year: Report Windows IT Pro Sep 21, 2017
Cloud skills shortage holding back some Aussie businesses CIO Australia
Is cloud computing a victim of its own success? Computer Business Review Sep 21, 2017
Two-thirds of businesses losing money over poor cloud skills Cloud Pro
Here’s what’s costing businesses a lot of money London Loves Business
UK organisations lose millions a year due to lack of cloud technology skills Bdaily
Lack of cloud expertise costing companies $258mn per year The Stack
UK businesses losing revenue due to lack of cloud expertise ITProPortal

Written by Dr Will Venters