Figure of the day: Top IT challenge - CxO survey - Austria

Figure of the day: Top IT challenge - CxO survey - Austria

According to PAC's CxO Investment Survey, the biggest IT-related challenge for Austrian companies is the shortage of skilled IT professionals (mentioned by 43 percent), a pressing issue at almost worldwide level. IT personnel is needed today for the creation of products (software development) as well as for service delivery (implementation and operations). The IT sector has given a strong boost to the Austrian economy in recent years, and companies fear a possible stagnation of current growth due to the skills shortage. The coronavirus crisis has revealed deficits in digitization in all industries and triggered a digitization surge that will continue to fuel demand for IT specialists in the future, in PAC’s view.

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CxO Survey - Investment Priorities - InSight Analysis - Austria

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