E-Skills: Forecasts and Scenarios

E-Skills: Forecasts and Scenarios

Growing Gap: Even with the crisis, demand for ICT workers continues to outnumber the supply. This gap represents an opportunity for job creation which Europe should not miss.

The ICT workforce in Europe in 2013 amounted to 6.67 million which is 3.1% of the overall workforce. It has been growing over the past decades and will continue to grow in the future. From 2000 to 2010 the ICT workforce grew at an average annual rate of 4.26%. Even at the times of the economic and financial crisis which Europe is undergoing since late 2010, growth remained at 2.65%. The demand appears to be significant for e-leaders. Of the approximately 255,000 vacancies for the EU-27 in 2014, we find 76,000 vacancies for “ICT management and business architecture” skills. Furthermore, the gap is disproportionately affecting small and medium-size enterprise: 70% of vacancies can be found in SMEs which demand ICT skills in much greater numbers than large enterprises.

However, interest in pursuing ICT careers seems to be diminishing among younger generations. Since 2005, the number of computer science graduates has been in continuous decline in Europe. This decline intensifies by the growing number of ICT practitioners retiring from the workforce. The bottom line is: Europe is not ‘producing’ sufficient numbers of ICT graduates to satisfy the demand. The results of a representative empirical survey of CIO‘s and HR managers in eight European countries in 2014 show that the number of expected vacancies in ICT-related occupations, extrapolated to the whole of Europe (EU- 27), can be estimated at around 295.000 in 2014

Source: e-Leadership Skills for Competitiveness and Innovation Report (European Commission)