Curated News
By: NewsRamp Editorial Staff
April 10, 2024
Telcos Lagging Behind Tech Companies in Acquiring Critical Skills
TLDR
- Telcos must acquire skills in AI, innovation, and user experience to compete with tech giants.
- Telcos need to focus on software, cloud, and cyber security skills for future growth.
- Acquiring critical tech skills will enable telcos to compete, innovate, and create a better future.
- Telcos are lagging behind tech giants in acquiring future tech skills, creating a competitive landscape in the industry.
Impact - Why it Matters
<p>The news is important because it highlights the growing need for telecom operators to acquire essential tech skills in order to compete with tech giants. As telcos continue to invest in software, data analytics, and cyber security roles, the competition for the best tech talent is becoming increasingly fierce. This impacts consumers as it could lead to improved services and innovation in the telecom industry.</p>
Summary
In a recent study, telecom operators are shown to lag behind tech companies in acquiring critical skills such as AI, innovation, and user experience. The research, conducted by STL Partners, identified nine categories of skills that are essential for telcos to take advantage of future growth opportunities. The study also revealed that telcos are accelerating the acquisition of these skills, with Swisscom, Singtel, and Telstra leading the way.
Source Statement
This curated news summary relied on content disributed by 24-7 Press Release. Read the original source here, Telcos Lagging Behind Tech Companies in Acquiring Critical Skills
