Leaders are placing big bets on the growth potential of AI with 92% planning to ramp up their investments over the next three years.
But new technologies are only as powerful as the people who use them. Businesses are already citing skills gaps as a key blocker to AI adoption and without placing an equal focus on people and training, companies will be left with tech strategies that are missing a key piece of the puzzle.
Our new analysis of FTSE 100 reports – the strategic statements of the most influential names in the UK business community – underlines how many companies may have yet to lay the groundwork. People need to be equipped with the right skills to deliver on the promise of their tech investments.
Key insights:
69% of latest FTSE 100 annual reports reference a strategic priority relating to technology
Fewer than one in 10 reference a strategic priority on skills and training
1.2% is the estimated proportion of the working year FTSE 100 companies allocate to employee training
Download the full report today!
About Multiverse
Multiverse helps you build a data-driven, AI-enabled culture to optimise decision-making and strategic use of technology across the organisation through upskilling programmes -- at no commercial cost through the UK Apprenticeship Levy.
We have helped over 1500 companies close critical data, AI and tech skill gaps in their workforce, through a new kind of apprenticeship.
Whether your goal is to upskill and reskill your employees, or recruit high-potential talent, our approach can help you build the right capabilities to unlock transformation.
By combining work and learning, our goal is to break the expensive barrier between education and employment - helping businesses create equitable access to economic opportunity.
For more information visit: https://www.multiverse.io/en-GB