C-Vision Keynote Democratization of Application Development

Key digital skills for economic transformation

D I A L O G U E

Larry Quinlan, Global CIO Deloitte

5 T H G R O W T H & R E S I L I E N C E

The pandemic has changed everything.

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UPSKILL ING AND RESKI LL ING WORKERS

40% 6 months or less 1 of employees will need to be reskilled in

App Dev

Robotics/AI

Data analytics Despite high demand for data scientists and companies investing or expanding big data projects, there was still a shortage of 250,000 data scientist jobs in 2020 4

Cloud Gartner predicts by 2022, the worldwide cloud market will hit

Cyber

Enterprise applications for AI have grown 270% in four years 2 Yet, the lack of skilled workers is still the #1 challenge in adopting AI and Machine Learning (ML) 3

The number of developers worldwide in 2020 reached 24.5 MILLION with software developer and application developer roles accounting for the largest share of new postings 6

and a staggering demand for skilled cyber professionals with By 2021, the cost of cybercrime is estimated to reach $ 6 TRILLION (USD) GLOBALLY

making the cloud services industry $ 331.3 BILLION (USD) than overall IT services 5 3X BIGGER

3.5 MILLION open cyber jobs worldwide 7

*All citations are on disclaimer slide at the end of the presentation.

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INVESTMENT IN EDUCATION AND A DIVERSE TALENT PIPELINE

Create digital literacy at all ages 40% of educators have identified technology as a great way to improve engagement in classrooms 8

Technology in the classroom worldwide continues to grow 9

use smartphones use tablets 48% 42% 33% 20%

use desktop computers

use interactive whiteboards

Prepare students for the future of work

Alternative and innovative education methods such as online courses, nanodegrees, and private or nonprofit digital skills training programs (e.g. coding bootcamps) have emerged to address severe shortage of talent in the area of digital skills 10

Public-private partnerships

• IDB Group support • Competitive Funds and Sector Skills Councils • Skills for the Future Program • BRIDGE Program

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LEADERSHIP I S ESSENTIAL TO A SUCCESSFUL TRANSFORMAT ION

• A hallmark of good leadership is a servant leader mindset • Leaders inspire people to believe in the future that’s being created • Technology will continue to change and evolve; leaders must do the same

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Sources: 1. https://www.forbes.com/sites/forbestechcouncil/2021/02/08/fixing-the-digital-skills-gap-in-the-post-covid-19-workplace/?sh=2cc1195b8033 2. https://www.gartner.com/en/newsroom/press-releases/2019-01-21-gartner-survey-shows-37-percent-of-organizations-have 3. https://www.gartner.com/en/newsroom/press-releases/03-18-2020-gartner-says-strongest-demand-for-ai-talent-comes-from-non-it-departments 4. https://quanthub.com/data-scientist-shortage-2020/

5. https://www.techrepublic.com/article/top-cloud-computing-trends-impacting-it-job-market 6. https://www.infoworld.com/article/3604054/software-developer-jobs-outlook-for-2021.html 7. https://www.esecurityplanet.com/trends/cybersecurity-employment-2021/ 8. https://resourced.prometheanworld.com/technology-education-industry-report/

9. https://edtechmagazine.com/k12/article/2019/02/new-global-survey-offers-snapshot-technology-classroom-2019 10. https://idbinvest.org/en/blog/development-impact/caribbean-private-sectors-challenge-increasing-productivity-and-growth-0

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