Global IT sector spending is expected to reach $2 trillion by 2028, as Forrester predicts!
Forrester: Global IT Service Industry Spend Will Reach $2 Trillion By 2028 - Forrester
While I harp on the phenomenon called "employee farming," it is due to poor predictions against business and tech advancements.Forrester says/warns; IT services companies need to constantly calibrate talent-supply to meet demand. Pandemic hiring bloat led to "quiet firing" and hiring freezes, offer rescinding's, etc.
Forrester says, in the US, 57% of job losses in professional services will come from GenAI.
Accenture estimates only 10% of companies have mature data and AI-capabilities; despite that, it sold more AI projects in the March quarter than the whole of 2023! That's a huge shift in focus by customers towards GenAI.
Forrester July 2023 AI pulse survey records that 84% of A-decision makers in the executive were ready to adopt GenAI.
In 2023, Capgemini launched 4 GenAI offerings in strategy, customer experience, software engineering, and custom enterprise, while partnering with Salesforce to accelerate the implementation of GenAI for CRM.
Now, what role would Global Talent Management Heads would have for this GenAI surge, invoking the power of "Talent Intelligence?
Nathan SV recently was the Chief Talent Officer for Deloitte and spent good 19 years with this bellwether consulting firm. No one, but him can talk about the future of talent management and development in this context today for the global landscape. Dave Ulrich, would love to learn, what's your take on this "Talent Intelligence" promise from HR, which is powered by GenAI?
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