Zinnov, a management consultancy and strategic advisory firm, has conducted a worldwide analysis that has identified global talent hotspots. The research was conducted across Asia Pacific, Europe and North & Latin America with the aim of identifying places that organisations can turn to build world-class Centres of Excellence (CoE).
The report evaluated countries based on talent availability, ease of doing business, cost analysis and ecosystem maturity and found that India, China, Canada, Poland and Mexico to be the top five hotspots worldwide.
The research comes at a time when organisations are facing an unprecedented need to innovate a digitalise faster-making talent a top priority for many businesses. The report highlights the ever-widening gap between the talent demand set by organisations against a diminishing supply. Zinnov’s research discovered that there were 1.2 million roles relating to machine learning and AI yet only 650 thousand professionals available who were directly employable. As more companies adopt AI and Machine Learning technologies, they will need to explore new talent strategies including leveraging talent hotspots to meet the demand.
Pari Natarajan, CEO, Zinnov commented, “As leaders grapple with the increased talent crunch, it will become critical for them to identify new talent hotspots to build CoEs where full teams can be housed. India emerged as the best-fit location as it will be home to 1/8th of the world’s digital talent by 2030.”
The report also highlights that China should be considered as a potential CoE location due to its vast untapped pool of talent. Chinese talent was ranked and the biggest pull factor which helped the country to place second overall.
Paul Arkwright
Publisher
