Companies need to invest more in upskilling their employees in order to reduce the digital skills gap and ease concerns over job security, as the use of automation technology continues to expand, a study indicates.
According to a survey conducted by American market research company Forrester Consulting, corporate investment in automation technology to help companies with repetitive and rule-based tasks has increased steadily, with 40 percent of respondents planning to increase their group or department spending on robotic process automation (RPA) technology by more than 10 percent in the next 12 months.
The fast adoption rate of automation affects jobs differently, with the survey predicting that 80 percent of jobs would be transformed and 29 percent of jobs would be replaced by automation.
“All in all, though, we’re looking at a substantial reduction in the traditio…
