Challenge background
According to the World Economic Forum study on the Future of Jobs (2020), by 2025, over 85 million jobs will be made redundant by emerging technologies while 97 million new roles will take shape. Even before the impact of such numbers on employability could set in, the Covid pandemic and the rise of industry 4.0 proved that hybrid culture and greater dependency on new technologies is here to stay. As a result, the biggest challenge for employers across industries is bridging the skill gap caused by redundancy or changing industry demands.