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TECHNOLOGICAL WIND OF CHANGE IS NOW A DIGITAL GALE

Many science-fiction fantasies are now everyday reality. The pace of digital transformation is aptly compared to an industrial Big Bang, rapidly disrupting not only our workplace but also our lifestyles.  Chatbots are answering customers’ questions; drones are delivering parcels and collecting data; digital devices transfer billions of data on a  daily basis. The gale of digital change is sweeping across all industries and careers, making it a necessity to upskill the future workforce.

Here we present some statistics about digital transformation as background to AIS’s series of Industry Skills Forums around Australia. on the changing landcsape of work and future skills needs. Register here to attend a forum in your capital city.  

Evolution in skill categories

Digitalisation has affected the percentage of hours spent on different skills at work. Here are how skill categories are predicted to shift in the future:

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An automated future requires different sets of skills. While the demand for technological skills has been growing since 2002, it accelerates in the 2016 to 2030 period. There will be a shift away from manual and physical skills, leading to increased demand for technological skills such as programming, advanced data analysis and technological design[1].

Big Data and IoT

The Internet of Things is making us more connected by harnessing the  enormous amount of data  being produced every day.

23 billion digital devices are currently used by people globally. By 2025, this figure will triple to 75.44 billion. Businesses can leverage this data to tease out consumers’ patterns of behaviour. This in turn should lead to higher productivity, calculated to be as high as 85%, and improved customer satisfaction.

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40 per cent of Australian households have at least one IoT device [2]. The economic benefit of Big Data and IoT alone to Australian economy is predicted to be substantial at about 300 billion US dollars to Australian GDP[3] by 2030.

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Transportation is one of the industries that will be heavily impacted by digital disruptors, for example by the introduction of autonomous vehicles, predicted to be on Australian roads by 2025.

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The Australian Driverless Vehicle Initiative (ADVI) suggests that we will see Level 3 technology prior to 2020, Level 4 technology between 2020 and 2025, and Level 5 technology between 2026 and 2030-35[4].


[1] McKinsey&Company: Skill Shift: Automation and the Future of the Workforce, 2018

[2] https://www.afr.com/technology/australians-finally-start-embracing-the-internet-of-things-for-connected-homes-20170509-gw0kkp

[3] CSIRO Report: Australia 2030: Navigating our Uncertain Future.

[4] CEFC: The Australian Electric Vehicle Market, 2018