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Jan Büchel / Jan Felix Engler / Armin Mertens IW-Trends No. 2 14. June 2023 The Demand for Data Skills in Germany – Results of a Big Data Analysis

Employees with data skills help companies to store, manage and use data more efficiently.

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The Demand for Data Skills in Germany – Results of a Big Data Analysis
Jan Büchel / Jan Felix Engler / Armin Mertens IW-Trends No. 2 14. June 2023

The Demand for Data Skills in Germany – Results of a Big Data Analysis

German Economic Institute (IW) German Economic Institute (IW)

Employees with data skills help companies to store, manage and use data more efficiently.

Firms can meet their need for data skills by engaging external service providers, offering training on the job for existing employees or hiring new employees who already have data skills. An analysis of job advertisements in Germany from 2019 to 2023 shows that companies require data skills from their new employees in every fifth job advertisement. The result is based on a machine learning model that automatically classifies more than 18 million job advertisements. In 87 per cent of the job advertisements with data skills new employees should help their employers to use data, in 84 per cent to store data and in 67 per cent to manage data. Managing and using data is more often required of college graduates, while new employees who have completed vocational training are more likely to be required to store data. However, in 59 per cent of current job advertisements with data skills companies want new employees to function as all-rounders working in all three areas. The high overlap shows how universally data skills can be applied. Overall, the growing demand for data skills among companies suggests that the data economy in Germany is developing positively. However, given the growing shortage of skilled workers in digitalisation professions, it can be challenging for companies to meet their long-term data skills needs.

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The Demand for Data Skills in Germany – Results of a Big Data Analysis
Jan Büchel / Jan Felix Engler / Armin Mertens IW-Trends No. 2 14. June 2023

The Demand for Data Skills in Germany – Results of a Big Data Analysis

German Economic Institute (IW) German Economic Institute (IW)

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Jeanne Mouton / Christian Rusche in Competition Policy International External Publication 27. October 2023

To share or not to share: Regulating Data Brokers

Data has become an increasingly important input in the economy. Hence, data and access to data play an increasingly key role in the global economy and for innovation and are crucial for the competitiveness of companies and the EU economy.

IW

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Barbara Engels IW-Policy Paper No. 8 21. September 2023

Nothing to do with data?: Data utilisation potentials for companies

If companies want to survive on the market in the long term, they cannot avoid the topic of data.

IW

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