Team NEO says skills gap is driving companies to rethink requirements for entry-level jobs

IT continues to be a growth occupation in the region. Northeast Ohio saw 4,249 of 6,457 entry-level IT jobs go unfilled in 2018, according to Team NEO. The report also estimates jobs in general computing are set to grow at a rate of 5%, web developers at 7%, and software development at 10% in a period from 2019 to 2024.

As the demand for these IT jobs increases beyond the supply of college graduates, Duritsky said, companies are de-emphasizing or even eliminating the formal bachelor’s degree requirement in favor of finding candidates with relevant skills and experience.

“Increasingly where companies are having a hard time filling positions, they are starting to view the minimum education requirements differently,” he said. “There are still some examples where a bachelor’s is required, but we are starting to see some movement.”

Some companies, including Westlake-based Hyland Software, have removed the formal education requirement for

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Robots Driving Forklifts Score Venture Capital, Create Jobs

(Bloomberg) — Silicon Valley investors are increasing bets on a Pittsburgh company that turns a venerable machine of the past century of industrialization — the forklift — into a driver of the e-commerce boom.

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Seegrid Corp., a maker of autonomous forklifts and robot-powered vehicles used to move materials around warehouses and factories, just closed on equity financing totaling $52 million from Menlo, California-based venture fund G2VP LLC and an undisclosed group of tech and robotics investors.

The deal, with UBS Group AG serving as an adviser, brought to $150 million the total amount of funding received by Seegrid, which has a valuation of more than $400 million.

The fresh round of financing during a pandemic underscores the rising demand to shore up supply chains increasingly dependent on warehouses and distribution hubs as consumer dabbling with online shopping turns more habitual. Seegrid expects to double revenue this year and

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The 100 People Transforming Business series showcases leaders driving innovation in manufacturing

  • Robots, 3D printing, and drones are features of the new manufacturing world-order, which even a few years ago seemed experimental.
  • Financing these innovations can sometimes be challenging, however, as margins in manufacturing tend to be thin.
  • Innovation does cause concern over lost employment opportunities. Companies are looking at ways to reskill workers for a more automated future. 
  • 100 People Transforming Business is an annual list and series highlighting those across industries who are changing the way the world does business. Check out the full list for 2020.

The manufacturing industry is in the midst of a major shift to adopt next-generation technologies. “Digital twins” of aircraft and other assets enable companies to monitor parts for maintenance well before they break down, saving valuable time and money. Robots now routinely work alongside humans on factory floors handling mundane tasks, like transporting pallets.

Drones will soon start flying around large warehouses to

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