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Success in Spain: 75% of Jobseekers Trained in Oracle Find Work Within Six Months

Oracle University is partnering with local Spanish public bodies to reduce unemployment in Spain-providing jobseekers with up-to-date technical skills, and businesses with the digital staff they need.

Global unemployment figures remain high, even as many companies are struggling to find the technical talent required to succeed in the economic recovery. Indeed, demand for digital talent is growing in all sectors, as businesses across the spectrum recognize the competitive advantages that can be gained from successful deployments of the latest technical solutions-from business intelligence and big data analytics, to mobile devices, to SaaS or moving IT infrastructure to the cloud. The key word here is 'successful'. Top-tier IT products and solutions can be expensive, and a failed deployment financially disastrous. Businesses leaders are therefore appreciating the need for high-caliber digital staff, and are careful to ensure that new recruits possess an abundance of IT qualifications, and in particular the manufacturer certifications that can guarantee the success of their chosen IT investments.

Given the high numbers of jobseekers without the digital skills or certifications that modern businesses need, Oracle University is engaging all around the world with local public organizations, education centers, and training companies, to boost digital skills development and reduce unemployment.

A good example is in Spain, where unemployment has been exceedingly high for the past few years, reaching 55% youth unemployment in 2013. In Madrid, Oracle University has been partnering with the CFTIC training center, which provides specialized information and communication technology (ICT) courses for free to local unemployed people. The Oracle-specific training has several advantages. Perhaps most importantly, students receive up-to-date knowledge with real business applicability, by always being trained on the latest version of the Oracle product. Also, Oracle validates the suitability of the training materials, and guarantees the quality of the tuition by ensuring that each instructor is an Oracle certified training partner.

At the same time, the CFTIC center can be sure of providing its unemployed students with training on the most relevant topics, thanks to consultations with Oracle University regarding the products and solutions that have the highest potential market demand. While CFTIC also partners with other top-tier ICT vendors, Oracle courses are historically among the most popular. Since 2006, more than 2,000 unemployed people have been trained - 15 at a time, in classroom courses - in the latest Oracle technologies.

The results? 75% of these jobseekers found work within six months! The model of partnering with technical vendors is certainly paying dividends for CFTIC, which overall has labor market insertion rates of 60%. But it is worth noting that in Madrid, as at many such educational centers worldwide, Oracle has the highest insertion rates of any vendor - a strong indication that Oracle skills and certifications are what companies are really looking for above anything else.

Beyond government-sponsored training centers, Oracle is also partnering with universities to provide students with better employment opportunities upon graduation. This is a key area for development, as many businesses complain about the lack of vocational skills in graduate candidates. Through the Oracle Academy program, universities can gain access to didactic content, software licences, and basic-level support, as well as offer Oracle product training to students to facilitate access to official Oracle certification. Thanks to its success, Oracle University is extending this approach to vocational training centers and secondary schools.

These accomplishments are making a big difference, but there remains much to do to combat unemployment globally.A recent report from Tech Nation in the UK recommends that government bodies work even closer with industry leaders to boost future digital tech skills development.

For many public educational institutions, this will mean updating training delivery methods. While the Oracle classroom-based courses have proven extremely effective, recent years have seen the rise in alternative training methods including online learning. Progressive training vendors such as Oracle University offer a range of digital courses, which can help educational bodies to reach even more people as well as to provide a range of training options that best suit the learning needs of the individual.

As demand for digital talent rises across all industries, Oracle University is continuing to provide businesses with the skills they need today, and helping to reduce unemployment, by laying the foundations for the digital workforce of the future.