One of the significant challenges in driving innovation within the sector though is the ability to attract and retain skilled talent, within the context of a diverse workforce. The industry faces stiff competition from other digital sectors both in the UK and abroad, which has created a highly competitive job market, exacerbating the existing skills shortage. As part of the UKTIN consortium, WM5G will be leading on skills and talent, convening employers and skills providers, promoting careers and training opportunities, and attracting talent to the industry and ensuring the sector has access to the talent and expertise it needs to stay ahead of the curve.
The role of entrepreneurs is also crucial in terms of telecoms innovation and R&D, but it’s often difficult for large organisations to pivot, and drive next-gen innovation. As well as encouraging innovation on a large scale, entrepreneurs and SMEs play a key role in shaping the future. WM5G will work with existing clusters of innovation and capability across the UK to understand the challenges, raise awareness and help make it easier to navigate this telecoms ecosystem.