Project-Based Firms Face AI Challenges and Talent Crunch

Deltek's annual Clarity Industry Studies have revealed that while project-based businesses are experiencing growth, they are under significant strain due to rising costs and talent shortages. AI is being adopted rapidly, but many firms struggle with governance and achieving measurable outcomes. Compliance and cybersecurity remain critical challenges, as firms work to align speed, cost control, and innovation. What does it mean for you? If you're in a project-based business, expect more pressure to adopt AI and improve efficiency while keeping costs in check. You might find yourself needing to upskill in AI and cybersecurity to stay competitive and meet new compliance demands.