An abstract for a team project

This is an abstract for a team project. Thank you in advance for text improvements.
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One of the most significant challenges faced by IT managers is the shortage of skilled storage professionals in the market. Considering the aggressive hiring requirements and plans, the lack of skilled resources becomes a serious bottleneck. Major factors for this skills shortage include lack of storage tech education in the market , and in academia. While the industry has recognized the need, academia has been slow to respond for a variety of reasons.

This project targets to create a prototype of the course on data storage, and information management. It is intended to fill the knowledge gap in understanding varied components of information storage infrastructure in different environments.

We will discuss topics likely to be covered on this course, evaluate possible education technologies, and develop a platform for virtual labs.

This was almost perfect. Well done!

An abstract for a team project

This is an abstract for a team project. Thank you in advance for text improvements.
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One of the most significant challenges faced by IT managers is the shortage of skilled storage professionals in the market. Considering Because of the aggressive hiring requirements and plans, the lack of skilled resources becomes a serious bottleneck. Major factors for this skills shortage include lack of storage tech education in the market and in academia. While industry has recognized the need, academia has been slow to respond for a variety of reasons. (give some examples of what these reasons may be and make sure that these reasons are addressed/answered by the solutions proposed by your project)

NOTE: I changed 'Considering' to 'Because of' because, considering denotes that these are just considerations, whereas the use of because denotes that ...hiring requirements and plans... ARE the reason that there are no skilled resources.

Although, this sentence altogether seem out of place.  (I know you were just looking at the grammar and input on the same, however, I would be remiss if I don't share my opinion on this argument). I can't seem quite to put my finger on it, but perhaps because Bottleneck implies congestion, which means that there is too much of (not a shortage).  The rest of the sentence in this paragraph seems more than sufficient to support your first sentence.

This project targets to create a prototype of the course on data storage and information management. It is intended to fill the knowledge gap in understanding varied components of information storage infrastructure in different environments.

We will discuss topics likely to be covered on this course, evaluate possible education technologies and develop a platform for virtual labs.

Overall, one of the best writing samples I have seen.  Most of my corrections are on the logical flow and the framing of the issue.  Well done!