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Absolutely yes, because experience and technical expertise is what a person actually requires for performing all job tasks. I believe degrees are just an entry to any job. Once a person enters, then all matters is what he/she actually done practically.So a person holding experience makes him a strong competitor against a person holding degrees.
Yes, having a long experience with strong technological expertise make a strong competitor because i do believe that everyone can learn and enhance their skills through their challenges that they faced and overcome through their abilities and experience.