Mumbai: IT and ITES Industry is the largest employer in the private in India. As per NASSCOM, total employment strength in IT and BPM industry is 3.7 million. The whole industry is on the cusp of transformation with advancement of technology such as Automation & Robotics, Artificial Intelligence (AI) and Data Analytics, and Internet of Things (IoT) popularly known as fourth Industrial Revolution. In line with changes in the industry, professionals working in this industry will also face the music.
Shift in skills and re-skilling phenomenon is catching up and will shape career of IT workforce. More than half of IT professionals (60%) believe that rapid technology advancements are set to impact their careers by 2017-18. Following the impact of digital technologies and automation on their careers, nearly half of them (49%) are not confident about job security in 2017-18, finds Simplilearn survey report titled Technology Skills Report 2016.
Simplilearn, provider of online training and certification courses, has compiled the Technology Skills Report 2016 in May –June 2016 with inputs from over 9,200 mid-level IT/ITES professionals working at tier I & II companies in Bangalore, Mumbai, New Delhi, Hyderabad, Chennai, Pune and Kolkata.
Commenting on the outcome of the report, Mr Kashyap Dalal, Chief Business Officer, Simplilearn said that the most stark is that more than 50% of IT industry professionals believe that future growth is in emerging and new technology areas like Cloud computing, big data, cyber security, data science and mobile. On the positive side, a significant number of these professionals are keen to upgrade their skills by learning the newer technologies where career growth is more exciting, added Mr Dalal.
The research report also reveals that over the last 12 months, more than 50% of respondents did not take any steps to up-skill or learn newer technologies. Up-skilling via online technologies is gaining traction. More than 35% of the respondents want to up-skill with online courses over the next 6 months.
When the survey asked about the expected outcome after up-skilling, 44% are optimistic about increased job prospects over the next 12 months. Digital Marketing, Big Data & Analytics are some popular domains professionals want to build their skills in over the next 6 months.
To read a previous story on Automation and Technology impact on IT Workforce, readers can follow the link given below:
Shift in Skills: Around 60 -70% of IT workforce in India will need re-skilling by 2025: NASSCOM
