TECH UPSKILLING
AI became the teacher of the year
AI is transforming the landscape of education as lecturers and EdTech platforms across the country utilise the technology for teaching, testing, and assessment. Generative artificial intelligence (AI) tools such as ChatGPT have found their way into Indian classrooms. However, AI also presents potential drawbacks. It may stifle creative thinking among young learners due to an over-reliance on technology.
To get skilled in AI, companies let employees play in Metaverse
As the landscape of work evolves rapidly with artificial intelligence playing a crucial role, businesses are shifting away from a one-size-fits-all approach to learning. Companies aim to ensure that their employees are well-versed in the emerging technology through a variety of training methods.
CII, Nasscom inks MoU to skill one lakh candidates by 2026
As per the memorandum of understanding signed between the Confederation of Indian Industry (CII) and Nasscom on Monday, candidates will be skilled, reskilled and upskilled across seven identified sectors that include banking, financial services and insurance (BFSI), manufacturing, logistics, healthcare, green jobs, hospitality and live sciences.
MSME Day 2024: Nasscom Foundation and SME Council launch upskilling initiative for marginalized youth
CEO Nidhi Bhasin leads a collaborative effort to equip marginalized youth with skills for the job market, uniting SMEs to amplify social impact and address the demand for skilled professionals, making a significant collective impact on CSR efforts.
85% Indian professionals set to invest in upskilling for FY25
According to Great Learning's 'Upskilling Trends Report 2024-25,' 85% of professionals in India plan to invest in upskilling initiatives in fiscal year 2025 (FY25). The report highlights a drop in job retention confidence to 62% from 71% the previous year, mainly due to tech disruptions and challenging macroeconomic conditions. Entry-level professionals feel the most uncertain, with only 29% confident about job retention in FY25. Upskilling is crucial, especially in fields like data science, AI, and machine learning, with 92% of seasoned professionals and 83% of freshers recognizing its importance.
'Great Resignation' enters third year as workers embrace AI, upskilling, PwC says
A PwC survey found a higher proportion of workers planning to switch employers in 2024 compared to 2022. Workers are embracing GenAI and prioritizing upskilling amidst workplace uncertainty.
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Job retention confidence of Indian professionals plummets to 62% vs 71% a year ago: Great Learning report
Job retention confidence among Indian professionals dropped to 62% in FY25 due to technological disruptions, macroeconomic uncertainty, and layoffs, as per a study by Great Learning. Entry-level professionals are less confident, with 79% emphasizing the importance of upskilling.
Freshers, take note: Data proficiency is becoming the key to multiple career opportunities
Data analysis is a crucial skill valued by employers across industries. It involves extracting insights from raw data using statistical tools. Lokesh Nigam and Krishna Kumar emphasize its importance in decision-making and career growth.
IT’s bench strength halves as slump-hit companies eye efficiencies
The bench strength at top Indian outsourcers has nearly halved of late, with higher utilisation and generative artificial intelligence (GenAI) driving efficiency in the $254-billion IT industry. Bench strength in the IT industry means full-time employees who are not assigned any active project.
Global capability centres seek to increase female representation in tech roles
Data from Quess Corp indicates that the presence of women in global capability centres (GCCs) has slightly increased to 30% in FY24 from 26.6% in FY20. However, there remains a significant gap in women's representation in mid and senior-level roles, leading to talent shortages. A report by Pure Storage and Zinnov reveals that only 6.7% of women hold executive positions in GCCs, with even lower representation at the senior level (15.7%).
It’ll take time to leverage full potential of GenAI: : TCS’ AI-Cloud biz head
Siva Ganesan, head, TCS’ AI.Cloud business unit told ET that upskilling of the workforce, reimagining core business processes, focusing on return on investments and conforming to regulatory needs are some of the challenges that organisations face with GenAI.
Hiring surge in travel and tourism: What it means for mid-career and senior roles
India's travel and tourism sector has rebounded post-pandemic, contributing Rs 16.5 trillion to the economy and creating 39 million jobs by 2020. The sector is also witnessing a spike in demand for AI specialists and data operations in the hospitality industry.
Freelancer’s guide to the galaxy of danger zones in recruitment platforms
The gig economy is booming globally, with India seeing a surge in freelancers seeking work opportunities. While challenges exist in finding the right projects, online platforms are playing a crucial role in connecting freelancers with relevant opportunities. To succeed in this competitive landscape, freelancers need to showcase their skills, work with quality clients, and constantly upskill. However, they must also be cautious of red flags.
Why adaptability is the one skill freshers should learn to develop
Adaptability is essential for freshers to thrive in the job market. Employers value it for navigating evolving job requirements. Developing adaptability skills through continuous learning and embracing change is crucial for career progression and success.
Delaporte's note to Wipro staff; new CEO at Byju's Aakash
Amid a global generative artificial intelligence disruption, top-rung management professionals are driving demand for AI upskilling courses. This and more in today’s ETtech Top 5.
India Inc heavyweights look to AI to drive innovation and efficiency
CEOs, CXOs in India prioritize upskilling in GenAI for business transformation. Insead and upGrad witness surge in professionals seeking AI expertise. Companies like Tata Consumer and Raymond integrate AI for business innovation and customer interactions.
L&T Tech partners with Nvidia to upskill 1,000 engineers in gen AI
LTTS said it is committed to upskilling 1,000 engineers over the next three years on NVIDIA software like NVIDIA AI Enterprise, which includes NVIDIA NeMo, NVIDIA NIM and more.
What's driving upskilling in India Inc's boardrooms?
Companies undergoing growth and transformation are emphasizing governance and seeking innovative board members with specialized skills. Climate crises, pandemics, and technological advancements are reshaping business priorities. Boards must champion innovation, select individuals with diverse skills, and challenge the status quo to future-proof organizations and drive success.
Companies in India focus on upskilling workforce as AI makes rapid inroads: LinkedIn survey
Nearly 94% of companies in India are upskilling employees due to advancing AI. LinkedIn's report highlights the focus on online training, AI expertise, and soft skills. Communication is the top skill, while ChatGPT and GPT are in-demand. Internal mobility and career progression enhance job security and talent attraction.
NSDC, Autodesk partner upskilling startup Novatr to foster skill development and employment in AEC industry
Novatr partners with NSDC and Autodesk to address AEC skills gap. Co-branded certificates issued upon course completion. Collaboration aims to revolutionize tech upskilling, combat productivity challenges, and showcase revamped BIM Professional Program for Architects.
Edtech’s AI push has its share of doubting Thomases
Higher education, upskilling platforms likely to benefit more than startups servicing schools and students on large scale
After data and analytics, AI puts BFSI on upskilling path again
The BFSI sector has embraced data analytics and AI to improve customer experience. Upskilling in AI-related domains and developing soft skills is crucial for professionals to stay ahead of industry trends and drive innovation in the Gen AI era.
How to use AI to make your e-learning easier and more personalised
AI is revolutionizing the learning process by incorporating adaptive learning, microlearning, and customised pathways. It breaks language barriers and creates new roles like AI ethics officers. AI-powered learning encourages skills like data fluency and critical thinking.
3 in 5 workers in India will not accept job that does not offer AI, tech upskilling: Survey
Indian professionals prioritize future-proofing their skills, especially with the rise of artificial intelligence, according to a survey by Randstad. Development opportunities offered by employers are crucial for employees, with 61% unwilling to accept a job or considering quitting if it doesn't provide skill future-proofing.
Continuous learning a must to cope with constant disruption, say panellists
Panelists at a session on 'Upskilling, Reskilling, and Learning for the Future' emphasized the need for continuous learning in an era of technological disruption. They highlighted the growing gap between employer demands and students' skills, stressing the importance of refreshing skills throughout one's career.
In age of tech disruption, women make beeline for upskilling
Indian women are increasingly engaging in upskilling initiatives, driven by various factors such as re-entering the workforce, securing better jobs, and staying relevant amid technological disruptions. Edtech platforms like Imarticus Learning, Hero Vired, and upGrad report a surge in demand from women learners, not only in major cities but also in Tier 2/3 towns.
TeamLease EdTech, IIT Patna and NSDC ink MOU to strengthen graduate employability
The partnership will facilitate a new set of Work-linked Degree Programs that would signal high-quality academics, skill-building and employer connectivity.
Top guns plug into future with licence to upskill
Edtech platforms including Emeritus, Coursera, upGrad, Simplilearn and Great Learning say they have seen a sharp uptick in the number of top executives—including CXOs—who are opting for upskilling to stay on top of things in a fast-changing business environment. Courses in generative AI, ChatGPT, machine learning, data science and business analytics and leadership skills are finding the most traction among senior leaders. Tech, tech services, BFSI and healthcare are the sectors with the maximum number of takers.
Majority of working professionals concerned about job redundancy due to emerging tech: Report
A significant 43 per cent express dissatisfaction with the lack of adequate AI training provided by their employers, it added. This highlights a clear gap between perceived importance and the actual provision of training in this critical technology domain, the report said.
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