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The Growing Prominence of Digital Skilling
The Growing Prominence of Digital Skilling

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Growing Need for Digital Skilling

A pervasive discussion that has taken over the news these days is that AI is impacting jobs across sectors and tech industry is not an exception. The average half-life of skills is now less than five years—and even lower at around 2.5 years for some technology fields[i]. Moreover, with technology changing so rapidly, the need of the hour is to build a continuous-learning culture and mindset.

Organizations, therefore, need to be agile and quick to adopt new approaches for skilling their workforce. They must also invest in setting up & continuously upgrading/updating learning infrastructure – online learning platforms, learning pods, nurture mentors/trainers, online/offline labs for hands-on experience and more.

Also, as digital technologies lead the shift, organizations and individuals must prioritize ongoing technology training & skilling initiatives to ensure their digital skills remain up to date and adaptable to emerging technologies. The only solution that will solve this challenge is skilling the talent across digital technologies that are taking over the job scene.

India – The Tech Talent Nation

Investing in employee skilling is now a board agenda and technology firms are continuously scanning the industry landscape to identify early, emerging trends both in terms of technology developments and market movements. In turn, organization-level skilling roadmaps are also constantly being upgraded to facilitate first-mover advantage (Generative AI is the most recent example of a disruptive technology around which firms are rapidly building relevant skills).

With a focus on right skilling models, technology companies are providing the relevant resources to their employees for learning and acquiring new skill-sets. Indian technology firms too are mirroring this sentiment and are taking advantage of the high skill ability index of the Indian workforce. Various initiatives in partnership with academia and the government have been rolled out to meet the demand for relevant digital skills.

All these efforts are reflective in the talent availability across the country. As per Korn Ferry India will be the only nation with a talent surplus by 2030.

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On the tech -side India’s tech talent gap stands at 25-27% and even which is the lowest globally.

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Source: nasscom report - India’s Journey to A Tech Talent Nation A ‘Skills First’ Approach

 

In my next set of blogs where we will deep dive into what are the ways and means that tech companies are using to skill their workforce. More details in our report “India’s Journey to A Tech Talent Nation A ‘Skills First’ Approach

Stay tuned on nasscom community for more. Happy Reading!

 

[i] World Economic Forum -  Future of Jobs


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Neha Jain
Senior Analyst

Neha Jain

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