AI, ML Are the Most Popular Domains For Reskilling Professionals [STUDY]

Must Read

Can CBD Gummies Be Beneficial For College Students?

College students often feel more pressure than they have ever—or will ever—feel in their entire lives. Many...

Will Google’s Move To Delete 2,500 YouTube Channels Add Fuel To The Fire With China?

The US-China trade war has started rearing its ugly head. Both sides are now turning to extreme...

India Enterprise IT Spending To Reach Rs. 1,910 Billion In 2012: Manufacturing And communication Industry To Drive The Growth

Manufacturing and Communication Industry is expected to drive the overall growth in the years to come. Sectors like Education,...

How do you pave way for a digital future and reorient working professionals?

Simplilearn, an EdTech company seems to have an answer. According to Simplilearn’s Career Impact Survey 2018, Artificial Intelligence (AI) and Machine Learning (ML) are the most widely chose domains for reskilling among working professionals in India. 25% of respondents chose AI and ML for suitable domains for upgrading their skills, followed by big data and data science (20%). The findings of the survey are aimed at analyzing the impact of professional certifications and reskilling among working professionals in India.

Other new age certification courses such as digital marketing, cloud computing, cyber-security, and agile & scrum together saw a 55% rise among professionals, seeking re-skill prospects.

Advertisements

Go Digital or Backpedal

Going digital is an indispensable part of a company’s survival stratagem today. As a result, it has become imperative for professionals to fill their skill gap in order to meet the latest industry requirements.

The Krishna Kumar, Founder & CEO of Simplilearn can be further quoted saying, “The survey outlines how impactful certification courses and re-skilling is a necessity for professionals who want to acquire the right skills for career advancement opportunities.”

At a time, when India’s industrial spectrum is suffering from a growing skills gap, the Indian IT industry needs to revamp its strategical model in order to drive a change and reorient itself to an effective, up-to-date business model. In the current scenario, at an industry level, re-skilling & up-skilling should be rigorously combined for performance appraisal and realignment.

Re-Skilling Professionals

Industries globally are going through a groundbreaking change today when it comes to deeply acknowledge disruptive technologies like Machine Learning (ML) and Artificial Intelligence (AI). With newer leaps happening in the field of technology across verticals in the country, re-skilling engineers appears core to the country. Experts claim that, although Indian engineers have the expertise and talent with apt degrees, in-vogue skill-sets, however, remains at the pinion.

According to an earlier study conducted IBM, more than half of new employees recruited in local labour markets do not possess the required job skills. Apparently, only 40% of Indian industry executives said that new employees recruited in local labour markets have
requisite skills. As per this survey, much of the nation’s current higher education system fails to meet the needs of students and industry. A combination of technology skills, domain knowledge and soft skills is needed.

The Simplilearn survey claims that 44% of the respondents claim that reskilling and certifications have had a positive impact on their pay raise during the performance appraisal cycle, while 24% of the respondents said it impacted their promotions. Thanks to the benefit of reskilling, 32% of the respondents were able to join other departments within their organization.

Advertisements

pay raise for certification

Future Demand For Reskilling

With organizations around the world adapting to digital transformation, professionals want to put an edge on their technical skills. About 67% of the respondents want to hone their skills in Big Data, Data Science, AI, Machine Learning and Cloud Computing in the next three to six months. In addition to technical skills, 55% of the respondents look forward to improve their managerial skills, followed by problem-solving skills.

popular reskills

India’s economy now, although bolstered by an entrepreneurial workforce and youthful culture, witnesses a talent shortage. The ever-changing skills requirements, completely in contrast to the outdated curricula poses a challenge to the Indian education system to equip youth with job-ready skills.

Bottom Line

Despite efforts at re-skilling, the workforce today is going through a period of job insecurity. Most re-skill programs are done after work hours and workers are forced to undergo these in order to protect their jobs.

skills for finding new jobs

When it comes to job searches, 62% found professional certifications to have an upper hand and increases their prospect of finding new jobs. Apparently, the majority of the section will look into tuning up big data, data science, AI, machine learning and cloud computing.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

OYO Introduces New Initiatives to Increase Employee Satisfaction

With work from home having become the new norm for most Indian startups due to mandatory social...

Amid Acquisition Talks, TikTok Gearing Up For A Legal Battle!

Desperate times call for extreme measures. The popular short-form video app TikTok has been facing unprecedented amounts of backlash from Uncle Sam...

PAN-Aadhaar link: 32.71 Crore Indians Can Now Reap the Benefits

The agenda to link every citizen's Aadhaar card with their PAN card has been on the Indian Government's radar ever since 2017....

When A City Had To Pay Ransom To Cyber Criminals!

While the rapid advancement in technology surely did gift us with newer and more powerful devices, be it smartphones or iPads, it...

Can Twitter’s New Feature Really Make You Feel Safe?

Twitter has been on what seems like a campaign to make the site a place for more meaningful conversations among users. Ever...

TikTok Acquisition: Not A Cake Walk for Microsoft

After President Trump announced an order banning US companies' transactions with Chinese businesses, which is set to come into effect 45 days...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This