Gachibowli: IIIT-Hyderabad in association with Talent Sprint unveiled a report on ‘Demand for Expertise in Disruptive Technologies’ among professionals here on Thursday. The report showcased trends among working professionals in the city on how they are gearing up to acquire expertise in the latest technologies.
Dr PJ Narayanan, Director, IIIT-Hyderabad addressing the media
A recent NASSCOM report mentioned that many jobs which are available today may cease to exist in the next five years. Therefore, there is an immediate need to acquire new expertise in disruptive technologies.
Speaking on the occasion, Dr PJ Narayanan, Director, IIIT-Hyderabad said, “The IT industry is perhaps seeing an unprecedented churn which was not anticipated earlier. As the industry faces renewed challenges, we need to create an ecosystem to promote and propagate new disruptive technologies such as AI/ML which are set to take centre stage within the next five years.”
An analysis of applicant data reveals four key insights. First, professionals with more than five years in the industry are keen to upgrade themselves. Second, there is a rising demand for AIL/ML programs from professionals working in the IT services sector.
Third, start-ups and small companies are embracing disruptive technologies rapidly. Fourth, women professionals and young professionals with less than five years of experience are not sufficiently aware of the need to acquire new expertise.
Dr Santanu Paul, MD and CEO, Talent Sprint said, “Analysis of the data validates facts that were known for a while. Today, mid-level professionals are at an important crossroad and vulnerable in the face of automation. They have understood that only new expertise will add new value to their careers. What is also important is that we encourage more women as well as young professionals to achieve mastery in AI/ML.”