Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc... ...Full Bio
Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc...
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Upskilling could help techies survive layoffs: 5 case studies tell you how
There has been a spate of layoff announcements by information technology companies alongside fears of further downsizing during the year. One of the main reasons for downsizing is that many technological skills are becoming outdated due to automation, leading to redundancy.
But experts say this also presents an opportunity: "Robots might replace human beings but you need intelligent humans to manage the robots,"says Lovleen Bhatia, CEO, Edureka, an e-learning platform.
But experts say this also presents an opportunity: "Robots might replace human beings but you need intelligent humans to manage the robots," says Lovleen Bhatia, CEO, Edureka, an e-learning platform.
So, if you are able to upskill yourself and stay relevant, you can still be indispensable to the organisation.
Meet Rupam Sri, 35, a Bengaluru based techie who began her career with Java coding and was into manual testing. As technologies evolved, she felt the need to upgrade her skills to automation testing. It required her to learn new concepts and gain expertise. "I signed up for a certification training for Selenium 3.0, which is an ultra-efficient software testing tool that helps automate web applications," says Rupam. "This certification has helped me land an international automation testing project in my current organisation," she adds. The message is clear: identify a niche skill that the world needs and master it to stay industry-relevant.
In Pic: Rupam Sri 35, Bengaluru
New skill gained: Automated testing(Selenium 3.0)
Why: To fill the gap in her existing skill set of manual testing
How it helped: Got a new international project in her current organisation
Salary hike after taking the course: Not applicable as she didn't switch jobs
There are courses and certification programmes that can help you acquire the latest technological skills. Skills that are currently in high demand include data science and analytics, machine learning, artificial intelligence, internet of things (IoT), digital marketing and product management. "Nasscom predicts that between now and 2025, digital-led IT services will grow four times, while traditional IT services will grow to double the current numbers ," says Arun Rajamani, Country GM, Pluralsight India, an online education company for IT professionals.
The cost of learning these new-age skills ranges from Rs 25,000 and Rs 5.5 lakh, depending on the course, mode, and duration. However, as these skills are niche and in demand, you can expect a good return on the investment. "Typically , there is a jump of 20-50% in salaries when you pick up these skills," says Gaurav Vohra,
CEO, Intellipaat, a corporate training platform adds, "We have seen professionals getting hikes of 50%."
If you feel underutilised, acquiring new skills can help you leverage your potential. That's exactly what Neethu Pillai did. With a degree in mathematics and an MBA, she felt testing wasn't the right role for her."I opted for a course in big data and data science, as I am comfortable with numbers," says Pillai. "I learned statistics, predictive modelling and analytics tools like R, which helped me find a data scientist role at an MNC," she adds.
In Pic: Neethu Pillai 34, Bengaluru
New skill gained: Big data and data science
Why: To leverage her existing qualifications in mathematics and for better growth opportunities
How it helped: Helped her get a new job as data scientist from the previous role of a senior software tester
Salary hike after taking the course: Not applicable because she made a career change
Another techie from Bengaluru, Anushaw N, quit her job in renewable energy consulting to seek more challenging avenues. Eager to learn the applications of analytics, she took up an executive programme in business analytics. Learning new skills before returning after her maternity break helped Anushaw bag a data scientist's role at an analytics firm.
In Pic: Anushaw N 33, Bengaluru
New skill gained: Business analytics
Why: To leverage her aptitude for numbers
How it helped: Helped her get a new job as data scientist from previous role in renewable energy consulting
Salary hike after taking the course: 30%+
"There will be an acute shortage of 2 lakh professionals in the data analytics field by 2018. Further, 1.5-2 lakh jobs in digital marketing and thousands of jobs in the product management space are expected to emerge soon," says Mayank Kumar, co-founder of online education platform UpGrad
Learning is a continuous process. Even while you are employed, you could keep learning newer skills, which would open up more opportunities. Somansh Anand, 29, is a Pune-based IT professional who opted for Hadoop Administration certification (an open source programming framework), while he was working into an information security administration domain.
In Pic: Somansh Anand 29, Pune
New skill gained: Open-source technology framework (Hadoop administration)
Why: As more opportunities are available with this skillset
How it helped: Got a job with a big data analytics startup
Salary hike after taking the course: 40-50%
"Post the certification, I started getting a few good job offers, and have recently joined a startup in the big data analytics space," says Anand. But he didn't stop there. He has since joined another course called DevOps (development and operations), a framework that ensures software development is effective and seamless.
In Pic: Gopinath Ramkumar 32, Poland
New skill gained: Algorithmic trading
Why: Wanted to quit IT because growth options were limited
How it helped: Got an international opportunity in quant valuation
Salary hike after taking the course: 30%
It is also possible to make a complete career switch with some other technology related course such as quant finance. IT professional Gopinath Ramkumar opted for a Quant-Algorithmic Trading programme when growth in the sector IT became limited.