satyamkapoor

I work at ValueFirst Digital Media Private Ltd. I am a Product Marketer in the Surbo Team. Surbo is Chatbot Generator Platform owned by Value First. ...

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I work at ValueFirst Digital Media Private Ltd. I am a Product Marketer in the Surbo Team. Surbo is Chatbot Generator Platform owned by Value First.

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Less than 5% of Indian IT workers ready for AI & Cloud Computing work

By satyamkapoor |Email | Dec 28, 2017 | 12585 Views

Around 56,000 engineers have been laid off by Indian IT giants like Wipro, Infosys, Cognizant and others in 2017. The layoff numbers of 2017 were double that of 2016. The reason cited was their lack of preparation for newer technologies. Less than 5% of Indian techies are said to be equipped to handle high-skilled jobs. 
For several years there has been a trend of IT firms moving away from labor intensive projects towards more technology-based and remote solutions like cloud computing, video conferencing and artificial intelligence (AI). The result has been the loss of hundreds of entry-level roles server maintenance & data entry. 
Around one-third of the low-skilled Indian IT workers could lose their jobs by 2022. In 2017, hiring was cut and entry level positions were more than halved. 
Two of the India's biggest IT players TCS& Infosys, reduced their head count for the first time ever. Even mid-sized players like Tech Mahindra laid off several employees. 
The USA Protect and Grow American Jobs Act states that any company that has more than 15% of its workforce on-site as "visa-dependent". Indian outsourcing companies sometimes deploy over 50% of their manpower on-site during projects.

Source: HOB Team