The world has changed almost overnight, and yet Indian IT firms seem to be reluctant to take the plunge to radically overhaul their operations, wean themselves off the traditional model, and undergo some short term pain so they can compete in the digital present and future. Here's a to-do list that they may find helpful.Source: ZDnet
Infosys CEO Vishal Sikka refutes the general impression that Indian IT industry's outsourcing business is dependent on H-1B visa, rules on which are being tightened by US President Donald TrumpSource: Livemint
Driverless cars may put drivers out of business and recruitment automation may take away the jobs of some HR professionals, but we must remember that while 'routine' work gets automated with machine learning and AI, 'knowledge' work will still require human interventionSource: Financial Express
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.Source: HOB Team
A realistic understanding of AI, along with practices to transform industries, is required to capitalize on its benefitsSource: Livemint
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