IT sector changing in AI era! Nascom’s warning
The call of major changes in the IT sector of India has been heard clearly. The country’s leading IT industry organization Nasscom has admitted that the technical world is at a turning point, where there is a possibility of retrenchment, resciling needs and changes in hiring patterns. This statement holds special significance after the recently pruning of 12,000 employees announced by TCS. NASCom also said that traditional skills are no longer useful due to AI and automation and now companies are moving towards product-Aline models.
AI is becoming the reason for increasing impact
According to Nascom, Artificial Intelligence (AI) and automation have now become an integral part of the service structure, not just support tools. Due to this, not only the delivery models are changing, but the roles of the employees are also being redeemed. He said that global customers are now demanding higher speed, agency and innovation. In such a situation, the relevance of traditional service models and skills is decreasing, due to which some companies have to restructure the workforce.
The beginning of India’s largest IT Leoff?
The country’s largest IT company TCS has recently announced to reduce 2% of its global workforce. This will affect the jobs of about 12,000 employees of mid and senior levels. This is considered to be the biggest IT layoff in India so far, which has put the entire industry in the can. Now the question is whether this trend will reach other companies too?
No crisis, time for change
However, NAScom has described this change as not a completely crisis, but structural transformation. The institution says that new roles, new value chains and new opportunities are revealed with every technology change. He emphasized that companies would have to continuously skill, apocalyp and cross-skill, so that the workforce can be kept ready for the future.
Training given to more than 1.5 million people in AI
According to NASCom, more than 1.5 million professionals in the industry have been trained in AI and generative AI so far. Out of these, about 95,000 employees are working in large IT companies of the country and have been given advance certifications in areas such as AI-Native Cloud, Embedded AI, and Applied Intelligence.
Not just a degree, ‘deep-domain expertise’
Nascom also says that the trend of hiring is going to change completely in the coming times. Now companies do not only need normal tech skills, but they need deep domain expertise. This means that it will not be enough to know only programming or coding, but the candidate will have to show expertise in his domain, healthcare, cloud security or data engineering.
It is necessary to upgrade skills
The biggest challenge before the companies in this transition period will be how to upgrade the skills of the existing employees. NAScom believes that every company will have to face this change according to its strategic needs. For some it may mean trimmed, then for some internal re -regions and training.