{"id":1243,"date":"2018-07-26T12:10:50","date_gmt":"2018-07-26T12:10:50","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=1243"},"modified":"2018-07-26T12:10:50","modified_gmt":"2018-07-26T12:10:50","slug":"nasscom-showcases-the-roadmap-for-futureskills-initiative","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/nasscom-showcases-the-roadmap-for-futureskills-initiative\/","title":{"rendered":"NASSCOM Showcases The Roadmap For Futureskills Initiative"},"content":{"rendered":"<p style=\"font-weight: 400\">As digitalization expands its horizons and upskilling becomes indispensable for professionals across the IT spectrum, the\u00a0National Association of Software and Services Companies (NASSCOM)\u00a0on Thursday showcased the roadmap for their\u00a0pilot reskilling initiative &#8211; FutureSkills. Conducted on the sidelines of the HR Summit,\u00a0Debjani Ghosh, President, NASSCOM\u00a0and\u00a0Amit Aggarwal, CEO, IT-ITES Sector Skills Council, NASSCOM\u00a0discussed the industry response and ultimate objective for the platform.<\/p>\n<p style=\"font-weight: 400\">The demand for emerging technologies like Big Data Analytics, Artificial intelligence, Machine Learning, Cybersecurity, Internet of Things and Robotics is increasing with the brimming need for a robust talent pipeline. NASSCOM\u2019s FutureSkills\u00a0platform (powered by Edcast) aims to\u00a0position India as the talent hub for emerging technologies, as the pioneer in global digital capabilities. An industry utility for skills development in 9 emerging technologies, 66+ job roles and 155+ skills, the platform is a complement to the government\u2019s Digital India initiative. The programme is pivoted on 9 emerging technologies: Big Data Analytics, Artificial Intelligence, Cyber Security, Robotic Process Automation, Internet of things, Social &amp; media, Virtual Reality, 3D printing and Cloud Computing.<\/p>\n<p style=\"font-weight: 400\">Debjani Ghosh, President, NASSCOMsaid, \u201cCapacity building and skill development have emerged as core components to bridge the digital disruption. As technology permeates through various industries, we are confident that the symbiosis of skills and innovation will be well absorbed across industries. With reskilling, productivity enhancement, and automation emerging as the future drivers of the industry, NASSCOM\u2019s FutureSkills platform is surfing a new wave of growth through the automation tide.\u201d<\/p>\n<p style=\"font-weight: 400\">Most companies today are generating and using huge amount of data. Hence, Big Data Analytics and Artificial Intelligence will have propensity to impact many sectors in the near future. The first few sectors to be impacted will be healthcare, retail, telecom and manufacturing, who will leverage insights from Big Data Analytics to drive their businesses. The total demand for AI and Big Data Analytics roles in 2018 will be 511,000 and will increase to 786,000 by 2021. Additionally, job creation for more traditional Big Data Analytics roles will grow at 7% compared to Data Scientist roles, which will be 65% over the next 3 years according to aZinnov Report. Keeping this in mind, the priority focus of the FutureSkills initiative will be re-skilling the workforce in AI and Big Data Analytics.<\/p>\n<p style=\"font-weight: 400\">10 NASSCOM member companies will be the pioneers who have enrolled in the first phase of the initiative, the second phase will open its doors to universities and colleges.\u00a0 Some of the \u2018Pioneers\u2019 include, Wipro and Tech Mahindra (IT Services), Cyient (Engineering Services), Genpact &amp; WNS (BPM), CGI (Global Capability Center), Purpletalk (Products), Dev-IT and Kellton (SMEs). Personifying co-creation and collective collaboration of the industry, these companies will work along with NASSCOM to curate the courseware and leverage the content to re-skill their employees. Industry experts will also contribute relevant information to keep updating the current learning content. Currently we have a user base of 200,000+ from member firms who have committed to re-skill their employees, from the\u00a030,000<strong>+<\/strong>\u00a0content pieces available on the platform.<\/p>\n<p style=\"font-weight: 400\">Across the entire spectrum of the industry, skill profiles are undergoing rapid changes witnessing a rising demand for enhanced digital capabilities. The FutureSkills programme which was launched earlier this February, ultimately aims to reskill 1 million professionals along with skilling 1 million potential employees and students in the industry over a period of 5 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As digitalization expands its horizons and upskilling becomes indispensable for professionals across the IT spectrum, the\u00a0National Association of Software and Services Companies (NASSCOM)\u00a0on Thursday showcased the roadmap for their\u00a0pilot reskilling initiative &#8211; FutureSkills. Conducted on the sidelines of the HR Summit,\u00a0Debjani Ghosh, President, NASSCOM\u00a0and\u00a0Amit Aggarwal, CEO, IT-ITES Sector Skills Council, NASSCOM\u00a0discussed the industry response and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[605,599,598,606,600,602,597,601,603,604],"class_list":["post-1243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-3d-printing","tag-artificial-intelligence","tag-big-data-analytics","tag-cloud-computing","tag-cyber-security","tag-internet-of-things","tag-roadmap-for-their-pilot-reskilling","tag-robotic-process-automation","tag-social-media","tag-virtual-reality"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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