While having the world’s third-largest developer base and a big pool of tech-savvy personnel, India falls behind its counterparts on important AI indices. Despite a strong startup scene, high-growth firms spending heavily on setting up CoEs, and heavy investments in establishing a solid ICT infrastructure, employers cannot find a skilled workforce.
The story of a significant skills gap lurks behind the AI and data analytics growth as the workforce battles to stay employable.
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With technology advancing exponentially over the last decade, skills that were applicable at the start of a career have become obsolete. To remain employable, workers must reskill to take advantage of new possibilities.
A recent poll among students with a sample size of 1,100 people, including 72.13%boys and 27.87% of girls, indicates that only 4% of respondents were willing to take a programme with no job guarantee, whereas 90% sought upskilling courses with a job guarantee.
Similarly, approximately 82% of respondents believed that the employment guarantee is the most important factor to consider when choosing an online upskilling programme.
The remaining 4% prioritised scholarships, while 9% chose internships at the end of the programme. Furthermore, approximately 86% of respondents believe that choosing a school with a job guarantee will help them obtain their dream career.
The above statistics reveal the preference for enrolling in an institute that offers a job guarantee. Still, it also outlines that the need for upskilling by enrolling in IT programmes has become an integral part of the growth process for learners.
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With rapid digitisation, the students today focus on making career choices that help them climb the ladder of success and acquiring tech skills is key to the process.
While the above statistics reveal a huge pool of opportunities for skilled professionals, let us look at the top 5 most in-demand skills today for college graduates to boost their career:
1. FINTECH
In India, 687 million people access the internet, and 500 million people use smartphones. Banks and insurance companies have seized the post-pandemic digital revolution and established an online presence with these statistics in mind.
This trend has opened up a whole new world of job possibilities for Full Stack Developers who can deliver end-to-end financial services.
A full stack developer programme enables young people to break into the industry and be on the cutting edge of digital disruption, with a starting package after completing the course of up to INR 8 lacs per year.
2. SALESFORCE
Salesforce, the world’s leading cloud-based CRM service provider, has also produced many employment opportunities in India. In India, around 1.3 million salesforce developers are required, and this number is increasing every day.
While enrolling for a salesforce certified developer programme, the learners must ensure that the programme includes an aggregator-specific capstone project, ensuring that they receive industry-specific training.
After completing the course, you might begin your career with a competitive starting salary
3. DATA ANALYTICS
Data is valuable, especially in India, second only to America for data science jobs. While as a country, we have plenty of job alternatives, there aren’t enough data analysts to match the growing demand.
Because of the scarcity, data analytics has become one of the highest-paying IT careers, even at the entry level.
A data analytics programme teaches you how to analyse, identify, evaluate, and comprehend data to transform it into actionable insights. A Data Analyst starting package can go up to INR 8 lakhs per year.
4. CLOUD COMPUTING
According to a report published by Markets and Markets, the worldwide cloud computing market size is estimated to rise from USD 371.4 billion in 2020 to USD 832.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 17.5% over the forecast period.
Cloud computing is one of the most popular technologies, and those with the required skill set are in high demand. With most businesses (large and small) migrating to the cloud, many cloud-related occupations are surging.
5. ARTIFICIAL INTELLIGENCE
In 2019, the worldwide Artificial Intelligence market was estimated at USD 39.9 billion, with a compound annual growth rate (CAGR) of 42.2% projected from 2020 to 2027.
Nowadays, AI is the most popular buzzword. Professionals with AI expertise, knowledge, and abilities are in great demand. Careers in AI are, without a doubt, future-proof and are predicted to thrive long into the future.
