Showing posts with label Jobs Data. Show all posts
Showing posts with label Jobs Data. Show all posts

Monday, 25 July 2016

Automation will shrink jobs in IT-10 skill sets to help you stay relevant

Automation will shrink jobs in IT but these 10 skill sets can help you stay relevantRuchi Bambha ECONOMICTIMES.COM | Jul 22, 2016, 01.57 PM IST
http://economictimes.indiatimes.com/jobs/automation-will-shrink-jobs-in-it-but-these-10-skill-sets-can-help-you-stay-relevant/articleshow/53335456.cms
NEW DELHI: India's Information Technology (IT) job market is likely to take an automation hit.

Campus recruitment of graduates across engineering colleges is looking at its first dip since 2009, a time when global recession had led to significant job losses and lower hiring by companies, as companies resort to automation in entry ­level coding jobs and look at optimizing their bench strength.

HfS report points that while process-based jobs will perish, the industry will see a 56 per cent increase in high-skilled jobs.

"With clients worldwide tightening their IT spends and the IT industry grasping digital and its nuances, companies are focusing on strengthening their existing workforce while trying to understand what the future will hold in terms of skills, jobs and work. From a one­time training system, IT companies will need to adopt ongoing and sustainable training while incentivising self learning," says Nasscom president R Chandrasekhar.

A US­based research firm HfS Research predicts that India's IT services industry will lose 6.4 lakh 'low­skilled' jobs to automation in the next five years.

By 2021, HfS said that the IT industry worldwide would see a net decrease of 9 per cent in headcount, or about 1.4 million jobs.

"India churns out nearly 16 lakh graduate engineers every year, of which nearly two lakh are absorbed by the IT industry ­ the largest organized recruiter at the
campus," the report states.

Nasscom says fresh hiring in the current financial year may be lower than last year as IT companies are facing pressure on margins, besides focusing on automation of jobs.

"Hiring activity in the year before last was 2.20 lakh (new jobs were created in IT sector). Last year, (FY 2015­16) there were about two lakh additions. This
financial year, we are expecting it to be on the lower side of that", says Chandrasekhar.

But all is not that bleak.

The HfS report points that while process­based jobs will perish, the industry will see a 56 per cent increase in high­skilled jobs. High­skilled jobs require creative problem solving, analytics and critical thinking.

Automation will shrink jobs in IT but these 10 skill sets can help you stay relevant ­. So, if you have to stay relevant in the IT sector, there is enough scope. Here are 10 high­skill jobs that will help you stay secure professionally:
  • Web production lead
  • Product designers and simulation engineers
  • Data scientist
  • Digital marketing head
  • Mobile product development engineers
  • Product developers
  • Actuary
  • Information security analysts
  • Research and development engineers
  • Quality assurance analysts
The mid­skilled have a chance to upgrade their knowledge quotient. For the low­ skilled, short­ term courses in integration and management services,
web research and content management can increase their employability quotient.

Till educational institutes revise their courses, one will have to pick up some new skills for better jobs.

Friday, 29 January 2016

Top 25 High Paying Skills That Can Get You A Job In India in 2016

Top 25 High Paying Skills That Can Get You A Job In India in 2016Mohul Ghosh
January 29, 2016




Linkedin, world’s largest professional network, has come out with their annual ‘The 25 Skills That Can Get You Hired in 2016’ list in order to gauge the demand and supply ratio. This list has been created based on the hiring and recruitment activities witnessed on their platform last year; and based on their internal research pertaining to the jobs market.

The most desired skill this year would be Cloud and Distributed Computing skills, which has been ranked #1 in this list. Interestingly, last year this skill was not even in the top 25 list!

This means two things:

a) Cloud is making a massive comeback

b) Integration of Cloud with Digital would be the next big thing for the market.

Statistical and Data Mining skills, which is part of the Big Data niche is ranked #2; which was incidentally ranked #1 last year. Hence, this proves that Big Data is here to stay and will be in demand for the next few years to come.

At #3 this year is Marketing Campaign, followed closely by SEO/SEM Marketing at 

#4. Last year, Marketing Campaign skill was placed at #12 while Digital Marketing was ranked #16 and SEO/SEM was ranked #6. The elevation of both of these skills translate into one important factor: More and more businesses need digital marketing, and SEO isn’t dead yet. (related: Digital Marketing predictions for 2016)

Mobile development has been ranked #6, which has climbed 1 position compared to last year. Considering that Mobile is the new Digital, this is hardly surprising; we may witness it’s ranking even higher in the next 12 months.

Skills related to hardware and security such as Network Security and Information Security has dropped 3 positionswhile Storage Systems and Management has dropped 5 positions in the last year. Does it mean that businesses need less security now? No, this means that IT security aspect is now increasingly being automated, and only those security wizards are in demand which have the right skills. Job market is certainly tight in this sector.
Skills Which Lost Demand

Compared to last year, skills such as Middleware and Integration Software have gone down in demand, while skills such as Recruiting has disappeared from the list. In fact, Business Intelligence, a very crucial skill for large scale businesses has lost 12 spots compared to last year.

This speaks volume about our prophecy regarding automation and artificial intelligence: Jobs which were considered big deal in last few years are slowly but gradually getting out of fashion.

Some other skills which lost their flavours include:

Algorithm Design (lost 3 places); Pearl/Python/Ruby programming (lost 3 places); Mac, Linux, Unix System (lost 2 places); Economics (lost 6 spots)

Besides Recruiting, skills which have vanished from this year’s list include: SAP ERP, Integrated Circuit Design & Game Development.



New Jobs Skills Which Are In Demand

Meanwhile, traditional jobs are making a massive comeback as skills such as Electronics and Electrical Engineering, Economics and Corporate Law are now included in the top 25 list.

Traditional IT jobs such as Database Management and Software, Software Modeling & Process Design, Software Testing have also made a grand comeback this year. This basically means that businesses are going back to the old school model in 2016.