How the convergence of technology, education and skills can create a future-ready India


The Covid-19 pandemic has undeniably changed the dynamics of almost every aspect of the world. However, it has also accelerated the evolution of technology from convenience to necessity. The technology has proven to be a savior amid pandemic-induced lockdowns and chaos, allowing several businesses to stay afloat.

It has also facilitated the organization’s transition to mass remote and hybrid work through digital communication channels. Given the tsunamis of technical change that emerging technologies like AI and machine learning are ushering in, an AI-driven experience economy needs rapid adaptability to new opportunities.

However, this will present huge challenges for businesses due to the scarcity of the necessary expertise.

Therefore, employers today are constantly on the lookout for candidates who are technically prepared for the current role and motivated to upskill to join the future-ready workforce.

According to a recent report by PwC and the World Economic Forum, effective skills development initiatives could help create 5.3 million net new jobs worldwide by 2030.

Above all, to stay ahead of the game and keep up with the rapidly changing tech-savvy world, it is essential for professionals to continuously upgrade their skills to build skills and job security in a job environment. also competitive and skill-based.

Trends observed in 2021

The business world is changing rapidly and hiring practices have changed dramatically in recent years. Moreover, data is becoming essential and has the ability to unlock the enormous potential of businesses, and it is the next big thing in virtually every industry.

Importantly, with digital transformation gaining traction, the demand for data analysts and AI/ML experts has never been higher. To keep up with changing future needs, young people in particular recognize the need to upskill and become more relevant to the business sector.

Understanding this, young professionals have expressed a strong desire to learn more about data science, data analytics, artificial intelligence, machine learning, and other related fields. On top of that, organizations have realized that skills are far more important than a degree in today’s society.

This has created an increase in demand for professionals with in-demand skills, such as data science, machine learning, AI, FinTech, investment banking, supply chain management, etc. .

Upskilling yourself is perhaps one of the surest ways to avoid layoffs and ensure a successful career in today’s world. To retrain and upskill, professionals and aspirants in various fields have turned to professional training platforms offering certificate courses that not only offer insight into the latest industry trends, but also allow them to apply concepts learned in real life.

The way forward in 2022

With continued technological advancements, organizations will increasingly focus on developing their workers to compete in this competitive world and build future-ready people.

As a result, in 2022 skill development will almost certainly increase. Above all, besides these technology skills, people who want to start or improve their jobs should also focus on power skills.

According to the World Economic Forum’s Talent Outlook 2022, skills such as analytical and critical thinking, complex problem solving, leadership and social impact will be in high demand in the future.

– Article by Nikhil Barshikar, Founder and MD, Imarticus Learning

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