During the few years, India’s IT industry saw nearly 55000 job losses as roles in pure traditional programming languages faced uncertainties due to slowing demand from clients, according to estimates given by recruitment agencies.
Hiring new skills became the new alternative. Courses in blockchain, data Science, artificial intelligence, cybersecurity are now being given priority over older skills.
One of the main reasons could be cited as the faster growth in digital technology-based services with share of revenue ranging between 26 and 28%. To add, revenues from traditional programming-based services, which still forms the core, is dwindling.
Looking at the scale in which upskilling is happening, edtech firm Edureka has found few patterns of upskilling among the young IT professionals.
An online survey done on around 400 IT professionals, found that 42% give up after starting to learn a new technology, mainly due to lack of self motivation.
On the other hand, 24% say they give up around half of the time while 34% say they rarely or never give up.
The survey also found that most of the IT professionals do not hesitate to spend on quality of education but expect more than just convenience. Accessibility of the platform is another important factor, cites the professionals. Most learners prefer a high level of interactivity & engagement when they learn.