Various technological, business and economic factors are driving change and accelerating pace across businesses, leading to powerful, secular and persisting evolution across the board including the IT industry. This and many more such trends will be discussed during the 14th edition of the two-day NASSCOM HR Summit 2017 which kick-started in Chennai. With the theme - “The times they are changing” - the summit looked at talent strategy for future and the consistent efforts that the industry is making to create opportunities for skilling and re-skilling of talent.


The Skills Imperative
• Net hirer adding 1.3 - 1.5 lakh jobs
• Decoupling of revenue and headcount growth - non-linear growth
• Technology skills demand in other sectors to grow at a higher rate
• Focus on reskilling and academic partnerships
• New job roles: Cybersecurity, mobile app development, new user interfaces, social media, data scientists, platform engineering
• New skills: Big data analytics, cloud & cybersecurity services, IoT, service delivery automation, robotics, AI/machine learning/NLP, etc

The two days of the summit encompasses discussions on the existing trends, challenges and industry-readiness to take them on, and to identify the trends and predictions for the next one, three and five years.

Talking about the re-skilling effort of the industry, Mr. R Chandrashekhar, President, NASSCOM, said, “Tech shifts happenings are the most profound and reshaping lives and businesses across the world. The Indian IT industry is not only driving the change but is also reorienting itself to `As-a-Service-Economy’ business model. Automation is a global inevitable force and it will take time for any industry settle. In the current scenario, at an industry level, growth must outpace impact of automation. And therefore, re-skilling & up-skilling combined rigorous performance appraisal and workforce realignment should be the top most priority for employee retention and professional growth.


He further added that, “Increasingly, opportunities for technically skilled personnel is spreading across sectors, where a combination of technology skills, domain knowledge and soft skills is needed.”


On the side-lines of the summit, NASSCOM also announced the winners of Digital Skills Awards 2017 to highlight the initiatives undertaken by technology firms to develop digital capabilities among existing and future workforce. NASSCOM Digital Skills Awards invited case studies from companies that highlighted how technology firms in India are developing relevant technology capabilities such as Big Data, IoT, Machine Learning Cloud Computing and Cyber Security within the workforce. NASSCOM received a total of 48 case studies across large, medium, and small companies. These companies were judged across 5 broad parameters: Leadership involvement, Infrastructure (learning platforms), Training content, Impact of these programs in terms of number of people trained and Return of investment (internal & business).

NASSCOM Digital Skills Awards

Company & Program

Infosys Ltd
Digital Academy: Creating programs on domain and emerging technologies for future needs
Results: Infosys delivered 58,000+ training days in a year with 143,000+ employees spread across geographies having 680+ full time educators and 39 behavioral training experts approachable to the employees.

iNautix Technologies
Digital Pulse (NEXEN Building Block): A Platform to Connect, Collaborate, Contribute
Results: 644 employees trained on the new platform– cloud, data analytics, app development in last one year.

L&T Technology services
Transformation program for Digital Re-skilling: A personalized individual training plan created based on team, BU and Org. goals
Results: 1700 employees trained on digital skills, 164 SMEs used for various training sessions, 200+ digital training sessions conducted in 2016

Mindtree
Digital Engineers for Tomorrow: Empowering Mindtree minds with Digital skills
Results: 50% of Mindtree touched at least 1 Digital Skill

Saviant
Digital Skills Development Program: Creating knowledgeable workforce with skills to analyse business problems and create solutions
Results: Delivered skill learning on SMAC ,AI/ML/NLP, IoT, Wearable Apps, Blockchain/Microservices/DevOps and Design Thinking

CSS CORP Pvt. Ltd
In-house state-of-the-art learning academy
Results: 4396 employees trained along the program duration

Hughes Systique Pvt. Limited
Facilitating re-engineering of its workforce at all levels of the pyramid to enhance their skills and expand their knowledge.
Results: 30% of workforce is ready with requisite expertise with a target of 50% by end of next year


About NASSCOM

NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPM industries in India. NASSCOM is a global trade body with more than 2100 members, which include both Indian and multinational companies that have a presence in India. NASSCOM's member and associate member companies are broadly in the business of software development, software services, software products, consulting services, BPO services, e-commerce & web services, engineering services and animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs over 3.5 million professionals.
For more information, please visit: www.nasscom.in    

Kavita Doshi
NASSCOM
+120 4990200
kavita@nasscom.in

 Rudra Bose | Shruti Singh
 NASSCOM India Press Office - Genesis Burson-Marsteller
+91 9811626585 | +91 9654497747
rudra.bose@bm.com | Shruti.Singh@bm.com