IT Firms Are Hiring, But Facing Talent Gap!
Big IT giants like Wipro plans to hire around 30,000 more freshers in the financial year 2022-23. TCS also expects to hire more in the ongoing quarter. The demand in the IT sector is increasing, but corporates are unable to meet it, widening the supply and demand gap. While India has a good STEM (Science, Technology, Engineering, and Mathematics) supply of graduates estimated at around 2.14 million annually, only 35% of such graduates are employed in the tech sector of the country.?
?The IT industry is growing with new-age digital skills like Artificial Intelligence, Machine Learning, Low Code Development, and Cybersecurity becoming the need of the year are going to be the base skills by 2030. Nasscom says that increasing technology adoption is driving the demand for digital tech talent across industries. Wondering what can be done to bridge the gap? To meet the deluge demand, corporates should think about upskilling and reskilling freshers and employees so as to make them industry-ready. A long term strategy is required to close the talent gap, and here’s where our Lift-Off Program comes into the picture. If you wish to know more about the program, you can visit:?https://teksands.ai/ebp