How To Fight The Skill Gap In The Tech World?

While the Tech industry is booming with the advent of new and advanced technologies, at the same time, the industry is facing a huge skills gap. The gap is due to the fact that there is not enough workforce that possesses in-demand skills. This skills gap is faced by most countries today. In order to address the vast talent gap, especially in technologies such as Machine Learning, Data Engineering, Full-stack Development, DevOps, and Cloud, engineers must break out of their comfort zones and upskill themselves according to the changing needs of the technology world.

As per a study by Knack, there is a massive demand for DevOps engineers with skills including full-stack engineering, virtualization, containers, among others. This is an example that today, almost every organization is looking for tech talent with know-how of entire application stacks rather than gurus in one area. A Knack and Amazon Web Services study revealed that more diversity or breadth in skills is in demand for engineers for the management of Cloud resources. To meet the talent needs for efficient development and deployment, corporates search for professionals who are highly skilled in such technology stacks.

Strategies to fight this Problem

Train & Upskill employees

It is extremely important for organizations to understand their present and future skill needs, develop a talent skilling plan in order to be relevant, and retain leadership positions in the market. Every organization's skill and talent needs are unique and to be customized.

Keep the least possible gap of skill requirement during hiring

Experiments in hirings - Each hiring that a Business makes is aligned to specific skill requirements. For example, for Machine Learning Engineers, business needs new hires to know various Algorithms such as Linear Regression, Logistic Regression, Na?ve Bayes and so on. Additionally, they must also know advanced subjects such as Neural Networks, NLP, Image Processing, Hadoop, Spark, etc. The hire should match a minimum of 90% of the Job requirement and here is the real problem. The availability of such resources matching your wide range of skill requirements is extremely difficult.

How to solve this challenge??

Despite the education system producing hundreds of thousands of graduates each year and despite the online training institutions that have grown multi-fold in the last few years, the skills gap still remains at an alarmingly high level due to the fact that the education system is not skilling and the online institutions are not bringing in new talent in the Industry. Hence, the answer to the stated challenge is customized skilling of the workforce at the point of entry.

Creating Talent Opportunities in a Talent Challenged Industry

Teksands' Lift-Off Program is a Sourcing + Bootcamp program that helps bridge the gap between corporates and skilled professionals. We source trainable talent with a certain level and range of skillsets and help them through a 1-3 month long Bootcamp program to attain requisite skills matching your requirements. We then offer corporates with this skilled talent after a rigorous Bootcamp phase.

How do we do this?

Our unique methods of tapping several non-traditional channels for superior candidate sourcing and conducting Bootcamp based skilling programs will give your faster sourcing of talent in trending skill areas like?Data Science, ML Engineers, Data Engineers, Cloud/DevOps Engineers, IT Security, and Full Stack Developers on React/Angular/.Net/Java.

The goal of the program is to bring in an additional 3% of graduates in the Technology workforce every year to stem the huge shortfall of technology professionals in the market. However, we need support from the Industry in achieving that monumental goal!