With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping $100 billion mostly in salaries annually, says a report. The domestic IT sector employs around 16 million, of them around 9 million are employed in low-skilled services and BPO roles, according to Nasscom. Of these 9 million low-skilled services and BPO roles, 30 per cent or around 3 million will be lost by 2022, principally driven by the impact of robot process automation or RPA. Roughly 0.7 million roles are expected to be replaced by RPA alone and the rest due to other technological upgrades and upskilling by the domestic IT players, while it the RPA will have the worst impact in the US with a loss of almost 1 million jobs, according to a Bank of America report on Wednesday.
Leadership, teamwork, communication, productivity, and wellness skills are essential for every employee's success.
The application was filed in 2006 by Motorola Mobility LLC, now changed to Google Technology Holdings LLC for method and apparatus of providing text messages
With the changes in the workplace, in-demand skills, flexibility and being tech-savvy will help you save your job.
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
The global semiconductor shortage hit passenger vehicle sales in September, with major manufacturers like Maruti Suzuki, Hyundai and Mahindra & Mahindra reporting a decline in sales on Friday. Kia India and Honda Cars also reported a dip in wholesales last month as compared with the year-ago period. Carmakers like Tata Motors, Toyota Kirloskar Motor, Nissan and Skoda, however, reported an increase in passenger vehicle dispatches last month despite supply chain issues.
It may not be an exaggeration to say that in the next three years, in India itself a million jobs or more might be at risk due to automation. How we leverage its benefits will determine our fate in the digital era.
With smart mobile devices inching out desktops and laptops, global research firm Gartner has said that it expects about half of first time computer purchases to comprise of tablets by 2017.
Prospects are grim for many, as humans and organisations aren't keeping up with the pace of technology. Shyamal Majumdar ponders the future of employment.
Marking a significant turnaround in personal computer sales, the desktop PC market clocked 23 lakh (2.3 million) units, registering a 37 per cent growth during 2002-03, compared to a negative growth of 11 per cent last year.
Personal computer sales in the country are likely to grow 40 per cent during 2004-05 touching 4.2 million units, the Manufacturers Association of Information Technology said on Thursday.
Neri Oxman is an award winning architect who combines technology with botany and life.
The Delhi high court on Tuesday suspended the three-year jail term of former Union minister Dilip Ray in a coal scam case pertaining to irregularities in the allocation of a Jharkhand block in 1999.
Parekh, who is joining the company from Capgemini, will take over on January 2, 2018..
'Everybody says 5G and communication is important.' 'Everybody says automation, robotics, human computing interfaces -- people and machines working together -- is the future.' 'Everybody agrees that cybersecurity is something that is here to stay.' 'Everybody agrees that synthetic biology is important.' 'Instead of outlining thinking about industries for tomorrow and the future, let the evolutionary pathway be built in a way that it promotes robust, creative, thinking.'
With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.
Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave.
For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.
Some of them include Spider G, NeuroTags, Genrobotic Innovations, AI Aeronautics, Synersense, Dealshare and NanoHealth. 'Highway to a Hundred Unicorns,' the Microsoft for startups initiative, works closely with local governments to strengthen the startup ecosystem in each state.
Rising prevalence of work-from-home and e-learning is driving sales of notebooks and tablets for most brands, but Apple's superior performance has more to do with its product quality.
A specialised force with 1,000 personnel to be formed in the state for the same.
While chips have become ubiquitous, Moore's Law has remained a self-fulfilling prophecy even half a century later. Not bad for an industry where the time scale is not measured in decades and centuries, but in annual quarters, says Shivanand Kanavi.
Annualised staff attrition rate at Infosys rose to a record 20.1 per cent in the September quarter.
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
Ajit Balakrishnan offers a recipe for creating 100,000 plus angel investors in India.
Modi is seen as exceptional not only on account of his acts but also owing to his style. He appears to sacrifice his life for the people -- like a fakir, a figure he came to epitomize even more in 2020 by growing a long white beard. Charisma is above accountability, and Modi has grasped these dynamics.
The job placement rate for students trained by NIIT in China is over 90 per cent.' A revealing excerpt from Saibal Dasgupta's Running With The Dragon: How India Should Do Business With China.
Software employees can opt for company-run programmes, online courses, boot camps to upgrade skills.
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
Describing the trial as "fully successful", the sources said, the sophisticated missile travelled for 19 minutes and covered 4,900 km.
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
Power transmission infrastructure in 18 major cities could be potentially hacked.
Tax problems and unfavourable WTO agreements are making Tamil Nadu's electronics corridor less attractive to companies.
In order to check online child pornography, government has initiated steps to devise a mechanism to access Interpol's 'worst-of-list' through Central Bureau of Investigation and disable such content on internet.
'AI will be bigger than the advent of the Internet or the harnessing of electricity.' 'India must embrace it with all its might,' says NITI Aayog CEO Amitabh Kant.
Retailer bodies to demand govt action against I-Day sales offers, threaten legal action for breach of FDI rules.
The one-size-fits-all approach adopted by the AICTE is not suitable for regulating business schools in India, argues Asish K Bhattacharyya.
'Every educational institution should have incubating centres so that students will get exposed to entrepreneurship early.'
If you have pursued your bachelor's degree from elsewhere, studying a master's programme in public universities in Germany is easier as 80% of the universities are free, says Sushil Sukhwani.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances