Nasdaq-listed information technology (IT) services firm Cognizant will incur the cost of $400 million over two years as it sets to restructure its operations amid sluggish growth rates. Its NextGen Program aims at simplifying the operating model, optimising corporate functions, and consolidating and realigning office space to reflect a post-pandemic hybrid work environment. As part of this structural shift, Cognizant will eliminate 80,000 seats, or 11 million square feet of real estate in large cities in India.
Industry leaders are predicting hybrid cloud to be the next biggest trend in cloud computing.
A survey conducted by Oracle and Future Workplace revealed that 82% employees think robots can do things better than their managers.
AI and machine learning will only continue to grow in 2022, with a significant increase in the demand for such roles, notes Sekhar Garisa, CEO, Monster.com.
Roles ranging from digital marketing to wealth management are some of the emerging roles, notes Sekhar Garisa, CEO, foundit, a job search app.
Tech-driven skills will be in demand in the post pandemic era, alerts Sonya Hooja, COO and co-founder, Imarticus Learning.
'As the demand for transferable skills that can be remotely applied increases, the need for tech-based courses is on the rise/'
Be brave to fail, learn, and lead, advises Abhilash R, founder and CEO, Bloombloom Dreambiz (P) Ltd and B-HUB Lifespaces.
'Generic skills are in abundance, but technological advancements have left staple skills redundant.' 'It is why employers are now looking for alternate sources of hiring -- deploying gig workers, looking at Tier 2 and Tier 3 cities for relevant talent.'
With the changes in the workplace, in-demand skills, flexibility and being tech-savvy will help you save your job.
In the new Parliament House, with a soft launch this Winter Session, paper is expected to disappear. For the guidance of ministers, secretaries can scribble notes on linked pads even from their offices to respond to queries from members.
Ambrish Sinha, CEO, MeritTrac Services, identifies 6 future-ready skills that a post-COVID-19 workplace will require.
With the hybrid model in place, employees can take advantage of the working from office to build better working relationships, trust, and comradeship.
Even at the entry-level, professionals who have proficiency in emerging technologies will have an edge over others in these domains.
India's IT and business services market is expected to grow 5.4 per cent annually to reach $13 billion by December this year, research firm IDC said. The segment grew 5.3 per cent year-on-year (y-o-y) in January-June (H1) 2020 period as compared to 8.9 per cent growth in H1 2019, IDC said in a report. Of the IT and business services market, the IT services market contributed 77.4 per cent in H1 2020, growing 5.9 per cent y-o-y as compared to 9.3 per cent growth in the year-ago period.
Leadership, teamwork, communication, productivity, and wellness skills are essential for every employee's success.
There is a high demand for IT professionals who can envision, design and develop applications for the future.
'She seems to have disappeared off the face of the planet after telling different people different things.'
Over 80% of graduate engineers passing out of universities in India are unemployable. With digitisation going mainstream, this skill deficit can be redressed through world-class training material, points out Ankit Shyamsukha, CEO, ICA Edu Skill.
HR can make better hiring decisions with solutions powered by robotics & machine learning.
Most Indian engineers can code but are not confident in their ability to do so, notes Narayan Mahadevan.
Sanjeev Goel, business head, Manipal ProLearn, lists 10 courses that are currently most suitable for working professionals to upskill or reskill to ensure they remain of value in the job market and in future-ready organisations.
Seamlessly integrating multiple devices is becoming the single most important strategy for retailers, says Ritwik Sharma.
In a submission to the federal government on the size of the immigration programme to be set in the May budget, Australian Industry Group has asked the government to increase intake of immigrants from 190,000 to 220,000 in 2014-15.
The Indian-American was one of the real sheroes at the awards.
'50% of students lose out because of lack of English language skills.' 'Only 15% to 20% have the functional skills companies are looking for.'
Ashwini Asokan of Mad Street Den tells women to break stereotypes.
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
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