Security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic with the cost of data breaches to Indian organisations rising close to 18 per cent to Rs 16.5 crore on an average between May 2020 and March 2021, according to a report by IBM. The study pointed towards similar trends in other parts of the world with data breaches costing surveyed companies $4.24 million per incident on an average - the highest in the report's 17-year history.
French IT firm Atos is planning to hire 15,000 people in the next 12-18 months in India, including climate experts, as it moves towards decarbonisation by 2028, chief operating officer (COO) Nourdine Bihmane said. "India is a strategic market for Atos. "We have been present here for the last 30 years, and we have grown organically since. "People and innovation are our two key drivers to build momentum. "India represents one-third of our total workforce," Bihmane said. Atos has around 40,000 employees in India.
IT services major Infosys on Wednesday announced a new programme, wherein it will offer 500 job seekers the opportunity to complete a fully digital, online diploma course certified by Salesforce. The programme aims to prepare Americans for 21st century careers in the technology sector. Leveraging Trailhead, Salesforce's free online learning platform, the program will train these 500 American workers, free of cost, for roles at Infosys as Salesforce Certified Administrators and Salesforce Industries Developers, a statement said. The programme, targeting recent graduates from major universities, liberal arts colleges, and community colleges, will help Infosys to create a workforce prepared for the future, it added.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
Ashish Narsale/Rediff.com glances at some of the most interesting robots presented at the latest edition of the Consumer Electronics Show.
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.
Tech-driven skills will be in demand in the post pandemic era, alerts Sonya Hooja, COO and co-founder, Imarticus Learning.
Experts believe adoption of AI in developing countries will be much faster than in developed nations, as the magnitude of change it will bring will be far larger.
Indian companies seem to be trailing behind. They will have to catch up by reskilling the workforce and ramping up investments.
... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.
Nia builds on Mana, the first AI platform introduced by the software services major last year. It also includes the robotic process automation capabilities of AssistEdge, another Infosys solution.
In the age of robots and automation, skills such as people management, coordination and negotiations will be relevant, says Babita Shekhar.
Virtually addressing employees of Air India across the globe, he said for the airline to be the best again there will be an organisational redesign, and it will "require a huge transformation, probably the largest transformation and the change all of you would ever go through". The carrier will expand its "outreach both domestically and internationally" and it has the desire to connect India with every part of the globe, he added.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
Having the right know-how and being able to adapt to changing trendsd and industry shifts can make all the difference to how a business functions today.
Adapting to the new hybrid normal of remote and office work, cautiously optimistic corporate are looking to hire more people and provide better appraisals in the new year as they step out of the pandemic-ravaged 2020. The coronavirus pandemic emerged as the biggest inflection point for the Indian job landscape. For the corporates, work-from-home and remote workers became the new normal and for the professionals, online learning and digital skills took centrestage.
'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.'
Reskill and Restart - powered by Infosys Wingspan - takes job seekers on a guided journey, beginning with aptitude and skills assessment, followed by curated job-specific skills training, and culminating in matching them with available positions.
Modi cautioning that cryptocurrency can spoil the youth.
As the government faces a difficult choice in keeping up with the rest of the world in AI development while making sure it does not add to unemployment, it has set up a task force to draw up a policy for the accelerated deployment of AI
Individuals who can understand data and go for data driven decisions making using their critical mind will be highly valued.
ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space
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.
India's IT/BPO story isn't over yet, believes Ganesh Natarajan.
India's IT/BPO story isn't over yet, believes Ganesh Natarajan.
'50% of students lose out because of lack of English language skills.' 'Only 15% to 20% have the functional skills companies are looking for.'
With the demand for lower costs in process driven activities and a move away from the high rate, billable hours of legal services, AI platforms are being used internationally in many legal tasks.
The Zenfone 5z scores on more than just price, says Khalid Anzar.
Most Indian engineers can code but are not confident in their ability to do so, notes Narayan Mahadevan.
There is a high demand for IT professionals who can envision, design and develop applications for the future.
'One problem with machine learning is that extensive human inputs are required.' 'This is both an expense and time consuming.' 'If AIs can do this on their own, the process may become more efficient,' says Devangshu Datta.
The Tata-SIA airline Vistara is gearing up to station an indigenously developed robot, RADA, at its signature lounge at Delhi airport's Terminal 3. Powered by AI, the robot is programmed to scan boarding passes, provide information on the terminal, departure gates, real-time flight status and weather conditions of destination city etc. And RADA can also entertain people by playing games and multimedia content, says Sangeeta Tanwar.
Zuckerberg said the AI burtler would look like Jarvis from Hollywood blockbuster film Iron Man
Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.
In an otherwise agriculture- and public health-focused Union Budget 2018-19, artificial intelligence, machine learning, blockchain technology, internet of things -- jargons that found little or no mention in the previous Budgets -- managed to make their presence felt.
Akash Ambani's first big job as he takes over as chairman of Reliance Jio, the group's telecom arm, is a no-brainer - he has to get his company through the long-awaited 5G auctions that are a few weeks away. But his bigger job, analysts said, will be to lead the transformation of the telecom company into a tech giant, a process that is underway as it seeks to list in the US. Insiders said there has been plenty of debate within the company's top executives on the auction strategy.
A company likes a candidate who can do many jobs and save costs, says Sridhar Ramakrishnan.
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.
'We are training people to learn AI, machine learning, robotics; it is just new programmes that teach them new things and the raw material, the people, are eager to learn.'
With the changes in the workplace, in-demand skills, flexibility and being tech-savvy will help you save your job.