Active Stocks
Tue Apr 16 2024 15:59:30
  1. Tata Steel share price
  2. 160.05 -0.53%
  1. Infosys share price
  2. 1,414.75 -3.65%
  1. NTPC share price
  2. 359.40 -0.54%
  1. State Bank Of India share price
  2. 751.90 -0.65%
  1. HDFC Bank share price
  2. 1,509.40 0.97%
Business News/ Industry / Human Resource/  Growth in cloud spending exposes skills gap
BackBack

Growth in cloud spending exposes skills gap

Except for IISc and a few IITs, not many institutions in India do much in-depth research on using technologies such as AI
  • Reports had indicated that the demand for such professionals would rise to 440,000 in 2020, with supply available for only about half of that
  • Except for IISc and a few IITs, not many institutions in India do much in-depth research on using technologies such as AI. (HT)Premium
    Except for IISc and a few IITs, not many institutions in India do much in-depth research on using technologies such as AI. (HT)

    The need for skilled personnel who can work with cloud-based systems has grown following the outbreak of the coronavirus.

    India is among countries in the Asia-Pacific region that will face a skills gap. “Many organizations lack the cloud expertise that could help their initiatives get off the ground quickly," said a recent study by the Boston Consulting Group and Amazon Web Services.

    As much as 55% of respondents in the study said they are “focusing on reskilling their staff", but that could slow down the rate of adoption for cloud infrastructure, which is the need of the hour right now. Requirements include professionals who can work in artificial intelligence (AI), machine learning (ML), cybersecurity, blockchain, and analytics.

    “More important than adoption (of cloud) is that organizations are quickly exposed to assets such as the security framework, flexibility and scalability framework where cloud adoption comes up in a big way," said Monesh Dange, partner and national leader, advisory markets, EY India.

    “At the scale at which this is going to happen, the requirements for skills have gone up in a big way," he said.

    Professionals need to be skilled in cloud architecture, cloud security, remote data centre management, and managing heavy duty applications on the cloud, Dange said.

    Simple applications such as Word can be done from anywhere, but when it comes to things such as computer-aided design, it requires more skilled professionals. “There’s a dearth of these certified professionals," he said.

    However, Dange added that an existing base is actually available in India. The matter is more about upskilling of existing professionals, which has to be done by both enterprises and the professionals themselves. “A cybersecurity professional today isn’t spending as much time on AI and ML as they were spending on their core. In today’s world, cross-skilling is needed," he said.

    “There are multiple types of skill gaps here," said Jayanth Kolla, founder and partner, Convergence Catalyst. “If you look at it globally, there are two primary areas where the talent comes from—universities and industry. In India, except for IISc and a few IITs, not many institutions do much in-depth research on using these technologies. Even in bigger companies, it’s not product-oriented, it’s service-oriented. So, it doesn’t require a lot of core deep tech engineers on the panel," he said.

    Further, other reports had indicated that the demand for such professionals would rise to 440,000 in 2020, with supply available for only about half of that. These reports, of course, didn’t take into account the pandemic and how it would impact spending on cloud infrastructure.

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    ABOUT THE AUTHOR
    Prasid Banerjee
    An engineering dropout, Prasid Banerjee has reported on technology in India for various publications. He reports on technology through text and audio, focusing on its core aspects, like consumer impact, policy and the future.
    Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
    More Less
    Published: 25 May 2020, 11:16 PM IST
    Next Story footLogo
    Recommended For You
    Switch to the Mint app for fast and personalized news - Get App