One in Two with Digital Skills Changes Jobs as Demand Soars


Posted May 11, 2022 by yashvis2503

Even as the $200 billion Indian IT industry is battling with unprecedented attrition levels, attrition in digital skills such as cloud computing

 
Even as the $200 billion Indian IT industry is battling with unprecedented attrition levels, attrition in digital skills such as cloud computing, Artificial Intelligence, big data, etc, is almost touching the 50% attrition mark or one in two people, data collated and analysed by ET shows. Other skills which are top in demand include analytics and IoT along with Crypto, Cybersecurity and Block chain. Meanwhile, the overall IT services sector in India created more than 500,000 new jobs in FY22, doubling the earlier projected net growth of 3 its active workforce for the fiscal, according to data put together by Xpheno and shared exclusively with ET. The job creation was led by Indian IT services marquees such as TCS, Infosys, Wipro, HCL, Tech Mahindra, L&T Infotech, Mindtree. That apart, the sector also gained from net additions by MNCs like Accenture, Capgemini, Cognizant, IBM, Oracle. Just 30 & marquee companies contributed to 90% of the net headcount growth.
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Issued By yashvi
Country India
Categories Automotive , Business , Internet
Tags capgemini , digital , internet
Last Updated May 11, 2022