Landing a rewarding job in any company is never a cakewalk. Only a good job, befitting the skills and expertise of the candidate will give ample opportunities to the candidates to have a smooth and lucrative career. A career is labeled to have good growth only when it is the best both in terms of compensation offered and opportunities to learn.
These days, the professional world is on an ever-changing spree. Thus, you should always upgrade yourselves to get adjusted to this dynamic world. Every skill which is acquired, takes very less time to get replaced by another one, nowadays. Every year there is a demand for people with newer and advanced skills.
Need for upskilling due to a growing demand for AI and data science skills in 2020 job market.
Upskilling is the way toward the process of learning new skills or can say the way to upgrade the talent of yourself. Today every business is facing stiff competition in the market due to the Automation and robotization, thus the answer to surviving in the automated technology is to upgrade the talent of your employees and business teams.
While all enterprises are influenced by the change, the IT business assumes the liability of initiating the changes to encourage change in different ventures too.
The automation procedure across different enterprises has also created a scope for the IT products or services in the market. Innovation cycles are extremely short, prompting redundancies in specific procedures. Similarly quick, more up to date procedures and products are getting concocted for which upskilling of the workforce is obligatory.
As per the economic times’ report, it has been found that there are around 50,000 jobs vacant which require the knowledge of AI and data science. As per a TOI report, 20L jobs will be created in Digital Marketing by 2020. Most small and medium-sized companies require excel-trained candidates for their data-entry and MIS profiles, GST, Tally & compliance trained for Account profiles. These positions are vacant due to the result of the inaccessibility of required skills in the market to meet the new-age needs.
This makes upskilling a social standard. It is vital for working experts and as well as freshers to redesign themselves. This is the place the rising significance of AI and data science in making more up to date work jobs has come into the image.
Further, it is expected that the machine learning and AI alone has the scope of generating more than 3-4 million jobs by 2020.
Thus, it implies that there is a wide scope of new opportunities for young and unskilled professionals in the industry.
Many IT companies resort to layoffs when it comes to hiring potential candidates with better skills. Thus the senior executives, who might not have upgraded their skills, easily bear the brunt of the higher authorities. Therefore, upskilling is the only solution to proceed further.
India does not lack talented people, the only reason why it is still competing to attain the topmost position is that very less number of people has the inclination and the right attitude to learn new skills that would help them to improve at a faster rate. To keep up the pace with this growth, you should definitely learn new skills.
How upskilling helps in benefiting the job market for the potential candidates
- It helps in improving the employability level. Hence becoming an asset instead of a liability.
- It also avoids redundancy in the job market.
- It also ensures as well as improves the agility of the employees in the job market.
- It also improves the future job prospects for potential employees thus providing job security
- It increases their productivity with the implementation of these new skills in their daily work life
Therefore, Upskilling is always necessary to bridge the gap between the skills acquired by the workforce and the emerging trends of various industries. With almost all industries have undergone a massive transformation, you now know the answer to cope up with it.
So, let’s get started with your Upskill journey with us at Skillongo – the place to upskill.