Friday, Dec 1 2023 | Time 22:43 Hrs(IST)
Business Economy

IIIT-Hyderabad unveils report on demand for Expertise in Disruptive Technologies

Hyderabad, Dec 28 (UNI) IIIT-Hyderabad in association with TalentSprint
unveiled a report on Demand for Expertise in Disruptive Technologies among
Technology Professionals, here on Thursday.
The report showcased the trends among working professionals in Hyderabad
on how they are gearing up to acquire expertise in the latest AI/ML(Artificial Intelligenence/
Machine Learning) technologies.
An analysis of applicant data reveals four key insights -- professionals with more
than 5 years in the industry are keen to upgrade themselves; there is a rising
demand for AIL/ML programs from professionals working in the IT services sector;
start-ups and small companies are embracing disruptive technologies rapidly and women
professionals and young professionals with less than 5 years of experience are not sufficiently
aware of the need to acquire new expertise.
The report said that women and young professionals are still not adequately aware
of the acute need to acquire expertise in disruptive technologies.
Nearly 33 per cent applicants have over 10 years of work experience and suggested
there is now an urgency among senior professionals to acquire expertise in emerging technologies,
the report said.
73 per cent applicants are from IT services companies and most of the applicants are from
start-ups and small companies, the report revealed.
A recent NASSCOM report mentioned that many jobs which are available today may cease
to exist in the next five years. Therefore, there is an immediate need to acquire new expertise in
disruptive technologies.
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