70% Firms Focus On Skills For Cloud Computing, AI/ ML, Mobile & Web Development

52% Organizations Spend 60-100 Hours A Year Digital Learning

FinTech BizNews Service

Mumbai, December 30, 2023: To assess the Digital Skilling journey of the technology industry in India, nasscom, in collaboration with KPMG, launched the Digital Skills Survey in October 2023. The study based on 'nasscom Digital Skills survey' covers the pervasiveness of digital skilling in the Indian Technology Industry, providing insights into the leading practices of organizations in strengthening their talent pool in digital technologies, learning platforms utilized, academic partnerships built along with success stories.

The insights presented in this study is primarily based on a Digital Skills Survey conducted between September to October 2023 and case studies collected from nasscom member companies. The key objective was to assess the Digital Skilling journey of the technology industry in India, best practices and frameworks followed by organizations in their pursuit to become a ‘Skills-First’ company.

Key Highlights

Digital Skilling Trends in India

• Indian organizations are aggressively pursuing Digital Skilling, with 52% of the organizations spending 60-100 hours a year on digital learning.
• The shelf life of digital skills has reduced to 5 years, and 2.5 years for some technologies, requiring organizations to adopt agile approaches to digital skilling and fulfilling the talent gap.
• India’s technology industry employs close to 2 million digitally skilled people, accounting for
• 36% of the industry workforce, growing at nearly 19% in FY2023
• 70% of firms are focusing on developing skills around three technology areas -Cloud Computing, AI/ ML, Mobile and Web Development
• Foundational Digital Skilling across all technologies is an integral element for core tech, and nontech roles, majority of organizations have >50% of FTEs skilled in Foundational digital skills

Harnessing Learning Platforms for Digital Proficiency

• 80% of respondents indicated that they rely on Internal Platforms for Foundational Digital Skilling, while they prefer External Platforms for Expert Digital Skilling.
• A wide-spread use of Data-driven platforms, and platforms that offer AI-Based personalization and Gamification features is observed across Indian Organizations. These features help to increase learning engagement and enable a continuous Digital Skilling environment.

Academic Partnerships for Digital Skilling

• 63% organizations indicated having an academic partnership for digital skilling.
• Top Trending skills for Expert level focused skilling under these academic partnerships are Data Analytics & Visualization, Cloud Computing, IOT, Big data, Blockchain and Cybersecurity

Digital Skilling for All: A CSR Perspective

• Digital Skilling in the realm of CSR is a steadily growing activity for the Indian Technology Industry
• 60% of organizations indicated that employees sp
• FinTech BizNews Service   

  Mumbai, December 30, 2023: To assess the Digital Skilling journey of the technology industry in India, nasscom, in collaboration with KPMG, launched the Digital Skills Survey in October 2023. The study based on 'nasscom Digital Skills survey' covers the pervasiveness of digital skilling in the Indian Technology Industry, providing insights into the leading practices of organizations in strengthening their talent pool in digital technologies, learning platforms utilized, academic partnerships built along with success stories.

  The insights presented in this study is primarily based on a Digital Skills Survey conducted Indian organizations are aggressively pursuing Digital Skilling, with 52% of the organizations spending 60-100 hours a year on digital learning.The shelf life of digital skills has reduced to 5 years, and 2.5 years for some technologies, requiring organizations to adopt agile approaches to digital skilling and fulfilling the talent gap.India’s technology industry employs close to 2 million digitally skilled people, accounting for 36% of the industry workforce, growing at nearly 19% in FY2023 70% of firms are focusing on developing skills around three technology areas -Cloud Computing, AI/ ML, Mobile and Web Development Foundational Digital Skilling across all technologies is an integral element for core tech, and nontech roles, majority of organizations have >50% of FTEs skilled in Foundational digital skills Harnessing Learning Platforms for Digital Proficiency 80% of respondents indicated that they rely on Internal Platforms for Foundational Digital Skilling, while they prefer External Platforms for Expert Digital Skilling.A wide-spread use of Data-driven platforms, and platforms that offer AI-Based personalization and Gamification features is observed across Indian Organizations. These features help to increase learning engagement and enable a continuous Digital Skilling environment.Academic Partnerships for Digital Skilling 63% organizations indicated having an academic partnership for digital skilling.Top Trending skills for Expert level focused skilling under these academic partnerships are Data Analytics & Visualization, Cloud Computing, IOT, Big data, Blockchain and Cybersecurity

  between September to October 2023 and case studies collected from nasscom member 

  companies. The key objective was to assess the Digital Skilling journey of the technology 

  industry in India, best practices and frameworks followed by organizations in their pursuit to 

  become a ‘Skills-First’ company.

  Key Highlights

  Digital Skilling Trends in India

• Digital Skilling for All: A CSR Perspective
• Digital Skilling in the realm of CSR is a steadily growing activity for the Indian Technology Industry
• 60% of organizations indicated that employees spend up to 40 hours in a year in Digital Skilling CSR.
• The Digital Way Ahead
• While organizations are proactively taking steps to ‘Future- Proof’ their workforce with respect to digital skills, they will also have to tackle certain challenges like rising training costs, retention of highly skilled employees, resistance to constant changes and upgrades in technology, etc.
• Tackling these changes will become paramount for organizations in the future for ensuring a digitally competent talent pool that can sufficiently contribute to the growth and development of business and country
• end up to 40 hours in a year in Digital Skilling CSR.

The Digital Way Ahead

• While organizations are proactively taking steps to ‘Future- Proof’ their workforce with respect to digital skills, they will also have to tackle certain challenges like rising training costs, retention of highly skilled employees, resistance to constant changes and upgrades in technology, etc.
• Tackling these changes will become paramount for organizations in the future for ensuring a digitally competent talent pool that can sufficiently contribute to the growth and development of business and country