satyamkapoor

I work at ValueFirst Digital Media Private Ltd. I am a Product Marketer in the Surbo Team. Surbo is Chatbot Generator Platform owned by Value First. ...

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I work at ValueFirst Digital Media Private Ltd. I am a Product Marketer in the Surbo Team. Surbo is Chatbot Generator Platform owned by Value First.

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IT industry expected to hire 2 lac people in 2018

By satyamkapoor |Email | Dec 28, 2017 | 14619 Views

India's information technology industry is expected to add between 1.8 lakh to 2 lakh jobs in 2018. This will largely be due to digitization, according to staffing firm, TeamLease Services.
Alka Dhingra, general manager, IT staffing said in a statement "2017 was a year of disruption for telecom and IT industry.  As things are beginning to settle, the hiring sentiments are expected to improve. Some of the reasons for the optimism are positive factors such as improvements in financial services and digital businesses."
She predicts that an increase in investments in automation and digitization would lead to growth in business. She says, that companies which shut  down their branches, are either opening at other locations or revamping according to the demands of the market and are hiring people with right skill  set mix. 
About 20% of Employers in sectors such as fintech, mobile manufacturing and startups are expected to hire in 2018 at both junior and mid-levels as per a report of company's 2018 Hiring Outlook.
Ms. Dhingra further added "As India is heading towards Digital India, the industry requires 50% more workforce equipped with digital skills." There are opportunities like robotics, artificial intelligence & government initiative in the digital space.
Artificial intelligence alone is expected to create 2.3 million jobs worldwide by 2020.
The report also added that Modern cloud based applications and frameworks which have inter-operability and scalability will see a huge demand for re-skiling in 2018.

Source: HOB Team