- Introduces pioneering programs in Digital Transformation – the future of IT
- To offer futuristic programs in MEAN Stack, Internet of Things, Artificial Intelligence and Machine Learning, Design Thinking, Robotics, Virtual Reality, Cyber-Security and more – under ‘DigiNxt’
- Organizations to allocate 50% of IT budgets on new digital revenue streams by 2020 creating an unprecedented demand for over 1 Mn newly trained digital professionals
April 18 2016, 12.23 PM IST || Pocket News Alert
Mumbai, April 18, 2016: NIIT, a global leader in skills and talent development, once again revolutionizes the IT training and education landscape by introducing pioneering programs in Digital Transformation. The company will now offer futuristic programs like MEAN Stack, Big Data & Data Sciences Stack, Design Thinking, Cloud Stack, Internet of Things (IOT) Stack, Artificial Intelligence and Machine Learning, Robotics and Virtual Reality, Cyber-Security, under the DigiNxt Series brand umbrella. Through this significant move NIIT aims to totally re-align the Skills and Career Group to the changing future-skill-sets requirement of the industry to help create job-ready talent pool for the fast evolving global economy.
India, with a strong technology ecosystem of MNC R&D centers, service providers, IT global in-house centers and startups, is well placed to play a key role in the digital era. Indian talent can potentially power the digital transformation for enterprises around the world, and become a moon-shot economy. According to a survey, India is home to a digitally ready talent pool of 500,000 engineers suitable to execute digital transformation projects. This is expected to increase to over a million engineers trained in digital transformation technologies by 2020. Owing to this massive growth in demand, already today any entry-level and experienced professional with Digital Transformation Skills attracts 50% to 60% higher salaries than those with traditional IT skills.
Information technology has changed the way people work and the next ten years will be about transforming the businesses across all industry sectors. According to industry experts, digitally transformed organizations are 26% more profitable than their industry competitors. Global Spending on digital transformation technologies is expected to cross $2.1 Billion by 2019. By 2018, 35% of IT resources will be spent to support the creation of new digital revenue streams, and by 2020 almost 50% of IT budgets will be tied to digital transformation initiatives. All of these indicate that Digital transformation is going to drive the next phase of growth in the IT Industry. The process has already begun and is rapidly accelerating, with both IT companies as well as IT departments of large corporations scrambling to address the acute shortage of skills.
Mr. Rahul Patwardhan, CEO, NIIT Ltd said, “We pioneered the category of IT Training in India way back in 1981. Having trained over 35 Mn people in IT over the last 34 years, we expanded our expertise to other sectors as well and have been instrumental in creating trained workforce as per evolving industry needs. With our keen understanding of the changing skills requirement of the industry we are now focusing on the Digital Transformation needs. This move indicates our commitment to create a talent pool armed with futuristic skill-sets aligned to the industry, working closely with our key clients in the technology sector around the world as well as with the software industry association.”
In October 2015, NIIT launched a revolutionary initiative - StackRouteTM to create multi-skilled and multi-disciplinary full-stack programmers. StackRouteTM has received overwhelming response from startups and major IT companies alike. Armed with first-hand knowledge of the talent requirements of technology backed organizations and an established proof of success in servicing the stringent internal reskilling requirements of these firms, NIIT will now offer retail training programs in Digital Transformation Technologies under the DigiNxt portfolio, to young aspirants wishing to enter the digital services industry, as well as to young IT professionals wishing to reskill themselves for the new digital world.
Mr. Prakash Menon, President, Global Skills & Careers Group, NIIT Ltd said, “While working on StackRouteTM we understood the significant talent requirement of the IT companies who are looking for professionals who can help them drive digital transformation strategies. Therefore, we have introduced pioneering programs in Digital Transformation tailor made and endorsed by the industry, to address the massive skill-gaps faced by the IT sector.”
According to MIT Centre for Digital Business, 77% of organizations consider missing digital skills as the key hurdle to their transformation strategy. Therefore, Indian & Global IT Companies are investing heavily in building digital transformation skills to enable their clients transform digitally. As organizations are building talent pool, the most-sought after skill sets include: Product Engineering, Business Analytics, Cloud Technology and Architecture, Mobile Apps, Internet of Things and Machine Learning & Artificial Intelligence.
To cater to this need, NIIT is introducing career programs in Java Enterprise Engineering with DevOps, Big Data & Data Sciences, Web Technologies, Databases Systems, Cloud Computing, Mobile, Infrastructure Management Services (IMS), Cyber-Security, Enterprise Application, Telecom & Embedded Systems, Project Management, Internet of Things (IOT), Visual Design, Game Development, Design Thinking, Robotics, Artificial Intelligence and Machine Learning, and Virtual Reality. Graduates and graduating students in Science, Technology, Engineering and Mathematics will be eligible to apply for these programs. For more details, please visit www.niitdiginxt.com
About NIIT
Established in 1981, NIIT Limited, a global leader in Skills and Talent Development, offers multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals in over 40 countries. NIIT has three main lines of business across the globe- Corporate Learning Group, Skills and Careers Group, and School Learning Group.
NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The comprehensive suite of Managed Training Services includes custom Curriculum Design and Content Development, Learning Administration, Learning Delivery, Strategic Sourcing, Learning Technology, and Advisory Services.
With a team of some of the world's finest learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development (L&D). Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D, reduce costs, realise measurable value, benefit from rock-solid operations, and increase business impact.
NIIT's Skills and Careers Group (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. These programs are delivered through a hybrid combination of the 'Cloud Campus' online platform, satellite-based 'Synchronous Learning Technology' and a physical network of hundreds of learning centers in India, China, and select markets in Asia & Africa. The flagship multi-disciplinary course offerings include the industry-endorsed GNIIT program and a set of Post Graduate Programs for students from different streams, apart from a wide range of specialist short duration programs.
To further strengthen its SNC portfolio in India, NIIT has tied up with industry majors like ICICI Bank for NIIT Institute of Finance Banking Insurance& Training Limited, IFBI; leading business schools in India for NIIT Imperia; Genpact for NIIT Uniqua; and a joint venture with NSDC for NIIT YuvaJyoti Limited. Besides this, for the China market, NIIT has tied up with governments and software parks in Guian, Chongqing, Wuxi, Suzhou, Changzhou, Zhangjiagang, Haikou and Dafeng, for state-of-the-art public-private partnership centres.
Recently NIIT has introduced - StackRouteTM, an initiative to produce the world's best full stack programmers. StackRouteTM aims to create multi-skilled, and multi-disciplinary programmers who can become key members of high-performance teams in top notch product engineering companies, start-ups, and IT firms. Further the company has also launched NIIT.tv – a digital learning initiative that brings skilling from NIIT classrooms to every digitally connected Indian, for free, at any time and place of their choice. A disruptive innovation by NIIT for the education space. NIIT.tv will deliver for the very first time, skill-based live courses as well as on-demand courses to the masses, through the digital medium.
As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited, is providing technology based learning to around 2,000 private schools across India, reaching out to more than a million students. The futuristic NIIT nGuru range of learning solutions for schools comprises Interactive Classrooms with digital content, technology-driven Math Lab, IT Wizard programs and Quick School - an Education Resource Planning software.
As the Most Trusted Training Brand in India for 4th year in a row (Brand Trust Report, 2016), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past seven consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World.