News

With AI accelerating disruption at an unprecedented pace, IT departments are facing a talent shortage, as one in three IT leaders surveyed flagged difficulty in finding qualified talent. It also stated that the current scenario presents a missed opportunity for strengthening business outcomes and talent retention.

The IT services industry is driven by the fact that there is an incredible shortage of engineering and technology talent the world over. The total number of programmers across the world is only 56 million. The demand for programming talent is not going to reduce over time regardless of what an AI will do. The role of a programmer will evolve over time, he said at the event.

Chris Miller, the author of Chip War: The Fight for the World s Most Critical Technology , on December 16 commended the extraordinary base of human capital involved in chip designing in India. I m told there are more people in chip design in India than anywhere else in the world, which is an extraordinary base of human capitalIf we look at Bangalore, we see 10,000 people working in the chip Industry.

New Delhi [India], December 16: In the heart of Mumbai, where dreams are woven into the fabric of reality, IIT Bombay is gearing up to host the 53rd edition of Mood Indigo, Asia s largest college festival. From December 18th to 21st, the sprawling campus will transform into a vibrant cultural hub, promising an immersive experience for over 1.5 lac attendees.

Vineet Jain, in his address about the path to globalising our talent, emphasised India s vision for global leadership India is the leading contributor in terms of talent to the world with more than 200 Indian origin people occupying leadership positions in 15 countries, with over 60 of them holding Cabinet rank, Managing Director of Bennett Coleman & Co. Ltd Vineet Jain said at an event hosted by IIM Kozhikode today.

Infosys announced on December 16 the inauguration of a development center at the MihanSEZ in Maharashtra s Nagpur. Covering 265,000 sq.ft., Infosys has invested over Rs 230 crore in this facility, designed to offer a hybrid work model and supporting the reskilling and upskilling of local talent.

Infosys has invested over Rs 230 crore in the development of this facility, which is spread across 2,65,000 sq ft. The centre will provide greater flexibility for employees to work in a hybrid mode and enable reskilling and upskilling of local talent.