{"id":221702,"date":"2017-06-21T08:25:46","date_gmt":"2017-06-21T12:25:46","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/as-automation-threatens-job-market-employees-opt-for-e-learning-courses-to-upskill-moneycontrol-com.php"},"modified":"2017-06-21T08:25:46","modified_gmt":"2017-06-21T12:25:46","slug":"as-automation-threatens-job-market-employees-opt-for-e-learning-courses-to-upskill-moneycontrol-com","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/automation\/as-automation-threatens-job-market-employees-opt-for-e-learning-courses-to-upskill-moneycontrol-com.php","title":{"rendered":"As automation threatens job market, employees opt for e-learning courses to upskill &#8211; Moneycontrol.com"},"content":{"rendered":"<p><p>    Moneycontrol News  <\/p>\n<p>    With the threat of automation looming over the job market, many    employees are looking to upskill themselves in order to keep    themselves from getting the pink slips. As bots start doing    humans' work and skill sets get redundant, online certification    and courses can help employees stay up to date with technology.  <\/p>\n<p>    Started in 2010, Intellipaat is a platform that provides online    e-learning courses on big data, business intelligence, data    science, cloud and business courses like Hadoop, building    recommendation engine,python and many more.  <\/p>\n<p>    Sharing his e-learning experience, ISS Softech employee Nitesh    Kumar Dash, said, I had applied for a combination of courses    including Big Data and Hadoop, which helped me get a Big Data    job at my firm. Usually, people with a lot of experience are    hired for such jobs but I got the opportunity with 2.5 years    experience due to the online course.  <\/p>\n<p>    Looking at the positiveside of automation, Dinesh Goel,    CEO & Co-Founder of Aasaanjobs says, Automation has been    revolutionary for the tech industry and its not just taking    away jobs but generating new ones. Only way this opportunity    can be grabbed, should the employees decide to upskill    themselves in the technologies they work in.  <\/p>\n<p>    He added that automation has caused the collaboration of    artificial intelligence (AI) and big data and has started to    give machines more human-like abilities to reason and to solve    many new types of problems.  <\/p>\n<p>    Big data is an area, which is going to boom in the coming years    and employees who are prepared will reap the benefits, he    added.  <\/p>\n<p>    According to a KPMG report, Indias online education market is    set to grow to USD 1.96 billion and around 9.6 million users by    2021 from USD 247 million and around 1.6 million users in 2016.  <\/p>\n<p>    The report adds that reskilling and online certification    courses currently account for a significant part of the online    education market in the country with a share of 38 percent.    This is largely driven by a healthy adoption rate amongst the    significant population of IT professionals in India.  <\/p>\n<p>    Apart from e-learning, education technology firms are    also providing placements. Dash, who found out about    Intellipaat through Quora said the platform also provides job    support.  <\/p>\n<\/p>\n<p>    These edtech companies rope in industry veterans to impart    knowledge about the new technology. Intellipaat has more than    600 trainers on board who are freelancers and have been working    in the industry for a long time.  <\/p>\n<p>    Reiterating the automation threat, Goel says it had a    tremendous impact on the IT sector with Cognizant Chennai    laying off 6000-10,000 odd and Wipro and Infosys laying off    about 56,000 employees in this fiscal year.  <\/p>\n<p>    Hiring process for 2017 is likely to be slow with IT majors    expected to cut by 40 percent of the engineering graduates they    had planned to hire, he added.  <\/p>\n<p>    Due to the fear of losing jobs, more and more people are opting    for e-learning courses. Online reskilling continues to be in    demand as employees see them as a ticket to retention and    professional growth.  <\/p>\n<p>    Talking to Moneycontrol, Intellipaat founder Diwakar Chittora    said that the company saw 15-20 percent jump in the last 1-2    months in people asking to upskill. From 600 learners in 2013,    the company now has about 4 lakh people on board who are opting    for e-learning courses.  <\/p>\n<p>    Chittora added that corporates are also focusing on upskilling    their workforce. In the initial days of our operations, we had    received a call from telecommunications equipment company    Ericsson asking to provide training to 60 people.  <\/p>\n<p>    Moving ahead, the edtech firm added companies like Genpact,    Sony, CISCO, TCS, Wipro, and Tata Communications among others    in its kitty.  <\/p>\n<p>    To keep pace with technological transformations, employees are    investing in learning these new-age skills. On Intellipaats    platform, the cost of these courses range from Rs 5,000, which    goes up to Rs 25,000.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Continue reading here:<\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.moneycontrol.com\/news\/business\/companies\/as-automation-threatens-job-market-employees-opt-for-e-learning-courses-to-upskill-2308787.html\" title=\"As automation threatens job market, employees opt for e-learning courses to upskill - Moneycontrol.com\">As automation threatens job market, employees opt for e-learning courses to upskill - Moneycontrol.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Moneycontrol News With the threat of automation looming over the job market, many employees are looking to upskill themselves in order to keep themselves from getting the pink slips. As bots start doing humans' work and skill sets get redundant, online certification and courses can help employees stay up to date with technology <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/automation\/as-automation-threatens-job-market-employees-opt-for-e-learning-courses-to-upskill-moneycontrol-com.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[431581],"tags":[],"class_list":["post-221702","post","type-post","status-publish","format-standard","hentry","category-automation"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/221702"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=221702"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/221702\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=221702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=221702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=221702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}