Posted on 07/06/2016 12:43:00 AM PDT by Cronos
India's $150 billion IT industry is one of the biggest employment generators, accounting for around 3.5 million white collared jobs in the country. However, the IT industry is experiencing tectonic shifts amid rising competition and increasing trend of automation.
A report from US research firm HfS Research says that automation has put to risk 6.4 lakh low-skilled jobs - or nearly one in five jobs - in India's IT and BPO sector in next five years. At biggest risks are more routine or repetitive tasks in the IT sector.
Automation is already making its presence felt in the Indian IT industry. Indian outsourcers are no longer relying on an army of technology workers to drive up their revenue growth.
"India has enjoyed hyper-growth in its services industry for over two decades now, and this is the first time a decline is now setting in, in terms of worker numbers. Its leading service providers will maintain high margins for several years to come, but their growth through linear employee scale addition is on the slide," wrote Phil Fersht, CEO and chief analyst of HfS Research, in a blog post.
However, job losses caused by automation are creating new opportunities in higher value work, says HfS Research. The research firm predicts that 1.6 lakh new jobs would be created in India's IT and BPO sector that require medium to high-value skills.
According to HfS Research, India needs to focus on new avenues for services job creation in IT and BPO sector. "Engineering services in a bright spot, and so is analytics," wrote Mr Fersht.
"Moreover, India has a very strong competency for process and, automation capability. So why not become a leader in helping clients access better data from better automated processes?" he asked.
A large number of jobs in other countries too are at risk from automation. 7.7 lakh low-skilled jobs in the US and 2 lakh in the UK are under threat in next five years from automation, the research firm said.
Rotsa ruck splitting projects up into contextless pieces.
The integrators job will be to choose the best fit components to do the job. So, less coding
There will be top end programmers who create the components and many good business analysts who connect these together.
It will be kind of like the auto industry where you buy various parts and you connect them together
Sounds wonderful in principle, but as a tech who is heavy into script writing, I can’t see a magic bullet in it. It still has to be crafted carefully as a whole by someone who understands it well enough.
Yup.
They've also figured out how to spoof local phone exchanges to make it look like the calls are local. So we outsourced these telecom jobs and now they're using what they learned to commit rampant fraud against Americans. I've gotten to the point where I seriously wonder: Why is it that third worlders and first world minorities seem so highly predisposed to engaging in fraud, violent crime, and even terrorism as a routine way of life?
Could this be a front person who has lined up some rubes who are eager to sell anything, not caring what it is?
I dont now what the heck any of your are talking about so I’ll move on :)
something about a dookickey affecting another doohickey :)
I’ve gotten some of these calls from ‘concerned Microsoft Support’. The give away is the background noise as the call is coming from a ‘boiler room’.
The article actually refers to over 600,000 jobs lost—though the title says 60,000.
Like Nigeria, they end up with a trained workforce with few job prospects...
Good. Hope they choke on it.
Because it is part of their culture.
I was watching a tutorial on YouTube yesterday. The hands displayed were those of an Indian; however, his voice had been synthesized by a computer! I thought it funny, and I understood every word...
India.
A corrupt third-world cesspool of smelly, unwashed, diseased and soulless criminals. Anything you want done there can’t be done above board and honestly, and Tata always gets it cut (the real government).
Yup. . .when a whats-a-futz connects with a who-yon-yakker and it all makes sense.
DNA?
Nah, it's cultural. If they were raised as normal people with Christian values, they would be ok. But, for example, being raised in mainland Chinese culture imparts into you the "virtues" of lying, scamming and cheating in any way that makes you a buck or helps you climb social ladders.
Being outsourced to Bangladesh?
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