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Over 60K IT Jobs In India Could Go In Next Five Years: Report
NDTV ^ | 5 July 2016 | NDTV

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.


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: employment; h1b; india; indiaeconomy; it; itindustry; jobs
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Automation, cloud-services and increasing SaaS and pay-as-you-sip models will end the integration model of IT services. By 2020 I predict IT programming jobs will be half of what they are today
1 posted on 07/06/2016 12:43:00 AM PDT by Cronos
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To: Cronos

Rotsa ruck splitting projects up into contextless pieces.


2 posted on 07/06/2016 12:52:13 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: HiTech RedNeck
I don't think that would happen. What I believe will happen is that you will have us moving back to a COM / DLL type of world, only that the various small components are available as SaaS objects on a cloud.

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

3 posted on 07/06/2016 1:08:55 AM PDT by Cronos (Obama's dislike of Assad is not based on his brutality but that he isn't a jihadi Moslem)
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To: Cronos

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.


4 posted on 07/06/2016 1:13:51 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: HiTech RedNeck

Yup.


5 posted on 07/06/2016 1:25:18 AM PDT by Flick Lives (TRIGGER WARNING - Posts may require application of sarcasm filter)
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To: Cronos
Maybe this is why I have people in India calling me constantly trying to scam me in every way possible. It's become an epidemic lately - "Microsoft support" calling to help me rid my computer of viruses that they somehow magically detected, some unpronounceable company claiming it can lower the interest rate on my credit card, even though he couldn't tell me which of my cards he was calling about (he told me that was a stupid question and that I was wasting his time, then hung up), and on and on and on.

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?

6 posted on 07/06/2016 1:31:51 AM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: noiseman

Could this be a front person who has lined up some rubes who are eager to sell anything, not caring what it is?


7 posted on 07/06/2016 1:35:34 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Cronos

I dont now what the heck any of your are talking about so I’ll move on :)

something about a dookickey affecting another doohickey :)


8 posted on 07/06/2016 2:07:06 AM PDT by dp0622 (The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
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To: noiseman

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’.


9 posted on 07/06/2016 3:01:57 AM PDT by AU72
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To: Cronos

The article actually refers to over 600,000 jobs lost—though the title says 60,000.


10 posted on 07/06/2016 3:05:11 AM PDT by 9YearLurker
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To: noiseman

Like Nigeria, they end up with a trained workforce with few job prospects...


11 posted on 07/06/2016 3:51:33 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Cronos

Good. Hope they choke on it.


12 posted on 07/06/2016 4:07:35 AM PDT by Snowybear
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To: HiTech RedNeck; Cronos
Custom code always has the potential to be better than once-size-fits-all generic modules. This raises two issues for management: 1. If you are going to custom code, does your team have the expertise and motivation to reach that high potential? Or is your team satisfied with a mediocre result no better than the generic product off the shelf? 2. Above your team, does management, and above that, do industry value the best system? Or are they satisfied with mediocrity? Example. Healthcare IT is currently the single biggest part of IT applications. It is totally driven by bureaucratic decisions of CMS (Medicare, Medicaid, ACA). CMS is a slow bureaucracy. Its standards are built on 1990s technology concepts that are mostly irrational reactions to the mainframe. The goal of CMS is for the bureaucracy to control everything. Allow no creativity. Allow no competition to see who can build a better mousetrap.
13 posted on 07/06/2016 4:22:58 AM PDT by spintreebob
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To: noiseman
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?

Because it is part of their culture.

14 posted on 07/06/2016 4:23:09 AM PDT by Ethan Clive Osgoode (Nuke Saudi Arabia now)
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To: Cronos

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...


15 posted on 07/06/2016 4:33:04 AM PDT by Does so (Vote for Hillary...Stay Home...==8-O)
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To: noiseman

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).


16 posted on 07/06/2016 4:34:37 AM PDT by Hulka
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To: dp0622

Yup. . .when a whats-a-futz connects with a who-yon-yakker and it all makes sense.


17 posted on 07/06/2016 4:36:12 AM PDT by Hulka
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To: Ethan Clive Osgoode

DNA?


18 posted on 07/06/2016 4:36:37 AM PDT by Hulka
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To: Hulka
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.

19 posted on 07/06/2016 4:40:52 AM PDT by Ethan Clive Osgoode (Nuke Saudi Arabia now)
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To: Cronos

Being outsourced to Bangladesh?


20 posted on 07/06/2016 5:50:09 AM PDT by Buckeye McFrog
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