Job Alert: India to add over 1.4 million new IT services by 2027

In emerging technologies such as cyber security, Internet of things (IoT) and Big Data, India is likely to add over 1.4 million new IT jobs by 2027 to meet the demands for skilled workforce, said a Cisco-led study today. "Of the 9.1 million IT positions in India in 2017, 5.9 million job postings from employers were for new-age roles," according to IDC InfoBrief, commissioned by tech major Cisco. 

The new-age jobs will add more than 5 million positions worldwide by 2027, it said, adding that roles like social media administrator, machine learning designer, and IoT designer would be most sought after in the coming years.

The report stated that seven out of 10 organisations look for IT certifications when hiring or promoting and getting certified put an applicant ahead of 85 per cent of his/her peers.

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The top 10 technology trends impacting Indian job scenario include cybersecurity/data security, Big Data, Data analysis visualisation, IoT, Business Intelligence, Artificial Intelligence, Machine Learning, Virtualisation/ Software defined infrastructure, Converged Infrastructure and cloud solutions/technologies.

"Nearly 89 per cent of hiring managers reported a higher level of trust on candidates having certifications, while 88 per cent of customers experienced an improvement in the level of service and support to end users," the study said, adding "Witnessing the growing importance in a rapidly changing technological landscape, nearly a fifth of employees self-funded their certification courses while about 50 per cent of them underwent some training in 2017." 

"Cisco, being a leader in certification courses, offers some of the most sought-after IT courses which were one of the pre-requisites for the 5.9 million new job postings in 2017," according to the IDC "InfoBrief" study.

Earlier in July, a Nasscom report highlighted the fact that nearly 1.4 lakh jobs are vacant in the Artificial Intelligence (AI) and Big Data Analytics segment across various sectors in the country, out of the total demand of 5.1 lakh employees.

It further said that out of the total demand, 3.7 lakh jobs are filled. By 2021, the employee deficit would increase to 2.3 lakh, as the total demand goes up to around 8 lakh employees, the report added.