Advanced Digital Skills
80% organizations in India that employ workers with advanced digital skills report higher annual revenue growth, but 88% of organizations are facing hiring issues.
A report shows that workers in India who use advanced digital skills – including cloud architecture or software development – contribute an estimated $507.9 billion (₹10.9 trillion) to India’s annual GDP. This is attributed to the 92% higher salaries that these workers earn compared to those with a similar education who do not use digital skills at work.
The study classifies basic digital skills as the ability to use email, word processors, other office productivity software, and social media. Intermediate digital skills include drag-and-drop website design, troubleshooting applications, and data analysis. Advanced digital skills include cloud architecture or maintenance, software or application development, artificial intelligence, and machine learning.
The study found that advanced digital workers in India are benefitting from more than just a boost in their income. 91% of workers who use advanced digital skills express higher job satisfaction, compared to 74% of workers with intermediate skills and 70% of workers with basic digital skills.
As more organizations move their IT to the cloud over the next decade and new technologies emerge, digitization is going to fuel a vast number of new jobs. The opportunity for India to be competitive in the digital economy depends on having a robust and highly skilled workforce to support current and future innovations.
Secondly, with the digital transformation of businesses and government agencies accelerating around the world, demand for advanced digital workers will remain strong in the coming years.
The most important is, there is a shortage of tech talent is a global phenomenon. While it is good that India has the lowest tech talent demand-supply gap among the top tech locations, it is imperative for individuals and organizations to continue to invest in digital skills training, as technology will be the key differentiator when it comes to leading the world in innovation and digital transformation.
People in India are increasingly going digital, from the way they work to the way they live. This research shows that digital skills provide immense economic value to India at the individual, organizational, and macroeconomic level.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.