Professional Documents
Culture Documents
Skills For Digital Age
Skills For Digital Age
Skills For Digital Age
Contents
Introduction IT Market Overview Skills (As is) Digital Disruption Skills (New thinking) Information Security (Focus)
Questions
(10 Minutes)
What are challenges of new grads? What skills are needed in the market? What services are offered by IT companies? What are technology trends? Do new grads need certifications? Where is the IT services market heading? Where to look for trends? Role of Professional Bodies like IEEE?
Flat World
Car reservation with Hertz
IT Market Overview
The IT-ITeS exports depicted a remarkable revenue growth rate of18% in FY11 and 16.95% in FY12 amidst slowdown in global business environment where around 80% of export revenue comes from western developed economies. According to NASCOMM, the growth in IT IteS services export is expected to be 11-14% in rupee terms. Higher technology adoption by the Indian government and corporate sector to drive the domestic market
Cloud computing and other pay for use models to gain popularity in the coming years The end users today who are constantly connected to internet and local networks wirelessly via cell phones are finding applications like cloud computing convenient to remotely access data. This new trend in technology which is expected to grow manifold will drive more deals in the cloud segment in coming year.
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Todays Markets
Highly Competitive for IT Service Providers (IT SP) Overall Market Size has not grown much IT SPs constantly try to beat the competition
Supply, Delivery, Recruitment etc.
Only option is to exploit existing demand IT SP Margins are result of value-cost trade-off Volatile economic conditions Unpredictable Technology trends
Nexus of Forces : SCAM
Evolving IT Profession
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Market - Volatility
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Market Response
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Enabler Finding the Face of Your Data Gamification Goes to Work Reinventing the ERP Engine No Such Thing as Hacker-proof The Business of IT
Deloitte Report
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Present
Future
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Skill Categories
Technical Skills - Learning & Applying Domain Skills Gained through work Transferable Skills Nurtured
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Seven levels
Level 1: New entrant Level 5: Senior professional Level 7: Director
At different levels
Basics of additional knowledge categories should be learned Greater depth in certain categories needed
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Transferable Skills
Management of learning Teamwork Oral communication Writing Information accessing Critical thinking / analysis Numeracy Information technology
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Power of Certifications
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Knowledge areas Requirements Design Construction (detailed design) Testing Maintenance Configuration management Software Engineering management Process Tools and methods Quality The upcoming version will have: Engineering economics Computing foundations (core computer science) Mathematical foundations (discrete math and statistics) Engineering foundations (cost benefit analysis, etc.)
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Markets Competition
Conventional logic Blue Ocean Logic
Compete in existing market space Create uncontested market space Beat the competition Make the competition irrelevant Exploit existing demand Make the value-cost trade-off Align the whole system of a strategic firm's activities with its choice of differentiation or low cost Create and capture new demand
COST
VI VI
VALUE
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Eliminate
What factors should be eliminated that the industry has taken for granted?
Create
What factors should be created that the industry has never offered?
Reduce
What factors should be reduced well below the industry standard? Skills for Digital age
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Take a Bow
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Bibliography
http://www.footepartners.com/fp_pdf/FooteNewsrelease_4Q 12ITSkillsTrends_01222012v1.pdf (Salary Surveys) http://www.deloitte.com/view/en_US/us/Services/consulting /technology-consulting/technology-2013/index.htm (Technology Trends) http://www.gartner.com/technology/research/top-10technology-trends/ (Technology Trends) Blue Ocean Strategy (Book) Career Maps - www.bcs.org
Security Certifications Attached
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