The AI transformation is expected to add 2.73 million new tech workers by 2028, increasing the number of new employees in India by 33.9 million. ServiceNow AI Skills and Jobs Report has announced this. Find out what the report mentions about AI here.
The research conducted by Pearson, the world’s leading learning company, said that the retail sector was the largest contributor to employment growth, adding an additional 6.96 million employees due to its business expansion. Through this, the retail sector is at the forefront in increasing employment opportunities. This job growth has provided an excellent opportunity for professionals in the retail sector to upskill in areas such as software application development and data engineering. This growth is making this workforce ready to work in the tech-based sector. This sector is followed by manufacturing sector – 1.50 million jobs, education sector – 0.84 million jobs, and health services sector – 0.80 million jobs, with technology change and huge economic growth expected.
Speaking on this, Sumeet Mathur, Senior Vice President and Managing Director, ServiceNow India Technology and Business Center said, “AI is very important in increasing the number of employees in sectors that drive India’s growth, especially in job segments that require advanced technical skills. This will not only provide better job opportunities for professionals, but also By partnering with local universities and government projects like ‘RiseUpwithServiceNow’, we are moving towards equipping the workforce with the necessary skills to succeed in the global technology economy We intend to ensure that we are at the forefront.
Demand for tech jobs increases due to changing industries
Many sectors such as professional, scientific and technical services, manufacturing and telecommunication sectors are poised for expansion, where the demand for tech-related jobs is increasing. Software application developers are at the forefront of this trend, with 109,700 jobs expected to increase in this segment. Systems software developers (48,800 new jobs) and data engineers (48,500 new jobs) followed closely behind. Demand for web developers, data analysts and software testers is also increasing. 48,500, 47,800 and 45,300 posts are expected to increase in the departments respectively. Additionally, posts such as data integration specialists, database architects, data scientists and computer and information systems managers will increase from 42,700 to 43,300 posts. Expected. The impact of new technologies is also on energy, government services and other utility sectors, where technological changes are creating more employment opportunities.
Gen AI is reshaping tech jobs in IT
Assess how new technologies have impacted task-level or task-level jobs. Among them, systems administrators are likely to face a huge change. Because new technologies automate or speed up their 6.9-hour-a-week tasks, there will be a huge shift in these positions. AI systems engineers will benefit tremendously from Gen AI. This position has half the effect of all other positions. Because AI technology is very closely related to this post. Similarly, those in the Implementation Consultant role will also benefit greatly from the integration of Generative AI. That’s because AI reduces repetitive tasks, saving 1.9 hours per week, allowing it to focus on more strategic projects. Even the least impactful platform owner can save around half an hour every week with AI. New-age technologies are revolutionizing jobs in the tech ecosystem and enabling professionals to work smarter and faster.
Building a job-ready talent pool in India
To capitalize on this opportunity, companies and policy makers must take appropriate steps to create a tech-enabled workforce by providing young talent with the right skills they need. The ‘RiseUp with ServiceNow’ initiative is a global initiative focused on providing practical, job-ready skills to young engineers and aims to train one million individuals worldwide in digital skills by 2024, thereby building a job-ready talent pool. 97,695 Indians have been upskilled through the company’s AI platform in the last 12 months. ServiceNow has launched its University Academic Program in partnership with government bodies like Nasscom’s Future Skills Prime and AICTE, as well as partnering with 20 universities across 16 states. Through these efforts the institute has trained thousands of students, creating a pool of job-ready talent for the tech industry.