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Showing posts with the label JOB CREATION

Cloud computing to help generate over 1 mn jobs in India by 2022: Report

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With cloud computing becoming more prevalent in companies, both large and small, the global requirement for professionals is steadily on the rise and over a million jobs in the sector will be created in the country by 2022, according to a report. Companies are currently investing 4.5 times the rate of traditional IT spending in cloud infrastructure, and it is expected to grow even faster by 2020, according to a report by ed-tech platform for executives Great Learning. The report is based on conversations with senior cloud experts, recruiting managers as well as subject matter experts and is supplemented by data from high-quality industry research reports. In the coming years, however, nearly all IT expenditure will be on a private, public or hybrid cloud environment, making all IT roles, in some sense, cloud computing roles, it added. The Indian cloud computing market, currently at $2.2 billion, is expected to grow to USD 4 billion by 2020 with an annual growth rat...

New technology must create more jobs than it destroys, says Mukesh Ambani

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Reliance Industries (RIL) Chairman Mukesh Ambani on Tuesday said it is a major task to ensure that new technologies create more employment opportunities compared to the amount of job losses they cause. Speaking at MobiCom 2018 here, he also said that he is optimistic about technological disruption creating more opportunities despite all the apprehension. A major task is "to ensure that new and disruptive technologies create more employment opportunities than they take away," Ambani said. Although he expressed optimism regarding employment opportunities, he said there is apprehension in the society regarding the same and these apprehensions may delay the process of digital transformation. "These very apprehensions could resist or delay digital transformation of our societies. That would be a mistake," he noted. Ambani emphasised that governments, businesses and civil society organisations should put together an ecosystem for massive upskillin...