PROBLEM: One of the key problems that the IT industry is facing is the reduced rate of outsourcing that has been the sustenance of IT industry in India due to increasing automation. We cannot depend on manpower driven industry for long. We need to immediately develop skills of manpower on cutting edge technology
EXPECTATIONS: Government should create fund and set up Center of excellence on emerging technologies such as IOT, Robotics, and Artificial Intelligence within government and private institutions of higher education.
PROBLEM: India lacks software product development capabilities which has a more sustainable revenue earning potential.
EXPECTATION: Funding to institutions of higher eduction for Research and development aimed towards IT Product development.
PROBLEM: Growing skill gap between what industry wants and what a fresh graduate acquired on completion of academic degree.
EXPECTATION: Government should set aside budget allocations for international globally accepted certification and training programs which are standard Inez’s skill development tools for creating a baseline skill benchmark. Examples of such alliances and funding are commonplace in many developed as well as developing economies. Also, Government should spruce up a non- existent Apprenticeship program that helps industry and academic institutions get on same page on skill required from fresh graduates.
PROBLEM: Huge vulnerability across segments to cyber threats, especially Defence, intelligence and Police forces.
EXPECTATION: Cyber defence, incident response and creating a breach repository should be a clear budgetary priority. All institutions should have mandatory curriculum on cybersecurity so that we have adequate cyber defenders and penetration testers. Government funded awareness programs should be mandatory for IT users across India.