Technical talent is in high demand. But ramification of the growing technology skills gap not just reflects on entry-level hiring but also on lost revenues and missed growth. Besides, this leads to less stakeholder confidence, lower employee morale, reduced productivity and high employee turnover. According to an Accenture prediction, India could forgo up to 2 to 3 percentage points, or $1.97 trillion in potential cumulative GDP growth over the next 10 years if skill-building does not catch up with the rate of technological progress.
Today, more than a land parcel, fancy office or funds, access to skilled employees acts as a differentiator to set successful companies apart from the laggards. The demand for advanced skills in software/application development, cybersecurity and cloud computing, etc. is on the rise. Emerging technologies like data science, artificial intelligence (AI), machine learning and robotics have had the largest increase in open positions across recruitment portals as opposed to other existing openings. But new jobs need to be connected with able hands. For every new opportunity from the emerging technology space, HR and L&D need to prepare and onboard a ready talent to serve the scope. But acquiring a new candidate is not only expensive and competitive but also comes with its share of complexities.
In response to this, a training provider like Jigsaw Academy has come forward with short, intensive technology education program to upgrade the talent pipeline in the form of a bootcamp. The concept of such bootcamps comes from the military’s short, intensive and rigorous training for new recruits. Bootcamps focused on Computer Science, Coding, Application Development, Data Science, Cyber Security, Cloud Computing, etc. have emerged as an important pipeline to bridge the technology talent gap in the recent time. Bootcamp training providers like Jigsaw Academy offer rigorous training for new candidates around technology skills that corporates demand.