Closing India’s Skill Gap Issue

As rapid digitalization becomes commonplace for businesses today, the need for a workforce that possesses skills to respond to these changes in a productive way has been crucial. Over the past few years, despite numerous efforts by consecutive governments, we are facing an acute shortage of skilled workforce across the globe.

The current cybersecurity workforce is 2.8 million, while we need 4.7 million professionals to be trained and skilled to close the skills gap, says (ISC)2. Today, in India, there is a shortage of over 1 million cybersecurity professionals as per DSCI. To address the issue, the Indian government has announced Rs. 3K Cr and Rs. 99.3K Cr respectively, for ‘Skills and Education’ segments in the Union Budget 2020. This fund allocation for education is higher than the last budget by 5 percent.

Diwakar Dayal, Managing Director at Tenable India said, “For a country that supports a majority of the world’s technology outsourcing requirements, it’s alarming to see that India’s talent shortage is 9 percent higher than the global average. As India grapples with a spate of cyber-attacks and growing skills shortage in cybersecurity, the need to rethink strategies to develop and improve the existing cyber workforce has never been more material.

He further added, We commend the Indian government for proposing to set up National Forensic Science University to cultivate an interest in India’s cybersecurity space. However, we believe that the cybersecurity industry as a whole can play a greater role in uplifting the next generation of world-class cybersecurity talent. This can include creating an inclusive environment for employees, providing opportunities to job seekers from different backgrounds and offering training programs to employees. 

A diverse workforce is a prerequisite to unlocking the full potential of any organization. Diversity of thought is good for perspective, leadership, and business. The more skilled people we have with a variety of experience, the higher our chances of identifying and patching vulnerabilities to help public and private organizations of all sizes eliminate blind spots, prioritize threats and close their respective cyber exposure gaps, he concluded.

Bridging Skill Gap with Artificial Intelligence (AI)

AI’s advent to our lives is unstoppable. And yet, AI today is still the most cynicism-inviting technology where people are usually at the two ends of the tug, either supporting it or getting paranoid about its infiltrating the human lives and infrastructure. However, cynicism is the first treatment that most potent ideas or technologies face on the earth.AI is not only changing how we interact with our environment but it is making the environment talk back to us. AI, for example, is today the most potent tool to determine and provide to us the roadmap of the future job market trajectory. And interestingly, this ‘future’ is not a poetic expression hanging in ambiguity in some coming years. With the pace at how IT is evolving every minute, the ‘future’ could be even a year later or just a mere week away from today.

Ashutosh Garg, Founder & CEO, Eightfold.ai said,  The old ways of hiring and managing a workforce are outdated. They relied on resumes and job descriptions and didn’t sufficiently match people to jobs. AI can change that. AI, using hundreds of public data sources, can look at a job candidate’s skills, and match them to prospective jobs. This gives both job candidates and recruiters a much better sense of what jobs are a fit – far better than the old “keyword search.” For existing employees, AI allows employees to proactively manage their own careers.

The AI technology can show employees what jobs they fit into internally, or what skills they need to move into the job they want internally. So often, employees leave for new challenges, and with an AI-based platform, they are much more likely to find those challenges at their own companies. AI can do all this not just with “hard skills” such as certain computer programs, but it can surface “soft skills” like leadership, management, and teamwork. It can reduce the hiring time and hiring costs, and reduce turnover, he added.