Companies Step Up Reskilling in the Era of AI
AI is not just reshaping industries; it's redefining the future of work. So, it's critical for companies to reskill and upskill their talent to remain relevant and co-exist with AI
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
As artificial intelligence (AI) continues to transform industries, companies face a critical challenge: How to prepare their workforce for a future that looks vastly different from the past. To stay relevant, companies are taking on various measures to reskill and upskill their employees to mitigate the risk of turning them redundant.
The World Economic Forum estimates that automation will displace 85 million jobs by 2025, and 40 per cent of core skills will change for workers. AI will usher in a new era of productivity and value, and business leaders in the C-suite should make employees part of that future.
At IT services company Persistent Systems, continuous learning and development of its people has always been a strategic priority to ensure they remain relevant and future-ready. "Our talent strategy is rooted in a robust learning ecosystem, led by Persistent University and our Digital Engineering Academy. Our Digital Engineering Academy offers AI-personalized learning paths mapped to over 6,500 skills, enabling employees to gain both breadth and depth in emerging technologies," says Dhanashree Bhat, Chief Operating Officer, Persistent Systems.
"Over 18,000 employees have completed internal foundational training in GenAI, and our teams have earned close to 4,000 external certifications. Beyond this, we are scaling access to deeper specializations in AI, ML, and GenAI through a mix of internal modules and industry-recognized certifications. We have over 22,000 partner certifications across a range of technologies, including AI, which are critical to driving customer transformation," says Bhat.
Fidelity Investments' global capability center (GCC) in India has been a key part of the company's global operations for over two decades. With a talent base of over 7,000 associates in India, it plays a pivotal role in driving innovation and delivering business-critical solutions.
"At Fidelity Investments India, we recognise that in today's fast-changing landscape, embracing the cutting edge of technology is key to making a difference. We look to develop solutions and experiences to meet the dynamic business requirements," says Srinivas Gururaja Rau, Head of Fidelity Fund and Investment Operations Technology India, Fidelity Investments.
"We have embedded this culture of constant upskilling and reskilling across all levels of the organization. Whether it's through structured programs like LEAP, an upskilling cohort for early-career technologists, role-based learning journeys, internal technology communities, niche hackathon events, our innovation and patent programs, or regular hands-on certification and training programs, we provide a host of opportunities for our technologists to learn and work on the latest emerging technologies in financial services, to innovate for the future," says Rau.
ACQUISITIONS AND PARTNERSHIPS
Several companies are also acquiring niche startups and leveraging partnerships to enable their reskilling initiatives. For instance, IT major Accenture recently acquired edtech firm TalentSprint from NSE Academy Ltd. The acquisition is expected to bolster Accenture LearnVantage's ability to drive growth through key university certifications and high impact bootcamps, creating trained talent pools for enterprises and governments. As part of the acquisition, TalentSprint's team of approximately 210 professionals will join Accenture LearnVantage.
"TalentSprint's end-to-end delivery capabilities of focused learning programs provide a competitive value proposition for learners and enterprises alike, making it a great fit for our expanding LearnVantage business," said Kishore Durg, global lead of Accenture LearnVantage. "The addition of TalentSprint further boosts our ability to meet our clients' demand for training, helping their people gain the essential technology skills in emerging areas needed to reinvent their organizations and achieve greater business value."
Saurabh Kumar Sahu, who leads Accenture's India business, added, "India is witnessing a growing need for specialized technology skills at scale as enterprises accelerate their digital transformation efforts and Global Capability Centers evolve into R&D, innovation, and engineering hubs. We see significant opportunities to partner with these organisations to build a pool of readily deployable talent skilled in emerging technologies."
The acquisition of TalentSprint complements Accenture's recent investments in Udacity and Award Solutions, and aligns with the company's USD 1 billion investment in LearnVantage over three years, announced in early 2024.
"Since inception, our mission has been to equip learners with deep expertise for a disrupted world," said Anurag Bansal, Managing Director and CEO of TalentSprint. "Joining forces with Accenture LearnVantage allows us to scale our impact, delivering cutting-edge technology and next-gen management programs that are valued and trusted by students, professionals, organizations, and governments alike."
French IT major Capgemini recently collaborated with the Nasscom Foundation to skill and certify more than 700 disadvantaged youths through their AI for Skilling program. As India moves swiftly towards an AI-driven future, the demand for a workforce proficient in AI competencies continues to grow. Capgemini and the Nasscom Foundation partnership plays a key role in helping to meet this demand by equipping the youth with advanced skills in generative AI, robotics, fintech, and more.
Implemented currently in Delhi NCR and Bengaluru, the program is designed to provide a comprehensive 200-hour training, comprising over 140 hours of technical training and more than 60 hours of soft skills development. The initiative builds on Capgemini Digital Academy program, which trains thousands of youths across India in high-demand digital skills, creating opportunities for careers in technology.
"AI is shaping a bold new era of work—one where innovation, inclusion, and human potential thrive together. Through Capgemini's Digital Academy, in partnership with Nasscom Foundation, we are bridging the digital divide - equipping the youth with industry-relevant AI and technology skills for meaningful careers. This initiative is also fuelled by the passion of our employee volunteers, who mentor and guide learners, reinforcing our commitment to inclusive growth," says Ashwin Yardi, CEO, Capgemini India.
Commenting on the success of the initiative, Jyoti Sharma, CEO, Nasscom Foundation said, "AI is not just reshaping industries, it's redefining the future of work. Our collaboration with Capgemini, under the AI for Skilling initiative, reflects our shared vision of an inclusive digital economy, where marginalized youth have the opportunity to participate and break barriers to AI access. By enabling future-ready skills and focusing on foundational, core-work skills, we are investing in the potential of India's youth to fully embrace evolving digital opportunities."
To ensure holistic development, the initiative extended beyond technical training and included expert sessions conducted by industry professionals, as well as aptitude-building modules, and awareness programs. Real-world exposure was also facilitated through corporate volunteer engagement and industry visits, helping learners gain insights into workplace expectations and the professional culture of the technology sector.
CO-EXISTENCE OF HUMANS AND AI
Persistent Systems is of the view that collaboration between human expertise and AI is a "force multiplier". As GenAI becomes integral to business workflows, it's driving faster decisions, greater scale, and more dynamic operations. In fact, according to McKinsey, 71 per cent of business leaders now report using GenAI in at least one function, up from 65 per cent in early 2024.
"We follow a human-in-the-loop approach, where employees are involved in training models, prompt engineering, and validating outputs, ensuring AI remains contextually relevant, ethical, unbiased, and aligned with business goals. Our focus is on outcome-based learning. From customer interview coaching to internal mobility programs, we help employees apply AI-first thinking to solve real problems, bridging skill development with delivery impact," says Bhat.
He says that across industries, roles are being redefined. Developers are moving beyond manual coding toward solution design, while business teams are using AI to personalize experiences and accelerate decisions. This shift empowers talent to focus on higher-value, creative, and strategic work. Ultimately, AI is elevating human potential, and that synergy is shaping more agile, future-ready workforces capable of delivering stronger outcomes in a dynamic, technology-first world.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Dan Ives Says Market Is 'Massively Underestimating' This AI Play, Urges Investors To Look Beyong Mag 7
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Dan Ives' new artificial intelligence exchange-traded fund (ETF) holds securities beyond the Magnificent 7 stocks, as he believes in looking past valuations for investments in the technology sector. What Happened: The Dan IVES Wedbush AI Revolution ETF (NYSE:IVES), managed by the Wedbush analyst, started trading on June 4, earlier this month. Ives boasts of the fund by saying that it just doesn't have the top four, five Magnificent 7 names, but stocks which investors wouldn't even thematically consider as an AI name today. "I believe the market is still massively underestimating what the growth is going to look like for the AI revolution in tech," he told CNBC. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — According to him, tech trade remains significant even for the investors who missed out on its growth in the past few years. "If you focus just on valuation, you miss every transformational tech stock of the last 20 years," Ives said. Ives says Oracle Corp. (NYSE:ORCL) will be the 'epicenter' of the AI theme, while highlighting other 'AI 30' stocks which are part of his fund. Palantir Technologies Inc. (NASDAQ:PLTR), International Business Machines Corp. (NYSE:IBM), Salesforce Inc. (NYSE:CRM), SoundHound AI Inc. (NASDAQ:SOUN), and Innodata Inc. (NASDAQ:INOD) are a few notable names that are a part of his ETF's 'AI 30' basket. Microsoft Corp. (NASDAQ:MSFT), Nvidia Corp. (NASDAQ:NVDA), and Broadcom Inc. (NASDAQ:AVGO) are the top three holdings of the IVES It Matters: The 'AI 30' stocks, which are a part of the IVES ETF, hold the AI plays from multiple industries. They include hyperscalers, cybersecurity, consumer platforms, and robotics. According to Ives, the list was compiled from his deep dives into major AI players. The ETF has $183 million in assets under management as of June 17 close. Ives said that the AI space was experiencing a "golden age." The Dan IVES Wedbush AI Revolution ETF has risen by 2.76% since its inception. A comparable index, S&P Kensho Global Artificial Intelligence Enablers, rose 6.08% on a month-to-date basis. Meanwhile, the SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, declined slightly on Wednesday. The SPY was down 0.015% at $597.44, while the QQQ was 0.017% lower at $528.99, according to Benzinga Pro data. Read Next: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Photo courtesy: Shutterstock This article Dan Ives Says Market Is 'Massively Underestimating' This AI Play, Urges Investors To Look Beyong Mag 7 originally appeared on
Yahoo
an hour ago
- Yahoo
CoreWeave (CRWV) Jumps 8% on Rosy Growth Prospects
CoreWeave, Inc. (NASDAQ:CRWV) is one of the CoreWeave grew its share prices by 7.99 percent on Friday to hit a new all-time high, as investors continued to load up positions amid rosy growth prospects. At intraday trading, shares of CoreWeave, Inc. (NASDAQ:CRWV) jumped as high as 10 percent to hit $187, before paring gains to finish the day at $170, as investors appeared to have flocked to the booming Artificial Intelligence industry for safety to mitigate risks from the ongoing geopolitical tensions. In recent news, CoreWeave, Inc. (NASDAQ:CRWV) announced a record-breaking performance from using 2,496 of Nvidia Corp.'s latest Grace Blackwell Chips on its AI-optimized cloud platform, making its submission the largest-ever benchmarked under MLPerf. In March this year, CoreWeave, Inc. (NASDAQ:CRWV) bagged an $11.9-billion deal with OpenAI and welcomed it as a new investor through the sale of $350 million CRWV stocks to the latter. Last month, OpenAI upsized the deal with another $4 billion worth of contract. A close-up of a network administrator's hands working on a cloud computing server. Last month, it was tapped by Aston Martin Aramco as its official AI cloud computing partner, where it will provide AI-accelerated engineering opportunities to support car design efficiency. While we acknowledge the potential of CRWV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
an hour ago
- Yahoo
Zeta Global (ZETA) Jumps 12.6% on Untapped AI Opportunities
Zeta Global Holdings Corp. (NYSE:ZETA) is one of the Zeta Global Holdings rallied by 12.63 percent on Friday to end at $14.18 apiece as investors snapped up shares following a study that marketing companies are lagging behind AI execution vis-a-vis its ambitions. In its study called 'It's Time to Get Serious About AI's Business Value,' Zeta Global Holdings Corp. (NYSE:ZETA) said that while many marketing organizations have begun implementing AI, most are still in the early stages of building the data, skills and systems required to scale it effectively and realize its full enterprise potential. Based on a survey of 300 North American marketing technology decision-makers, the study found that 62 percent of organizations described their current AI deployment as 'limited' or 'moderate.' The study was viewed by investors as a huge potential and opportunity for Zeta Global Holdings Corp. (NYSE:ZETA) to tap. 'Marketing should be at the front lines of the AI revolution, but many teams are held back by fragmented data, legacy systems, and skills gaps,' said Chairman and CEO David Steinberg. A marketing manager looking at the data dashboard of a marketing automation software showing successful campaign results. 'This study reinforces what we hear every day: marketers don't need more AI promises; they need practical, scalable ways to turn AI into better performance.' While we acknowledge the potential of ZETA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
