New Delhi: The slowdown in tenured jobs notwithstanding, flexi staffing in information technology (IT) is poised to grow in double digits in the next four years, Indian Staffing Federation (ISF), a grouping of top staffing companies in India, said in a report Tuesday. This growth will be driven by sectors like information technology, banking and retail. Flexi hiring refers to temporary jobs. The IT flexi staffing market in India, worth $3.04 billion in 2016-17, is expected to grow 14-16% annually to become a $5.3 billion industry by 2021, the ISF report said. Companies like TeamLease Services, Manpower, Kelly Services, People Strong and Adecco India are part of ISF.
Newer technologies like AI, Machine learning or blockchain will together boost the IT staffing industry creating new jobs. According to ISF report on IT Staffing Industry Landscape, Karnataka, Maharashtra and Delhi NCR are the top 3 states that dominate the IT Flexi Staffing Industry in India. Karnataka dominates the IT Flexi Staffing market standing at $1.05 billion followed by Maharashtra at $0.48 billion and Delhi NCR at $0.23 billion. With the rise of technologies such as cloud computing, artificial intelligence, IoT, Big data and machine learning, the demand is growing for new technology-based services. Mobility and cloud computing each standing at 63 percent are in maximum demand followed by cybersecurity at 53 percent and analytics at 51 percent - they comprise the top technology drivers across organisations for their proficient functioning.
Just because you have an affinity towards numbers, you breezed through all your accounting classes and your books are always perfectly balanced, does not mean that your days of learning and adapting are over. In fact, for accountants to succeed currently, they are going to need to bring a bit more to the table than just an appetite. In a recent eBook by Flexi Software on accounting automation in the insurance industry, the desire to hire more well-rounded and future-ready accountants appears to be on everyone's radar to a certain extent. This does not necessarily mean automating everything and doing away with accountants or hiring fewer accountants. What it does mean is hiring accountants who are armed with more than just an ability to maintain the books.
When I went on a break to take care of my children, I was in marketing. When I decided to come back, the work itself had changed to digital marketing," says Franky Aggarwal, a 40-year-old working mother in Pune. Aggarwal, after doing a one-year digital marketing certification course, is now working for a US-based personal care brand through FlexiBees, a platform that reemploys female professionals part-time or on a work-fromhome arrangement. Women are leaving work as young mothers or caregivers, resulting in a leaky talent pipeline across sectors. Even as the pool of second-career women -- those returning to work after a break -- is growing, the tech and digital disruption that is changing the way India Inc works is making it increasingly difficult for them to come back. In fact, technology-led disruption is the newest gender-diversity challenge in corporate India. Companies such as IBM, Microsoft and Ingersoll Rand are rolling out programmes to deal with this. In December 2018, the World Economic Forum's "The Global Gender Gap Report" noted that the increasing expansion of artificial intelligence was creating demand for a range of new skills, among them neural networks, deep learning, machine learning and tools. It said: "Only 22% AI professionals globally are female, compared to 78% who are male.
On three occasions this week, I asked a FlexiSpy salesperson a simple question: If I wanted to, could I use their spyware to snoop on my wife's cellphone without her knowing? The answer each time was yes. When asked if it was legal, they responded with a canned disclaimer explaining it was necessary to get the permission of the target. But what if I didn't want my wife to know? They could help me anyway.