While the Indian IT sector continues to lay off employees in its shift towards automation, a dearth for leadership, coupled with reservations about data security, is hindering the digital disruption. For engineers, this means there won’t be a spur in the job market within the automated systems companies are putting in place.
IT firms are yet to address issues at the ground level even as engineers are having to convince their clients about new automated processes.
At present, the digital technologies’ disruption is only 14 per cent of a total turnover of 154-billion in the IT industry in India, informed Ashok Pamidi of Nasscom. The digital disruption is expected to touch 40 per cent by 2025. Even though there were around 2 lakh employees trained and deployed for digital technologies, when it came to leadership, it is still a challenge, Pamidi added.
As for fear perceptions around data security, Pamidi opined that many of the technologies have still not evolved and more standards and protocols had to be evolved in the coming days .
Ravikumar Sreedharan, managing director of Unisys India, said it was true the financial services sector had seen increased risks due to phishing, email compromise and ransomware as the business processes got increasingly automated.
But, it doesn’t mean these sectors are not ready for automation; they just need new approaches and thinking to mitigate these new risks, he added.
By Baishakhi Dutta
