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News : Genpact and UpGrad to Address Data Scientist Talent Gap by Upskilling Working Professionals
Bangalore, India, and New York, NY, USA, July 18, 2016 -- Genpact (NYSE: G), a global provider in digitally-powered business process management and services, and UpGrad, the online education platform for working professionals, announced they are partnering together in an innovative postgraduate diploma data analytics program in association with the International Institute of Information Technology-Bangalore (IIIT-B).
The rigorous nine-month program helps bridge the critical talent gap facing today’s analytics industry. The demand for experienced data scientists far exceeds the availability of trained professionals to meet the growing need for global enterprises to provide real-time intelligent information to their customers, regulators, partners, and other groups in an increasingly digitally and data connected world. In India alone, industry experts expect a shortage of at least 200,000 data scientists in 2016. It also helps to increase the employability of many professionals in the face of changing work requirements.
Genpact will serve as UpGrads’ "knowledge partner," and the two companies will work closely together to create case studies, guest lectures, and other curriculum. Genpact and UpGrad will also host events for students at Genpact offices, provide mentorships with Genpact leaders, and offer recruitment opportunities for students among other activities.
The UpGrad program, which aims to train more than 10,000 professionals over the next three-to-four years, is geared to help working professionals acquire additional industry relevant knowledge, grow their professional network, and accelerate their career in data analytics. The curriculum covers diverse advanced subjects in data analytics through interactive sessions, live lectures, and three-month capstone projects mentored by the best in the industry.
"As a recognized leader in Data-to-Insight-to-Action analytics, Genpact looks forward to sharing our deep domain expertise, innovative technology tools, and executives’ experience with young professionals looking to elevate their careers," said Sidhartha Shishoo, vice president and people function leader, Analytics and Research, Genpact.
"At UpGrad, we aim to create cutting-edge, industry relevant programs so individuals can reach their full professional potential and are job ready on completion of the program. Genpact is an industry leader globally that brings decades of critical experience across scenarios that will give our students key insights into analytics. Genpact’s contribution will help us design and deliver a state-of-the-art online post-graduate program in data analytics to educate the next generation of leaders," said Ronnie Screwvala and Mayank Kumar, founders, UpGrad in a joint statement.
Posted by Veronica Silva Cusi, news correspondent
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Genpact is a Business process outsourcing (BPO) company in India. It was formerly a GE owned company called GE Capital International Services or GECIS. It operates from India, China, Guatemala, Hungary, México, Morocco, the Philippines, Poland, the Netherlands, Romania, Spain, South Africa, and the United States.
Published: Wednesday, July 20, 2016