This document summarizes the results of a survey conducted by Analytics India Magazine and Jigsaw Academy on the career perspectives of young IT professionals with 3-5 years of experience.
The survey found that over 60% of respondents want to change technologies or domains within the next 5 years. Nearly two-thirds felt they lacked growth opportunities in their current roles. Most planned to upskill through part-time education programs while keeping their jobs. Artificial intelligence and data science were the most popular skills to learn. Over half of respondents expected a 20-50% salary increase by transitioning to emerging technologies like AI.
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3 Years In IT Sector, What Next? Study By AIM & Jigsaw Academy
1. 3 Years In IT Sector,
What Next?
Study By Analytics India Magazine & Jigsaw Academy
2. 2 3
CONTENTS
Introduction
Research Methodology
How long have you been
working in this industry?
Do you wish to work in your
current technology/domain for
the next five years?
Do you feel you face enough
growth opportunities in your
current role?
If you do want to change your
job/role, how do you plan to do
it?
What Future Tech would you
like to upskill to?
If you would like to upskill, how
do you plan to do that?
Do you think, your
organisation should sponsor to
upskill you?
Do you think your current job
will be automated in the next
3-5 years?
How many times do you
hear keywords like AI/ IoT/
Blockchain in your current
organisation?
Are you already looking out
for a job in tech like AI/ data
science/ IoT/ Blockchain?
Do you think your past
experience would be wasted
once you move to another
technology?
How much salary hike do you
think you would receive once
you transition to another tech?
The Managerial Perspective
Road To Career Transition
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3. 4 5
INTRODUCTION
The field of information
technology is evolving at a
more faster rate than usual.
Areas like artificial intelligence,
data science, data analytics
and internet of things,
among others, are now being
integrated with industries
across all sectors. Many times,
it becomes difficult to keep a
track of these technologies and
keep up with them.
Now, more than ever, we are
seeing a pattern where young
professionals are finding
themselves confused about
their future in the company
— be it regarding their job
roles, their progress, or even
the fear of losing their jobs to
machines.
Analytics India Magazine,
in association with Jigsaw
Academy, decided to find
out what goes on behind the
making of a good career graph
in 2019. From the education
background to upskilling
strategies and organisational
partnerships for further studies,
today’s young professionals
have found many ways to fight
the career ennui.
In fact, industry numbers
suggest that there is an 18%
to 20% attrition rate for young
professionals with around
three to four years of work
experience.
4. 6 7
RESEARCH
METHODOLOGY
The samples were collected
by asking respondents to fill
in a survey created by AIM
about what these young
professionals felt like at work
— professionally. This included
various sub-topics such as
growth opportunity in the
current organisation, their need
to upskill and their preference
of a particular New Tech.
We took opinions from young
Indian professionals with work
experience between 2 to 4
years to get a thorough idea of
the working environment in this
growing field. Our survey was
met with much enthusiasm —
and we got some great insights
from it. Some of them were
expected, and many of them
were real eye-openers.
5. 8 9
• Our core demographic for the
survey, young professionals with
work experience of between two
to five years constituted a majority
of the result at 39%
• The other important constituents
to the survey were young working
professionals with less than two
years of work experience at 27%
• 19% of our respondents were
persons with 5-10 years of work
experience
0-2 years
27%
2-5 years
39%
5-10 years
19%
15+ years
9%
10-15 years
6%
HOW LONG HAVE YOU
BEEN WORKING IN THIS
INDUSTRY?
39%respondants are with work
experience of 2-5 years
6. 10 11
DO YOU WISH TO WORK
IN YOUR CURRENT
TECHNOLOGY/DOMAIN
FOR THE NEXT FIVE YEARS?
• The answer to this question was
an ambitious “no” with 63% young
professionals saying that they
would definitely want to change
their roles in terms of technology
or domain
• About 27% respondents were
not sure about their future in their
chosen sector
• And only 10% of the respondents
said that they wanted to keep
working in the same technology
domain No
63%
Maybe
10%
Yes
27%
63%professionals want to
change their roles in terms
of technology or domain
7. 12 13
DO YOU FEEL YOU FACE
ENOUGH GROWTH
OPPORTUNITIES IN YOUR
CURRENT ROLE?
• Interestingly enough, an
overwhelming majority of the
professionals at 66% said that
they did not face enough growth
opportunities in their current role
• Only 34% said they did foresee
growth opportunity
No
66%
Yes
34%
34%professionals foresee a
growth opportunity
in their career
8. 14 15
IF YOU DO WANT TO
CHANGE YOUR JOB/ROLE,
HOW DO YOU PLAN TO DO
IT?
• When asked the question about
how these young professionals
wanted to take their career
ahead if looking for a change, the
majority of them, at 59%, said that
they would prefer to upskill, while
keeping their current jobs
• 18% of the respondents said
that they would quit working full
time and take a break to pursue a
subject properly
• 13% of the respondents, on the
other hand, said that they would
like to change jobs, as that would
also allow them to get more
exposure and experience
Up-skill
59%
Study break
18%
No change
6%
New job in same organisation
4%
New job in different
organisation
13%
59%professionals prefer to
upskill while keeping their
current jobs
9. 16 17
WHAT FUTURE TECH
WOULD YOU LIKE TO
UPSKILL TO?
• When asked about what future
tech would most of the young
professionals would upgrade
their skill set to, most young
professionals gave a very clear
answer: artificial intelligence
and machine learning-related
technologies were most in
demand at 44%
• 35% of the respondents with 3-5
years of work experience in the IT
sector also said that data science
would be a great option to upskill
AI/ML
44%
Blockchain
6%
IoT
1%
Others
14%
Data science
35%
44%professionals want to
venture into artificial
intelligence related career
10. 18 19
IF YOU WOULD LIKE TO
UPSKILL, HOW DO YOU
PLAN TO DO THAT?
• 37% of the respondents who
prefer to upskill said that the
best way to do this was through
taking up a part-time educational
programme
• 35% said that they would prefer
studying on their own, using their
own material which is available
freely online
• 19% of the respondents said that
they would like to quit their full-
time jobs and pursue full-time
education
Sponsored program
9%
Self study
35%
Full-time course
19%
Part-time course
37%
37%professionals prefer part-time
education for upskilling
11. 20 21
DO YOU THINK, YOUR
ORGANISATION SHOULD
SPONSOR TO UPSKILL YOU?
This question was met with a very positive reaction where 64% of the
respondents said that they would like it if their organisations encouraged the
culture of upskilling by sponsoring it.
Yes
64%
No
36%
64%professionals want their
organisation to sponsor
upskilling programmes
12. 22 23
DO YOU THINK YOUR
CURRENT JOB WILL BE
AUTOMATED IN THE NEXT
3-5 YEARS?
Probably reacting to the dystopian warnings predicted all around the country
via different means, almost half the respondents, at 49%, said that they were
worried that their job would be automated within the next five years.
Yes
49%No
51%
49%professionals are worried
that their jobs might get
automated
13. 24 25
HOW MANY TIMES DO YOU
HEAR KEYWORDS LIKE AI/
IOT/ BLOCKCHAIN IN YOUR
CURRENT ORGANISATION?
• New tech concepts such as AI,
IoT and blockchain have become
fairly common at workplaces
today. Clearly, respondents have
had positive experience towards it,
because, 44% said that they heard
these terms frequently
• 28% respondents said that they
heard these terms regularly
Never
8%
Frequently
44%
Regularly
28%
Sporadically
20%
28%respondants hear of terms
such as AI, IoT, Blockchain on
a regular basis
14. 26 27
ARE YOU ALREADY
LOOKING OUT FOR A
JOB IN TECH LIKE AI/ IOT/
BLOCKCHAIN?
Clearly, after gaining a few years of work experience in the IT sector, the next
step for most young professionals is to then move on to New Tech. This was
demonstrated by an overwhelming majority of 72% who said that they were
already looking out for a new job in this area
Yes
72%
No
28%
72%professionals are already
looking out for job in
emerging tech
15. 28 29
DO YOU THINK YOUR
PAST EXPERIENCE WOULD
BE WASTED ONCE YOU
MOVE TO ANOTHER
TECHNOLOGY?
Many professionals have expressed
this fear in the past that while
upskilling is a good move for the
career, but it may sometimes
undermind the past work experience.
• But 52% of the respondents
said that they did not think that
upskilling or moving into another,
newer technology would waste
their past work experience
• However, 29% of the respondents
were not sure about this
Yes
19%
No
52%
Maybe
29%
52%respondants believe that their
past experience wouldn’t go
waste if they upskill
16. 30 31
HOW MUCH SALARY
HIKE DO YOU THINK YOU
WOULD RECEIVE ONCE
YOU TRANSITION TO
ANOTHER TECH?
Most of the time, these young
professionals want to move to
newer territories in the future tech is
because of the growth opportunities
and monetary compensation.
• 58% respondents think that they
would get a salary hike between
20 to 50 percent after they upskill
themselves or transition to new
tech
• 18% respondents said that they
expected they would get as much
as a 50 percent hike
No hike
8%
10-20 percent
16%
50+ percent
18%
20-50 percent
58%
18%respondants expect
50% hike if they switch
to emerging tech
17. 32 33
THE MANAGERIAL
PERSPECTIVE
Mohan Sitharam, the chief
human resources officer at
Subex, told Analytics India
Magazine that they always
preferred to upskill and retain
current employees than hire
outside talent. “Subex is a
product company with deep
expertise in the telecom
domain. For a business such
as ours, it is an obvious
choice to retain and upskill our
engineers. We consider re-
training our existing resources
as raising the bar of our talent’s
competence, and in our
experience, we realise that the
odds of advantage are twice
when we retrain our existing
talent, rather hiring skills.”
Bhuvan Nijhawan, Director
Education – Asia Pacific, SAS,
told Analytics India Magazine,
“Young Professionals these
days are constantly looking to
upskill themselves, given the
rapid market demands and
advancements in Data Science
technologies. These employees
not only intend to continue with
their current employer but also
upskill themselves for career
progression and growth. To
encourage such budding talent
and recognise their skillset,
SAS® has introduced SAS®
Digital Badges. These badges
are given only to those who
take up our official Training
programs or those who clear
the Certification exam. This
also acts as a reference point
for potential interviewers.
With increasing demand for
skills in Data Science, Machine
Learning & Artificial intelligence,
tech-savvy professionals with
0 to 3 years’ experience often
look forward to acquiring these
skillsets. Moreover, the hype in
this field often leaves them with
scattered information making
it difficult to choose relevant
programs to their profile. With
this in consideration, SAS
has developed assessment
tools which map their existing
skill sets thus aiding with
recommended curricula
relevant to their profile. We also
work to connect these talents
with our partner organisations
and customers.”
18. 34 35
ROAD TO CAREER
TRANSITION
Abdul Baasit, one of the
students who completed the
Postgraduate Program in Data
Science and Machine Learning
from Jigsaw Academy has
transitioned successfully in his
career.
“I had a background in
IT but in around 2015, I
discovered my interest in data
and generally working with
mathematical solutions,” he
said. Abdul initially completed
the course in Data Science
with SAS and while he did then
move into the data science
space, he felt that it wasn’t
quite enough. “I’d noticed the
potential of analytics in the job
market and was keen to get
further into it. I felt that doing
another more in-depth course
would be helpful,” he added.
19. 36 37
ABOUT ANALYTICS
INDIA MAGAZINE
Founded in 2012, Analytics
India Magazine has since been
dedicated to passionately
championing and promoting
the analytics ecosystem
in India. It chronicles the
technological progress in the
space of analytics, artificial
intelligence, data science,
big data by highlighting the
innovations, players in the
field, challenges shaping the
future, through the promotion
and discussion of ideas and
thoughts by smart, ardent, ,
action-oriented individuals who
want to change the world.
Analytics India Magazine
has been a pre-eminent
source of news, information
and analysis for the Indian
analytics analytics ecosystem
by covering opinions,
analysis and insights on
the key breakthroughs and
developments in data-driven
technologies as well as
highlighting how they are being
leverages for future impact.
With a dedicated editorial staff
and a network of more than
250 expert contributors, AIM’s
stories are targeted at futurists,
AI researchers, Data science
entrepreneurs, analytics
aficionados and technophiles.
ABOUT JIGSAW
ACADEMY
Jigsaw Academy was started
in 2011 by Gaurav Vohra
and Sarita Digumarti. They
were brought together by
their shared passion for data
and their belief in the power
of analytics and Big Data
to change the way not just
industries, but individuals could
work. They regard data science
as a necessary life-skill, and
their constant endeavour to
improve how it is taught has
been a consistent factor in
what continues to distinguish
Jigsaw Academy from other
training providers.
