Synopsis
A recent report reveals that nearly 91% of Indian professionals consider generative AI skills essential for career growth. The demand for expertise in GenAI is rising, with many looking to transition to major tech firms and invest in AI-driven initiatives.Key Takeaways
- 91% of professionals see GenAI skills as vital.
- 92% believe GenAI knowledge is key for future success.
- 46% aim for roles in leading tech firms.
- Data science is the most sought-after skill.
- GenAI could boost productivity in financial services by up to 38% by 2030.
Bengaluru, March 12 (NationPress) - As new technologies advance, almost 91% of professionals assert that skills in generative AI (GenAI) are crucial for career growth, according to a report released on Wednesday.
The Simplilearn report indicates that these skills will play a pivotal role in professional development through 2025 and beyond.
A significant finding is the rising demand for GenAI knowledge. Approximately 92% of the surveyed professionals believe that expertise in generative AI will be essential for future success.
Moreover, many respondents expressed intentions to transition to major technology companies, with 46% targeting positions at leading firms and 76% aiming to utilize AI for organizational transformation.
The report also outlined the most in-demand skills among professionals. Data science and analytics topped the list, attracting interest from 32% of the respondents.
Following closely were AI and machine learning at 18%, while programming skills comprised 16%.
In another report from EY on the same day, it was revealed that GenAI is projected to enhance productivity in Indian financial services by 34% to 38% by 2030, with banking operations experiencing potential gains of up to 46%.
The report stressed that financial institutions in India are increasingly investing in GenAI, with 74% of companies initiating proof-of-concept projects and 11% advancing to full-scale implementation.
Additionally, 42% of organizations are actively budgeting for AI-driven initiatives, concentrating on areas such as voice bots, email automation, business intelligence, and workflow automation.
Amidst the rapid expansion of AI tools and automation, companies are on the lookout for professionals skilled in generative AI, data science, and programming.
The report concludes that these skills will be highly sought after, positioning individuals for well-paid job opportunities.
-- IANS
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