According to Mohanty, the company’s Chief Technology and Digital Transformation Officer, “The overall objective is to go beyond education financing and empower students with the skills, agility, and competence required to thrive in a global technology-driven economy.”
Samir Mohanty, Chief Technology and Digital Transformation Officer, Avanse Financial Services
India faces a 56% year-on-year cloud talent gap (as per a Draup study, ‘Exploring Cost-Effective Talent Strategies to Build New Age Cloud Teams’ - March 2023), highlighting the urgent need for accessible, inclusive, and industry-aligned technology training.
With APAC’s technology spending forecasted to reach US $732 bn in 2023 and AI investments expected to quadruple by 2028, the demand for skilled professionals in cloud, AI, and cybersecurity is growing rapidly.
Avanse Financial Services and AWS recently announced a partnership with a two-pronged objective.
AWS Skill Builder: Avanse will provide curated skill-building programmes by AWS, along with the necessary funding, to both its existing and prospective higher education students.
AWS re/Start: Avanse has designed several CSR initiatives to make quality education accessible for underserved Indian students. To strengthen its commitment, Avanse will make skill-building courses accessible via AWS re/Start to students at zero cost, providing the critical support they need to soar towards their aspirations.
The whole area of technology, digital skill development, is undergoing a change with AI now becoming indispensable in almost every tech stack that’s out there, said Samir Mohanty, Chief Technology and Digital Transformation Officer (CTDTO), Avanse Financial Services speaking on the sidelines of the company’s partnership with Amazon Web Services (AWS) to provide technology-related education to India’s youth.
“The technology and digital skills landscape is transforming rapidly, with AI embedded in almost every modern tech stack. The growing adoption of AI, ML, cloud technologies and more is driving a strong demand for professionals who can not only grasp these concepts but also apply them effectively across diverse fields such as data analytics, cybersecurity, finance, healthcare, and beyond,” he said.
‘Continuously upgrade’ is need of the hour
Gone are the days when IT professionals remain content with their degrees and static resumes. Today, to ‘stay future-ready and continuously upgrade’ is necessary.
“Employers now look for talent with both technical expertise and adaptability, making continuous learning and reskilling essential for long‑term career success,” Mohanty said.
“To stay future-ready and relevant in today’s ever-evolving market, individuals need to continuously upgrade their digital competencies, ranging from AI and ML to cloud computing, data science, and automation through structured courses, certifications, and hands-on projects,” he said, adding, “The overall objective is to go beyond education financing and empower students with the skills, agility, and competence required to thrive in a global technology-driven economy.”
By continuing you agree to our Privacy Policy & Terms & Conditions
