CXOtoday gave an exclusive interview to EduBridge CEO Girish Singhania
- Tell us about EduBridge. And how does EduBridge help transfer skills among young people?
EduBridge is India’s leading workforce development platform launched in 2009. The launch of the Workforce Development Platform was planned after recognizing the growing need to equip young people with the financial and digital literacy that enhances their employability. A supply and demand ecosystem within a company that requires skilled talent. EduBridge builds skills by giving young people the skills they need. The programs offered are created in collaboration with recruiters with the needs of reputable organizations in mind. At the end of the training program, learners will earn an industry certification and land a job at a reputable organization. These skills are imparted through interaction, discussion, and experiential education that ensures full learner participation and involves greater cognition. Most programs are conducted in virtual mode, but now that they have been fully unlocked, we are moving to a more hybrid model that includes online + offline forms of learning. Also included are several masterclasses from industry experts to give learners a fair idea of what their future job profile will entail, ready to be productive from day one. I can. decrease and ensure career sustainability.
2. What is your vision to equip India’s youth with the skills they need to make them more employable? Learn more about the skills that are in demand these days.
The tech segment is seeing increased demand for:
- data scientist
- data analyst
- Full-stack Java developer
- software test analyst
- Business Intelligence Analyst
- Python developer
These days, professionals at the forefront of running or creating AI-powered applications are starting to dominate the tech roost.
In the non-technical sector, there is a high demand for professionals in the following areas:
- Banking and finance (especially investment banking)
- Accounting and Tax Division
- digital marketing and
- health care
Skills in any of the above technical and non-technical areas make new graduates more employable.
Other aspects that make professionals more employable
- Emerging employees should consider skill stacking (or multi-skilling) to add value, secure a better position within the organization, and qualify for vertical or horizontal growth.
- Focus on developing learners’ soft skills
- New age learners need to strengthen their ability to communicate (read, speak, write) in multiple languages, not just English.
3. What is the current state of the EdTech sector and how is it helping young people get jobs?
Recently, there has been media coverage of an increase in the number of layoffs, especially in the technology sector. The symbolic reason behind these layoffs is not because these tech giants aren’t making a profit, but the skills needed to grow with the organization. Because I find it difficult. As EdTech and workforce development platforms rise, it is on our shoulders to enable growth and arm individuals with the futuristic skills to fill this gap. We are committed to creating a talent pool that is job-ready from day one that equips young people with skills, bridges the gap between employers and employees, and secures placement opportunities .
4. How is the rise of the EdTech sector impacting student self-study?
Even before the pandemic, the importance of skills has been called out. This is especially true to ensure that recent graduates and emerging professionals take advantage of skill opportunities to improve their career prospects and emerge as valuable assets to the organizations in which they are employed. This created a reason for EdTechs to step in and build an ecosystem that provides learners and professionals with in-demand skills to update their career prospects. EdTechs have provided learners with the tools to make teaching and learning more inclusive by allowing learners to learn at their own pace. This is the underlining factor that determines the rise of self-learning. EdTechs employs a unique learning pedagogy with tools such as E-Books and Podcasts to help learners learn on the go. EdTechs also use assessments, quizzes, and assignments to make learning more engaging and interactive. These activities help learners identify their strengths and weaknesses so they can improve over time. Interaction and discussion help learners improve their communication skills and improve their employability prospects.
5. How was placement last year? How many students were placed?
According to India Skills Report 2022, Maharashtra, Uttar Pradesh and Kerala are generating the largest number of jobs. Maharashtra has emerged as the most employable state. According to the report, placement in 2021 reached 34.26% in 2021 compared to 45.97% in 2022. The female participation rate stands at an impressive 51.44% in 2022 compared to 41.25% in 2021. Despite layoffs, we expect employability to skyrocket in 2023 as new jobs emerge.
6. Which technologies are most used in EdTech and what are the upcoming technologies that will most likely impact the industry?
EdTechs are supposed to update their technology from time to time to make learning more inclusive and immersive and enhance the cognitive experience that makes learning a seamless lifelong experience. Tools to make learning more interactive include:
a) Audio/Video – New age components include videos, podcasts, and many e-books
b) IoT – Harnessing the potential of IoT as a way to track learner progress in real time
c) Machine Learning – Using ML to identify student potential and improve their subjects
d) LMS – Learning Management System. An integrated tool that allows you to plan, access, and implement your learning process. Use of AI and VR – tools that take learners on insightful learning journeys and make learning immersive.
e) AI – Educators have dulled the luster of AI as a tool in the field of education, but it can be used to enrich learning experiences and assist with communication prompts. Especially for those who want to improve their communication skills. AI should be governed to certain specifications to avoid misuse of education and educational processes.
7. What is the funding scenario for the EdTech sector in 2023?
The 2023-2024 national budget will optimize funding for the EdTech sector as the government announced the launch of the Digital Library. AI goes mainstream as the Indian government establishes his three AI Centers of Excellence Pan-India. The establishment of the AI Center of Excellence means that his EdTechs and workforce development platform in the private sector will adopt future-oriented technologies to enhance the learning ecosystem. 2022 saw several prominent his EdTech organizations take over unicorn status. More people will be there in 2023 as there is a compelling need for EdTechs to reinvigorate technology in order to stay on a sustainable path and meet the enormous requirements for skills in the years to come. can be reached.
