Business Today

Rise of the Net Trainers

With industry needs rapidly changing due to advancing technology, a host of online courses, both globally and locally designed, have sprung up to help professionals upgrade their skills.

"Online learning is about lifelong learning," says Ishan Gupta, Managing Director, Udacity, India. What he means is that the speed of change in the IT industry and its ripple effect across other industries requires professionals today to keep upgrading their knowledge and skills throughout their working lives. Those who stop doing so, cease to acquire further qualifications at the right time, risk redundancy, as the current paradox in the IT industry clearly shows even as experts in Data Analytics, Machine Learning, Deep Learning, Blockchain and more are in desperate demand, large numbers of people are being laid off.

The farsighted ones are heavily into undergoing retraining. And the bulk of such retraining is being imparted, not in brick and mortar classrooms, but through online courses, which began in the US in the mid 2000s, and have since spread across the world. In India, the opportunity for re skilling employees stood at around $93 million in 2016, and is expected to grow to $463 million by 2021, according to a report by KPMG India. Not surprisingly, a large number of courses, ranging from massive open online courses

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