New Areas of Technology Job Creations For Next Decade

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Astrologers have been a big hit since centuries, as they were the only source of predictive information ever since mankind learned about starts and created the art of astrology. The curiosity of knowing the future has not been limited to the personal lives of individuals, but several nations patronize these astrologers and occult practitioners to tame the future.

The degree of success achieved by them is questionable, but the need of knowing the future and predicting the behaviors have caught fancy of corporate world in today’s modern times.  From gut feelings of experienced managers to data mining to come out with predictable patters is finding more and more need in the corporate world where the future is changing faster than one can cope up with.

With the advent of internet and now with so many touch points of every individual whereby they generate huge amount of data has a wealth of information hidden that can probably bring out some value to businesses. The Big Data hype moved the world to technologies that helped large companies crunch data faster, but in most of the cases, the business case of investing in a technology like Big data has been limited to churning out reports faster and in some cases giving granular and real time information not possible earlier. While the experiments continue, the world is slowly coming to definitive answers to how proper analysis of data available within and outside their domain can help replace astrologers for their businesses and come out with more relevant and timely information that can help their business grow.

Over last two decades, the data crunching job was limited to the BI (Business Intelligence) of what we also call as Data warehouse concept. These models were only focused on post mortem analysis of data available within the domain of the company and in most cases was limited to standard information like finances and stocks. The possibilities that Big Data era brought to the corporates in terms of making best use of the information they have and can collect from outside their domain has opened up several opportunities for engineers.

Predictive analysis will become a whole new opportunity for data engineers and business visualizers who can create new products, spend less on advertisements and yet get better results, can hire the right talent with less effort and bring better value to every dollar spent by helping remove the waste from the traditional information channels.

It is sure that the new corporate astrologers would not only create a better value for the businesses, they would also create a whole new breed of technology jobs.

Alok Kumar

Alok Kumar is Managing Partner of SRKay Consulting group, a private equity company, nurturing innovative ventures. Alok also serves on the board of ICCL (Indian Clearing Corporation Limited - A subsidiary of BSE- Bombay Stock Exchange) as an external advisor for technology and information security. Prior to this, Alok had been Managing Director of Sears IT & Management Services India Private Limited (SHI) since its inception in December 2009 and served in the same position till very recently. Having been in senior IT management positions in Fortune 500 companies, Alok has won several national and international awards. Alok is instrumental in planning and setting up SHI and thereafter growing it to a multi-locational thousand-plus people organization. Over the last five years, with his strategic vision, Alok helped SHI grow roots in India, develop and support technology applications and infrastructure across core mainframe, cutting edge e-Commerce and big data technologies. With his unique people-oriented transformational leadership style, Alok turned SHI into one of the most valued investments of Sears, garnering great ROIs, and creating value much beyond cost arbitrage. Under his tutelage, SHI has filed two patents and is recognized widely for its best practices in various areas, the latter, currently featured in Indian Institute of Management (IIM) case studies. SHI also became a CMMI Level 3, PCMM Level 3, and ISO 20000 certified organization. Alok is a widely acclaimed corporate leader in India today. He regularly participates and leads various forums as a keynote speaker and is an author of several books in different genres. Alok has several awards to his credit. He is particularly known in the industry for his people management skills and innovative ideas in improving the productivity of employees through unique people practices. He has been credited with the following industry awards: ¬ Emerging Leader of the Year award 2013 by ¬ Game Changer CEO of the Year 2013 (SHRM) ¬ CIO 100 - The Bold CIOs - 2008 (Reliance Infosolutions) ¬ CIO - Ones to Watch Award 2008 (Reliance Industries) ¬ Extended Manager Award - CIOL 2004 (Tata Teleservices) As an able leader of SHI, Alok got SHI recognized widely in the industry with the following several awards: ¬ CII Award for HR Best Practices in 2014 ¬ Global Excellence in Outsourcing Award - AIOP (Phoenix 2013) ¬ IT Innovation Award (Design & Engineering) - Computer Society of India 2012 ¬ Golden Company of the Year - Economic Times 2011-12 ¬ 7th Employer Branding Awards - World HRD Congress (Mumbai, India) 2013: • ‘Asia’s Best Employer’ Award • ‘Best HR Strategy’ in line with business • HR Leadership Award • Talent Management Award by Bloomberg TV India ¬ Employer Branding Awards - World HRD Congress (Singapore, Asia) 2013: • 7th rank in ‘Asia’s Best Employer’ award • Award for ‘Best HR Strategy’ in line with the business • HR Leadership Award Other recognitions: Alok had served on the distinguished panel of NASSCOM's GIC (Global In-house Centers) National Council members. The council members play a key role in major initiatives of the industry and include the torch bearers of IT industry as panel members. Books and Papers: Alok is an established author, with three books to his credit. Alok’s third and latest book, a novel, “The Spy from Unaula” is a 2015 publication. A handwriting analysis enthusiast, Alok collaborated with his wife Nandani on the book, “Handwriting Speaks” in 2006. “Value Sourcing – Future of IT Outsourcing” was co-authored with Keith Sherwell (currently CIO, Altice USA) and was released in 2013. Alok also researched and published two whitepapers: a. “Creating next generation captives” talks about the best practices that are helping generate higher value from the IT company captives.

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