Integration of tech into traditional businesses

In the year 2022, the tech industry witnessed a remarkable surge in entrepreneurs dedicated to facilitating the integration of technology into traditional businesses. This integration spanned various aspects, encompassing communication, manufacturing, and distribution development. However, this promising avenue for tech CEOs and unicorn companies came hand in hand with the challenge of seamless execution.

- Satya Mohanty, Sugandha Srivastava 

Numerous business models emerged as a response to the evolving work landscape. These models included full remote work, hybrid setups, and complete onsite operations. Tech and IT organizations proactively tailored their services to accommodate these diverse working preferences, thereby fostering a personalized work environment aligned with individual needs.

An insightful study conducted by CMR shed light on employability trends across different educational institutions. This study not only evaluated how effectively these institutions placed their students within the tech and IT industry but also considered other engineering disciplines. The evaluation was gauged through the prism of the Employability Index, a metric encompassing a specific combination of credentials, competencies, understanding, and personality traits. These attributes collectively enhance a student's prospects of securing a job in their chosen field.

DATAQUEST T-SCHOOL EMPLOYABILITY INDEX SURVEY 2023

The Employability Index serves as a pivotal metric designed to capture the journey of engineering graduates as they transition into the realm of employment. This comprehensive report plays a vital role in furnishing students with invaluable insights by spotlighting the inherent possibilities of securing employment in their chosen fields of study. Its central aim revolves around pinpointing students who might be susceptible to underemployment, a scenario stemming from a disparity between their educational accomplishments and the nature of their occupation. In essence, the Employability Index not only sheds light on the potential career trajectories aligned with specific educational paths but also serves as a safeguard against mismatches that could lead to sub-optimal employment outcomes.

CURRENT JOB MARKET 2023