The Prime Minister Mr. Narendra Modi on 19th February 2018 (Monday) unveiled through video conference, Nasscom’s platform – “Future Skills” – for skill development in eight different futuristic technologies under “Digital India” initiative by the government of India.
This program is aimed at skilling and up-skilling about 2 million technology professionals and develop skills in another 2 million students and prospective employees in coming few years.
NASSCOM and the Boston Consulting Group, identified following 8 technologies, being a part of the “Future Skills” platform.
- Robotic Process Automation or RPA
- Artificial Intelligence or AI
- Virtual Reality
- Internet of Things (IoT)
- Big Data Analytics
- 3D Printing
- Cloud Computing
- Social and Mobile
Our discussion on Software Testing Genius is focused on;
- Big Data Analytics
- Robotic Process Automation (RPA)
How does Big Data Analytics fit in?
It’s loud and clear that due to high volume of data being captured, analysed and shared during millions of transactions by the companies, the real challenge faced by data-oriented managers is to effectively execute the business processes to achieve the defined goals or benchmarks.
Renowned management consulting company “McKinsey” says, “The speed at which the amount of data is exploding day by day, the major basis of competition among leaders in every sector is going to be the capability of managing huge data sets – so-called Big-Data.
How does Robotic Process Automation (RPA) fit in?
Robotic process automation has emerged as one of the largest process streamlining technologies in today’s dynamic operation of companies’ or rather entire industry. Organizations like banks and insurance companies which operate on many labour-intensive processes that are highly transactional and are high in volume. Every day thousands of account opening forms and customer claim requests are processed by these organizations.
These massive volumes of transaction require expert management of such input data and forms into the IT systems. This process although massive, yet it is rule-based and repetitive. If some software system is available to do such repetitive tasks, this large manpower deployed on them can be utilized elsewhere.
This is where RPA comes in by drastically reducing these rule-based and repetitive tasks which that do not need human intervention of taking subjective judgements.
We are sharing with you several technological articles and knowledge based resources here
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