Skills have a shelf-life of only 2-3 yrs: NASSCOM

Chairman of IT-BPM industry body NASSCOM, U B Pravin Rao, said on Sunday that individuals need to reinvent themselves to stay relevant as corporates are reinventing themselves. People need to commit to lifelong learning in order to stay relevant and employable as the shelf-life of skills is now only two to three years.

The Chief Operating Officer of Bengaluru-headquartered IT major, Infosys Ltd also stated that machines and algorithms in the workplace are expected to create 133 million new roles. Rao, said this at an online graduation ceremony for approximately 2,800 learners, hosted by online higher education company, upGrad in partnership with ‘The International Institute of Information Technology Bangalore’ (IIIT-B). He was the chief guest at the virtual ceremony.