Tag: ISB

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We will make Hyderabad, a global capital for AI: Sridhar Babu, IT Minister

May 20, 2024 by Sujata Muguda 0 Comments #a global capital for AI: Sridhar Babu, #D. Sridhar Babu, #Divya Sree NSL, #Govt of Telangana, #Hyderabad, #ISB, #IT, #IT industry in the state, #IT Minister, #Mr. Revanth Reddy, #Satyanarayana Mathala, #Telangana Facility Managers Council, #TFMC

Hyderabad, May 20, 2024….We are here for a change. Our government is sincerely trying to bring in changes on all fronts in the state, said D. Sridhar Babu, Minister for IT, Govt of Telangana while addressing a gathering of Facility Managers at the 10th Green Annual FM Summit 2024 on Friday late night at the Address Convention in Narsingi in the city.

A HANDLOOM RAM WALK WAS ORGANISEDA AT THE 10TH GREEN AANUAL FM SUMMIT 2024 pic 7

The Minister was invited to be the chief guest at the summit of Facility Managers organised by decade old Telangana Facility Managers Council (TFMC).

Speaking on the occasion the Minister said that the firm foundation for the IT and ITES industry was laid in 1992 and since then in the past three decades, it has witnessed exponential growth. Over the years a beautiful ecosystem was also developed. We all are proud of our IT Industry. Our government came into power five months ago and in between, we have a poll code of conduct. The Chief Minister of the state Mr. Revanth Reddy has been working 24×7 for the past three months to fulfil the dreams of the people which were not realised during the previous government ruling.

Speaking about the IT industry in the state, D. Sridhar Babu said, we are working to bring the best brains back to Telangana. Our IT industry is at the number two position now and we would like to see it at a number one position. The Y2K Bug was the turning point for the software industry. Now AI (Artificial Intelligence) is another such moment. Chief Minister wants Telangana to take a lead, and it is his vision. We want Hyderabad positioned as the ‘AI capital of India’. It is our earnest desire to see Hyderabad as an AI City. We want to see Hyderabad as the most happening city for AI activity. We would like to see the city as a house for AI research. Who is who of the AI world must work from here, and more and more AI products and services be developed from here. Telangana would like to set up a dedicated Artificial Intelligence City. We have already allocated 200 acres of land to position Hyderabad as India’s ‘AI capital’. The AI City will be a city for tomorrow’s work. We will certainly require the services of TFMC (Telangana Facility Management Council), he added

AI is expected to capture every breadth of human life soon. We would like to take an early lead to be at the forefront of that technological development. Aiming for technology-driven growth, the Telangana government plans to host the AI Global Summit in Hyderabad in July, the Minister revealed. We will see that many AI intellectuals from across the globe take part in the Summit. The Telangana government will absorb AI into its governance, Sridhar Babu added.

Another important step and the most ambitious project we are looking at is the setting up of a Skill University in August this year. It will be on par with the best of the best global institutions. It is going to be another landmark like ISB for the city of Hyderabad. By doing so we would like to fill the gap between industry and academia that exists now. Right now we are finalising the modalities. However, we welcome suggestions, and professional expertise from experts on its constitution, modalities, policy frameworks etc, D. Sridhar Babu said

Sridhar Babu gave away mementoes of appreciation to the partners of the 10th Green Annual FM Summit 2024 who made it possible.

Later TFMC presented the Social Excellence Awards and the Green Awards. The Social Excellence Awards were presented to a couple of traffic cops.

The Best Greening the Future award 2023-2024 was presented to L & T Metro; Eco Warriors-MSN Labs: Best Sustainable Solutions — My Home Group; Earth’s Champion Award—Sattva Knowledge City; Green Innovation Award to Raheja Mindspace; Shaping a Greener Tomorrow award to Q-City; Sustainability in Action Award to Divya Sree NSL; Eco trailblazer award to RMZ; Eco Champion award to Micron; Environmental Stewardship Award to Microsoft; Eco Advocate Leadership award to TCS; Eco Innovation Trail Blazer Award to Infosys; Green leadership innovation award to GMR; Sustainability catalyst award to NSL; Eco-conscious community engagement award to Innopolis; Green technology integration award to EXTRA and Conservation Excellence award to LTI Mindtree.

Followed by this a Handloom Ramp walk was organised where facility management professionals from 21 IT companies both men and women sporting handloom garments walked on the ramp. The purpose behind such a ramp walk which has been an annual feature of FM Summit each year was to encourage people wear handloom clothes at least once a week so that the poor weavers get encouragement.

Facility management (FM) is a profession that improves business and lives by ensuring functionality, comfort, safety, and efficiency of the built environment and is practised by 25 million people around the world, said Telangana Facilities Management Council (TFMC)’s President, Satyanarayana Mathala

The summit focused on future technology and AI Practices which every Facility Manager will use in the next 10 years.

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Skillsoft Introduces Interactive Skill Benchmarks, Transforming Skill Growth Assessment

May 6, 2024 by Sujata Muguda 0 Comments #Debasis Dutta, #Gina Smith, #ISB, #Skillsoft, #Skillsoft CAISY™

New Delhi, 6th May, 2024 – Skillsoft (NYSE: SKIL), a leading platform for transformative learning experiences, today unveiled Interactive Skill Benchmarks (ISBs). A first-of-its-kind capability and the newest addition to Skillsoft’s Skill Benchmarks suite, ISBs provide a hands-on, dynamic approach to skill assessments built around demonstrable learning outcomes and on-the-job application.

IDC predicts that by 2026, 90% of organizations will face skills gaps, costing more than $5.5 trillion worldwide in delayed product releases, reduced customer satisfaction, and lost revenue.1 Recent Skillsoft research also shows that one in five decision makers directly attribute skills gaps to an inability to effectively assess their workforce’s skills. Skillsoft’s ISBs test learners’ ability to take skills from theory to application via hands-on assessments in virtual environments. This interactive approach not only accelerates subject mastery, but also enables organizations to better assess how in-house skills align with business needs to optimize talent management strategies.

The first set of ISBs spans crucial technology subjects in artificial intelligence and machine learning, programming, and data science, with future expansions planned around leadership, business, and risk management. Key features include:

· Interactive virtual environments that enable learners to apply skills in simulated practice scenarios – such as writing and executing code – that mirror real-world projects.

· Outcome-oriented assessments which emphasize broader learning results to ensure learners grasp core concepts and understand how skills are utilized in their roles.

· Personalized results and feedback with proficiency scores and AI-generated content recommendations based on a learner’s assessment performance for guided upskilling.

· Dashboards that provide a comprehensive view of an organization’s skills, helping leaders identify areas of strength or needed improvement and track skill growth.

“Interactive Skill Benchmarks are a pivotal moment in skill evaluation and development. Our approach enables learners to not just demonstrate their ability to recall learning, but apply it to solve real business problems,” said Debasis Dutta, Senior Vice President, Enterprise Solutions, Skillsoft. “With ISBs, organizations and learners gain a firmer understanding of where they currently are in their skilling journey, where they need to go, and what training is needed to get there.”

Gina Smith, Ph.D., Research Director, IDC’s IT Skills for Digital Business Practice, added, “Amid widening IT skills shortages, Skillsoft helps enterprise learners gain literacy around generative AI and other important emerging technologies. It has never been more difficult to get the right people with the right skills into the right roles. Skillsoft’s learning solutions and interactive benchmarking can help learners master the skills they need to get their teams and organizations to the next level.”

ISBs demonstrate Skillsoft’s continued commitment to meeting modern learning demands through AI-powered, interactive skilling experiences. In addition to ISBs and Skillsoft CAISY™, the company recently launched AI Skills Accelerators. Blending hands-on prompt engineering labs, secure GPT-4 sandboxes, video-based courses, AI-powered and human coaching, and instructor-led events, AI Skills Accelerators enable learners, leaders, and technologists to acquire AI-related skills for tasks such as SEO optimization, large language model (LLM) prompting, and product use case development.