Archive for the ‘NIIT’ Category
NSDC ties up with Future Group, NIIT for industry training
The National Skill Development Corporation (NSDC) has tied up with Future Learning, an education arm of the Future Group, and NIIT to train 14 million persons in the next 10 years. The project cost of the public-private partnership with NIIT is Rs. 377 crore (Rs. 3.77 billion) where NSDC will take a 10 per cent stake in NIIT Yuva Jyoti Ltd.
“NYJL aims to set up over 1,500 state-of-the-art NIIT Yuva Jyoti Centres across 1,000 cities. The aim is to provide industry and job-specific training to around 7 million young Indians by 2022, thus helping create a pool of job-ready workforce for the service industry. Further, a ‘Skills Inventory’ of around 26 million youth will be created by 2022,” said Mr. Vijay Thadani, Chief Executive Officer, NIIT.
The 73:27 joint venture between NSDC and the Future Group will be known as Future Sharp Ltd., the project outlay for which is Rs. 58 crore (Rs. 580 million). “Electricians, beauticians, technicians and others will be trained through this partnership,” said Mr. Muralidhar Rao, Chief Executive Officer, Future Learning.
“We want to put hard skills right on top. A young skilled carpenter looking for a bride should be an impressive matrimonial advertisement,” said Mr. Dilip Chenoy, Managing Director and Chief Executive Officer, NSDC.
In the JV, NSDC will put in Rs. 43.4 crore (Rs. 434 million), of which Rs. 38 crore (Rs. 380 million) is the loan component, Rs. 5.4 crore (Rs. 54 million) equity component; Future will invest Rs. 14.6 crore (Rs. 146 million), according to a spokesperson.
Meanwhile, NSDC held its board meeting on Friday morning where two sector skill councils were cleared – BFSI (Banking, Financial, Services and Insurance) and healthcare. Till date, NSDC has cleared 34 projects and eight sector skill councils, added Mr. Chenoy. NSDC has also lined up a tie-up with TVS to be announced soon, according to sources.
Source: The Hindu Business Line, October 1, 2011
Prometric drops NIIT as delivery partner for CAT 2010
After its first attempt to hold the Common Admission Test (CAT) for admission into the prestigious Indian Institutes of Management (IIMs) in computer-based format was marred by glitches last year, American firm Prometric has dropped NIIT as the delivery partner and chosen two new service providers for the job. Prometric attributed the decision to NIIT’s inability to participate in the computer-based test this time. “Conflicting business priorities at this time may have compelled them not to participate in CAT 2010. NIIT continues to partner with Prometric in other computer-based examinations”, Soumitra Roy, MD, Prometric, India, told PTI to a question on why Prometric and NIIT are not partnering for CAT 2010.
The IIMs had last year given the contract to Prometric to hold the CAT through computers. The American firm had announced to conduct the test over ten days period at different centres with NIIT as its delivery partner. However, the exam was affected from the day one as students faced myriad of technical problems, forcing the firm to reschedule the exams for thousands of affected students.
Though it continued to retain the contract for holding the test this year, Prometric dropped NIIT as its delivery partner. The firm today announced that it has selected MeritTrac Services Pvt. Ltd and Everonn Education Ltd its delivery partners for the CAT 2010, which would be held in coming November. “Both partners were selected after a thorough evaluation process based on their responses to our request for proposal”, the firm said in a statement.
MeritTrac and Everonn bring with them competency in testing logistics and manpower, thereby providing good synergy with Prometric, it said. “They will work closely with us for the preparation of testing venues, as well as the administration of the CAT 2010. In addition to tightening the processes for site readiness and training, Prometric will also be implementing a longer test site preparation period”, the statement added.
Source: The Economic Times, August 6, 2010
Prometric drops NIIT as delivery partner for CAT 2010
After its first attempt to hold the Common Admission Test (CAT) for admission into the prestigious Indian Institutes of Management (IIMs) in computer-based format was marred by glitches last year, American firm Prometric has dropped NIIT as the delivery partner and chosen two new service providers for the job. Prometric attributed the decision to NIIT’s inability to participate in the computer-based test this time. “Conflicting business priorities at this time may have compelled them not to participate in CAT 2010. NIIT continues to partner with Prometric in other computer-based examinations”, Soumitra Roy, MD, Prometric, India, told PTI to a question on why Prometric and NIIT are not partnering for CAT 2010.
The IIMs had last year given the contract to Prometric to hold the CAT through computers. The American firm had announced to conduct the test over ten days period at different centres with NIIT as its delivery partner. However, the exam was affected from the day one as students faced myriad of technical problems, forcing the firm to reschedule the exams for thousands of affected students.
Though it continued to retain the contract for holding the test this year, Prometric dropped NIIT as its delivery partner. The firm today announced that it has selected MeritTrac Services Pvt. Ltd and Everonn Education Ltd its delivery partners for the CAT 2010, which would be held in coming November. “Both partners were selected after a thorough evaluation process based on their responses to our request for proposal”, the firm said in a statement.
MeritTrac and Everonn bring with them competency in testing logistics and manpower, thereby providing good synergy with Prometric, it said. “They will work closely with us for the preparation of testing venues, as well as the administration of the CAT 2010. In addition to tightening the processes for site readiness and training, Prometric will also be implementing a longer test site preparation period”, the statement added.
Source: The Economic Times, August 6, 2010
Microsoft partners NIIT, IISc, others for cloud computing platform
Software giant Microsoft today said IT firms NIIT, Cognizant and CDC Software, and Indian Institute of Science (IISc) will build solutions and train manpower based on its cloud computing platform, Windows Azure. Cloud computing refers Internet-based computing, where applications and software are accessed over the Internet, which results in reduced IT costs. Microsoft has partnered with IT training firm NIIT, which will train over one lakh students on Windows Azure over the next three years. IT firm Cognizant, on the other hand, will develop solutions based on Azure to help its clients implement, migrate and manage their applications on the cloud.
“India will not only see a surge in consumption of cloud services, driving growth in domestic IT usage, but companies all over the world will look to India to support their transition to cloud computing,” Microsoft CEO Steve Ballmer said. According to a study by research firm Zinnov, the global cloud computing market is expected to cross USD 70 billion by 2015. As a result of the growing demand for independent software vendors, developers and system integrators, an additional three lakh jobs related to cloud services are estimated to be created in India over the next five years. Over 4,000 applications have already been built on the Windows Azure platform by India.
Companies like Wipro, Infosys, TCS, HCL Technologies and Mahindra Satyam are already building applications and solutions across verticals ranging from healthcare, banking to manufacturing for local and global markets. CDC Software, an enterprise software and services applications provider, also announced the global roll out of its flagship product ‘CDC Respond’ (a complaint and feedback management application for banking and government sectors) on the Windows Azure platform. IISc, Bangalore, is building a large-scale application on Windows Azure to study the basic resource allocation constructs and strategies required for addressing enterprise needs on the cloud.
Source: The Economic Times, May 28, 2010
Microsoft partners NIIT, IISc, others for cloud computing platform
Software giant Microsoft today said IT firms NIIT, Cognizant and CDC Software, and Indian Institute of Science (IISc) will build solutions and train manpower based on its cloud computing platform, Windows Azure. Cloud computing refers Internet-based computing, where applications and software are accessed over the Internet, which results in reduced IT costs. Microsoft has partnered with IT training firm NIIT, which will train over one lakh students on Windows Azure over the next three years. IT firm Cognizant, on the other hand, will develop solutions based on Azure to help its clients implement, migrate and manage their applications on the cloud.
“India will not only see a surge in consumption of cloud services, driving growth in domestic IT usage, but companies all over the world will look to India to support their transition to cloud computing,” Microsoft CEO Steve Ballmer said. According to a study by research firm Zinnov, the global cloud computing market is expected to cross USD 70 billion by 2015. As a result of the growing demand for independent software vendors, developers and system integrators, an additional three lakh jobs related to cloud services are estimated to be created in India over the next five years. Over 4,000 applications have already been built on the Windows Azure platform by India.
Companies like Wipro, Infosys, TCS, HCL Technologies and Mahindra Satyam are already building applications and solutions across verticals ranging from healthcare, banking to manufacturing for local and global markets. CDC Software, an enterprise software and services applications provider, also announced the global roll out of its flagship product ‘CDC Respond’ (a complaint and feedback management application for banking and government sectors) on the Windows Azure platform. IISc, Bangalore, is building a large-scale application on Windows Azure to study the basic resource allocation constructs and strategies required for addressing enterprise needs on the cloud.
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