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Software product firms hit by dearth of quality talent

• By People Matters

The nascent software products industry in the country still finds it difficult to recruit the right kind of talent. An ET report highlights the syllabus mismatch as a reason for this as syllabus at colleges suits services industry.

As the Rs 6.2 lakh crore information technology industry seeks to chart a new course by fostering software product companies, there is growing realisation that the talent available - though competent for the services segment - is not really suitable for product companies. According to Aspiring Minds, an employability assessment firm, only 2.3% of engineers passing out of colleges are employable in the software product industry. This number hovers around 17% for software services industry.

Read the complete report here