Sector Spotlight: The Role of IT Training Companies in Addressing Skill Gaps

The IT training services industry plays an important role, equipping professionals with required skills in the fast-changing technology landscape. Companies are stepping up to fill growing demand for skilled talent amid the needs of the industry, such as NIIT Ltd, Vinsys IT Services, Compucom Software, and Jetking Infotrain. This firm offers a variety of solutions in training that range from corporate training to specialized skill development for both individuals looking to close the skill gaps and organizations trying to move with the changing market trend.

Photo by panumas nikhomkhai on pexels.com

NIIT Ltd
NIIT Ltd is one of the top names in skill and talent development, based in Gurgaon, and has a market cap of ₹2,230 crores .Last year, the share of the company paid a return of 39% with a P/E ratio of 49.97. The consolidated revenue for FY24 was Rs1553 crores. NIIT helps individuals, enterprises and organization to solve issues related to human resources. Its training helps IT professionals acquire skills to meet industrial demands.

Vinsys IT Services India Ltd
Incorporated in the year 2008, Vinsys IT Services India Ltd was established in 1998 and boasts a market cap of ₹580.7 crores and has a current share price of ₹395. Vinsys has specialization in IT training, skill development, and certification in a few domains. For FY2024, Vinsys’s revenue stood at ₹171.62 crores. Vinsys has a large client base of individuals and companies through targeted programs and reinforces its role as an important contributor to IT skill development.

Compucom Software Ltd
Another major market player, Compucom Software Ltd is with a market cap of ₹232 crores with LTP being ₹29.3. The company has managed to fetch 38.9% in the last year and the revenues are already collected for FY2024, which stood at ₹67.5 crores. With more than 500 employees, it provides training solutions in IT and software development, a name that resonates well with the IT education sector.

Jetking Infotrain Ltd.
It is a known name in computer networking training, mainly in training both technical and non-technical students, founded in 1949 and based in Mumbai.With a market cap of ₹38 crores and with a current share price of ₹64.5, Jetking has delivered over 35% return in the last one year. The reputation it developed within the IT industry, mainly in networking training, is sure to stay firm while it faces new challenges in IT education.

The IT training services sector will continue to grow further with the help of companies like NIIT, Vinsys, Compucom, and Jetking. As these companies focus on talent development and specific programs, they are well positioned to help with the ongoing growth of skilled professionals in the sector.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

Tomorrow 4th Nov is celebrated as National Candy Day!


As  stated in Bhagavad Gita :

सर्वस्य चाहं हृदि सन्निविष्टो मत्तः स्मृतिरज्ञानमपोहनं च।
विद्याऽविद्याऽस्मिन लोके सर्वं च मयि सन्निधौ।


I am seated in everyone’s heart, and from me come remembrance, knowledge, and forgetfulness.

Photo by Prashanth U on pexels.com


INBAM FOUNDATIONS:

This Diwali, Inbam Foundation spread light and joy by donating essentials to those in need. Their generous act reminds us that true celebration lies in sharing kindness and hope with the less fortunate.


Feedback

comment