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Tata Technologies foresees tremendous growth in online training business
TT Correspondent |  |  02 Feb 2012

Tata Technologies, a global leader in Engineering Services Outsourcing (ESO), Enterprise Solutions services, and Product Lifecycle Management (PLM) has aggressive plans to market i GET IT, the online self-paced training solution for engineers, in India. The company expects to grow revenues by over 100% over in the FY-13.

 

Going by Industry trends, over 40% of employee training is conducted using eLearning methods in 2010.

 

“In the US, most Fortune 500 companies already have a corporate Learning Management System (LMS) and the average spend per employee on training a year is $600-$1,200 (13-16 Training Hours). With more and more of auto majors setting up base in India, we expect the demand for i GET IT, the online self-paced training solution for engineers, to grow at a fast pace”, said Dan Miles, Vice President iProducts from Tata Technologies.

 

Some of the key factors that have led to growth in the demand for online training solutions can be attributed to the professionals being either too busy, inability to leave the office for several days and attend regular courses for advanced trainings.

 

The increasing demand for local talent has lead to engineering colleges and institutions leaving no stone unturned to sharpen the skills of their students with the very latest course material, whether through text books or online training courses.

 

“Most countries are facing limited resources and stretched budgets. While traditional textbooks are often not engaging and are outdated, i GET IT , online Learning Management System (LMS) provides access to the same online learning content that the world’s leading manufacturing companies like Boeing, General Electric, and Ford Motor Company use themselves. This program provides students with knowledge on the leading engineering software tools to enhance their job marketability and extend their current curriculum”, said Commenting on this, Wishwas Julka.

    
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02 Feb 2012(IST)  
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