Here is my take on the video 1) Example of Mohit Joshi was valid but for the wrong reasons. The reason people like him are wanted is cause they have contacts and can help get business. It has less to do with the industry business process flow and more to do with how to get clients in the industry 2) Hard core consulting firms like the big 4 are already deploying AI to replace domain knowledge. The way that works is it takes confidential documents of companies and publically available knowledge and gives answers. To the extent that it will list out processes in a jiffy. So for a solution provider these things get available with little to no industry knowledge. So domain knowledge is already loosing its sheen, it was important a decade ago... not now as much
Lay off may stop but the negative environments like professional jealousy lack of organized work playing sympathy cards cornering hardworking employees will definitely continue in indian IT environment
I have extensive experience in chemical manufacturing, retail and health-care. But no one asks me on these domain knowledges in interview board. They ask " have you worked on azure data factory", "AWS glue" and so on. They do not realizes that these tools can be aquired in no time for a 26 years of experience person. But still. I am layoffed for last 3 months. Even with so much technical experience, it is hard to find a job.
Its because of your age...Pvt genz coroporte jobs are only for younger ones...I work in one of the most leading US Staffing company and all employees their are young (
@@S1KrrSoCal I have done freelancing too. Too much competition. I generally do high value freelancing. Now a days due to too much competition it is tough to get proper value.
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Hi Pavan, I have a choice to work on supply chain(demand forecasting, inventory optimization, etc) or finance(credit score, insurance) domain in data science field. Which from the above two domain will have more future opportunities in terms of monetory and jobs perspective?
Hi Pavan, Yes, our organization providing me a very deep industry knowledge. In fact our senior leaders in say that "Domain knowledge is the key component of a company and you cannot replace it"
I've been working as a developer in the Insurance industry and yes, we are taught industry knowledge and get to take industry training for free from within the company.
Since I am in testing with 12 years experience and most of my experience was with telecom ,insurance, and Health, later Retail and Investment banking i have got the chance to attend telecome 101 and Insurance 101 as part of industry experience.
By the time an IT professional hits mid 30s, he/ she must have a working domain knowledge of at least 2 vertical and one service horizontal along with bringing in expert level deep domain knowledge of at least 1 service vertical or horizontal on the table. This isn't easy but isn't all that difficult either provide one is absolutely focused on the objective. One may find or get relevant opportunities to work in these vertical(s) and horizontal(s) or would have to actively seek such opportunities within the organisation or outside. This greatly helps in crafting out a clearly well defined career path for the next 7-10 years where the person gets to hone organisational expertise and become more of a high-value strategic resource rather than remaining just another drop in the sea of tactical white collar workers.
@@sahanakumar8314The response to this question is a vast topic in itself and a whole book can be written on this topic alone but I'll try explaining briefly. Industry verticals are basically the broad categories of businesses bucketised into a group; e.g. BFSI is a vertical which contains all companies that are in the Banking, Financial Services, and Insurance space so that's a vertical. Industry horizontals are basically service lines which run across industry verticals. In simpler words, these are services which are required in all businesses; e.g. HRMS which is basically solution catering to managing HR services of an organisation. HR as a business function runs across all industry verticals or is present/ required in all different types of companies, be it a manufacturing company, a technology company, or a retail enterprise. The tech architecture or solutions must keep in mind the industry vertical a business operates in since different verticals or categories of businesses would work very differently and would have different use case and customer touchpoints. Solution or the tech architecture is the key driver and supporter of workflows and touchpoints in an organisation and hence, it needs to be tailored to not only drive efficiency, accuracy and lower costs but also drive ease of adoption, drive engagement, and allow for future transformation.
Not really in structural way, It would be like it would " Earlier you supported retail chain project you next preference or nominated on similar lines that way get to learn domain, So far i got to into Retail/BFSI/Auto , Expectation is how the whole domain works are most tools/way of work match with 10- 20% differences.
I have done my B. Tech in Civil Engineering in 2020 so which industry should I go for now IT/Finance & Mgmt or Construction as I have the domain knowledge but I don't have any interest in Civil Engineering as it is slow and Not High Paying?
What ! - how can you even compare industry experience for a CEO candidate with tech stack of a software engineer. Who is this video targeted at? Giving an example of CEO candidate does not seem to be the right argument here
Hi ..pls Do a video on your journey and explain everything clearly how you did step by step and connected your journey and how to analyse a company and its sources..it May help lot of people
Hi Pavan, good video!! I have one question which is unrelated to the video. Most of my clients are from United States therefore I have work life imbalance. If I think of going for masters, there are three major show stoppers. 1. Masters in CS/data is academic oriented and less on industry skills (As per friends suggestion). 2. I know a lot of people personally who has done masters and returned to India because of H1B issues. 2. Tuition fee now a days in USA has grown by atleast 10-12 percent (not throwing random numbers) in comparison to pre covid time. Is there any way to work in USA without having a masters?
I work for a Car Wash company based out of USA but from India. I earn about 80k USD and my boss and my CFO keeps imparting the industry knowledge. FYI, I’m a hardcore tech guy who chose to take irrational bets unlike most FAANG enthusiasts ( Naval fan here)
Hai sir iam from hyderbad, I graduated from b pharmacy recently with an average profile can I get into mckinsey with b pharma graduate by doing mba or should I think any other option to get into mckinsey
These youtubers with zero knowledge about any tech things will easily lay a caption with 'layoff ' and gain views.layoffs are far better than listening to this stupid lectures
Vignesh, listen and then comment. How do you know - I have zero knowledge. Mind your words. If you want to pass on some loose comments - this is not the right place.
"These youtubers with zero knowledge". I was being kind enough and termed this as "loose"! Show it to any elderly figure in your family and ask them how they would feel about this comment.@@vigneshradhakrishna6548
