Latest news with #TheWorldEconomicForum
Business Standard
06-05-2025
- Business
- Business Standard
Trainocate Highlights the Value of Training and Certification in the age of AI, Cloud Migration, and Modernization
PRNewswire Mumbai (Maharashtra) [India], May 6: As businesses undergo significant transformation in response to the rapidly evolving digital landscape, the demand for skilled professionals in artificial intelligence (AI), cloud migration, and modernization has reached new heights. With organizations accelerating their digital transformation efforts, the need for a workforce equipped with the right skills has become more critical than ever. But the big question remains: Are workforces ready to adapt? The Future of Jobs Report 2025 by The World Economic Forum highlights that 85% of companies believe AI will significantly alter the demand for skills in the coming years. The study also emphasizes that technological skills are projected to grow in importance more rapidly than any other category in the next five years. As businesses integrate AI and modernize their IT infrastructure, bridging the growing digital skills gap has become essential. To capitalize on these opportunities, organizations must invest in continuous learning, IT training and certification to equip their workforce to effectively navigate and leverage AI and cloud technologies. Trainocate recognizes that staying ahead in the AI and cloud-driven era requires a strategic focus on continuous learning and upskilling. By equipping teams with the necessary skills, businesses can empower their workforce to drive innovation, enhance agility, and remain competitive in an increasingly digital world. Experiential Learning: Beyond Traditional Training To address the growing skills gap and industry demands, Trainocate has introduced its Experiential Learning methodology--an approach that goes beyond traditional digital or instructor-led training (ILT). This hands-on, scenario-based format immerses learners in real industry use cases, live projects, and simulated environments to ensure they gain practical, job-ready experience. With Experiential Learning, professionals are not just trained and certified--they are immediately deployable on critical projects, helping organizations accelerate their cloud and AI transformation journeys with confidence. This methodology empowers learners to: * Gain Practical, Hands-On Experience: Work on industry-relevant scenarios that simulate real-world challenges. * Develop Critical Problem-Solving Skills: Apply theoretical knowledge to business-driven situations. * Ensure Immediate Project Readiness: Reduce ramp-up time and contribute to organizational goals from day one. * Enhance Collaboration and Decision-Making: Work in teams to solve complex, scenario-based assignments that reflect real workplace dynamics. Important Figure: A staggering 72% of CEOs cite the skills gap as a top concern, impacting their ability to innovate and grow. The Growing Importance of Training and Certification With AI reshaping industries and cloud technologies enabling scalability and agility, businesses are increasingly relying on certified professionals who are equipped to lead transformation efforts. Structured training and certification programs empower teams with up-to-date knowledge and practical expertise necessary to: Optimize Cloud Migration: Certified professionals enable seamless transitions to the cloud, minimizing downtime and maximizing system efficiency. Drive AI Integration: Specialized AI training empowers teams to develop and deploy AI models effectively, driving smarter automation and better business intelligence. Enhanced Security Posture: With rising cybersecurity threats, certified experts are critical in protecting sensitive data and ensuring regulatory compliance. Accelerate Digital Modernization: Skilled professionals enable the adoption of modern, cloud-native technologies that foster innovation and improve operational efficiency. Leadership Impact: Organizations with a strong leadership commitment to upskilling are 50% more likely to report significant business growth. Benefits of Training & Upskilling While technological disruption may create anxiety around job displacement, it also creates a massive opportunity for re-skilling. A well-trained workforce ensures adaptability, fuels innovation, and drives competitive advantage. Industry-Leading Training Solutions Trainocate, as a trusted partner of AWS, Microsoft, and Google Cloud, offers comprehensive training solutions designed to meet the real-world demands of enterprises. In a digital-first world, training is no longer just about passing exams--it's about building job-ready, future-proof capabilities. Trainocate's programs span foundational to expert-level certifications, and are built to align with evolving business needs, project scopes, and job roles. From immersive, hands-on labs to tailored enterprise learning paths, every solution is designed to bridge the gap between knowing and doing. The company believes that learning becomes powerful when it leads to action. Certifications validate skills--but real impact comes when those skills drive innovation, efficiency, and growth inside the organization. Partnering for Success Their long-standing collaborations with global tech giants and certification bodies ensure that the training remains aligned with industry standards and innovations. As organizations continue navigating digital transformation, Trainocate stands committed to empowering them with the talent and tools required to thrive. The path to transformation is not defined by technology alone--it's shaped by people. The companies that make learning a strategic priority today will be the ones leading tomorrow. To learn more about Trainocate's training and certification programs, visit For inquiries, you can reach them at cloudacademy@ or +91 9223361686. Logo: Photo:
Time of India
28-04-2025
- Business
- Time of India
The Value of Training and Certification in the Age of AI, Cloud Migration, and Modernization, ETHRWorld
By Vikas Mathur, Vice President, Trainocate India Gain Practical, Hands-On Experience : Work on industry-relevant scenarios that simulate real-world challenges. : Work on industry-relevant scenarios that simulate real-world challenges. Develop Critical Problem-Solving Skills : Apply theoretical knowledge to business-driven situations. : Apply theoretical knowledge to business-driven situations. Ensure Immediate Project Readiness : Reduce ramp-up time and contribute to organizational goals from day one. : Reduce ramp-up time and contribute to organizational goals from day one. Enhance Collaboration and Decision-Making: Work in teams to solve complex, scenario-based assignments that reflect real workplace dynamics. Optimize Cloud Migration: Certified professionals enable seamless transitions to the cloud, minimizing downtime and maximizing system efficiency. Certified professionals enable seamless transitions to the cloud, minimizing downtime and maximizing system efficiency. Drive AI Integration: Specialized AI training empowers teams to develop and deploy AI models effectively, driving smarter automation and better business intelligence. Specialized AI training empowers teams to develop and deploy AI models effectively, driving smarter automation and better business intelligence. Enhanced Security Posture: With rising cybersecurity threats, certified experts are critical in protecting sensitive data and ensuring regulatory compliance. With rising cybersecurity threats, certified experts are critical in protecting sensitive data and ensuring regulatory compliance. Accelerate Digital Modernization: Skilled professionals enable the adoption of modern, cloud-native technologies that foster innovation and improve operational efficiency. Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETHRWorld App Get Realtime updates Save your favourite articles In today's rapidly evolving digital landscape, businesses are undergoing significant transformations driven by artificial intelligence ( AI ), cloud migration , and modernization initiatives. As organizations embrace these technological advancements, the demand for skilled professionals who can effectively navigate and implement these solutions has never been the big question remains: Is your workforce ready to adapt?A growing focus on continuous learning, IT training upskilling , and reskilling programs has enabled companies to better anticipate and manage future skill requirements. As highlighted in The Future of Jobs Report 2025 by The World Economic Forum, technological skills are projected to grow in importance more rapidly than any other category in the coming five to the study, 85% of companies believe that AI will create more jobs than it eliminates by 2025, but only 40% feel their workforce is adequately Trainocate, we recognize that staying ahead in the AI and cloud-driven era requires a strategic focus on continuous learning and upskilling. The value of training and certification goes beyond individual career growth—it directly impacts an organization's ability to innovate, stay competitive, and achieve long-term address the growing skills gap and industry demands, Trainocate has introduced its Experiential Learning methodology—an approach that goes beyond traditional digital or instructor-led training (ILT). This hands-on, scenario-based format immerses learners in real industry use cases, live projects, and simulated environments to ensure they gain practical, job-ready Experiential Learning, professionals are not just trained and certified—they are immediately deployable on critical projects, helping organizations accelerate their cloud and AI transformation journeys with methodology empowers learners to:A staggering 72% of CEOs cite the skills gap as a top concern, impacting their ability to innovate and AI reshaping industries and cloud technologies enabling scalability and agility, businesses are increasingly relying on certified professionals who are equipped to lead transformation efforts. Structured training and certification programs empower teams with up-to-date knowledge and practical expertise necessary to:Organizations with a strong leadership commitment to upskilling are 50% more likely to report significant business technological disruption may create anxiety around job displacement, it also creates a massive opportunity for re-skilling. A well-trained workforce ensures adaptability, fuels innovation, and drives competitive as a trusted partner of AWS, Microsoft, and Google Cloud, offers comprehensive training solutions designed to meet the real-world demands of enterprises. In a digital-first world, training is no longer just about passing exams—it's about building job-ready, future-proof programs span foundational to expert-level certifications, and are built to align with evolving business needs, project scopes, and job roles. From immersive, hands-on labs to tailored enterprise learning paths, every solution is designed to bridge the gap between knowing and Trainocate, we believe that learning becomes powerful when it leads to action. Certifications validate skills—but real impact comes when those skills drive innovation, efficiency, and growth inside the long-standing collaborations with global tech giants and certification bodies ensure that our training remains aligned with industry standards and innovations. As organizations continue navigating digital transformation, we stand committed to empowering them with the talent and tools required to path to transformation is not defined by technology alone—it's shaped by people. The companies that make learning a strategic priority today will be the ones leading Mathur is a Vice President at Trainocate India. With over two decades of experience in the technology training sector, he is an advocate of lifelong learning and passionate about helping organizations build skilled workforces equipped for the future of learn more about Trainocate's training and certification programs, visit For inquiries, you can reach them at cloudacademy@ or +91 9223361686.
Zawya
18-02-2025
- Business
- Zawya
Sommet Education Business Solutions revamps talent development models
The World Economic Forum's Future of Jobs Report 2024 estimates that by 2028, 44% of core skills will need to change due to emerging technologies and market demands. A 2024 report from LinkedIn Learning found that 79% of professionals believe continuous learning is critical for career growth, up from 64% in 2020. A 2024 Sommet Education European survey reveals that ongoing education is crucial in hospitality, with 30% of young professionals valuing personal growth opportunities and 29% prioritizing professional development Around 300-400k of managements roles are expected to be created by 2030 in the hotel sector itself Dubai: Sommet Education, a highly recognized world leader in hospitality, luxury, and gastronomic education and training, is thrilled to announce the launch of its training solutions for businesses. Companies can now leverage a suite of bespoke trainings and leadership development solutions powered by the world's elite hospitality institutions—Glion Institute of Higher Education, Les Roches, École Ducasse, Indian School of Hospitality and Invictus Education —to unlock the potential of their in-house talents. Sommet Education Business Solutions taps into the rich expertise of Sommet Education's renowned academic institutions, celebrated for shaping generations of hospitality leaders delivering memorable customer experiences through flawless service and highly refined skills. The package of support relies on unique hospitality skills, such as customer service, problem-solving, and effective communication, which are highly transferable and valuable and brings it across a wide range of industries, including retail, healthcare, and corporate environments. It also harnesses the expertise of the unique network of 300 educators, including PhD-holding professors, world-champion chefs as well as seasoned industry practitioners and entrepreneurs drawn from the very successful and influential alumni community. Benoît-Etienne Domenget, CEO of Sommet Education, shared: 'Leveraging our world-class educational institutions to enhance corporate talent development models is a strategic evolution. By integrating foundational with lifelong learning, we provide a holistic solution that empowers businesses and their teams to thrive in an ever-evolving industry landscape.' Laurent Kleitman, CEO Mandarin Oriental, the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residence led the way by signing a global alliance with Sommet Education focusing on three core objectives: Enriching the school's student learning experience, creating opportunities for high-potential individuals from underserved communities and empowering colleague development with bespoke training initiatives that enhance both vocational and managerial skills. He stated: 'The next generation of talent is a vital force in shaping the future of luxury hospitality. They bring fresh perspectives, set new benchmarks and contribute to the continued evolution of Mandarin Oriental's legendary service. They add new depth to the story of our brand. Our collaboration with Sommet Education is dedicated to empowering future hospitality leaders through targeted education, immersive training and a close partnership with the schools under Sommet's Education umbrella.' Sommet Education Business Solutions works closely with businesses to deliver customized training experiences. The suite of services which comprises bespoke, ready-made and executive training solutions, can be delivered across the world, on over 20 campuses, on-client premises, online or a mix of all. Adrian Artimov, Enrolment Vice-President at Sommet Education is leading the unit: 'This professional development offer has been part of our DNA for some time and is not a new business venture. Rather, it is the result of a growing demand from companies focusing on human capital that we have now chosen to structure as a key pillar of our activity, leveraging the unparalleled expertise from our network of highly ranked academic institutions." Key talent development solutions include: Hospitality Leadership Fast-Track General Managers Hospitality Immersion Innovating food and beverage operations Mastering the Art of Luxury Customer Experience Sustainable Tourism and Destination Management Innovation and Entrepreneurship. From Idea to Business Model Sommet Education has supported organizations such as Accor and Saudi Arabia's Ministry of Tourism, delivering high-impact training programs that address diverse needs. Feedback highlights the quality and tangible outcomes of these initiatives. For instance, representatives from the Ministry of Tourism emphasized the strategic value of these training solutions in building capabilities for future industry growth. Daniela Cassini has been appointed as the Global Head of Business Solutions. She brings a wealth of experience in global training and development, having successfully led initiatives across multiple industries. Her leadership aims to strengthen Sommet Education's role as a trusted partner for talent development. 'Bridging talent gaps and implementing validated training solutions is a powerful strategy for businesses aiming towards sustainable growth, especially when it incorporates emotional intelligence and laser-focused skills development to ensure resilience, productivity and innovation within the organizational culture.' Florent Varanne, Head of Development, Business Solutions stated: "In today's fast-paced and evolving industries, investing in talent development isn't just a strategy—it's a necessity. Sommet Education Business Solutions combines our heritage of excellence in hospitality and luxury education with cutting-edge approaches to leadership and skill development, ensuring businesses stay ahead of the curve. Together, we can redefine professional growth and deliver exceptional results that resonate across industries."
The Independent
05-02-2025
- Business
- The Independent
Trump wants US oil producers to ‘drill, baby, drill.' They're not interested: Report
Donald Trump's mantra during his campaign for the presidency to the American public and U.S. oil producers was: 'Drill, baby, drill.' One key problem? Oil producers aren't interested. That's the conclusion of industry experts, who point out that oil producers are wooed far more by profitability than in pumping as much oil as possible out of the ground. Too much oil lowers prices and burns up profitability, even though it might make consumers happy. American shale firms are already pumping historic amounts of oil. And there's a supply glut in the global market. "As crude prices come down, we expect the industry revenues to go down and profits to go down," ExxonMobile CEO Darren Woods told CNBC last week. Oil tycoons who flocked to support Trump want him to drop all barriers and go after alternative energy, but they also worry about an over supply of oil. 'Our stocks will be absolutely crushed if we start growing our production the way Trump is talking about it,' Bryan Sheffield, a Texas oilman who contributed more than $1 million to Trump's latest campaign, told The Wall Street Journal. American producers aren't looking now to boost supply, and likely won't be enticed to 'drill, baby drill' until prices reach an average $84 per barrel, which is close to 15 percent above current prices, according to the Kansas City Federal Reserve. U.S. crude prices fell close to an additional 2 percent on Tuesday as U.S. tariffs on China took effect and China imposed a 10 percent tax on American crude oil. But Trump is nevertheless looking to lower prices. After a phone call last month with Saudi Crown Prince Mohammed bin Salman he said that he planned to ask him to lower oil prices. The president called on all OPEC countries to do the same in a recent speech at The World Economic Forum at Davos. Trump argued that it would put pressure on Russia to withdraw from Ukraine as its income from oil would sink amid the dropping prices, making the war too expensive. But that's not likely to happen, according to Business Insider, and wouldn't please American producers who would also have to compete with lower prices. OPEC members have held back output in the past two years to increase market prices amid oil's price slide, but is expected to gradually roll back production curbs. Whatever OPEC does, analysts expect a major supply glut to weigh down prices through 2025, according to the Insider.
