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Business Times
2 days ago
- Business
- Business Times
Singapore ranks among top cities for tech talent as AI job listings surge globally: report
[SINGAPORE] Singapore has emerged as a top contender in the global tech talent race, tying for fourth place in a global talent acquisition ranking, according to a report released on Wednesday (Jul 9). It tied for fourth place alongside Mumbai and Chennai – and is the only non-Indian city in the top five, indicated the report by Colliers, a global professional services and investment management company. 'Singapore is the only non-Indian market in the top five, driven by strong one-year hiring and a high volume of open job posts, signalling a concentrated effort to hire for the 10 key tech occupations,' Colliers said. Colliers said that the talent acquisition category provides insight into the markets that are currently driving job posts and recruiting activity, reflecting the global demand for tech talent. In a separate one-year hiring index, Singapore ranks eighth globally, reflecting sustained but slightly lower short-term hiring momentum compared with Indian counterparts. Its strong showing was attributed to robust one-year hiring activity and a high volume of open job postings across key technology roles – including in fast-growing areas like artificial intelligence (AI). A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up Singapore ranked alongside heavyweights such as Beijing, Bengaluru and Tokyo. Other Asia-Pacific markets on the rise include Seoul and Sydney, both of which have seen increased demand for AI and cybersecurity talent. Mike Davis, Colliers' managing director of occupier services for Apac, said: 'Apac is drawing significant global attention for its unmatched tech talent density and strong venture capital momentum, particularly in India and China.' The report assessed more than 200 global markets based on these factors: talent acquisition and pipeline, venture capital funding, labour index strength and sector composition. The results underscore a widening polarisation in global tech talent – with the United States, China and India accounting for a disproportionate share of top-performing markets, the report indicated. The San Francisco Bay Area, Seattle and New York City secured three of the top five spots globally, reinforcing the US' leadership in innovation and tech workforce. Meanwhile, India and China each had five cities in the global top 50, highlighting their growing influence in digital economy growth, according to the report. Notably, 36 per cent of the world's tech talent now resides in just 10 global tech cities. 'Global tech talent is becoming increasingly concentrated in a few key hubs, with cities in the US and India leading the way. Although 22 countries have cities ranked in our top 50, the data points to a growing polarisation – especially in AI talent – towards these dominant markets,' Colliers said. India continues to cement its status as a global tech talent powerhouse, holding four of the top five spots in talent acquisition and having all six of its featured cities within the top ten. Bengaluru leads the pack. 'The proportion of younger workers in the tech sector continues to rise. Between 2014 and 2022, the number of employees under 25 grew by 9 per cent – a rate over 20 times the all-industry average. This trend is shifting attention to cities with younger talent pools, such as Bengaluru, Hyderabad and Mexico City,' the report indicated. 'Bengaluru boasts the world's largest pool of data scientists, while Beijing leads the region in tech sector productivity. Meanwhile, cities such as Tokyo, Seoul, Sydney and Singapore are emerging as world-class innovation hubs. These markets aren't just supporting global tech expansion – they're leading it,' it added. AI shakes up talent strategy One of the most significant shifts highlighted in the report is the soaring demand for AI-related expertise. Globally, job listings that require AI skills have surged, while traditional IT postings have declined. Citing recent research by the University of Maryland, the report said the number of new AI job listings have risen 68 per cent since ChatGPT launched in late 2022. By contrast, the number of traditional IT job postings fell 27 per cent in the same period. This is putting cities with strong AI ecosystems – such as Bengaluru, New York and Sao Paulo – in the spotlight for employers. odie Poirier, the president of Colliers' occupier services for the Americas, said: 'As generative AI reshapes talent strategies, we're seeing a significant shift in how companies prioritise location decisions.' 'In the Americas, tech talent hubs like San Francisco and New York remain vital, but markets like Mexico City and Sao Paulo are quickly gaining ground. Organisations need to move fast, make data-informed choices, and align workforce planning with long-term business goals,' she added. Competition for data scientists, information security analysts Competition for data scientists is 'particularly strong,' said Colliers, noting that they are 'critical' to the AI industry, as they develop models that turn large amounts of data into insights and patterns. Demand for data scientists is expected to grow by 36 per cent through 2032 – the highest rate of any tech jobs, it added. 'Interestingly, our research finds that regional hubs of data scientists are emerging in response to increased hiring demand – driven by the need to support large language models and broader AI integration efforts,' the report indicated. It said Bengaluru has the world's largest pool of data scientists, including the biggest workforce in the Apac region. In the Americas, the San Francisco Bay Area and New York City lead, while London and Paris offer the highest concentrations of data science talent in the Europe, the Middle East and Africa region. Another role is also emerging: information security analysts. Demand for this role is 'skyrocketing' with demand jumping 33 per cent, according to the report. The cybersecurity workforce gap grew by 19.1 per cent from 2023 to 2024, said the report, citing data from ISC2, a cybersecurity professional association.
Vancouver Sun
6 days ago
- Vancouver Sun
Man conceived at B.C. residential school and his dad sue Anglican Church
A 56-year-old adopted B.C. man, who tracked down his biological father two years ago, discovered he had been born as a result of sexual assault at a residential school in Alert Bay. Now he and his father, 72, are suing the Anglican Church for damages, including for the son's loss of knowledge of his Indigenous heritage and decades of federal benefits, according to a lawsuit in B.C. Supreme Court. The case dates back to 1968, when the father — Postmedia is not naming the plaintiffs because of its policy of not naming victims of sexual assault — was sexually assaulted at St. Michael's Indian Residential School by Jane Peacock, a church employee whose job it was to supervise the children, when he was 14, according to the lawsuit. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. He sued the church in 2006 for sexual assault and the case was settled in 2008, it said. He didn't find out until 2023 that he fathered a son by Peacock, a child she gave up for adoption to a non-Indigenous family, the lawsuit said. His son found him and 'this reunion was traumatic for both' because the father had no idea he had a son, 'who was taken away from him, his own family, his own community and his heritage,' it said. The loss of his biological son was a 'further psychological trauma' for him, and meeting his son reopened the trauma from the sexual assault, it said. The son learned that he was 'born from the rape of his father and that his mother was the perpetrator,' a revelation that compounded the 'trauma from being adopted by a non-Indian family,' said the lawsuit. The two men approached the church earlier this year to 'see what steps would be taken to assist them with their traumas and to offer them compensation,' it said. The church said the settlement signed by the father in 2008 'completely absolved the defendants of any liability,' according to the lawsuit. The men said they filed the lawsuit to 'seek closure and healing' and that 'reconciliation in an continuing process' shouldn't be 'reduced to a hollow promise made by the defendants.' Besides the Anglican Church, the attorney general of Canada is named as a defendant because the school was 'jointly developed and implemented' by both, it said. The father, who attended St. Michael's from 1963 to 1968, is an elder and member of a First Nation in B.C., which his son has also recently joined, according to the lawsuit. But the son was unable to register as a status Indian before now because the defendants did not disclose to him his biological father was a status Indian and he therefore lost 'significant benefits,' including income and excise tax exemptions, housing, health and education benefits and band payments, it said. He lost the chance to learn his language and his culture, a 'significant personal loss,' said the lawsuit. The Anglican Church between 1929 and 1975 operated St. Michael's on behalf of the federal government, it said. 'Ms. Peacock breached her fiduciary duties by sexually assaulting the (father) by forcing him to have sexual intercourse with her while he was only 14 years old,' it said. The case was settled out of court and the father signed the settlement, it said. But he didn't know he had fathered a son, so the settlement doesn't preclude him from suing the church in this case, the lawsuit argues. After the release of the Truth and Reconciliation Report in 2015, the Anglican Church and the federal government recommitted to advancing reconciliation for victims. 'Despite these repeated promises to advance reconciliation, the defendants have refused to address the harms, damages and claims of the plaintiffs,' the lawsuit said. It said as the result of the sexual assault, both men have sustained psychological and emotional injuries and damages, including PTSD, depression and suicidal thoughts, anxiety, feelings of guilt, self-blame, shame, fear and loneliness, loss of self-esteem and self-worth, diminished ability to trust and form intimate and familial relationships or to deal with social interactions. They're seeking undisclosed damages, including punitive, exemplary and aggravated damages, it said. Messages left with the Anglican Church weren't immediately returned, and neither did the plaintiffs' lawyer return a message.
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Business Standard
7 days ago
- Business
- Business Standard
Six Indian cities rank among Asia-Pacific's top 10 tech talent hubs
Six Indian cities — Bengaluru, Hyderabad, Delhi-NCR, Mumbai, Pune, and Chennai — ranked among the top 10 in the Asia-Pacific for tech talent acquisition, according to Colliers' Global Tech Markets: Top Talent Locations 2025 report. India now stands alongside China and Japan as one of the only three countries to have cities represented in the global top 10 rankings. In the Asia-Pacific rankings, Singapore was the only non-Indian market included in the top five. Taipei, Sydney and Melbourne were also among the top 10 tech talent markets. The study analysed over 200 global markets, assessing factors such as talent availability, venture capital funding, labour market dynamics, and industry maturity. Largest number of data scientists in Bengaluru Indian cities now account for 69 per cent of Asia-Pacific's total tech talent, outpacing other markets in the region. Bengaluru leads with the world's largest concentration of data scientists, followed closely by Hyderabad with its rapidly growing base of under-25 tech professionals. 'India is a powerhouse of tech talent and a key player in the global innovation ecosystem,' said Arpit Mehrotra, managing director of office services in India, Colliers. 'High-quality office space, robust IT infrastructure, and cost competitiveness continue to attract global tech companies.' Tech sector drives office space uptake In the first half of 2025, technology occupiers leased more than 10 million sq ft of Grade-A office space across India's top seven cities, accounting for 40 per cent of total conventional office leasing. Bengaluru and Hyderabad led the absorption, jointly accounting for nearly 50 per cent of the demand. Technology firms were also the leading players in the flex space market, comprising nearly half of all flex leasing activity in H1 2025. GCCs central to India tech office growth The growth of Global Capability Centres (GCCs) is a key pillar of India's tech office story. In the first half of 2025, technology-focused GCCs accounted for 41 per cent of total GCC leasing, amounting to 5.2 million sq ft. Bengaluru, Delhi-NCR, and Hyderabad alone generated over 85 per cent of this demand. 'Tech GCCs in India are steadily evolving from traditional support centres to strategic innovation hubs. As global firms scale and transform, India's cost advantage and talent quality continue to drive sustained GCC expansion,' said Vimal Nadar, national director and head of research at Colliers India. Young workforce drives tech talent growth India's under-25 tech workforce has grown by 9 per cent between 2014 and 2022 — more than 20 times the all-industry average. Bengaluru, Hyderabad and Jakarta are among the top cities benefiting from this youth-driven surge. Top VC markets based in Asia-Pacific The Asia-Pacific region now houses all of the world's top 10 markets for venture capital deal growth, led by China. While China dominates in overall investment volume, India continues to attract significant global interest due to its cost-effective operations, talent scale, and sector depth. 'Asia-Pacific is drawing significant global attention for its unmatched tech talent density and strong venture capital momentum, particularly in India and China,' said Mike Davis, managing director, office services, Asia Pacific at Colliers.
Mint
07-07-2025
- Business
- Mint
Siddharth Pai: India's IT firms have a unique opportunity in AI's trust deficit
Next Story Siddharth Pai Indian IT majors needn't be at the receiving end of an AI revolution. As trust in AI is a big global worry, the use of generative AI under human supervision can generate the assurances that clients need. Domestic software companies are well placed for this. Tier-1 software majors like TCS have woven GenAI into their workflows, emphasizing pilot deployments and internal automation over big-scale consulting mandates. Gift this article Indian IT services firms are confronting a challenge with AI set to decimate their computer programming work. But an interesting vacuum will be created by AI's steady march into computer code: the AI trust crisis. In the words of my colleague Siddharth Shah, 'The AI trust crisis is already here… And no one's talking about the layer that will make or break enterprise deployments,". Indian IT services firms are confronting a challenge with AI set to decimate their computer programming work. But an interesting vacuum will be created by AI's steady march into computer code: the AI trust crisis. In the words of my colleague Siddharth Shah, 'The AI trust crisis is already here… And no one's talking about the layer that will make or break enterprise deployments,". This layer hinges on human oversight, transparency and explainability—precisely the 'trust' dimensions that could turn Generative AI from liability to a lucrative revenue stream for Indian providers. Tier-1 software majors like TCS have woven GenAI into their workflows, emphasizing pilot deployments and internal automation over big-scale consulting mandates. Their strength lies in retraining developers on tools like GitHub Copilot and low-code platforms, automating boilerplate coding while retaining humans in the loop for critical paths. That 'human in the loop' ethos directly addresses one of the central concerns Shah identifies: ensuring systems remain aligned with human intentions. Tier-2 providers such as LTI Mindtree lack TCS's scale, but they shine in agility. Their typical positioning as productivity enhancers rather than code replacers allows them to layer trust-focused oversight atop GenAI output. Without this, many enterprise deployments will stall. By doing so, they offer faster proof of concept to clients anxious about AI accuracy and auditability. When contrasted with non-Indian players like Accenture and IBM, a distinct divergence appears. Accenture has already booked billions of dollars in GenAI projects and IBM is realigning its global consulting structure around AI units. They are aggressively pushing end-to-end AI transformations—including automated code generation pipelines—with less apparent concern for incremental human mediation. But that appetite for scale means they must also invest heavily to close the AI trust deficit. For Indian firms, the trust deficit represents not just a compliance challenge, but a commercial opening. Trust in AI is not merely abstract ethical talk: it is about reliability, explainability and behaviour certification. Shah writes that trust can be assessed 'by looking at the relationship between the functionality of the technology and the intervals of human intervention in the process. That means that the less intervention, the greater the confidence." Yet, in practice, enterprises often demand greater human oversight for sensitive use cases. For Indian providers, whose business model runs on cost-effective human resources, enabling that oversight at scale can be a strategic differentiator. They invested heavily in the past in automation for IT infrastructure and business process operations. Their automation playbooks now form the backbone of GenAI's enterprise strategies. Firms often train developers in prompt engineering and validation alongside generative code output. Human reviewers validate, correct and certify code before deployment, creating an audit trail. This aligns with the thesis that to build trust, you must create human-mediated checkpoints that govern AI behaviour. Relationships with hyperscalers remain robust: Tier-1 providers co-engineer GenAI offerings with Azure, AWS and Google Cloud, hosting models on hyperscaler infrastructure rather than building vast data centres. Tier-2 firms integrate with hyperscalers or Indian startup cloud platforms. In contexts where sovereignty and residency matter, Indian providers partner with startups to offer managed GenAI tools within India. Domestic hosting also helps build trust, particularly with regulators. Also Read: AI didn't take the job. It changed what the job is. Indian firms collaborate with niche startup AI vendors for explainability tools, code‑lineage trackers and behaviour‑audit platforms. They are building or buying tooling to surface provenance, metrics and error‑diagnosis alongside code generation modules. In contrast, non-Indian service providers tend to sell large-scale generative code deployments as transformational consulting journeys. Indian firms can undercut on price while building trust layer offerings that rely on domestic teams and documentation. The trust deficit thus could become a money-spinner for Indian IT services. As organizations grapple with AI bias, hallucinations and a lack of transparency, demand will grow for human-mediated code generation services. Human reviewers need to monitor, validate and correct AI-generated code. The 'human in the loop' thus becomes not only a safety net, but a commercial lever. However, one size does not fit all. Tier-1 Indian players should continue embedding trust‑layer capabilities into their GenAI practice by building specialized AI governance units, collaborating with domestic 'explainability' startups, and quantifying trust-related billing models. Tier-2 firms should double down on managed code‑agent offerings, with built-in human review workflows, transparency dashboards and prompt governance. For global giants like Accenture and IBM, offering tiered pricing on trust-enhanced deployments and adapting consulting models to regional cost structures may help. Across the board, the most viable strategy is a hybrid model that combines GenAI productivity gains with layered human oversight, clear provenance, explainability tooling and risk control. The trust deficit is not just a challenge; it is fast becoming a strategic opening—one that Indian providers are uniquely equipped to monetize. The author is co-founder of Siana Capital, a venture fund manager. Topics You May Be Interested In Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
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Business Standard
06-07-2025
- Business
- Business Standard
Amsterdam crucial point for connecting with rest of Europe, America: IndiGo
IndiGo, India's largest airline with a domestic market share of 64 per cent, is fast expanding its overseas reach with new routes and partnerships Press Trust of India Amsterdam Expanding its international wings, IndiGo CEO Pieter Elbers has said Amsterdam will be an important point to connect with the rest of Europe and North America and highlighted it is a "fit for purpose" airline. IndiGo, India's largest airline with a domestic market share of 64 per cent, is fast expanding its overseas reach with new routes and partnerships. Marking the foray into Europe, IndiGo this week, commenced direct services from Mumbai to Manchester and Amsterdam, with Elbers describing the launches as a "momentous occasion". "I think the story now is by touching in Europe. The change is much more profound than just two new destinations. It's a change of product. It's a change in some of the partnerships. It's a change of profile," Elbers told PTI. With a fleet of more than 400 planes, IndiGo flies to over 90 domestic and 40 overseas destinations, with the latest additions being the start of services to Manchester and Amsterdam on July 1 and 2, respectively. Elbers said Amsterdam airport is great for connectivity and it certainly will become an important point to connect from here to the rest of Europe and North America. The airline plans to add 10 new international destinations to its network in the current fiscal year ending March 2026. Other planned destinations include London, Copenhagen, and Athens. In an interview with PTI in Amsterdam, a day after its inaugural flight landed in the Dutch city, the IndiGo CEO said the launches mark a new chapter in the airline's wonderful book and that more chapters are to come. Elaborating on the internal changes in moving to long haul services, Elbers said IndiGo is a "fit-for-purpose airline" and the carrier had one clear sort of product from the start. "What we have now done is we have made kind of groups of products depending on the routes we operate. So the product we have now on Manchester, we can also use the same for London or for Copenhagen. "And the product we have on domestic sectors, we can just keep adding domestic sectors. So there's some change internally," he noted. According to him, the aim is to make Indian passengers feel at home and non-Indian passengers have a flight on IndiGo that will also be the start of their journey to India. "So, it should be sort of contemporary Indian or Indian with a global twist type of approach. I think that is what's the objective," Elbers said. For the long haul operations, IndiGo is damp leasing six wide-body Boeing 787-9 aircraft from Norway's Norse Atlantic Airways. Currently, one of them is being used for the three weekly flights each to Manchester and Amsterdam from Mumbai. Elbers said IndiGo expects to take three more planes from Norse Atlantic in October-November time frame and the remaining two are expected to come in the first quarter of 2026. The airline is set to induct long range narrow-body A321 XLR planes by the end of this year or early 2026 and this aircraft will allow the carrier to add destinations like Athens. "It (A321 XLR) will allow us to add new destinations such as Athens. It will also allow us to do destinations from different points in India... "Today, we fly to Nairobi from Mumbai. Perhaps in the future, given the huge Gujarati community in that part of Africa, we may operate out of Ahmedabad. I'm not saying we do, but we may," Elbers said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
