Technology firm Wipro announced the launch of a digital skills credentialing and verification initiative in India. It aims to engage businesses, educational institutions, and the government to create a standardised framework for credentialing and validation of skills. The initiative will make validation of credentials easier, faster, and more reliable, said the company.
According to the German platform specialised in data gathering and visualisation, the education industry is expected to double between 2020-2025 and the business of providing professional certificates is expected to grow at a compounded annual growth rate of nearly 9 per cent between 2023 and 2027.
Additionally, as part of the recently announced Wipro ai360 initiative, Wipro will also use the DICE ID skills credentialing platform for its own employees, starting with the company’s generative AI skills training program.
Subha Tatavarti, chief technology officer, Wipro said. “The education sector in India is expected to double in size in the coming years yet there is no easy, or standard, way to validate the courses and certifications offered by a multitude of institutions. By building a wide-reaching ecosystem on our platform, our goal is to help accelerate the creation of a standard and interoperable credentialing framework that will alleviate the challenges faced in the skills verification process—and, ultimately, contribute to the creation of a dynamic and vibrant talent market.”