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Skills Supply to Skills Demand for Industry 4.0 Mr Gary Gan CEO, - PowerPoint PPT Presentation

Using AI to Match Skills Supply to Skills Demand for Industry 4.0 Mr Gary Gan CEO, JobKred The world of work is changing rapidly 10% > 33% > 60% Annual Skills Obsolescence Employers Obsolescence Of Jobs report lack of skills in


  1. Using AI to Match Skills Supply to Skills Demand for Industry 4.0 Mr Gary Gan CEO, JobKred

  2. The world of work is changing rapidly 10% > 33% > 60% Annual Skills Obsolescence Employers Obsolescence Of Jobs report lack of skills in hires https://www.weforum.org/agenda/2017/07/skill-reskill-prepare-for-future-of-work/ https://www.manpowergroup.com.sg/wps/wcm/connect/deda2996-1672-4eea-87bc-8d6ada9247c5/MG_Edited_TalentShortage2018_lo.pdf?MOD=AJPERES http://www.mas.gov.sg/News-and-Publications/Media-Releases/2019/IBF-MAS-study-identifies-skills-for-more-competitive-financial-sector-workforce.aspx

  3. Current Methods of Skills Demand Assessment Direct Industry Surveys and National Skills Consultation Focus Groups Frameworks • Not standardized • Not Skills based • Not Granular • Slow • Slow • Slow • Small sample • Expensive • Expensive • Subjective • Outdated quickly • Outdated quickly

  4. Past – Slow & Unfocused COMPANIES SKILLS SUPPLY SKILLS DEMAND 4 years of formal 4 years of data training collection SKILLS TRAINING 4 years of curriculum EDUCATION & WORKFORCE development TRAINING

  5. New Technologies Big Data Analytics Intelligent skill- Automatic mapping to decode gap analysis and of curriculum to employer demand personalised granular skills and and predict future digital career modular education skill requirements guidance for youth and adults

  6. Workforce Transformation GLOBAL GOVERNMENT EMPLOYERS UNIVERSITIES Singapore’s Global IT Company Labour Market Student Career and National Jobs Information Skills Guidance Portal Developing talent Research transformation Scalable personalised frameworks & Personalised career Online labour market career guidance and providing personalised and training data & skills demand skills gap analysis learning to employees recommendations analysis >33,000 Skills >3,000 Skills Bangladesh Myanmar >200,000 Reported Tracked Sri Lanka Malawi 12,000 Careers Weekly Users 20x Courses Taken Favourited

  7. LMI - Top 20 Job Titles by Demand job_ads job_titles industries resumes companies skills job_applications tags departments users positions disciplines comments salaries questions Predictive Modelling Statistical Analysis Data Collection Customized model based Data cleansing and Indexing data given to on required context relational extraction us by BDJobs

  8. LMI - Top 20 Job Titles by Demand Job Titles (Normalised Scores) 1 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0

  9. Top 100 Job Titles by Demand (Cont’d) Senior Manager, Digital 21 37 53 69 85 Project Manager Junior Software Engineer Software Programmer SAS Programmer Marketing 22 IT Support Engineer 38 Senior Developer 54 Hardware Engineer 70 Network Support Engineer 86 System Admin 23 Digital Marketing Executive 39 Marketing Executive 55 Application Developer 71 Sales Support Engineer 87 .NET Software Developer Business Development 24 Assistant Engineer 40 Assistant Manager 56 Customer Support Executive 72 IT Assistant 88 Executive 25 Senior Web Developer 41 Systems Analyst 57 Senior Graphic Designer 73 Software Test Engineer 89 Senior .NET Developer 26 Web Designer 42 Website Developer 58 IT Engineer 74 Senior Software Developer 90 Senior Support Engineer 27 Database Administrator 43 Java Programmer 59 Front-End Web Developer 75 Senior Front-End Developer 91 Software QA Engineer 28 .NET Developer 44 Senior iOS Developer 60 Lead Web Developer 76 Software Architect 92 Developer 29 UI Designer 45 Executive 61 Senior Programmer 77 Software Developer Engineer 93 Game Developer 30 Network Engineer 46 Technical Writer 62 Online Marketing Executive 78 Python Developer 94 Digital Marketing Manager 31 Assistant Producer 47 SEO Specialist 63 Assistant IT Manager 79 Assistant Systems Engineer 95 Data Analyst 32 Systems Engineer 48 Senior Application Developer 64 Sales Executive 80 Senior Executive 96 Creative Designer Vice President, Information Software Quality Assurance 33 49 65 81 97 Mobile Developer Web Programmer Product Manager Technology Analyst Software Quality Assurance 34 Network Administrator 50 66 Junior Web Developer 82 Senior QA Engineer 98 Junior Officer Manager 35 IT Manager 51 Senior Android Developer 67 Trainer 83 Junior Executive 99 Project Coordinator 36 Business Analyst 52 Head of IT 68 Software Engineer Consultant 84 Computer Operator 100 Computer Programmer

  10. Top 20 Skills in Demand Job Titles (Normalised Scores) 1.2 1 0.8 0.6 0.4 0.2 0

  11. Top 100 Skills in Demand 21 37 53 69 85 Java Software Development Knowledge Discovery Concept Design Object Oriented Modeling Computer Hardware Software Development 22 38 54 70 86 Web Technologies jQuery UI Design Patterns Oracle SQL Methodologies iPhone Application 23 Work Well Independently 39 Software Design 55 Technology 71 87 Team Development Development 24 Web Knowledge 40 System Requirements 56 Requirements Analysis 72 Agile Application Development 88 Software Design Patterns 25 Able to Work under Pressure 41 Projects 57 HTML + CSS 73 Zend Framework 89 Java Web Services 26 42 58 74 90 Knowledge Engineering Software Requirements Application Design Functional Requirements Programming 27 43 59 75 91 Web Documentation J2EE Application Development Best Practices OA Framework 28 44 60 76 92 Problem Solving Technical Support Object Oriented Design Software Documentation Maintenance Software Development Life 29 45 61 77 93 Application Development Technical Documentation SQL Database Design jQuery Cycle Applications Software 30 46 Java Application Development 62 Work Ethic 78 Introducing New Products 94 AJAX Frameworks Development 31 CSS JavaScript 47 Web Services 63 Web Development 79 Business Requirements 95 Android Computer Hardware 32 48 64 80 96 Mobile Applications Product Requirements Troubleshooting Android Development Troubleshooting 33 Lean Software Development 49 Emerging Technologies 65 Code Review 81 Analytic Problem Solving 97 Network Infrastructure 34 GIS Applications 50 Knowledge Representation 66 New Product Ideas 82 Mobile Application Design 98 Core Java Computer Hardware 35 Requirement Specifications 51 Scalable Web Applications 67 Angular JS 83 99 Design Specifications Installation 36 Permit to Work 52 Web Services API 68 SQL DB2 84 Project Development 100 Databases

  12. #1 Information Technology Job Demand by Industry Top 10 Skills for Software Top 10 Skills for Web Top 10 Skills for iOS Developer Engineer Developer 01 Web Applications 01 Java 01 Applications 02 Design 02 PHP 02 GIS Applications 03 03 03 Software Development Script Design 04 04 04 SQL SQL Web Applications 05 05 PHP Frameworks 05 Mobile Applications Development 06 Applications 06 Web Applications 06 Development 07 07 07 Software CSS JavaScript Mac OS 08 Product Knowledge 08 Always Willing to learn 08 Web Application Design 09 Web Application Design 09 Mobile Phone Apps 09 Knowledge Management 10 10 Development 10 Mac OS X SQL Server

  13. National Portal - Job and Career Matching

  14. Workforce Transformation for Enterprises

  15. Data trains AI Recommendations for Upskilling & Talent Development Labour Market Info Training Content Internal Training Skills Frameworks and LMI Data HRMS & LMS Talent Recommendations 90% Cost & Time Savings for Talent Transformation Career Talent Succession Guidance Allocation Planning Staff Data and Records

  16. Skills Profiling Report Individual (SPRI) Skills lls Por ortf tfolio olio Career er Por ortfo tfolio io Learning ning Por ortfo tfolio lio Identify and showcase Gain career recommendations Understand skill gaps and portfolio of skills obtained from matched to their skills and learn prioritise learning goals to work experience and more about the details of each work towards aspirations. education. career pathway.

  17. Skills Profiling

  18. Digital Career Guidance

  19. Data Insights

  20. Sample Analysis

  21. Sample Analysis

  22. Workforce Transformation Value Chain Skills and LMI Skills Employer Skills Teacher Training Curriculum Career Demand Employment Workforce Framework Adaptation Training Development Providers Development Research Transformation Guidance • Essential to quickly and effectively match skills supply to skills demand • AI can learn from real-time LMI to recommend careers, training and jobs • Existing case studies from other countries already utilizing such technology • AI technology can be utilized in both developing and developed nations

  23. Thank You Mr Gary Gan CEO, JobKred gary@jobkred.com www.jobkred.com

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