Kunwar Vivek Singh is a perennial student of New Programming Languages and Tech Concepts through his 20 year career. “Every time something new comes out, I read about it and prove ‘hello world’ to the concept, and when I know I can do it, I move on,” said the 43-year-old. He thinks he has a winning combination when he goes on the job hunt Chad-starting power, tech chops and mix of skills to run a business. But large companies were the beginning of his re-res.
Some of the IT services companies he interviewed said he was too generalistic, preferring people with very specific skills instead. Which big companies are skeptical, not startups. Especially for niche expertise like blockchain.
The blockchain is one of the things that Singh studied and filed for later use. In a telegram group for blockchain users, Singh heard about a Singapore-based startup called CrowdGene, which is looking to create a peer-to-peer lending platform using cloud and blockchain. Unlike large companies, Startup offered Singh the opportunity to do what no other company did. Right off the bat, co-founder Akshay Mehra asked him to create a no-your-customer (KYC) solution using blockchain. “The idea is to see if he understands blockchain concepts and whether he can roll up his sleeves and develop system architecture,” said Mehra, 42. This is important because people in the Sing phase are often reluctant to create software.
The result? Singh was made CTO.
Our previous article on this subject highlighted a shortage of career opportunities for those in their forties. And many have spoken to over a dozen or so, after months of effort, and finally found jobs in startups like Singh. Although there are only thousands of startups, there are hundreds of professionals who are at risk of being displaced as big tech companies respond to new business realities.
The IT services sector created a thriving middle class in the 90’s, and now, as sociologist Shiv Viswanathan calls it, can be responsible for creating a new class – the “invisible class”. “These professionals [in their forties] are skilled and very vulnerable. Although companies focus on profits, Saw Ajika Viswanathan said the audit should be. “Companies have loyalty to a man who spent more than 10 years, companies call their employees as human resources, but they have to admit things,” he said.
In fairness, companies also face challenges. Tech companies, especially in IT services, have to make tough decisions before placing a huge workforce of forty. The construction of their pyramid, which gave them a double-digit growth, is now a challenge. The “pyramid” has a huge impact on their cost structure and profitability. “You need a flat company to be competitive, that is, younger people and a lot more productive young people. This can create pressure to alienate older and mid-level managers. Ravi Venkatesan, former chairman of Microsoft India and former co-chairman of the board of Infosys Limited, said many people are not really adding value.