Q4 (January-March 2016) Insight@NIIT:Vol.31 Investor Communication Contents
     
   
 
  NIIT Limited announces Q4  
  NIIT.tv - a disruptive innovation by NIIT, celebrated 100 days of empowering learners globally  
  NIIT awarded as 'India's Most Trusted Training Brand' for the 4th consecutive year  
  NIIT.tv - a disruptive innovation by NIIT, entered into a significant partnership with SASTRA University  
  NIIT Awarded 2016 CLO LearningElite Gold Award  
  NIIT bags ASSOCHAM National Brand Summit & Excellence Awards 2016  
  NIIT Named to TrainingIndustry.com's Top 20 Training Outsourcing Companies List  
  NIIT once again redefines IT Training in India  
  Oshkosh Corporation Awards Managed Training Services Contract to NIIT  
 
   

     
   
  Contents  
 
 


  Q4 Results  
  News@NIIT  
  Campaigns  
 
     

     
   
  NIIT Limited declares Consolidated Results for Q4 and FY 2015-16  
 
 

 

 

 

 

 

 

 

Rahul Patwardhan
Chief Executive Officer,
NIIT Limited

The Business Transformation program has delivered to plan and ensured turnaround of our Skills & Careers Group (SNC) business back to growth and profitability. With its keen understanding of the market, NIIT has now completely re-aligned SNC business to the critical Digital transformation skills needs of the IT Industry. The Corporate Learning business has delivered rock steady consistent growth and profitability.

 

 

 

 

 

 

 

 

 

 

 

 

Sapnesh Lalla
Group President, Corporate Learning Group, NIIT Limited

During the year, in spite of softness in the oil sector, we focused on growing our existing clients and investing in newer sectors like BFSI and Life Sciences to drive steady consistent growth. Significant progress on the productivity program was also achieved, leading to improved EBITDA which was re-invested in building sales capacity and delivery platforms. Our funnel today is healthy. We have also strengthened our learning advisory services capability.

 

 

 

 

 

 

 

 

 

 

 

 

Prakash Menon
President, Global Skills and Careers Group, NIIT Ltd

NIIT has played a pioneering role in IT training in India by training 35 Mn people in IT over the last 35 years. With a keen understanding of the changing skills requirement of the industry, we are now focusing on the Digital Transformation needs by completely re-aligning the Skills and Career Group to the changing future skill-sets requirement of the industry, to help create job-ready talent pool for the fast evolving global economy.

 

 

 

 

 

 

 

 

 

 

 

Gavin Dabreo
CEO of MLSL

We are focussed on taking MLSL to the next level of growth through strategic tie-ups with private schools. We also plan to increase the depth of our product portfolio, thereby helping students improve their academic outcomes. We have built our business vison for the future, and will now be working towards bringing on board suitable strategic investors.
  • Q4 Revenue of Rs. 238.9 Cr, up 7% YoY; and Full Year Revenue of Rs. 1006.9 Cr, up 5% YoY
  • Corporate Learning Group (CLG) grows 18% YoY in Q4; up 16% for FY 2015-16
  • Skills & Careers Group (SNC) back to growth at 1% and positive EBITDA at 2% for FY15-16
  • Launches strategic focus on 'Digital Transformation' training, with 'DigiNxt' series
  • NIIT ranked as 'India's Most Trusted Training Brand' for 4th year in a row

Quarter 4 highlights:

NIIT Limited: Consolidated Results for Q4 Consolidated Financials (in Rs. Cr) for Quarter ended March 31, 2016

  Quarter ended March 31, 2016 Quarter ended March 31, 2015 Growth YoY
Net Revenue
238.9
223.5
+7%
EBITDA
13.2
(5.8)
+18 Cr
EBITDA%
6%
(3%)
+185 bps
Profit After Tax
17.8
(151.2)
+169 Cr

FY 2015- 16 highlights:

NIIT Limited: Consolidated Results for FY 2015-16 Consolidated Financials (in Rs. Cr) for Year ended March 31, 2016

  Year ended March 31, 2016 Year ended March 31, 2015 YoY growth
Net Revenue
1006.9
957.4
+5%
EBITDA
71.2
30.8
+131 %
EBITDA%
7%
3%
+385 bps
Profit After Tax
67.2
(138.5)
+205.8 Cr

During the quarter, the company recorded a Net Revenue of Rs. 238.9 Cr, up 7% YoY and a PAT of Rs. 17.8 Cr. For the full year, the Company's Net Revenue stood at Rs. 1006.9 Cr, up 5% YoY and PAT was recorded at Rs. 67.2 Cr.

The results were taken on record at the meeting of the Board of Directors here today.

Revolutionizing the IT training and education landscape once again, during the quarter NIIT ventured into Digital Transformation to offer pioneering programs to young aspirants who wish to enter the digital services industry, as well as to IT professionals wishing to urgently reskill themselves to remain relevant in the new digital world. Under the DigiNxt portfolio, NIIT is rapidly shifting its retail consumer IT education and training portfolio towards futuristic technologies like Java Enterprise Apps with Dev Ops, Big Data, Robotics, IoT, Virtual Reality, Cyber-Security, Artificial Intelligence and Machine Learning, etc.

Through this initiative, NIIT is re-aligning the focus of the Skills & Career Group to the dramatically changing future-skill-set requirements of the industry, so as to create the urgently needed job-ready talent pool for the digital era, and help India maintain and widen its leadership as the world's IT innovation & services destination. NIIT already has an eager waiting list of major IT industry recruiters for students of these exciting new programs.

Earlier during the year, NIIT launched StackRouteTM - a pioneering initiative to create Full-stack programmers for the industry. The initiative received overwhelming response from start-ups and major IT companies alike, leading to over-subscription of multiple batches. StackRouteTM has strong acceptance as a strategic program to help IT corporate majors transform their workforce to be become Digital-Skills ready.

"Over the year, each quarter we have delivered steadily accelerating top line YoY growth. Further, the revenue from all NIIT Go-Forward businesses, which excludes geographies and businesses that we had defocused and exited, grew by a robust 11% during the year, thus indicating strong demand and an healthy growth momentum for our focused strategy", added Mr. Patwardhan.

Corporate Learning Group (CLG) recorded revenues of Rs. 136 Cr, up 18% YoY during Q4. It added four new MTS customers in Q4, taking the total number of MTS customers to 31, with a Revenue Visibility of USD 200 Mn for CLG. The Managed Training Services (MTS) portfolio continued to gain traction, contributing 90% to overall CLG revenue in FY16. Order intake of FY16 was up 28% YoY and the FY16 closing order book grew 27%.

In the year, NIIT announced the establishment of a new facility in Bergen, Norway to further invest in the rapid growth of its business in Europe. NIIT now has three established centers in Europe Dublin, Bergen, and London, with a diverse mix of pan-European staff from UK, Ireland, Norway, Netherlands, Romania, and Germany.

Skills and Careers Group (SNC) recorded net revenue of Rs. 72.8 Cr during the quarter. Beyond IT revenue grew strongly in FY 2015-16 contributing 40% to SCG revenue, compared to 33% in FY'15.

With a sharp focus on Educational Technology, NIIT instituted the Online Learning Business during the quarter. Led by Mr. Udai Singh, Chief Strategy Officer, this unit will drive NIIT's own digital transformation through strategic initiatives like NIIT.tv, as well as NIIT's future plan to launch an omni-channel, multi-modal learning portal which will integrate all of NIIT's SNC business target segments, product portfolio & delivery channels.

In a significant development NIIT.tv a disruptive innovation by NIIT received phenomenal response during the year, registering over 2,34,000 students from more than 1,980 cities, and over 160 countries. In the initial phase, around 20 skill-based training programs in IT, Banking and Finance, Retail and Management was made available, which was scaled up to more than 5,500 "live" as well as "on-demand" courses. Within this short period, NIIT.tv also registered one of the highest customer engagement rates, compared to its global and local industry peers. Further strengthening its position, NIIT.tv entered into a strategic partnership with SASTRA University to help students pursuing BTech and MTech degree programs. Sessions delivered by expert faculty members of the University will be broadcast on NIIT.tv, an internet based learning portal. Over 45,000 students took advantage of NIIT.tv CBSE online preparation courses for 10th and 12th board exams this quarter.

During the year, NIIT also entered into strategic partnerships with HP to offer Post Graduate Certificate Program in Software Testing, and with MetaScale to support India's Analytics needs. Strengthening NIIT's EdTech credentials, the company rolled out the revolutionary Cloud CampusTM in China. As part of this rollout in China, NIIT has extended the break-through Cloud Campus platform to support learners in Mandarin.

NIIT Institute for Finance, Banking and Insurance (IFBI), India's largest Banking training institute, launched a two-month Certificate Program in Global Finance and Accounting: 'FinVantage' - a comprehensive fast track training program in Accounts Payable and Accounts Receivable. NIIT IFBI also launched the 1st batch for Certificate Program in Banking Sales and Marketing (CPBSM) for the Catholic Syrian Bank (CSB) during the year.

MindChampion Learning Systems Limited (MLSL) registered net revenue of Rs. 30.1 Crs during the quarter; added 122 schools to its customer base; and made further progress on moving to an asset-lighter model and improving sales productivity. NIIT hived off its K-12 School Learning business into a Wholly Owned Subsidiary Company called - MindChampion Learning Systems Limited and appointed Mr. Gavin Dabreo as the CEO. This was done with the view of inviting strategic investors and partners, as a separate entity would effectively cater to the independent growth and future expansion plans of the school learning business.

Other highlights:

  • NIIT ranked as 'India's Most Trusted Training Brand' for 4th year in a row, by Brand Trust Advisory
  • NIIT named as the 'Most Respected Education Company', by Business world magazine
  • NIIT ranked among TrainingIndustry.com's 2016 Top 20 Companies in Training Outsourcing, for the ninth consecutive year
  • NIIT named to TrainingIndustry.com's Top 20 Gamification Companies List
  • NIIT receives 'Franchisor of the Year Award' - under the category Vocational & Skill Development Training Institute at Franchise India Awards 2015
  • NIIT named to TrainingIndustry.com's Top 20 IT Training Companies List
  • NIIT conducts India's largest National Industry Targeted Aptitude Test (NITAT) on 13th February, 2016
  • During the year, NIIT established European Delivery Centre in Dublin creating 110 jobs. The development was supported by the Department of Jobs, Enterprise and Innovation through IDA (Industrial Development Agency) Ireland.
  • During the year, NIIT was conferred with two prestigious awards at 'The 5th Indian Education Awards 2015' organized by Franchise India. The company won the coveted Best Vocational Institute for Banking, Finance & Insurance award for NIIT Institute of Finance Banking & Insurance Training Ltd (IFBI). The prestigious Best Innovative Learning Tool award was presented to NIIT Nguru MathLab Plus.

About NIIT
Established

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The comprehensive suite of Managed Training Services includes custom Curriculum Design and Content Development, Learning Administration, Learning Delivery, Strategic Sourcing, Learning Technology, and Advisory Services.

With a team of some of the world's finest learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development (L&D). Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D, reduce costs, realise measurable value, benefit from rock-solid operations, and increase business impact.

NIIT's Skills and Careers Group (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Banking, Finance & Insurance, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and programs in digital transformation technologies. These programs are delivered through a hybrid combination of the 'Cloud Campus' online platform, satellite-based 'Synchronous Learning Technology' and a physical network of hundreds of learning centers in India, China, and select markets in Asia & Africa. The flagship multi-disciplinary course offerings include the industry-endorsed GNIIT Digital Transformation program and a set of DigiNxt Programs for students from different streams, apart from a wide range of specialist short duration programs.

To further strengthen its SNC portfolio in India, NIIT has tied up with industry majors like ICICI Bank for NIIT Institute of Finance Banking Insurance& Training Limited, IFBI; leading business schools in India for NIIT Imperia; Genpact for NIIT Uniqua; and a joint venture with NSDC for NIIT YuvaJyoti Limited. Besides this, for the China market, NIIT has tied up with governments and software parks in Guian, Chongqing, Wuxi, Suzhou, Changzhou, Zhangjiagang, Haikou and Dafeng, for state-of-the-art public-private partnership centres.

Recently NIIT has introduced - StackRouteTM, an initiative to produce the world's best full stack programmers. StackRouteTM aims to create multi-skilled, and multi-disciplinary programmers who can become key members of high-performance teams in top notch product engineering companies, start-ups, and IT firms. Further the company has also launched NIIT.tv a digital learning initiative that brings skilling from NIIT classrooms to every digitally connected Indian, for free, at any time and place of their choice. A disruptive innovation by NIIT for the education space. NIIT.tv will deliver for the very first time, skill-based live courses as well as on-demand courses to the masses, through the digital medium.

As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited, is providing technology based learning to around 2,000 private schools across India, reaching out to more than a million students. The futuristic NIIT nGuru range of learning solutions for schools comprises Interactive Classrooms with digital content, technology-driven Math Lab, IT Wizard programs and Quick School - an Education Resource Planning software.

As the Most Trusted Training Brand in India for 4th year in a row (Brand Trust Report, 2016), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past nine consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World.

 
     


       
     
   
  NIIT.tv - a disruptive innovation by NIIT, celebrated 100 days of empowering learners globally  
 
 

Rahul K Patwardhan,
CEO,
NIIT Ltd

The success of NIIT.tv is a strong reaffirmation of our belief that Technology is fundamental to our growth. The company today, works on a blended delivery model and has over 200 engineers working on education-technology making NIIT, the largest EdTech company in the country.

 

 

 

 

 

 

Udai Singh
Chief Strategy Officer
NIIT Ltd

We launched NIIT.tv with an aim to make available cutting-edge skill based training to every digitally connected citizen of India, by removing the four constraints of time, space, language and money. Through this partnership with Tutorialspoint.com, we hope to provide our users with more options and content thus providing high quality training material to every digitally connected Indian for free.

- Entered into a strategic partnership with Tutorialspoint.com to mark this momentous milestone
- Tie-up to provide high quality educational videos and tutorials to an established base of 1 million users every month, across 140 countries, for free

NIIT.tv a disruptive innovation by NIIT has completed 100 days of launch with an overwhelming response. Within this short period of its inception, NIIT.tv has registered students from more than 1500 cities, and over 140 countries. In the initial phase, over 20 skill-based training programs in IT, Banking and Finance, Retail and Management was made available, which was scaled up to more than 1000 "live" as well as "on-demand" courses. Within this short period, NIIT.tv has also registered one of the highest customer engagement on the site, as compared to its Indian and International counterparts. The recent launch of Free CBSE Board Exam preparatory live classes for 10th and 12th standard students has been highly appreciated by the users.

NIIT.tv is a democratic digital learning initiative, backed by NIIT's strong Educational Technology framework, with an aim to bring high quality training from its classrooms to every digitally connected learner, for free, at any time, place and language of their choice. Students accessing NIIT.tv will be able to access a rich bouquet of high quality, value-added services from NIIT centres in future, e.g. training, professional certification, career counselling, and placement services.

As part of its overall plan to partner with other players and create a 360 degree eco-system, NIIT.tv and Tutorials Point, today entered into a strategic partnership to provide additional value to their respective end users with added quality content. Through this partnership the users of NIIT.tv and Tutorialspoint.com can access the content of both the sites. Tutorialspoint.com provides purely text based content and a Coding ground to practice & hone programming skills, while NIIT.tv offers Video based courses. Between NIIT and Tutorials Point, learners get a complete multi-modal learning experience FREE - combining tutorials, videos, live synchronous classes, e-books, interactivity, discussion forums, assessment, etc., making the combined ecosystem the richest and widest and deepest IT learning environment. The two learning destinations will enable a more seamless experience for their respective users in their pursuit to find learning material for almost every single IT area currently in demand.

The NIIT.tv beta program has progressed well. Based on feedback from learners and the growth of courses, the course catalog has been enhanced, an intuitive learning dashboard has been introduced, and the proven cloud courseware system from NIIT's Cloud Campus has been integrated into NIIT.tv. Also the NIIT.tv Android app is now available on the Google Play Store for free download. A course configurator has also been created to enable independent authors & subject matter experts to offer their courses on NIIT.tv. The relationship with Tutorials Point, which has an established base of over 1 million users per month, will increase the spread of NIIT.tv, and give impetus to its plan of covering every city/town having Internet access in India, and providing over 1500 courses through the platform.

NIIT.tv is aligned to the Digital India and Skill India campaigns announced by Hon'ble Prime Minister, Mr. Narendra Modi earlier this year. The initiative, which was launched on October 6, 2015, seeks to offer very scalable yet a highly economical model, thereby enabling much faster achievement of Skill India goals.

Mr. Mohammad Mohtashim, Managing Director, Tutorials Point India Pvt Ltd, said, "NIIT.tv has generated huge response within the first 100 days of its launch and we are glad to come together and provide additional value to our respective users. With nearly 1 million viewership per month, Tutorialspoint.com provides online learning experience in simple and easy steps and this partnership will further enhance the content and provide users with more options to choose from."

Over the last 34 years NIIT has contributed extensively to the IT sector by training 35 million people in IT and other disciplines. As a socially responsible corporate citizen, NIIT with the launch of NIIT.tv is now committing to extend that experience and expertise to service the needs of India in many other sectors, across the entire social spectrum.

NIIT will also encourage and recognize its students and socially minded citizens who volunteer their personal time and effort to support new learners especially from the under-privileged sections of society. Through this collaborative effort, the company expects a lot more local language content to become available, which currently is in very short supply.

 
     
 

 
     
   
  India's largest National Industry Targeted Aptitude Test (NITAT) by NIIT receives phenomenal response  
 
 

Shivan Bhargava
Group President, Skills and Careers Group,
NIIT Ltd

The response that NITAT has received from the students across India is unprecedented. We commenced NITAT 11 years ago with an aim to recognize skilled workforce to meet the demands of the IT industry. Today NITAT has evolved from being just an I.T. aptitude test to the one that assesses student's career readiness quotient across multiple domains like IT, Banking and Finance. We are confident that NITAT will continue to help students access their skills for multiple career domains.

 

- NITAT opens avenues for aspiring careers in IT, Banking and Finance
- More than 1 Million students benefitted over the past 11 years

NIIT Limited, has received an overwhelming response for its 12th National Industry Targeted Aptitude Test (NITAT) conducted on 13th February, 2016. NITAT 2016 witnessed 93,068 applicants, 47,311 test takers, among which 35,178 students qualified. The examination was conducted in over 150 cities nationwide. Over past 11 years more than 1 million aspirants have been benefited by the test.

NITAT helps the students and graduates to access their potential and aptitude for careers across multiple sectors. The test has been designed as an objective test of reasoning, comprehension, data interpretation skills and behavioural traits. Every student is entitled to receive a personalised score card that will give his/her Aptitude Ranking (concentric graphical form) on National and Zonal basis.

Students who appear for NITAT receive assessment score card & personalized career counselling from NIIT. They are also entitled for complementary job fair passes. NIIT's program proposition is highlighted during counselling and scholarships are awarded to merit holders, along with a congratulatory letter from NIIT MindChampion and five-time world chess champion Viswanathan Anand.

NIIT's pioneering initiative NITAT was introduced in 2004 to enable graduates and students pursuing their studies in engineering, arts, commerce and science streams to gauge their aptitude for a career in the IT sector, identify skills further required, if any, and thus systematically charter their career into the IT industry. Today the test has evolved as a powerful tool that assesses student's aptitude across multiple domains, including IT, Banking and Finance. The test is designed scientifically to assess students and provide a relative ranking system, which helps them to identify their position amongst all test takers.

 
     
 

 
     
   
  Post Budget reactions for the Education and Skill sector  
 
 

BY:- Vijay K Thadani, Vice Chairman & Managing Director, NIIT Ltd.

We welcome the focus on education, skills, job creation and entrepreneurship in this budget. Emphasis on promoting excellence in higher education on a level playing field by identifying 10 public and 10 private institutions, is a good move.

Digital repository for validation of qualification will provide a great boost to high employment industries, such as the IT sector. Also, upgradation of National Career Services will produce more effective connection of jobs with skills.

The maturity of digital technology and its role in the society is visible from the fact that MOOCs will be used for mentoring new entrepreneurs.

 
     

     
   
  Pre-Budget expectations for the Education & Training sector  
 
 

 

 

By Mr. Rahul K Patwardhan, CEO
NIIT Limited, a global leader in skills & talent development

Online education is a fast growing global growth arena, both in formal education and vocational training. We hope that the government will introduce measures to ensure a level playing field for the highly regulated Indian online education and training companies against the much larger funded global players who are entering the Indian market aggressively, in an unregulated manner as far as Indian taxation regime is concerned.

Further, we hope that the Finance Minister will announce specific measures in the Union Budget to help make education and skilling more affordable to the masses. Skill India and Digital India are two key and highly ambitious initiatives of Government of India, and in the forthcoming budget we expect specific Indirect tax rebates for the companies and its partners who are working towards making these initiatives a success. Government has set an ambitious target of skilling 500 million people by 2022. In a country where less than 4% of the population are formally skilled, FM needs to substantially increase fund allocation to the sector to draw youth to the skilling programmes. FM should also spell out specific incentives and policy framework to boost the start-up sector by announcing tax rebate and allocating more funds for the development of the sector.

GST is another much awaited Indirect tax reform, which will boost the economy. We are expecting a firm roadmap from the Government for its implementation. We also hope there would be changes in the Income Tax policy frame that will allow us to get quick refund for the excess taxes paid.

 
     
         

         
     
   
  NIIT awarded as 'India's Most Trusted Training Brand' for the 4th consecutive year  
 
 

Rahul Patwardhan
CEO,
NIIT Ltd

We are pleased to receive the Most Trusted Training Brand award for the 4th year in a row. NIIT today, works on a blended delivery model with 200 engineers working on education-technology making us the largest EdTech Company in the country. Further NIIT has been a key player in corporate training outsourcing, providing globally benchmarked full service end-to-end managed training solutions to Fortune 1000 corporates worldwide. Our programs are delivered through a hybrid combination of the 'Cloud Campus' online platform, satellite-based 'Synchronous Learning Technology' and a physical network of hundreds of learning centers globally. This award is a reaffirmation that our initiatives in the training sector have been appreciated by the consumers and the industry.


 

 

 

 


Prakash Menon
President, Global Skills & Careers Business, NIIT Ltd

This award will encourage us to further focus on EdTech as we continue to offer innovative training solutions across multiple sectors. Going forward we look at brining innovations to NIIT portfolio, and further enhance NIIT's curriculum offerings to serve the urgent skilling needs for a Digital Workforce.

- Wins the coveted accolade based on Trust Research Advisory's - Brand Trust Report, India Study 2016
- Recognized for providing globally benchmarked full-service end-to-end training solutions

NIIT Limited, has been recognized as 'India's Most Trusted Training Brand' 2016 by Trust Research Advisory (TRA), India's foremost data insights company dedicated to understanding, simplifying and researching aspects that makes the intangibles of brands more measureable. NIIT has won the coveted award for the fourth year in a row.

The Brand Trust Report 2016 was conducted across 16 cities, generating nearly 6 million data points among 20,000 unique brands, thus making it the most intensive study on Brand Trust across the globe. The report measured consumers' trust and brand insights by measuring variables that influence consumer behavior.

Over the last 34 years, NIIT has contributed extensively to the IT sector by training 35 million people in IT and other disciplines. In the last decade, NIIT diversified beyond IT training by entering into partnerships with domain experts in growing industry verticals. NIIT is actively involved in offering technologically advanced learning products and services to its customers. The company introduced pioneering Cloud Campus in India way back in 2011. A recent path breaking initiative NIIT.tv has received phenomenal response nationwide. An array of programs from NIIT are already available online through NIIT.tv. and cloud campus. With the recent launch of StackRoute, NIIT has also reinforced its leadership position as a pioneer in meeting the future skill needs of the IT sector.

Additionally, NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. With a proven global track record and strategic partnerships with many Fortune 500 clients in US & EU; with over 600 Global Specialist Training Partners across a wide range of subject domains; with a pool of over 1000 trainers deployable globally; and with the world's largest content development facility, NIIT brings the best of breed training services to meet the needs of discerning corporate customers in India, across all domains and entire range of training services, with a focus on large local and MNC firms.

Elaborating on the recognition, Mr. Sachin Bhosle, Research Head, Brand Trust Report said, "Brands are extraordinarily important as they are the interface between the consumer and organization. Mapping educational training brands based on our brand trust matrix has become essential part of our survey and NIIT has emerged as the undoubted winner backed by the cutting edge training solutions that they offer to individuals as well as corporates. This award is a recognition of NIIT's thrust in providing the best training services through innovative use of technology."

NIIT has alliances with various reputed companies across multiple sectors. The company has alliance with ICICI for developing trained manpower for Banking & Financial Services sector through its IFBI initiative; and with Genpact for BPM training. Similarly, it has joined hands with leading B- Schools like IIMs for its NIIT Imperia venture, aimed at working professionals. In the corporate front, NIIT offers best-in-class Managed Training Services that enable clients to reduce cost, embrace change and drive real quantifiable business impact. In the school's space, NIIT's technology based learning solutions aim to make the vital process of teaching and learning simpler, thus bringing joy back into learning.

Trust Research Advisory, a part of the Comniscient Group, is a Brand Intelligence and Data Insights Company dedicated to understand and analyze stakeholder behavior through two globally acclaimed, proprietary matrices of Brand Trust and Brand Attractiveness.

 

 
     
         

         
     
   
  NIIT.tv - a disruptive innovation by NIIT, entered into a significant partnership with SASTRA University  
 
 

Udai Singh,
Chief Strategy Officer,
NIIT Ltd

We launched NIIT.tv with an aim to make available cutting-edge skill based training to every digitally connected citizen of India, by removing the four constraints of time, space, language and money. Through this significant tie-up with SASTRA University we will now use the platform to provide relevant skill sets to aspiring engineers and make them job ready for today's competitive corporate environment.

 

- To now offer industry-aligned support programs in BTech and MTech to improve learning and employability of engineering graduates
- High quality educational videos to reach out to engineering students across 140 countries, for free

NIIT.tv a disruptive innovation by NIIT, will now offer support to students pursuing BTech and MTech degree programs by helping them with their curriculum and beyond, with an aim to improve employability and job readiness of engineering graduates in India. To this end NIIT.tv has entered into a significant tie-up with SASTRA University, one of the leading universities in India, situated in Thanjavur, Tamil Nadu. Sessions delivered by expert faculty members of the University will be broadcast on NIIT.tv, an internet based learning portal. Programs on Biomedical Nanotechnology, Biosensors and Control Systems will be available in the initial stage and will soon expand to other engineering, management & law disciplines including coaching for competitive exams like GATE, etc.

NIIT.tv is an internet TV portal that can be accessed on a computer, tablet or smartphone anytime, anywhere. It is a democratic digital learning initiative, backed by NIIT's strong Educational Technology framework, that was launched in October last year with an aim to bring high quality training from its classrooms to every digitally connected learner, for free, at any time, place and language of their choice. The platform has received an overwhelming response with a total of 1,70,000 registered users from 142 Countries. This has prompted NIIT to go beyond its programs and provide support in other areas of higher education through strategic tie-ups.

As per a recent India Skill Report (ISR), compiled by Wheebox, PeopleStrong, LinkedIn and the Confederation of Indian Industry (CII), only 37 per cent of Indian graduates are employable. Educational institutions train millions of youngsters but corporates often complain that they do not get the necessary skill and talent required for a job. Therefore, it is essential that the engineering programs evolve and become more job-centric.

Between NIIT and SASTRA University, learners go through a complete multi-modal digital platform, experience free - tutorials, videos, live synchronous classes, e-books, interactivity, discussion forums, assessment, etc., thus making the combined ecosystem the richest, widest and the deepest learning environment for students pursuing BTech and MTech programs. The two learning destinations will enable a more seamless experience for their respective users in their pursuit to find learning material that is more suited to the skill sets required by the industry.

To start with, sessions on Biomedical Nanotechnology, Biosensors and Control Systems will be available on NIIT.tv. These two programs are aligned with the need to focus on emerging & niche areas while more programs will be added from not only engineering clusters but also from management & law to make the engagement interdisciplinary & multidimensional keeping in mind the workplace demands.

Dr. S. Swaminathan, Dean of Sponsored Research at SASTRA University and head of this new collaborative initiative, said, "SASTRA's decision to leverage NIIT.tv's platform wherein to engage with a wider cross-section of learners will disrupt conventional teaching-learning mechanisms in offering quality higher education, thereby making it inclusive, affordable & accessible. This initiative is also aligned with the Government of India's digital drive and MHRD's National MOOC mission".

Since its launch in October 2015, NIIT.tv beta program has progressed well. Based on feedback from learners and the growth of courses, the course catalog has been enhanced, an intuitive learning dashboard has been introduced, and the proven cloud courseware system from NIIT's Cloud Campus has been integrated into NIIT.tv. Also the NIIT.tv Android app is now available on the Google Play Store for free download. A course configurator has also been created to enable independent authors & subject matter experts to offer their courses on NIIT.tv.

Over the last 34 years NIIT has contributed extensively to the IT sector by training 35 million people in IT and other disciplines. As a socially responsible corporate citizen, NIIT with the launch of NIIT.tv is now committing to extend that experience and expertise to service the needs of India in many other sectors, across the entire social spectrum. With over 200 people working on education-technology, NIIT is the largest EdTech company in the country actively involved in offering technologically advanced learning products and services to its customers.

 
     
         

         
     
   
  NIIT Awarded 2016 CLO LearningElite Gold Award  
 
 

Rahul Patwardhan
CEO,
NIIT Ltd

It is indeed an honor to be a part of the prestigious CLO LearningElite list. An efficient workforce is truly a competitive strength and NIIT has been at the forefront of making the best learning and development models available to corporates across the globe. With training as our forte, it is our continuing endeavor to offer next generation training solutions customized to the specific needs of corporates worldwide.

 

NIIT Limited, announced that it has been ranked Gold LearningElite member at #22 on Chief Learning Officer magazine's prestigious LearningElite list. Human Capital Media (HCM), the largest integrated media company supporting the human resources industry and publisher of Chief Learning Officer magazine, announced the companies in the coveted list at the annual LearningElite awards dinner on Monday, April 4 at The Ritz-Carlton on Amelia Island, Florida as part of the 2016 Spring CLO Symposium.

This annual ranking lists the organizations that outperform the benchmark standard for implementation of learning and development (L&D) best practices for their workforces. This robust, peer-reviewed ranking and benchmarking program recognizes those organizations that employ exemplary workforce development strategies that deliver significant business results. Developed under the guidance of a group of chief learning officers and senior learning and development practitioners, the LearningElite program utilizes best practices in evaluation to rank the best organizations based upon their impact, size and industries served. A comprehensive evaluation of learning and development, the LearningElite also recognizes individual companies for their efforts in functional areas, including leadership development, use of technology, executive buy-in, and content development and delivery, among others.

The aim of the LearningElite is to:

  • Identify and recognize industry leaders.
  • Promote recognition of the critical role that learning and development plays in organizational success.
  • Support organizations in achieving best-in-class levels of performance.
  • Identify and share best practices, principles and strategies for learning and development.
  • Provide powerful benchmarking data for world-class learning and development.

View the complete list of winners here.

 

 
     
         

         
     
   
  NIIT bags ASSOCHAM National Brand Summit & Excellence Awards 2016  
 
 

 

Prakash Menon
President, Global Skills and Careers Group, NIIT Ltd

Over the last 35 years NIIT has played a pioneering role in shaping the education and training sector through its innovative and industry-aligned career programs. We continuously strive to design our programs as per the aspirations of the youth and the requirements of the industry. This award is recognition of our efforts and will further encourage us to constantly innovate by introducing a diverse range of learning solutions focused on Digital Transformation.

Acknowledged for 'Best Innovation Brand' in the education sector

NIIT Limited, bagged the ASSOCHAM National Brand Summit & Excellence Awards 2016 as the 'Best Innovation Brand' in the Education sector. NIIT received the coveted award for company's continuous quest to offer path breaking industry-aligned education and training programs. Mr. Sanjay Zhunzhunwala, Chairman and Ms. Shradha Agarwal, Co-chairperson, ASSOCHAM Regional Council presented the award to Ms. Shakera Roy, General Manager NIIT Ltd & Geo Head (East & South Networks), at a scintillating ceremony organized at The Oberoi, Kolkata.

Over the last 35 years, NIIT has contributed extensively to the IT sector by training 35 million people in IT and other disciplines. In the last decade, NIIT diversified beyond IT training by entering into partnerships with domain experts in growing industry verticals. NIIT is actively involved in offering technologically advanced learning products and services to its customers. The company introduced pioneering Cloud Campus in India way back in 2011. A recent path breaking initiative NIIT.tv has received phenomenal response nationwide. An array of programs from NIIT are already available online through NIIT.tv. and Cloud Campus. With the launch of StackRoute, NIIT has also reinforced its leadership position as a pioneer in addressing the future skill needs of the IT sector. Continuing the effort to revolutionize the IT space, NIIT is now offering pioneering programmes in Digital Transformation, under the DigiNxt series brand umbrella.

Eminent speakers like Mr. Partha Sinha, Vice Chairman & MD, McCANN Worldgroup, Mr. Sonal Dabral, Chairman & CEO, DDBMudra Group, Mr. Subhash Kamath, CEO & Managing Partner BBH, Mr. Samiran Gupta, India Country Head, ICANN, USA, Mr. Joy Mukherjee, Global Communication Expert, Angelique International and many more attended the event.

"National Brand Summit & Excellence Awards" by ASSOCHAM is an initiative to salute Indian Corporate and Brands working in various sectors for excellence, innovation and their contribution to the society.

 
     
         

         
     
   
  NIIT Named to TrainingIndustry.com's Top 20 Training Outsourcing Companies List  
 
 

 

 

 

 

 

 

NIIT Limited, announced that it has been selected as a 2016 Top 20 Training Outsourcing Company for the ninth year by TrainingIndustry.com. TrainingIndustry.com continually monitors the training marketplace for the best providers of training services and technologies.

Selection to the 2016 Top 20 Training Outsourcing Companies list was based on the following criteria:

  • Industry visibility, innovation and impact
  • Capability to deliver multiple types of training services
  • Company size and growth potential
  • Strength of clients
  • Geographic reach

"The Top 20 Training Outsourcing companies lead our industry's innovation in many ways," said Ken Taylor, president, Training Industry, Inc. "We frequently see these companies steering the conversation on where learning and development can and should go. They tend to use learning technologies to drive truly complete solutions, specifically aligned to business goals and objectives."

"We are honored to be listed among the Top 20 Training Outsourcing Companies on this prestigious ranking for the ninth consecutive year. This demonstrates our consistent commitment to provide the highest value and quality of managed training services to our customers in terms of tangible business impact and L&D transformation," said Sapnesh Lalla, President Corporate Learning Group, NIIT Limited.

"The Top 20 Training Outsourcing Companies list is frequently used as a resource to help you select partners who can provide a comprehensive service suite to support your organization's most strategic learning initiatives," said Doug Harward, CEO, Training Industry, Inc. "These companies represent the leaders in our industry, and are well-equipped to provide your organization with the tools and guidance necessary to meet a broad range of learning services."

View the 2016 Top 20 Training Outsourcing Companies here.

 
     
         

         
     
   
  NIIT once again redefines IT Training in India  
 
 

Rahul Patwardhan
CEO,
NIIT Ltd

We pioneered the category of IT Training in India way back in 1981. Having trained over 35 Mn people in IT over the last 34 years, we expanded our expertise to other sectors as well and have been instrumental in creating trained workforce as per evolving industry needs. With our keen understanding of the changing skills requirement of the industry we are now focusing on the Digital Transformation needs. This move indicates our commitment to create a talent pool armed with futuristic skill-sets aligned to the industry, working closely with our key clients in the technology sector around the world as well as with the software industry association.

 

 

 

 

Prakash Menon
President, Global Skills & Careers Group, NIIT Ltd

While working on StackRouteTM we understood the significant talent requirement of the IT companies who are looking for professionals who can help them drive digital transformation strategies. Therefore, we have introduced pioneering programs in Digital Transformation tailor made and endorsed by the industry, to address the massive skill-gaps faced by the IT sector.

- Introduces pioneering programs in Digital Transformation the future of IT
- To offer futuristic programs in MEAN Stack, Internet of Things, Artificial Intelligence and Machine Learning, Design Thinking, Robotics, Virtual Reality, Cyber-Security and more under 'DigiNxt'
- Organizations to allocate 50% of IT budgets on new digital revenue streams by 2020 creating an unprecedented demand for over 1 Mn newly trained digital professionals

NIIT, once again revolutionizes the IT training and education landscape by introducing pioneering programs in Digital Transformation. The company will now offer futuristic programs like MEAN Stack, Big Data & Data Sciences Stack, Design Thinking, Cloud Stack, Internet of Things (IOT) Stack, Artificial Intelligence and Machine Learning, Robotics and Virtual Reality, Cyber-Security, under the DigiNxt Series brand umbrella. Through this significant move NIIT aims to totally re-align the Skills and Career Group to the changing future-skill-sets requirement of the industry to help create job-ready talent pool for the fast evolving global economy.

India, with a strong technology ecosystem of MNC R&D centers, service providers, IT global in-house centers and startups, is well placed to play a key role in the digital era. Indian talent can potentially power the digital transformation for enterprises around the world, and become a moon-shot economy. According to a survey, India is home to a digitally ready talent pool of 500,000 engineers suitable to execute digital transformation projects. This is expected to increase to over a million engineers trained in digital transformation technologies by 2020. Owing to this massive growth in demand, already today any entry-level and experienced professional with Digital Transformation Skills attracts 50% to 60% higher salaries than those with traditional IT skills.

Information technology has changed the way people work and the next ten years will be about transforming the businesses across all industry sectors. According to industry experts, digitally transformed organizations are 26% more profitable than their industry competitors. Global Spending on digital transformation technologies is expected to cross $2.1 Billion by 2019. By 2018, 35% of IT resources will be spent to support the creation of new digital revenue streams, and by 2020 almost 50% of IT budgets will be tied to digital transformation initiatives. All of these indicate that Digital transformation is going to drive the next phase of growth in the IT Industry. The process has already begun and is rapidly accelerating, with both IT companies as well as IT departments of large corporations scrambling to address the acute shortage of skills.

In October 2015, NIIT launched a revolutionary initiative - StackRouteTM to create multi-skilled and multi-disciplinary full-stack programmers. StackRouteTM has received overwhelming response from startups and major IT companies alike. Armed with first-hand knowledge of the talent requirements of technology backed organizations and an established proof of success in servicing the stringent internal reskilling requirements of these firms, NIIT will now offer retail training programs in Digital Transformation Technologies under the DigiNxt portfolio, to young aspirants wishing to enter the digital services industry, as well as to young IT professionals wishing to reskill themselves for the new digital world.

According to MIT Centre for Digital Business, 77% of organizations consider missing digital skills as the key hurdle to their transformation strategy. Therefore, Indian & Global IT Companies are investing heavily in building digital transformation skills to enable their clients transform digitally. As organizations are building talent pool, the most-sought after skill sets include: Product Engineering, Business Analytics, Cloud Technology and Architecture, Mobile Apps, Internet of Things and Machine Learning & Artificial Intelligence.

To cater to this need, NIIT is introducing career programs in Java Enterprise Engineering with DevOps, Big Data & Data Sciences, Web Technologies, Databases Systems, Cloud Computing, Mobile, Infrastructure Management Services (IMS), Cyber-Security, Enterprise Application, Telecom & Embedded Systems, Project Management, Internet of Things (IOT), Visual Design, Game Development, Design Thinking, Robotics, Artificial Intelligence and Machine Learning, and Virtual Reality. Graduates and graduating students in Science, Technology, Engineering and Mathematics will be eligible to apply for these programs. For more details, please visit

www.niitdiginxt.com

 
     
         

         
     
   
  Oshkosh Corporation Awards Managed Training Services Contract to NIIT  
 
 

Sapnesh Lalla
President, Corporate Learning Group, NIIT Ltd

We are honored that Oshkosh Corporation has selected us as its provider of custom content and curriculum design services. Our goal is to focus on providing learning content of the highest quality aligned with increased business impact and value,.

NIIT Limited, announced that it has been awarded a contract to provide managed training services to Oshkosh Corporation, a leading designer, manufacturer and marketer of a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies.

With this contract, NIIT's Corporate Learning Group will provide a host of learning services to Oshkosh Corporation.

 
     
         

         
  News@NIIT  
   
 
  A skilled Business Opportunity-Franchising World, March 2016  
  Big data value- The Pioneer, 20th January 2016  
 
     

     
 
  Campaigns  
 
 

 
     

         
  Environment Scan  
   
 
  Automation leads to 25 p.c drop in hiring at five IT firms- The Hindu, 09.03.16  
  SMEs new oppotunity for IT companies- DNA, 07.03.16  
  Tough times ahead Indian IT growth to slow down next- The Asian Age, 8.02.16  
 
     

 

 

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