Here is my take on the video 1) Example of Mohit Joshi was valid but for the wrong reasons. The reason people like him are wanted is cause they have contacts and can help get business. It has less to do with the industry business process flow and more to do with how to get clients in the industry 2) Hard core consulting firms like the big 4 are already deploying AI to replace domain knowledge. The way that works is it takes confidential documents of companies and publically available knowledge and gives answers. To the extent that it will list out processes in a jiffy. So for a solution provider these things get available with little to no industry knowledge. So domain knowledge is already loosing its sheen, it was important a decade ago... not now as much
Lay off may stop but the negative environments like professional jealousy lack of organized work playing sympathy cards cornering hardworking employees will definitely continue in indian IT environment
I have extensive experience in chemical manufacturing, retail and health-care. But no one asks me on these domain knowledges in interview board. They ask " have you worked on azure data factory", "AWS glue" and so on. They do not realizes that these tools can be aquired in no time for a 26 years of experience person. But still. I am layoffed for last 3 months. Even with so much technical experience, it is hard to find a job.
Its because of your age...Pvt genz coroporte jobs are only for younger ones...I work in one of the most leading US Staffing company and all employees their are young (
@@S1KrrSoCal I have done freelancing too. Too much competition. I generally do high value freelancing. Now a days due to too much competition it is tough to get proper value.
Hi Pavan, Yes, our organization providing me a very deep industry knowledge. In fact our senior leaders in say that "Domain knowledge is the key component of a company and you cannot replace it"
I've been working as a developer in the Insurance industry and yes, we are taught industry knowledge and get to take industry training for free from within the company.
By the time an IT professional hits mid 30s, he/ she must have a working domain knowledge of at least 2 vertical and one service horizontal along with bringing in expert level deep domain knowledge of at least 1 service vertical or horizontal on the table. This isn't easy but isn't all that difficult either provide one is absolutely focused on the objective. One may find or get relevant opportunities to work in these vertical(s) and horizontal(s) or would have to actively seek such opportunities within the organisation or outside. This greatly helps in crafting out a clearly well defined career path for the next 7-10 years where the person gets to hone organisational expertise and become more of a high-value strategic resource rather than remaining just another drop in the sea of tactical white collar workers.
@@sahanakumar8314The response to this question is a vast topic in itself and a whole book can be written on this topic alone but I'll try explaining briefly. Industry verticals are basically the broad categories of businesses bucketised into a group; e.g. BFSI is a vertical which contains all companies that are in the Banking, Financial Services, and Insurance space so that's a vertical. Industry horizontals are basically service lines which run across industry verticals. In simpler words, these are services which are required in all businesses; e.g. HRMS which is basically solution catering to managing HR services of an organisation. HR as a business function runs across all industry verticals or is present/ required in all different types of companies, be it a manufacturing company, a technology company, or a retail enterprise. The tech architecture or solutions must keep in mind the industry vertical a business operates in since different verticals or categories of businesses would work very differently and would have different use case and customer touchpoints. Solution or the tech architecture is the key driver and supporter of workflows and touchpoints in an organisation and hence, it needs to be tailored to not only drive efficiency, accuracy and lower costs but also drive ease of adoption, drive engagement, and allow for future transformation.
Sir I Need Your Help please Give Your Guidance i am Class 12 Student COLLEGE Forms Are Out I am Commerce With Maths Students Please suggest Me Best Course Of Course NOWADAYS TO APPLY IN COLLEGE 🙏🙏🙏🙏
Hi ..pls Do a video on your journey and explain everything clearly how you did step by step and connected your journey and how to analyse a company and its sources..it May help lot of people
Since I am in testing with 12 years experience and most of my experience was with telecom ,insurance, and Health, later Retail and Investment banking i have got the chance to attend telecome 101 and Insurance 101 as part of industry experience.
Not really in structural way, It would be like it would " Earlier you supported retail chain project you next preference or nominated on similar lines that way get to learn domain, So far i got to into Retail/BFSI/Auto , Expectation is how the whole domain works are most tools/way of work match with 10- 20% differences.
Hi Pavan, I have a choice to work on supply chain(demand forecasting, inventory optimization, etc) or finance(credit score, insurance) domain in data science field. Which from the above two domain will have more future opportunities in terms of monetory and jobs perspective?
I have done my B. Tech in Civil Engineering in 2020 so which industry should I go for now IT/Finance & Mgmt or Construction as I have the domain knowledge but I don't have any interest in Civil Engineering as it is slow and Not High Paying?
What ! - how can you even compare industry experience for a CEO candidate with tech stack of a software engineer. Who is this video targeted at? Giving an example of CEO candidate does not seem to be the right argument here
Hi Pavan, good video!! I have one question which is unrelated to the video. Most of my clients are from United States therefore I have work life imbalance. If I think of going for masters, there are three major show stoppers. 1. Masters in CS/data is academic oriented and less on industry skills (As per friends suggestion). 2. I know a lot of people personally who has done masters and returned to India because of H1B issues. 2. Tuition fee now a days in USA has grown by atleast 10-12 percent (not throwing random numbers) in comparison to pre covid time. Is there any way to work in USA without having a masters?
I work for a Car Wash company based out of USA but from India. I earn about 80k USD and my boss and my CFO keeps imparting the industry knowledge. FYI, I’m a hardcore tech guy who chose to take irrational bets unlike most FAANG enthusiasts ( Naval fan here)
Hai sir iam from hyderbad, I graduated from b pharmacy recently with an average profile can I get into mckinsey with b pharma graduate by doing mba or should I think any other option to get into mckinsey
These youtubers with zero knowledge about any tech things will easily lay a caption with 'layoff ' and gain views.layoffs are far better than listening to this stupid lectures
Vignesh, listen and then comment. How do you know - I have zero knowledge. Mind your words. If you want to pass on some loose comments - this is not the right place.
"These youtubers with zero knowledge". I was being kind enough and termed this as "loose"! Show it to any elderly figure in your family and ask them how they would feel about this comment.@@vigneshradhakrishna6548
Check out the TH-cam community tab on this channel itself to solve today's challenge:)
It is. I already see folks responding. youtube community within this channel only.@@shashankshekharjha4481
Here is my take on the video
1) Example of Mohit Joshi was valid but for the wrong reasons. The reason people like him are wanted is cause they have contacts and can help get business. It has less to do with the industry business process flow and more to do with how to get clients in the industry
2) Hard core consulting firms like the big 4 are already deploying AI to replace domain knowledge. The way that works is it takes confidential documents of companies and publically available knowledge and gives answers. To the extent that it will list out processes in a jiffy. So for a solution provider these things get available with little to no industry knowledge. So domain knowledge is already loosing its sheen, it was important a decade ago... not now as much
Huhuxhughcgghiguizhiĝx9chhu9uucgu8ĝuohhhhĥhhhihhgc😊uhhuvģhj8ĥhjj ĥohoĥvgxgv0h.jhvĥ ĥu@@Pavansathiraju
Thank you Pawan , I am getting different perspective and knowledge from your videos.These are really helpful.
Lay off may stop but the negative environments like professional jealousy lack of organized work playing sympathy cards cornering hardworking employees will definitely continue in indian IT environment
Working and studying in India sucks ass
India specific companies*. Foreign companies dont value this bd culture or ego.
The Process group should be given more importantance than delivery team to solve it to some extent
I have extensive experience in chemical manufacturing, retail and health-care. But no one asks me on these domain knowledges in interview board. They ask " have you worked on azure data factory", "AWS glue" and so on.
They do not realizes that these tools can be aquired in no time for a 26 years of experience person. But still.
I am layoffed for last 3 months. Even with so much technical experience, it is hard to find a job.
Its because of your age...Pvt genz coroporte jobs are only for younger ones...I work in one of the most leading US Staffing company and all employees their are young (
do freelancing
@@S1KrrSoCal I have done freelancing too. Too much competition. I generally do high value freelancing. Now a days due to too much competition it is tough to get proper value.
3:39 no sir, at infosys we don't even get time to upskill on our own, Please tell us how to learn industry-specific insights
Thanks Pavan for sharing the insights,very interesting video.
Hi Pavan, Yes, our organization providing me a very deep industry knowledge. In fact our senior leaders in say that "Domain knowledge is the key component of a company and you cannot replace it"
Which company if you don't mind
I've been working as a developer in the Insurance industry and yes, we are taught industry knowledge and get to take industry training for free from within the company.
Thank You for everything Pavan sathiraju
By the time an IT professional hits mid 30s, he/ she must have a working domain knowledge of at least 2 vertical and one service horizontal along with bringing in expert level deep domain knowledge of at least 1 service vertical or horizontal on the table. This isn't easy but isn't all that difficult either provide one is absolutely focused on the objective. One may find or get relevant opportunities to work in these vertical(s) and horizontal(s) or would have to actively seek such opportunities within the organisation or outside. This greatly helps in crafting out a clearly well defined career path for the next 7-10 years where the person gets to hone organisational expertise and become more of a high-value strategic resource rather than remaining just another drop in the sea of tactical white collar workers.
what do you mean by service verticals and horizontals?
@@sahanakumar8314The response to this question is a vast topic in itself and a whole book can be written on this topic alone but I'll try explaining briefly. Industry verticals are basically the broad categories of businesses bucketised into a group; e.g. BFSI is a vertical which contains all companies that are in the Banking, Financial Services, and Insurance space so that's a vertical. Industry horizontals are basically service lines which run across industry verticals. In simpler words, these are services which are required in all businesses; e.g. HRMS which is basically solution catering to managing HR services of an organisation. HR as a business function runs across all industry verticals or is present/ required in all different types of companies, be it a manufacturing company, a technology company, or a retail enterprise. The tech architecture or solutions must keep in mind the industry vertical a business operates in since different verticals or categories of businesses would work very differently and would have different use case and customer touchpoints. Solution or the tech architecture is the key driver and supporter of workflows and touchpoints in an organisation and hence, it needs to be tailored to not only drive efficiency, accuracy and lower costs but also drive ease of adoption, drive engagement, and allow for future transformation.
Now a days technology trends is Data Science and AI, if someone is skilled in this area of technology , he or she get good salary packages.
We are building contextual masters across all domains. This helps associate & organisation.
got banking knowledge along with mainframes while working with danish company bankdata
No didn't get knowledge in Industry.
But what is the difference between functional knowledge and business knowledge?
when the company released the fresher's offer letter
Sir I Need Your Help
please Give Your Guidance
i am Class 12 Student
COLLEGE Forms Are Out
I am Commerce With Maths Students
Please suggest Me Best Course Of Course
NOWADAYS TO APPLY IN COLLEGE 🙏🙏🙏🙏
Yes in health care by cognizant
Hi ..pls Do a video on your journey and explain everything clearly how you did step by step and connected your journey and how to analyse a company and its sources..it May help lot of people
Correct Pavan❤
Sir... How to get and from where to get information... Which domain is growing.. and what is their profits
Since I am in testing with 12 years experience and most of my experience was with telecom ,insurance, and Health, later Retail and Investment banking i have got the chance to attend telecome 101 and Insurance 101 as part of industry experience.
Thanks for sharing your valuable knowledge with us ..could you please help us know how to move from technologies to industry?
Not really in structural way, It would be like it would " Earlier you supported retail chain project you next preference or nominated on similar lines that way get to learn domain, So far i got to into Retail/BFSI/Auto , Expectation is how the whole domain works are most tools/way of work match with 10- 20% differences.
Hi Pavan, I have a choice to work on supply chain(demand forecasting, inventory optimization, etc) or finance(credit score, insurance) domain in data science field. Which from the above two domain will have more future opportunities in terms of monetory and jobs perspective?
Why you used java vs python scam title picture
For a developer technical is more important than domain knowledge.. nobody ask about domain in interview
Yes Retail sector by Infosys
how to gain industry knowledge in a structured way ?
I have done my B. Tech in Civil Engineering in 2020 so which industry should I go for now IT/Finance & Mgmt or Construction as I have the domain knowledge but I don't have any interest in Civil Engineering as it is slow and Not High Paying?
Yes insurance from cognizant
yes, comcast
Your video is absolutely Amazing but thumbnail?? Not related???
Digital transformation Xerox
What ! - how can you even compare industry experience for a CEO candidate with tech stack of a software engineer. Who is this video targeted at? Giving an example of CEO candidate does not seem to be the right argument here
Hi Pavan, good video!!
I have one question which is unrelated to the video. Most of my clients are from United States therefore I have work life imbalance. If I think of going for masters, there are three major show stoppers.
1. Masters in CS/data is academic oriented and less on industry skills (As per friends suggestion).
2. I know a lot of people personally who has done masters and returned to India because of H1B issues.
2. Tuition fee now a days in USA has grown by atleast 10-12 percent (not throwing random numbers) in comparison to pre covid time.
Is there any way to work in USA without having a masters?
Layoffs caption is just to increase views this guys playing with our brans
Arey dude, just check the video!! Before writing your comment..
@@Pavansathiraju ok sorry
I work for a Car Wash company based out of USA but from India. I earn about 80k USD and my boss and my CFO keeps imparting the industry knowledge.
FYI, I’m a hardcore tech guy who chose to take irrational bets unlike most FAANG enthusiasts ( Naval fan here)
@amitesh-rai sir Can I connect with you somehow is there any way to connect with you Via linkedin Or anything
Hai sir iam from hyderbad, I graduated from b pharmacy recently with an average profile can I get into mckinsey with b pharma graduate by doing mba or should I think any other option to get into mckinsey
Yes John Deere
No.. industry knowledge
Did he say tech Mahindra didn't go behind a full stack dev for the CEO position? Lol
Lol. No leadership role requires you to be an AWS developer or full stack guy.
👍🙏
These youtubers with zero knowledge about any tech things will easily lay a caption with 'layoff ' and gain views.layoffs are far better than listening to this stupid lectures
Vignesh, listen and then comment. How do you know - I have zero knowledge.
Mind your words. If you want to pass on some loose comments - this is not the right place.
@@Pavansathiraju - Loose comments? Great now you want to teach about where and what to comment.
"These youtubers with zero knowledge". I was being kind enough and termed this as "loose"! Show it to any elderly figure in your family and ask them how they would feel about this comment.@@vigneshradhakrishna6548