NIIT and TALLY announce Strategic Global Alliance

NIIT, leading Global Talent Development Corporation and Tally Solutions (P) Ltd., leading Business Management Software Product Company, have entered into a global alliance to develop comprehensive business software professionals with particular expertise in Tally.ERP 9 product. This global Alliance will cover besides India, international geographies such as the Middle East, Africa, China & Asia- Pacific in a progressive manner, thus making available talent to power the growth of Small & Medium Business (SMB) enterprises, in these geographies. As per industry reports, India needs around 1.3 million business software trained manpower annually to fulfill the talent requirements of 8 million (IT ready) SMB units. The programs offered by NIIT and Tally will cater to the requirement of trained business software professionals for the SMB sector.

Bharat Goenka, Managing Director, Tally Solutions (P) Ltd. remarked, 'This strategic partnership with NIIT will enable us to create skilled Tally professionals for the growing IT needs of the SMB sector in India and abroad. It will leverage the tremendous potential that the Tally product has generated across industry, and empower an upwardly-mobile SMB segment with aptly-skilled manpower.' The uniqueness of this strategic alliance stems from the fact that this is the first global alliance aimed at developing talent for the Small & Medium Businesses. The programs being announced include training on the latest Tally.ERP 9 software, as well as business processes & soft skills – all of which are required for the comprehensiveness of trained professionals for this sector. NIIT and Tally will also partner in the ongoing challenge of content creation for various levels of training towards this end.

'This alliance will lead to creation of highly-skilled and comprehensive business software professionals for the SMB sectors in India and overseas,' said Vijay Thadani, CEO, NIIT Limited. Both the companies had entered into a MoU in June 2009. NIIT has been offering   'Beginner Training Programs on Tally.ERP 9', at identified Education Centres.  Under the global alliance- NIIT will now extend its offering to comprehensive programs in Business Software with the 'Diploma in Tally.ERP 9 & Business processes' – a program for Commerce students. The program will cover Tally.ERP 9 software that enables professionals to manage businesses with ease and efficiency.  Further programs envisaged include a series of programs namely, “Tally for Entrepreneurs', 'Tally for Functional Heads' such as Purchase, Manufacturing, etc.

With globalization and rapid growth in economy, professionals who can manage finances efficiently to support financial viability and growth of companies, are in huge demand. Some sectors that are facing shortage of skilled finance professionals are KPO, Financial BPOs, Business consulting firms, Banking, Insurance, SMBs (small and medium businesses) and Retail (organized & unorganized). Small and Medium Businesses (SMBs) in India, which account for over 90% of industrial units, are witnessing rapid growth. SMBs are likely to contribute over 44% to the country's export revenues in the next 5 years. To live up to this challenge, over 55% of SMBs in the country are aggressively upgrading themselves technologically to reduce their input costs and increase production.

In the first phase, NIIT and Tally will launch the Program in Nigeria, Ghana, Sri Lanka and Bangladesh, besides India. The program will be then taken to other countries of mutual interest, progressively. 'Through this strategic alliance with NIIT, we are looking at training 1,00,000 high quality ERP professionals over the next 3 years, with the current set of programs' added Avinash Gupta, President, Tally Solutions (P) Ltd. The professionals will be comprehensively trained on Business Processes and Advanced Excel. Stressing on enhancing employability, Soft skill modules will be incorporated in the program and NIIT will provide placement assistance to the students.