In an endeavor to address the growing need to up-skill students to create a future-ready workforce, Panasonic India, a leader in innovation and technology, today launched its two education-based solutions: CareerEx and XceIIT.
CareerEx has been built to help students in college and university to enhance their skillset with emerging technologies like Data Science, Cloud Computing, Machine Learning, Artificial Intelligence and the Internet of Things. XceIIT is primarily for school students who are living in Tier II & III cities, to help them prepare for the competitive examination.
The solutions which were designed and developed at Panasonic’s India Innovation Centre (IIC), was launched today at Vigyan Bhawan for the institutes by Mr. Anil Sahasrabudhe, Chairman, AICTE, M.P.Poonia, Vice Chairman, AICTE, and Dr. Antriksh Johri, Director, CBSE.
As per the data released by the Centre for Monitoring Indian Economy’s (CMIE), the unemployment rate in the urban youth is very high; in the age group of 20-24 years, an unemployment rate of 37 percent was reported whilst graduates amongst them reported an alarmingly higher unemployment rate of over 60 percent.
In order to bridge the existing skill gap between current education and employment needs for the future, educational solutions have been designed for schools, colleges, and universities, by Panasonic at its India Innovation Centre (IIC).
“We are committed to contributing to the evolution of the communities we operate in. In India, we have already introduced innovative solutions in health care, retail, enterprise, and asset tracking across industries. Through the launch of CareerEx and XceIIT, we hope to develop another innovative Edu-tech solution to upskill technology talent pool to address the unemployment rate amongst urban youth and at the same time cater to the demands of the industry. We are looking to positively impact nearly 1,00,000 students over the next five years,” said Atsushi Motoya, Head, Panasonic India Innovation Centre.
“India is rapidly moving towards becoming a digitally advanced country and we are witnessing a significant change in the way businesses are transforming. Bridging the required skill gap and building a future workforce ready for the next phase of technological disruption, is the need of the hour. With this objective, we at Panasonic are focusing on the grassroots level and we will continue working with student communities across India to keep them informed of the emerging technologies, enhance skill-sets and provide career guidance,” said Pankaj Rana, Business Chief, Sanyo, and eCommerce, Panasonic India.
Panasonic’s educational solutions CareerEx and XceIIT are available on both Android and iOS application stores. Panasonic has collaborated with specialised educational partners to provide expertise for this program. While students can look at increasing their employability, educational institutions can enable students with in-demand job skills and thus, improve their rankings and the industry can save on fresher recruitment and training costs.