Skill development platform NIIT has entered into a strategic partnership with IT major HP to offer Post Graduate Certificate Program (PGCP) in software testing.
According to Nasscom, the software testing outsourcing market is expected to grow from $30 billion in 2010 to $50 Billion in 2020 worldwide and India is expected to be the biggest beneficiary.
“With the global software testing market witnessing a robust growth at a CAGR of 11 per cent over the period 2013-2018, we have observed a growing demand for software testing professionals in India,” said Shivan Bhargava, Group President, Skills and Careers Group, NIIT Ltd.
As per Nasscom, the Indian software testing market is expected to grow to $15 billion by 2020.
“Taking cognizance of the opportunity in this space, we have entered into a partnership with the global leader HP to create a pool of world-class software testers in India,” said Bhargava.
Post the acquisition, Shares of NIIT gained as much as 3.5 per cent on Monday. The stock hit a high of Rs 97.80 and a low of Rs 94 so far during the day.
The small-cap company has equity capital of Rs 33.07 crore. Face value per share is Rs 2.
Engineering graduates from IT, BCA, BSC background with minimum 50 per cent marks in their bachelors can apply for this course. The first batch commences from 21st December, 2015. After successful completion of the program students will be awarded with a joint certificate from HP and NIIT.
BW Reporters
The author is Senior Correspondent with BW Businessworld
