Why companies like Wipro, Accenture, IBM and others are tying up with upGrad, Simplilearn and Udacity

Amid disruption and rapid evolution of skills needed at the workplace, technology firms have a new modus operandi — partnering edtech firms.
Companies like Wipro, Accenture, IBM and others are tying up with edtech partners like upGrad, Simplilearn and Udacity to have a ready-trained workforce they can deploy on projects. Additional benefits include minimal training cost incurred post recruitment and a lesser churn as learners develop more ownership in their roles.
The edtech firms provide campus recruits the required platform, content, assignments and project work in their last semester of college to ensure they are prepared with programming skills and emerging digital skills before they join.