A new age of future jobs: Top 4 thriving skills in demand for 2020
New technological developments are shortening the life cycle of prevailing tech. Hence, there is a constant need for employees to stay up to date. This has become critical to survival in the industry. New upcoming technologies are making tech systems faster, superior and agile. Which technologies will be the movers and shakers in the world of tech in 2020? TalentEdge deep dived into the demand that it has seen on its unique online realtime classroom and identified the following tech skills that will be popular in 2020:
Blockchain technology is becoming one of the most thriving skills in the IT job market. In February 2019, the online job search site Hired reported demand for blockchain engineers was "through the roof," with year-over-year growth of more than 200%. Blockchain tech has gone far beyond its beginnings in banking and cryptocurrency. Now, industries like transportation, logistics, healthcare, insurance, manufacturing, digital payments, gaming and cannabis are making blockchain an integral part of their business.
The blockchain talent pool in India leads by a margin of 40% compared to Australia, China, Singapore, and Japan the five countries with the significantly large blockchain talent pool. The demand has grown by 115 per cent between 2016 and 2017 and the industry is expected to reach USD 7.7 billion in 2022, which is indicative of even more jobs.
Artificial Intelligence and Machine Learning:
Talentedge has witnessed strong demand for its AI and ML course for its unique value proposition. It’s futuristic curriculum not only provides hands-on experience on various industry-relevant programming and tools but also covers advanced concepts namely Robotic Process Automation and Developing Intelligent Bots.
Big Data Analytics:
The tremendous increase in data has given birth to Data Science, which has further divided into Machine Learning, Artificial Intelligence, Deep Learning, and more. According to IBM, an increase by 364,000 to 2,720,000 openings will be generated in the year 2020. This demand will grow further to an astonishing 700,000 openings. The demand for data scientists will rise by 28% by 2020 alone. Talentedge offers an Executive Certificate Program in Big Data Analytics that can help enhance the skill set. The program is designed to an upscale working knowledge of Statistics, understanding the concepts of Data Mining, Data Science with R, Python or SAS, Application of ML, Deep Learning and AI, Software Programming Languages, Database Management, and lastly Data Visualisation can help to succeed in this ever-evolving field.
The cybersecurity industry is flooded with opportunities to earn great amount while being instrumental to the safety of the world. According to a recent workforce development survey, 59 per cent of organisations have vacant cybersecurity positions, suggesting a shortfall of 1.5 million by 2020 globally. This has lead to demand for beginner level roles to C-suite executives in cybersecurity. Some of the popular roles that are picking up in cybersecurity are Cybersecurity analyst, Cybersecurity Manager, Security Architect and Chief information security officer.