The field of technology has never stayed the same. Starting from the very basic tech to the most complex ones, this field offers various opportunities and has the highest growth potential for the future. The internet has become the key factor that accelerates the development of technology. With the Covid-19 pandemic, technology has now become a major part of all of our lives as almost everything from grocery shopping to business meetings is carried out over the internet. According to a study, it has been found that approximately 4.72 billion people are using the internet from various parts of the world.
Technology has made its presence very noticeable in the business world. Beginning with automation to human-like decision-making, technology is present everywhere. Especially during this time, where companies have adopted the work from home (WFH) trend, technology, in so many ways is helping carry out the business processes seamlessly. For instance, online communication tools, collaboration tools and many other tools prove to be very useful to businesses. It is for sure that the technology will only keep advancing in the upcoming years. For individuals who work in the tech sector, it becomes highly important to keep up with the changes and improvements in your respective fields in order to stay in the field for a long time. On that note, this article focuses on the emerging technologies that are likely to provide greater scopes in careers for fresh graduates and experienced professionals.
Top 5 emerging technology trends for a brighter career in 2021-25
1) Artificial intelligence
Artificial intelligence is the ability of a machine to perform tasks and think like human beings. At present, AI is yet to surpass the ability of complex human thinking capabilities but Elon Musk, a visionary and founder of SpaceX and Tesla, believes that AI would soon be able to perform more efficiently than human beings.
Artificial intelligence is widely being adopted by many industries across varied industrial verticals. In the financial sector, AI has been helping companies carrying out mundane and repetitive tasks such as employee payroll and accounting. AI has been enormously contributing to the healthcare industry in monitoring patience’ health, heart rate, etc. This field is still pretty much in its beginning stages. This means that there are a whole variety of opportunities available for anyone with a prior computer science background. Online courses are being offered by experts and professionals in the field of AI. Students who want to learn AI or professionals who want to stay updated can make use of such courses.
2) Cloud technology
Before the advent of cloud computing, industries used to spend huge amounts in setting up a server and maintaining it. An entire team would be dedicated to this. Any errors in the server affected the entire company. But with the help of cloud computing, businesses were able to store data on servers that were maintained and hosted by a service provider that is nowhere close to the company’s geographical location. Not only did it prove to be cost-effective as it deducts the infrastructure and maintenance cost, but it also improved productivity and offered flexibility to business operations. It is found that almost 94% of the companies are using cloud technology for their business operations.
Even the traditional business vendors and entrepreneurs have considered the advantages of the cloud and are shifting towards Cloud technology to pursue their businesses. This shifting of companies towards cloud technology has opened up various opportunities in this field such as cloud engineer, DevOps engineer, etc. Huge corporations like Amazon Web Services, Google and Salesforce are predominantly known for their cloud services. These companies offer training to students, fresh graduates and even experts related to cloud technology. People with a keen interest in Cloud can avail these opportunities to learn or level up for their career.
With the covid-19 affecting the entire world, lockdowns have been implemented to reduce the spread of the virus. This has majorly disrupted the business operations, especially in the manufacturing sector where employees cannot be physically present in the industries. Here is where the multipurpose, reprogrammable and automatically controlled industrial robots come into play to keep the business operations running smoothly. But even before this pandemic, robots were implemented for their precision and efficiency to automate redundant and repetitive tasks.
Robotics is being adopted in many industrial sectors, out of which it has noticeably been gaining sharp attention in the medical field for its capabilities to perform microscopic surgeries. Whilst top universities across the globe offer graduate programs in robotics engineering, a deep understanding of this concept is required to become a robotics engineer. Anyone with analytical skills and a computer science background can work their way to become a robotics engineer. Robotics is one of the top fields with massive career opportunities at present and for the future.
As mentioned earlier, the internet has now become very important in all of our lives. Massive amounts of information are being sent through the internet daily. Like talking to a friend or entering credit card information on shopping sites. With such data being shared over the internet, cyberattacks are becoming very common. Especially, the medical sector is being the prime target for prying eyes as it holds too much sensitive data such as patient’s identity details. Sharing personal data over the internet has to be done securely. Cybersecurity practices can be used to protect the data from theft and prevent damage.
In the business sector, any data breach or data compromisation would cause huge damages where the companies have to pay millions of dollars to repair the damage. Equifax, a global credit card rating company paid $147 million to repair the damages caused by the data breach. Such a big loss would disrupt the entire business. To prevent this from happening, companies hire cybersecurity experts to prevent data leakages and protect data. Even there are companies today that offer cybersecurity services. Cybersecurity is a field that will forever be in high demand. Students can do their higher studies or a master’s degree in cybersecurity. Cybersecurity experts can take up some courses that are available online on reputed educational platforms to keep themselves updated with the current scenario in the field.
Imagine a system that can potentially replace the existing working mechanism of financial systems by offering transparency and security to the data. Blockchain is nothing but a database where the data are stored in the form of blocks that are linked together forming a chain-like structure. Hence it got the name “Blockchain”. In a blockchain network, once the data has been entered, it becomes impossible to alter the data. To access a certain block of data, its previous or parent blocks have to be accessed that have hashed address values. This makes it impossible for a hacker to enter into the blockchain network.
At present, blockchain has found its way into the financial sector in terms of cryptocurrencies like Bitcoin (BTC) and Ethereum (Eth). As of early 2021, it has been found that there are 4000 different cryptocurrencies available in the market. Soon this technology will be adopted across various industries for carrying out business transactions using smart contracts as it could eliminate the need for the intervention of third parties and for its ability to track data. Blockchain offers enormous career opportunities in various fields starting from healthcare to finance. Blockchain engineering courses are being offered by experts in this field. Many of these courses can be found on top online educational platforms such as Udemy, Coursera and Khan Academy.
Apart from the above-mentioned emerging trends, other technological fields offer numerous career opportunities like the internet of things (IoT), Data Science, UX design, Machine learning, Virtual and augmented reality, etc. Opportunities are always abundant in the above-mentioned technological fields. With a keen interest and perseverance, people can excel in their respective fields and can stay in the game for a long time by making contributions to the betterment of the world.