The highest paying jobs: The digital transformation in all industries due to the pandemic, coupled with technological advancements, has resulted in a shift in the skills required in various business functions. Companies have had to quickly move their operations online and increasingly harness technology and data to reach customers, understand their needs, and deliver products and services in an increasingly competitive business environment.
This digitization has resulted in an increased demand for skilled talents with specific skills and technical qualifications to meet the new challenges facing businesses.
Organizations increasingly need professionals with expertise in emerging fields such as data science, data analytics, AI, blockchain, cloud computing, cybersecurity, digital marketing and management of products.
These skills are now essential for organizations wishing to participate and win in the digital economy and for individuals to distinguish their profiles.
Candidates with these skills find employment in positions such as AI specialists, cloud architects, blockchain developers, data analysts, and robotic engineers.
Such career opportunities come with lucrative packages, where an aspirant can earn between 6 and 70 lakhs depending on their role in industries such as IT / ITES, BFSI, e-commerce, healthcare and fintech, among others.
As we move into 2022, many professionals plan to take their careers in a new direction by making the transition to a new field. For them to adapt and get ahead, it is important to perpetuate their skills by improving their skills in new age areas.
Here is a list of the highest paying jobs for the coming year:
1. Data scientists
With businesses going digital and producing massive volumes of data, data scientists are among the most sought-after professionals. According to a report from Indeed, there has been a 29% year-over-year increase in demand for Data Scientists.
Organizations actively recruit data scientists with programming, data visualization, and machine learning skills to help them make data-driven business decisions.
With this huge demand, data scientists may be looking to earn a base salary 36% higher than most professionals in the analytics industry.
Ideally, a newbie Data Scientist in India earns between 5 and 7 lakhs per year, 12-15 lakhs per year at the intermediate level, and can go up to 21-25 lakhs / year at the senior level.
2. Cyber ââsecurity specialists
Cyber ââsecurity specialists
Due to widespread digital transformation, the need to protect data and digital assets has become a priority today.
The tech industry has seen a growing demand for highly skilled cybersecurity professionals with problem-solving, analytical, and forensic computing skills to decode and trace all computer movements.
Cyber ââsecurity professionals ensure that individuals, governments and businesses are equipped against all kinds of cyber threats and crimes.
Professionals in this field make approx. 6 lakhs / year at entry level, 10-12 lakhs / year at intermediate level and 30-40 lakhs / year at senior level.
3. Cloud engineers and architects
Cloud engineers and architects
The cloud is the future of all organizational and consumer operations. Cloud software engineers, cloud architects, and cloud infrastructure engineers are highly demanded roles that ensure the best offerings in the industry.
According to a recent IDC report, India’s public cloud service market will reach $ 10.8 billion by 2025.
Professionals with a cloud computing degree, with skills in programming, database management and Linux could see their salaries increase by up to 60%.
Candidates for Cloud Computing earn 6-8 lakhs / year at entry level, 10-12 lakhs / year at intermediate level and 30 lakhs / year at senior level. Some seasoned experts in the field can earn up to 70 lakhs / year.
4. Product managers
Product managers wear many hats as technology experts, management professionals, communicators, and success evangelists and are often seen as mini-CEOs responsible for launching and updating product functionality.
This is one of the most sought after roles lately.
According to PayScale, the average salary for product managers in India is Rs 17,41,318 per year and can go up to lakh 20 per year with relevant experience and skills upgrading.
5. Full Stack Developers
Full Stack Developers
Recent reports show that there has been a 20% increase in demand for Full-Stack developers in India.
Professionals with knowledge of front-end and back-end development, version control system, coding skills, cloud and database skills as well as proficiency in Python, Java, CSS, RubyonRails and more. ‘other coding languages, can expect high paying jobs from startups and top multinationals with 5-6 lakhs / year at entry level, 8-10 lakhs / year at intermediate level and 10-12 lakhs / year at senior level.
With so many career choices available and with very strong hiring trends for candidates with digital skills, 2022 promises to be a great year for those with the right skills.
Enrolling in the appropriate professional certifications and training will certainly help learners advance in their careers and make the transition to high growth opportunities.
Article by Arjun Nair – Co-founder, Great Learning.
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