Technology is emerging as a backbone in every sector of the commercial world. It is playing a dominant role in several traditional areas like banking, securities trading, risk management, healthcare etc. There is a great scope for young professionals to take up these challenging tech roles rather than restricting themselves to traditional areas. Let’s have a look at what some of these roles are:
Artificial intelligence (AI), also known as machine intelligence. It is a branch of computer science that aims to instil software with the ability to analyze its environment using either predetermined rules and search algorithms, or pattern recognizing machine learning models. Decisions can then be based on such analysis. AI is the new user interface. As an AI aspirant, you have ample of job opportunities in this field.
Till recently, Virtual Reality (VR) was a technology greatly allied with gaming. Now, we see its application in commercial and social arenas. For example: Architects convert their 2D plans/maps of houses/ buildings into 3D images by using VR software which are more appealing. Clients can experience walk-through of a building before it is made by using VR technology. Higher education institutes are considering the application of VR to create virtual classrooms. There is going to be an abundant demand in the future for VR developer jobs.
Data security is the biggest challenge before the corporate world. Sectors like banking, securities custodians, exchanges etc. are very sensitive to data breach. In a recent example, INR 96 crores got transferred to several international locations by hackers from a cooperative bank. Any lapse of cyber security even for a few seconds could lead to multiple disasters for corporates. There is a huge demand for cyber security professionals and in future, this demand will grow exponentially.
IoT is a combination of different technologies like sensors, communication technologies, networking protocols, cloud technology etc. An IoT developer should possess skills of analyzing and gathering large data for decoding patterns and predicting outcomes. There is a huge industry demand for expert IoT developers.
Data scientists are professionals who interpret large and more complex data sets including structured and unstructured data. They design experiments to solve problems with code. It is built on predictive models and machine learning algorithms. It helps businesses make appropriate decisions. There is a great demand for data scientists in the industry.
Now, there is great demand for data analysts and their demand will grow exponentially in future. Data needs to be tagged and processed to enable effective machine learning. Here, the job of a data analyst comes to play.