The road ahead: New-age career options and skill sets for 2021

December 28, 2020 1:45 AM

Skill sets that help make technology adoption easier for companies are likely to be popular in 2021 and the years beyond

There will be widespread adoption in fintech and other BFSI (banking, financial services and insurance) operations with blockchain being at the core of business advancement.There will be widespread adoption in fintech and other BFSI (banking, financial services and insurance) operations with blockchain being at the core of business advancement.

By Nikhil Barshikar

The year 2020 was the one in which every element of the ecosystem witnessed a paradigm shift, paving the way for the ‘new machine age’ resulting in business operations and jobs changing drastically. Owing to the acceleration in the adoption of digitalisation across industries, here are the new-age career options and skill sets that will open new opportunities for job seekers in 2021.

Cloud architect/cloud developer
Covid-19 has accelerated cloud adoption, making cloud computing one of the fastest-growing technologies in 2021. According to a recent report, 88% of the organisations currently are using some form of cloud infrastructure.

Cybersecurity analyst
The exponential increase in cybercrimes such as breaches and phishing means global businesses will contribute approximately 12% CAGR in cybersecurity IT spending by 2021. New opportunities will open for cybersecurity analysts, information security analysts, security consultants, and more.

DevOps/cloud DevOps engineer
Infrastructure as Code (IaC) DevOps engineers will be required to deliver a secure infrastructure control system allowing decision-makers to revert to the reliable configuration in case of any catastrophic failure. DevOps engineers/cloud DevOps specialists will play a key role to ensure secure deployment to cloud-based services.

AI/ML engineers
Artificial intelligence and machine learning have taken the world by storm, especially in the current times when businesses need to reinvent their models as a result of the pandemic fallout. A TeamLease Services Report projects approximately 440,000 AI-related jobs worldwide. Some of the key trends to unfold in 2021 include commercial deepfake videos, AutoML, AI/ML in business forecasting and analysis, AI/ML in hyper automation, etc. The use of AI and ML in marketing for automated decision-making will continue to make marketing more intelligent in 2021.

UX/UI designers
Consumers have drastically shifted to online products that are convenient and easy-to-use with a user-friendly interface. Therefore, product design specialists such as UX/UI designers will be in high demand to solve everyday problems by creating innovative web-based solutions.

IoT engineer/developer
The Internet of Things (IoT) is the key focus area of the global technology industry. Roles of IoT architecture development, engineering and analysis are set to witness a boom in 2021 owing to a concrete interest from both the government and the private sector in IoT. In addition, the 5G technology will also play a massive role in IoT advancement in 2021.

VR/AR/MR developers

Virtual reality, artificial reality and mixed reality are also career options owing to the five key industry trends in 2021, including:

  • Increased merger of AI with AR & VR;
  • Widespread use of AR and VR in most consumer products;
  • Greater remote assistance;
  • Improving navigation and transportation operations; and
  • Boom in virtual events due to the Covid-19 lockdowns.

Finance
There will be widespread adoption in fintech and other BFSI (banking, financial services and insurance) operations with blockchain being at the core of business advancement. Furthermore, cybersecurity in the BFSI sector will open new roads for aspiring candidates.

Digital marketing
Most businesses, in the wake of the pandemic, have shifted to building a digital presence. Large brands were already using big data, smart devices, AI/ML with AR, VR and MR to understand their customers. Voice-based searches are also becoming popular amongst consumers. Digital marketers excelling in hyperlocal marketing and geo-fencing skills are likely to have an edge over others.

Thus, with technology integration being the core of business advancement in the current times, all the new-age career options and skill sets making technology adoption easier for companies are likely to be popular in 2021 and the years beyond.

The author is founder & CEO of Imarticus Learning, the edtech company

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Class 10 Boards Results: CBSE, other state boards set evaluation criteria; here’s all the details
2IGNOU admissions: Online registrations for July 2021 session begin online, check last date, how to apply
3QS ranking: IIT Kharagpur jumps 34 places to reach 280th spot globally