Technologies such as artificial intelligence, cloud computing, data analytics, and machine learning have increased over the years that have become essential. As the world evolves, choosing a field and structuring your career is vital so that your job will still be in demand in several years. We compiled the top seven highest-paying jobs in IT and the annual salary in Ontario for you.
- Product Manager
Product managers are responsible for delivering an operating plan to help achieve strategic and tactical goals and objectives, building a product portfolio, managing and implementing marketing activities, and contributing to the product strategy and its vision.
Product managers make $85,000 in Ontario per year.
2. Artificial Intelligence (AI) Engineer
An artificial intelligence architect (AI) develops, manages and oversees AI initiatives within an organization. An AI architect should have deep knowledge of mathematics and statistics. The skills an AI architect must possess include:
· Have solid programming skills and know Python, R and Torch
· Understand how TensorFlow and other similar technologies work
· Have a clear understanding of technologies related to AI, including Machine Learning, Neural Networks and Deep Learning.
The annual salary of an AI engineer earns $92,804 in Ontario.
3. Full-Stack Developer
Today, there are over 23 million developers globally, and by 2023 it will reach 27.7 million – making it one of the highest-paid IT jobs in the industry. It isn’t easy to pin down a definition for a full stack developer, but the closest description would be someone well-versed in front-end and back-end development.
The average annual salary of a full-stack developer is $78,745.
4. Cloud Architect
Next on the list of highest-paying jobs in technology is cloud architect. A cloud architect deploys and oversees an organization’s cloud computing strategy and is typically responsible for developing cloud architecture, developing a cloud strategy and coordinating the implementation and deployment of it, and ensuring application architecture and deployments in the cloud environment are adequately done.
The average annual salary of a cloud architect is $120,908.
5. Software Architect
The highest-paying jobs in technology continue with Software Architect. A software architect optimizes the development process by making design choices and dictating technical standards such as coding, tools and platforms. As part of their role, they identify a customer’s requirements and perform hands-on work to develop prototypes.
The average annual salary of a software architect in Ontario is $129,722.
6. Big Data Administrator
Internet users generate about 2.5 quintillion bytes of data each day. To harness and gain insights from such massive data, over 97% of organizations are investing in Big Data and AI, making big data administrator next on the list of high-paying IT jobs. A big data administrator or architect plans, designs, and manages the entire lifecycle of large-scale developments and deployments of the big data applications.
The average annual salary of a Big Data architect is $105,882.
7. Data Scientist
A data scientist has become one of the highest paying jobs across industries and sectors since there has been a 29% increase in demand for data scientists over the years and a dramatic upswing of 344% increase since 2013. A data scientist analyzes and interprets complex data to help organizations make better and more timely decisions. Several key skills a data scientist should be able to:
– Understand Machine Learning algorithms
– Create data models
– Code in a language like Python, R, SAS and other analytical tools
The average annual salary of a data scientist is $95,000 in Ontario.
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