According to the World Economic Forum’s Future of Jobs Report, 50% of all employees will need to reskill by 2025 as the adoption of technology increases, reports CXOToday. New technologies will come up which makes it essential for the professions to keep relearning to stay ahead in the game – and the specific skillsets required to stay afloat in the new business normal. These are the top 5 tech skills you should possess from this year onward.
- Data analytics and data science
Data will continue to rise to become a crucial component for organizations and governments for its ability to help make decisions based on facts and trends. By 2025, the world will create and replicate estimated 163 zettabytes of data or 10 times the number that was created in 2016. Data analysts and data scientists have become hot commodities for organizations who need professionals to store, process, and analyze data to answer critical questions and make predictions to solve problems, and make informed decisions.
As demand continues to rise, organizations are facing a shortage of qualified individuals with this specific skill set. Data analysts and scientists are already playing a big role in the health care industry during the COVID-19 pandemic. Almost all the experts believe that data science and analytics will be important skills as they navigate the current roadblocks to continue to grow.
2. Artificial Intelligence & Machine Learning
It’s becoming hard to point to an aspect in our life that doesn’t involve AI. AI and machine learning are used to identify patterns and trends that humans can’t see or process using traditional methods and automate work seamlessly. It has become a key market differentiator across industries today. Finance companies are leveraging AI-based capabilities to optimize their business processes and deliver a personalized customer experience. AI could contribute up to $15.7 trillion to the global economy in 2030. Of this, $6.6 trillion is likely to come from increased productivity, according to PricewaterhouseCoopers. Given the fact, AI and machine learning are amongst the most sought-after skills by employers and employees alike. We can expect a significant rise in demand for talented prospects like AI specialists, data scientists, and business intelligence developers this very year and beyond.
3. Cloud computing
Cloud enables dynamic and remote business operations without compromising speed or operational efficiency. It’s a game-changer that has evolved into a mainstream approach for IT as it brings immense value for organizations irrespective of their size. Led by platforms like AWS, Microsoft Azure, Google Cloud, Oracle Cloud, among others, the cloud is enabling new channels of revenue by leveraging technologies like AI/ML, IoT, and blockchain and cloud specialists are in high demand in economic recovery, much of what has accelerated during the pandemic, according to CXO Today.
Organizations continue to hire experts to develop and maintain robust cloud applications in the coming years. According to McKinsey, “Organizations around the world will be looking to hire or reskill at least one million new cloud developers over the next three years” with a primary focus including cloud architects, administrators, and other cloud specialists.
4. Cybersecurity
Since the beginning of the pandemic, the digital world has remained a playground for cybercriminals who have developed new and devious tactics to obtain sensitive data. As the volume, frequency, and creativity of cyber security breaches grow, so does the shortage of cyber security professionals with the appropriate skills to defend organizations, government, and military networks. The global shortage has, in the end, created an in-demand market for professionals to challenge and build career-advancing skill sets in this area.
5. Networking and wireless
The number of devices connected to IP networks will be more than three times the global population by 2023, according to Cisco with network engineers and administrators roles continuing to be highly desirable. The push toward wireless offices and the growth of mobile application development, which requires testing mobile apps in a wireless environment, are driving the demand. To excel in the career of a wireless network engineer, strong analytical and problem-solving skills are essential, and you need to be knowledgeable about all aspects of network technology, as reported by CXO Today. Having a background in wireless equipment, standards, protocols, and WLAN design is considered ideal, and reskilling and upskilling is the only way forward, as nearly 10,000 survey respondents in the latest IT Skills and Salary Report mentioned 22% have earned at least one Cisco certification.
Upgrade your skills in IT today to stay competitive in the job market, find the list of diploma programs that we offer, and find out if you’re eligible for Second Career Ontario or other funding opportunities.