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14 January,2022 | By Brainwonders
The IT industry is often known as the "Growth Industry." Every day, we observe new developments in technology. It has changed the way we live. Furthermore, technological advancements have altered the direction of the labour market.
There is no doubting that the Pandemic had an impact on occupations and employment possibilities that we could never have predicted. However, with the presence of constantly growing technology and the IT industry, the job market managed the situation admirably.
According to the Centre for Monitoring Indian Economy (CIME) data, the unemployment rate has decreased from 11.9 percent in May 2021 to 9.2 percent in June 2021. For job seekers, the IT business has opened up a new path of possibilities.
The emergence of cutting-edge modern technologies such as machine learning, robotics, artificial intelligence, cloud computing, and so on has thankfully created new career opportunities for aspirant workers.
The IT Industry, the future of modern India, is one of the country's fastest-growing sectors. The IT industry has offered so much to our country, from being a key shareholder of 2020-21 GDP growth to being a contributor to bringing about social change.
Some prominent pointers in an overview of India's IT sector would be:
India's IT sector has not only boomed in the current fiscal year, but it also has a solid fundamental history. Today's amazing startups, such as Zerodha, Rupay, Zomato, Ola, and many more, are unquestionably industry markers, but we must not overlook the industry's largest Tech companies, which have been in operation for decades. Some of India's leading IT firms include:
These multimillion-dollar enterprises represent not only the past and present of the IT sector but also its future.
The expansion of the IT sector has resulted in positions in this area being among the highest paying in India. The question then becomes, what is the motive for its expansion? Some of the primary causes for the expansion of the IT sector are as follows:
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The reasons stated above demonstrate that the IT industry is very important in the market and, as a result, is one of the top-paying jobs in India.
The Indian IT sector as a whole has grown and developed at such a rapid speed. However, in terms of employment, job demands, and influential chances, certain cities have served as a hub for job seekers. Some of the cities where the IT sector is centred are as follows:
These cities have extended the purview of the tech business throughout time by opening up many interesting and cutting-edge career opportunities for tech seekers.
Many factors influence a job profile's salary, including experience, job duties, location, company, and skillset. The average base wage for the highest-paid positions in India based on experience is provided below –
A software development engineer is a technical specialist that is in charge of developing apps and software programmes that can run on many platforms and operating systems.
They have not coded specialists; rather, they are professionals who work on the operations and development of applications and programmes in a holistic manner, giving analytical, strategic solutions and controlling faults in accordance with the needs of the organization/business.
Many large tech companies, such as TCS, Udemy, and Amazon, have a high demand for this job profile.
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A Data Scientist is a job position that necessitates expertise in the scientific analysis and interpretation of Big Data. Big Data is a large set of information/ data that cannot be analysed with the traditional techniques of data processing.
This is where comes the Data Scientist. A professional expert, who has fundamental knowledge in the latest advancements like data structures, algorithms, machine learning, etc, and programming languages like Python, Java, C++, etc, works on collecting, cleaning, analyzing, and interpreting complex data.
A data engineer is a professional who focuses on developing, creating, and implementing data infrastructures or pipelines in order to interpret and analyse data.
A data engineer must be technically knowledgeable in areas such as System Architect, database design and configuration, programming, interface and sensor configuration, and distributed systems.
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Every six out of ten people use the Internet on a daily basis. Imagine the amount of data one can procure for analysis. Such procurement and analysis are not done through paper and pen. Therefore, there is a high demand for this job role.
A software architect is a developer who creates, tests, and maintains software solutions for software systems. They use advanced design abilities, codes, procedures, and processes to configure any software-related issues.
They are good leaders with design and programming skills who work with and understand both the business parties and the clients.
A cloud architect is in charge of designing, architecting, implementing, and maintaining cloud computing components.
Cloud computing is a broad network access model that enables the delivery of services such as storage, networking, database, servers, and analytics over the internet without the need for human intervention. It is one of the most popular and in-demand technologies. It is one of the reasons why cloud architects are among the highest-paid software professionals in India.
Blockchain is the most advanced technology in the banking and finance industry. Employers hire a blockchain engineer as a skilled specialist to oversee and control the complete architecture of blockchain technology.
A Blockchain Engineer is knowledgeable on programming languages, security protocols, crypto libraries, and technologies such as Bitcoin, Etherium, Ripple, and R3, among others.
Because of the increasing demand for Bitcoin and Etherium, it is one of the highest-paying jobs in India. Blockchain technologies have created limitless opportunities for both job seekers and employers.
A DevOps Engineer is an IT professional who oversees both the development and operation of an application. This job profile is part of the entire software programme life cycle, from development to deployment.
DevOps have a basic understanding of DevOps technologies and processes such as continuous integration, monitoring, and logging, communication and collaboration, infrastructure as code, continuous delivery, and so on. Employers like this job profile because it bridges the gap between the segregated divisions of development and operations.
IoT, often known as the Internet of Things, is one of the most popular and in-demand IT technologies. It ushers in a new era of data sharing and communication, and a world without it appears to be unthinkable.
A specialist that handles the deployment of IoT technology is known as an IoT Solutions architect. As solution architects, they are in charge of overseeing the use and practical application of this technology as a whole.
A prominent position in the firm that facilitates and resolves business-related issues.
An AI engineer is a technical professional who uses Artificial Technology to design and develop initiatives for various operations such as analyzing, storing, or developing applications. They work on keeping the AI systems running smoothly.
Artificial intelligence is the technology of the future. Every industry is utilising current technologies to broaden its commercial possibilities. As a result, demand and expansion in this area are unavoidable.
A product manager is a professional who is in charge of creating a roadmap for a whole product. From the fundamentals of features to evaluating quality checks, deciding on a consumer base, and dealing with prospects. A product manager is in charge of everything.
The position necessitates effective communication and leadership abilities. Furthermore, proper knowledge of the sector is required to comprehend the product's concept.
When new technologies such as AI, Machine Learning, Cloud, and so on were developed, many people predicted a substantial drop in job needs.
On the contrary, these technologies acted as a catalyst for new job opportunities, increasing the demand for new hires.
The occupations that arose as a result of these technologies did not merely appear; rather, they topped the list of the highest paid jobs in India.
After reading this piece, are you inspired to pursue a career in the IT sector? Consider visiting Brainwonders online for the great assistance and career counselling.
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