With the emergence of quickly evolving advancements regarding technology, job opportunities for IT graduates have increased multifold. In the financial year 2022, the IT sector of India had created over 5 lakh jobs, a number which is almost double of the projected net growth the previous year.
As the organizations undergo digital transformation, the in demand IT designations are increasing. However, with the upcoming new-age technologies, job titles are continuously undergoing massive changes. Most of the designations keep their focus on futuristic advanced technology such as virtual reality, artificial intelligence, the internet of things, etc.
For the new graduates in the IT sector, it is the correct time to get the top career opportunities in the IT industry. Technological adoption is proving to be a mainstream component for all sectors, including healthcare, finance, education, agriculture, eCommerce, logistics, human resource, etc.
It has opened up new opportunities for freshers in the IT sector and professionals who are interested in a specific domain. For example, if an IT graduate has an inclination towards finance, they can easily choose to apply for a job in the Fintech sector.
How does technology is used in different sectors and business domains-
- Fintech- In the fintech sector, organizations are utilizing new age technologies to boost their offerings. For example, finance domains such as broking, banking, lending, investments, digital payments, crypto, and insurance are utilizing cloud computing, artificial intelligence, machine learning, blockchain, etc to offer secure and seamless financial services. These fintech solutions further integrate their solutions for seamless operations like in the logistics, healthcare, gaming and manufacturing sectors.
- Edtech- The edtech displays a rising demand regarding tech talent and programmers. In fact, the requirements for cloud technology experts is above 50% for startups and major large scale businesses. At the same time, the demand for web based technology talent is approximately 25% in startups and 10% in MNCs and other organizations.
- Healthtech- By utilizing technologies like artificial technology and machine learning, new and enhanced methodologies is being developed by the healthcare sector to identify the disease, diagnosing ailments, and offering efficient treatment. They are gradually building surgical procedures and emergency care units more efficient. The usage of advanced technologies further enables healthcare firms to manage the continuous increasing demand smoothly.
- Agritech- By deploying technology, the Agritech component is attracting investments. It is targeted at revolutionizing the industry. The upcoming verticals in the component such as digital agriculture, market linkage, improved access to inputs, and farming as a service, are witnessing a boost in stakeholders.
- Logitech- Utilizing tech enabled solutions has contributed to continuous growth in the logistics industry. This has opened up new opportunities for professionals having expertise in IT and the related technologies.
- Non-tech enterprises and FMCG- The requirement for tech talent in non-tech organizations has increased. For example, organizations such as HUL are hiring individuals having all types of expertise in Big data analysis, DevOps, etc. This, in turn, contributes to a hike in demand for quality tech talent within the industry. Additionally, some leading organizations in different types of domain such as Oyo, Zomato, Milkbasket, and Cars24 plan to overboard over 30-50% more tech talent this year. There will be a rise in job opportunities for expert programmers.
- E-commerce and M-commerce- The utility of Ecommerce and mobile app is becoming more prevalent on a daily basis. This is driving an increased demand for IT professionals to assist in building and continuously upgrade websites while maintaining the back end operations for smooth functionality.
- Travel tech- With the development of technology, the travel sector has evolved considerably over the last few years. The industry has built an efficient technical infrastructure. There will be an upsurge in demand for qualified and skilled tech talent in the near future. The component requires knowledge of computer reservation systems, understanding of airfares and tickets, language abilities, sales skills, customer service and experience with money and foreign currencies.
- Recruitment and hiring- Since the outbreak of the pandemic, businesses have made major adjustments to their recruitment requirements and techniques. When it comes to hiring, businesses prefer applicants who are trained as per their requirements. As a result, several firms are turning to AI and ML to assist them in acquiring the correct talent for their jobs. With the advancements in these technologies in the current era, organizations are currently able to recruit more effectively. In fact, organizations can examine the technical ability of the candidates by utilizing applications such as filtered, which generates coding issues that are auto-generated. With the continuous expansion of the component, there is a rising need for more skilled professionals.
- IT services and product services- As a generalized misconception, jobs in the technology industry are not only about coding and developing applications. With the continuous advancements in technology, it is now being expanded to the gaming industry. Designing and developing games is one of the most rapidly growing industries. This has resulted in grooming of the gaming firms across India. As a result, there is a rise in software developer job opportunities in metropolitan cities which includes Delhi and Mumbai.
Final Conclusion
With the rising opportunities in the above mentioned industries, a professional can easily choose a well paying domain specific job in the IT sector. While it is not easy for individuals to transition their field mid way through their careers, fresh graduates can choose their career in their area of interest within the IT field. They can also gain further expertise and specialize in a specific in demand technology that is necessary for a particular domain.
While the core technical skills such as writing code, evaluating frameworks and practicing source control are crucial for individuals developing software, skills such as creativity, problem solving, critical thinking, management, etc, are necessary for a strong career growth. Aspiring professionals are required to opt for a domain to equip themselves with industry relevant skills. Overall, choosing the right technology and domain is crucial for establishing career objectives and in accomplishing professional success.