TOP PLACE­MENTS

BY ZAIRUS MASTER

India Today - - SMART EDUCATION | FOCUS - The writer is CEO, Shine.com

Tech­nol­ogy has far­reach­ing ef­fects on jobs. It has not only dis­rupted every ma­jor in­dus­try but also cre­ated new job roles.

In­for­ma­tion tech­nol­ogy

The IT sec­tor is ex­pected to more than dou­ble by 2025, to stand at $435 bil­lion, ac­cord­ing to a re­cent McKin­sey re­port. The de­mand for IT pro­fes­sion­als car­ry­ing ex­cel­lent tech­no­log­i­cal skills has sky­rock­eted.

E-com­merce

The re­tail sec­tor, in­clud­ing e-com­merce, will regis­ter a phe­nom­e­nal growth within the next five years. Ex­perts in dig­i­tal tools, such as SEO and data an­a­lyt­ics, are the most sought.

Fi­nan­cial ser­vices

With banks part­ner­ing with fintech firms and digi­tis­ing ser­vices, this sec­tor will grow phe­nom­e­nally and be worth $170 bil­lion by 2025. Banking pro­fes­sion­als, too, need to keep their skills up-to-date.

Tele­com

The Tele­com Sec­tor Skill Coun­cil (TSSC) es­ti­mates that 14.3 mil­lion high-value, tech-cen­tric jobs will emerge in the com­ing years. There will be a huge de­mand for peo­ple fa­mil­iar with ad­vanced tech­nol­ogy.

Au­to­mo­bile

While the auto sec­tor is cur­rently in a slump, look­ing ahead, in­no­va­tions in the sec­tor are likely to even­tu­ally cre­ate new jobs. Ar­ti­fi­cial in­tel­li­gence-cen­tric high-con­cept in­no­va­tions, such as con­nected mo­bil­ity and self-driv­ing cars, are tech­no­log­i­cal mar­vels. Au­to­mo­bile man­u­fac­tur­ers across the globe are fo­cus­ing on R&D to come up with greater prod­ucts while bring­ing cur­rent high­tech con­cepts to the high­ways. The de­mand for skilled au­to­mo­bile pro­fes­sion­als is ex­pected to rev up again in the later part of 2019.

Lo­gis­tics and sup­ply chain

Au­to­ma­tion and re­al­time data an­a­lyt­ics are some of the ma­jor tech­nolo­gies driv­ing the dis­rup­tion in this space, pro­pel­ling it to be­come a $30 bil­lion mar­ket by the next halfdecade. With ma­chines fast re­plac­ing hu­mans to per­form repet­i­tive tasks in the sup­ply­chain man­age­ment, the role of man­ag­ing these ad­vanced sys­tems has be­come one of the fast-emerg­ing and most in-de­mand job roles avail­able to­day.

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