Mon, 21 Oct 2019

All you need to know about skills needed for future job market

Posted on Monday, March 4, 2019

Karan Shah lists down five key sectors that will gain prominence in the coming time.

India finds itself at a unique advantage when compared to other nations due to its young population. However, a young population is both an opportunity as well as a problem depending on how the advantage is utilized to boost the economy. 

The rapidly growing population indicates the urgent need for skill development in order to enable the growing population to have meaningful employment. An education that places an emphasis on imparting skills over rote learning and memorization is necessary to ensure that the youth are gainfully employed. 
 
For India to maintain its stature of being the largest provider of skilled programmers and technologists, we will have to ensure that its populace is skilled accordingly so as to remain competitive in the global arena.
 
What follows are five important skills that will continue to be in high demand in the Indian job market in the years to come. 
 
Coding
 
Coding or programming in languages such as Javascript or Python has consistently been a skill that is in high demand. Many companies in the past few years have produced both hardware and software that feature augmented reality and machine learning. Individuals who possess the skills required to create, design and refine applications that make the most of these technologies and application programming interfaces, will be able to consistently secure rewarding employment. 
 
Machine Learning
 
Machine learning (ML) being a branch of Artificial Intelligence, has proved itself to be one of the most important technological developments in the last few years as it facilitates algorithms and programs to continually learn and improve their efficiency with time. Most leading companies have been trying to gain a competitive advantage over one another by making headways in providing services and solutions that utilize machine learning. Individuals who possess a sound understanding and expertise in machine learning will ensure that they become integral components of both emerging and established corporations.

Mobile Development
Companies are constantly in need of mobile applications that make their product or service accessible to the growing target audience. 
An exciting direction in which mobile applications are currently headed in is integrating technologies such as augmented reality aka Pokémon Go. Applications such as these blend elements from the environment around users making the content appearing on screen more engaging than it would otherwise. 
 
SEO/SEM Marketing
Companies are constantly on the lookout for individuals with digital marketing skills in order to be able to better their presence and visibility across the internet.  This skill has an obvious advantage as greater exposure to users across the internet would result in more customers and thus revenue. 
 
Cyber-Security Specialists
It’s no surprise that cybersecurity and information security are one of the highest paying and most wanted skill sets. Ransomware attacks such as WannaCry along with hardware vulnerabilities that were exhibited in Meltdown and Spectre have become the new norm in modern society. As the world continues its reliance on outsourcing services such as cloud computing providers, coupled with internal networks that are vulnerable, the need for businesses to staff a skilled security team is of utmost importance.
 
These emerging skill sets will be evolving at an exponential pace and wrapping one’s head around them to stay ahead of the curve is essential in the journey to secure the future of India’s populace. A young population can only become an asset if sufficient job opportunities are created and the youth is skilled enough to meet the aspirations of the populace. 
 
The government has stuck right cords with ‘Skill India’ and ‘Make in India’ programs, as well as providing the policy framework under ‘Ease of Doing Business’. However, a lot more needs to be done if we are to fully utilize the potential of a young population. With an increased focus on acquiring the skill sets that are most desirable with evolving times, the possibilities that lay before a youthful India are unlimited. 
 (The author is founder of Indian Institute of Digital Education)

FACT FILES
1. The working population ageing between 20-60 years will exceed 1 billion in the year 2050
2. 65% of India’s population is under the age of 35 and 50% of its population is under the age of 25
3. Emerging technologies such as Artificial Intelligence, Augmented Reality, Big Data Analytics, Machine Learning, and Virtual Reality, are set to change the landscape on ease of doing business and communications

(The author is founder of Indian Institute of Digital Education)

 

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