Today’s modern technology-enabled industries are actively looking for a skilled workforce who can offer updated expertise that is aligned with the latest industry trends and disruptions. This has created a demand pool where new-age skills are given the topmost priority along with the ability to adapt to continuous innovations. Therefore, higher education institutes have been revising their curriculums to develop talents who are rightly skilled and equipped for today’s industries. Following are some of the new-age careers you can choose in 2023.
The concept of AI (Artificial Intelligence) has been in the industry for a long time, but it has started to gain traction since the last decade. Nowadays, there is hardly any industry that is not making use of AI to streamline their services. You would be on a lucrative career path if you want to gain a higher qualification and build your expertise in AI. You will be high demand across industries like Automotive, Power, IT (Information Technology), ITeS (Information Technology-enabled Services), Education, Retail, Banking, Logistics, etc. Since AI is helping augment every industrial service at scale, your demand as an AI expert, developer or architect is always there.
The need to develop high-end sophisticated technology in order to address challenges associated with the small and micro-level world has been boosting the prospects of nanotechnology. The word nanotechnology simply means technology tackling issues and innovating solutions at the nanoscale. Take for example genetic engineering. This field of research is based on nanotechnology and its ability to deliver cutting-edge solutions in altering and re-architecting genetic codes and proteins to yield the desired results. Mastering the art of nanotechnology will surely boost your career for the new era of revolutionary sciences.
If you have ever heard of smart cities, this is the umbrella term that encompasses such concept. Basically smart infrastructure refers to all sorts of communities like cities, villages, towns, countryside, institutions, facilities, real estate, civil constructions, etc. that make effective use of modern technologies for delivering sustainable and streamlined solutions at scale. Take for example smart parking, where parking lots have embedded IoT (Internet of Things) sensors that work in tandem with vehicle sensors and inform them about the respective parking lots that are available for that particular facility e.g. shopping mall, park, etc. Companies like Siemens are heavily investing in smart infrastructure solutions to make communities technology-enabled for the future. A career in smart city solutions is a sure shot way of unlocking future opportunities.
Internet of Things (IoT) is perhaps the next most popular buzzword after AI and Blockchain. Infact IoT has been seeing higher number of implementations and has been attracting more investments as compared to other emerging technologies (except AI), due to its scale of applicability and ease-of-use. Consumers show higher level of comfort about IoT enabled services along with AI, because IoT technology is based on sensor-to-sensor data exchange for streamlining processes. This not only keeps consumers updated in real-time, but also rules out redundant procedures and process lags across different functionalities. You will gain in-depth knowledge about how smart communities operate and innovate at scale with the power of IoT.
Although conventional wisdom associates blockchain with the banking and finance sector, in reality, it provides far more functionalities than we can anticipate. For example, modern-day technology-enabled law firms are making use of Smart Contracts, an essential functionality of Ethereum Blockchain that enables automated authorizations and sanctions of any conditional agreements for safe and secured processes. This not only has its applicability in legal services but also assists logistics, manufacturing, IT/ITeS, and many more industries in accelerating the rate of their services by reducing workforce involvement and streamlining the processes at scale. Apart from this, Cryptocurrency, NFT (Non-Fungible Token), DAO (Decentralized Automated Organization), DApp (Decentralized Application), Metaverse, etc are all blockchain-powered services that are gaining popularity with technological advancements. Building a career in blockchain can earn you higher positions like Blockchain Architect, Blockchain Developer, Blockchain Consultant, etc.
Cloud Computing is the new-age technology that is having the highest number of product deployment rates. It has become the preferred choice for businesses and corporates readily make use of cloud computing services for managing all sorts of data at scale. SaaS (Software-as-a-Service), PaaS (Platform-as-a-Service), IaaS (Infrastructure-as-a-Service), etc; are some of the key terms you will frequently come across and gain in-depth knowledge in when pursuing your career in cloud computing. Basically, cloud computing will equip you with the right set of competencies to help businesses avail of data management platforms without the need for maintaining their own set of hardware and related IT infrastructures. This outsourcing nature of cloud computing is making the field of study very popular as there is always a market demand for cloud engineers, cloud security offices, etc. among a wide range of industries.
Carbon footprint is a term that is propelling corporates and big businesses in maintaining caution regarding the environmental impact their services have. This is because United Nations has dispatched global regulations for companies to disclose their carbon footprint alongside their quarterly and annual numbers. A business that fails to reflect its environmental impact numbers on its reports is less likely to attract consumers and investors. This is because new generations are increasingly aware and empathic about climate change and sustainability. Many industries like fashion, manufacturing, logistics, etc nowadays aim to reduce carbon footprint to the minimum for building a better PR among stakeholders and customers. And with carbon taxation being implemented in several European countries, other developed and developing nations too are looking forward to carry out the same for ensuring sustainable development. Corporates even have higher C-Suite positions like Chief Sustainability Officer (CSO) for governing sustainability measures being taken at scale. Building a career in sustainability, thus, can boost your professional opportunities among different industries for new-age innovation.
At MSU, we train students to become skilled professionals equipped with key competencies that are industry-aligned and come with real-time work experience. Our programs are powered by innovative new-age curriculums that aim at shaping young talents for opportunities in a technology-enabled future.