While 2021 was a year of industry resurgence in the wake of the Covid-19 epidemic, it was also a year of numerous firsts. While more businesses adjusted their organizational strategies and aims to fit the new norm, technology adoption across sectors doubled.
In the wake of the Great Shuffle and the employment crisis in India, the need for skilling and upskilling reached a new high, with an increasing number of recruiters looking for competent workers.
But 2022, witnessed the trends in recruiting and employment that we might anticipate in the coming year.
The year 2021 was unquestionably a year of recovery. People were hopeful about laying the groundwork for increased employment prospects in 2022.
The future of work is hybrid and location-indifferent, with both businesses and people pursuing expanded skill-building activities. Additionally, leading tech-enabled industries like IT, FinTech, BFSI, and crypto were likely to continue to prosper with spikes in skill need.
The Great Shuffle is a reminder of how the enormous demand in the job market allowed employees to choose a career of their choosing. Employee flexibility remained crucial towards keeping talent in the future.
The following were the top 5 career trends for 2022:
1. Job demand for AI and Machine Learning Were Anticipated to Increase
The role of AI and machine learning will only continue to grow in the times to come, with a large increase in the demand for associated professions, due to the fast adoption of technology across industries and completely tech-enabled sectors like IT and BFSI. Industry sources also predict that until 2023, investments in AI/Machine Learning would increase in India at a CAGR of 33.49%.
The Agnipath Scheme is a tour of duty-style scheme launched by the Government of India on June 14, 2022, for the recruitment of soldiers below the rank of commissioned officers into the three armed forces services. All recruits will be hired for a four-year term only. Personnel recruited through this system will be known as Agniveers, a new military rank.
Agniveers are recruited for a four-year term that includes six months of training followed by 3.5 years of deployment. They will be able to apply to continue serving in the armed forces after retiring from the service. A maximum of 25% of the retiring batch’s total strength will be chosen for the permanent cadre. Personnel who retire after four years of service are not eligible for a pension, but will receive a lump sum payment of approximately Rs. 11.71 lakh at the end of their tenure. Through this scheme, the Indian government intends to hire 45,000 to 50,000 new employees each year. The scheme was expected to recruit 46,000 young people by September 2022.
Edge computing is a new computing paradigm that refers to a variety of networks and devices located at or near the user. Edge computing is about processing data closer to where it is generated, allowing for faster and larger processing speeds and volumes, resulting in more actionable results in real-time.
Edge computing brings analytical computational resources closer to end users, increasing application responsiveness and throughput. A well-designed edge platform would outperform a traditional cloud-based system significantly. Because some applications require rapid response times, edge computing is a far more viable option than cloud computing. IoT to autonomous driving, anything related to health or human/public safety, or involving human perception, such as facial recognition, which typically takes a human between 370-620 ms to perform, are examples. Edge computing is more likely to be able to mimic human perception speed, which is useful in applications like augmented reality, where the headset should ideally recognize who a person is at the same time as the wearer.
4. Careers in Drone Industry
With the emergence of new-age technologies, the job market has evolved quickly, opening up career opportunities in new industries. Drones, for example, have progressed from niche to mainstream in recent years and have become a critical developing technology in the deep-tech sector. In India, the implementation of new liberalized rules is assisting in the opening of India’s airspace to drone operations. The industry is expected to grow significantly over the next decade, creating new career opportunities.
A. Design engineers and assemblers – People with expertise in engineering branches such as Aeronautical, Electronics and Electrical, Mechanical, and Robotics Engineering are needed in the industry. Additionally, new jobs are emerging, such as manufacturing engineers who build drones and assemblers who assemble them.
B. Drone Pilots – Companies will need trained professionals who can remotely manage a drone’s flight as demand for drone operations grows. Drone pilots play an important role and require industry-specific training and certification. A drone can be rented for filming, aerial photography, mapping, modelling, and a variety of other purposes.
C. Pilot Trainers – Certified trainers are required to train candidates interested in becoming drone pilots. They play an important role in making flying safer.
D. Drone Flight Planners – To meet the data goals, determine the flight schedule, altitude, weather-related specifications, and image or video capture specifications. Drone flight planners must also understand the specific use-case, the flight’s location, and the zone in which the area falls (red, yellow, green).
E. Drone Software Engineers – It is critical to develop software for flight operations. To eliminate the risk of cyberattacks, it is critical to develop indigenous software. Because the use cases and concept of leveraging drones for business operations are novel and novel, software developers must train for drone-related software development.
F. Drone Data Specialists – Drone data specialists and GIS engineers collaborate to process and analyze datasets. GIS professionals assist businesses in interpreting images, videos, and maps in order to identify trends and potential problem areas. The industry will also see a significant increase in demand for industry experts who can turn drone data into actionable insights.
To begin, in order to work in this industry, one must be well-versed in the regulatory legislation governing commercial drone piloting in India. Drone pilots can receive guided training from training schools approved by the Directorate General of Civil Aviation (DGCA). Special partnerships and affiliations with universities aid in the facilitation of courses on the design and development of unmanned aerial vehicles, as well as mapping and inspection training.
5. Careers in Crypto Currency
STEM jobs, such as computer engineering, programming, software development, and electrical engineering, are among the most visible opportunities in this field. However, there are cryptocurrency job opportunities in fields such as marketing, business, and communications.
Cryptocurrency is a decentralized financial system that has grown in popularity among investors, businesses, and finance enthusiasts. Cryptocurrencies such as Bitcoin enable people who do not work in finance to pursue new investment opportunities. Because these currencies are entirely digital, the demand for jobs in cryptocurrency development, support, and trading is increasing. In this article, we will define cryptocurrency careers, explain how to get started, and list several jobs available in the industry.
Cryptocurrency careers are jobs that deal with cryptocurrency, usually in the fields of computer science and programming. Tracking, trading, constructing, and monitoring cryptocurrencies, as well as the corresponding blockchains (decentralized digital ledgers that track these transactions), necessitates a wide range of hard technical skills, including programming, cryptography, financial analysis, and engineering. This field also has many opportunities for those who want to work in areas other than technology. People with marketing, management, writing, and business development skills are employed by companies and organizations that use or create a cryptocurrency.