Upskilling in AI, Info Research, Cloud Computing could improve your salary

Artificial Intelligence and machine learning, cloud computing, cybersecurity and data science will be the most sought after fields of knowledge and skills, and as technology professionals compete on the digital space fast being overtaken by automation, most of them are upskilling themselves.

A study conducted by e-learning system Simplilearn among 1,750 professionals, discovered that 33 per cent of respondents were motivated to take on up courses to help them earn better salaries. Other motivating elements include getting opportunities linked to hands-on and industry-relevant projects, said 27 per cent of these surveyed, while another 21% said rewards and reputation pushed them to upskill themselves.

The survey sought to understand trends in upskilling, emerging digital skills, and the nature of future jobs.

A World Economic Forum report states that AI will generate 58 million different jobs by 2022. Organisations are therefore progressively recognizing the need to upskill and reskill personnel. Accordingly, the survey discovered that fascination in obtaining AI and Equipment Learning abilities went up from 18 per cent in 2018 up to 30 % in 2019.

Among the very best 4 skills popular in 2020, 26%  of survey respondents showed appeal in Data science, 18% for cloud computing, and 10% for cybersecurity, apart from AI and ML.

The survey also discovered that 44.7% of respondents were motivated to upgrade their expertise by their company's shift to digitization. Another 25.6% of the survey respondents explained that digitization possesses helped enhance their performance at the job, and 12.7% said that it opened new job options, while 7.9% said it attracted new job opportunities, release by Simplilearn said.

The average yearly income of a data scientist this season would range between Rs 5 lakh to 42 lakh from junior to mid-range positions, followed by the range of Rs 4.97 lakh to 50 lakh annually for a specialist skilled in cloud computing, and Rs 5 lakh to 70 lakh annually for jobs in Artificial Intelligence, the study report predicted.

The majority of those surveyed-58.3%s of respondents- said these were footing the bill of upskilling training themselves, whereas regarding 10.5% of respondents, their companies sponsored their learning. In 31.2 % of cases, the costs were shared between your individual and their employer.