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3 key trends that could impact your career in the digital age

digital age, digital trends for 2021

Over the last year, we have seen rapid development in the digital space. From grocery shopping to banking, entities both big and small evolved and adapted to the changing situation brought about by a worldwide pandemic. One thing has become clear throughout this time - what worked fairly well a few years ago may quickly become irrelevant and outdated in the future. 

This is particularly evident in the way we work today. In the past 12 months, businesses across the board have adopted better technology and processes to aid remote working and daily operations.

Let's take a look at are three key trends that could impact your career in the current digital age.

1. Internet of Things


The Internet of Things (IoT) is one of the top trends in the digital domain and one of the most talked-about developments in recent times. This probably stems from the fact that various reports estimate that there will be over 55 billion connected devices worldwide in 2025, most connected to IoT.

In simple terms, IoT is a concept in which all technological devices connect to the internet. IoT allows devices like your refrigerator, washing machine, television set, car, and even your home to connect and share data on the internet.

For example, if you work in marketing, sales, or enterprise management, IoT could provide insights on how consumers engage with products by tracking their interactions with digital devices. In turn, this data could be used to optimize marketing campaigns and customer experiences.

IoT can ensure better safety, efficiency, and faster decision-making for firms. It can automate routine tasks, speed up medical systems and enhance customer care. There is also scope for benefits that you may not have imagined yet.

IoT is not a concept limited only to technology professionals. It has permeated all areas of business and will certainly affect the way you work in the future.

2. Embracing New Technologies and Online Learning


To keep up with the current trends, it is paramount that you embrace newer technologies. Keeping yourself updated and relevant will enable you to have an edge in the marketplace. It can positively affect your career growth as you would be seen as having an inclination for building your knowledge and capabilities. On the flip side, a lack of interest in the digital world may set you back in the professional space.

A great way to stay abreast of the latest in digital and tech is to take the online learning route. Gone are the days when learning meant heading to a physical classroom environment. Nowadays, all you need is an internet connection and a device to help you connect with the top institutes on the internet.

There are dozens of courses available on everything from finance to sales, software development to marketing, language to photography, and much more. You can choose any particular course which belongs to your domain or where you wish to grow. Some websites offer courses for free, while others have paid programs with certifications. These opportunities offer you the chance to gain a micro or nano degree from the best universities and institutions across the globe while sitting in the comfort of your home. Thus, online learning can create many opportunities, and it is bound to become critical in the future.

3. Growing Popularity of Data-Driven Jobs


In today’s era, data can be viewed as "modern-day oil" - having access to it and knowing how to use it correctly can be invaluable. Organizations from various fields are making decisions centered around data, as it is easier to obtain now and enables a better understanding of consumer behaviour.

With the magnitude of data at your disposal, the possibilities of using it to reduce costs, improve supply chains and understand consumer preferences are limitless. As businesses become more data-centric, the demand for professionals who can handle and make sense of data is also slated to grow. Professions such as data scientists, business analysts, machine learning scientists, and application architects could go through a boom in the next few years.

In essence, paying attention to digital trends will be prudent as these are going to shape the workplace of the future. The next decade may bring about rapid changes in businesses and the way they work. Having knowledge of the in-demand skills will put you in a good position and future-proof your career. By investing in building specific skills today, you could see them bear fruit tomorrow.

 

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

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