Technology is ever-changing, and career paths evolve with it. IT professionals are always looking to gain new skills and advance to higher positions. And many others think about transitioning to this sector for some reason or the other. If you, too, are considering an IT career, it would be good to know about the highest paying jobs in technology. We have compiled a list of posts with their job specifications and average salary to guide you better.
An overview of the Indian IT ecosystem
IT-enabled services include software development, IT consultancy, online services, e-commerce, business process outsourcing (BPO), and knowledge process outsourcing (KPO). Moreover, the applications of IT are not limited to the software sector alone. Hospitals, schools and universities, libraries, banks, prisons, airports, and train stations – almost every establishment can gain from leveraging technology capabilities.
Today, IT is a globally thriving industry boasting of 2.8 million employees and exports amounting to nearly $70 billion. A NASSCOM-McKinsey report highlighted that the global position of India’s IT industry depends on five key factors, namely: an abundance of talent, urban infrastructure, operational success, conducive business environment, and continued growth of the domestic sector.
Here are some of the top recruiters in the field:
- Wipro Technologies
- Tata Consultancy Services
- Tech Mahindra
- HCL Technologies
- Godrej Infotech
Most of the tech employment in India is concentrated in the major cities and hubs, namely:
Tech hubs in India:
The Indian IT sector has tremendous potential to drive growth in the coming years, just as it has aided transformation in the last decade. Read on to find out what are the highest paying jobs in technology.
Highest Paying IT Jobs in India
1. Data Scientist
Data scientists analyze and interpret complex information to facilitate better and timely business decisions. They know machine learning algorithms, data modelling, and coding (using Python, SAS, and R), among other analytical skills. Data science professionals are highly demanded across industries and geographies, as organizations need people who can make sense of data and assist them in utilizing it competitively.
2. Big Data Engineer
As is clear from the title, their work revolves around big data applications. They manage the entire life cycle of large-scale deployments, utilizing their technical expertise in the following areas:
- Software utilities, such as Hadoop, Spark, NoSQL
- Data warehousing technologies
- Data visualization
3. Cloud Architect
Cloud architects supervise the cloud computing strategy and coordinate with different teams to ensure that the deployments are correctly implemented. To perform these tasks, they need knowledge of the following topics:
- Successful application architectures in the cloud environment
- Usage of Amazon Web Services and Azure
- Effective communication with diverse internal and external stakeholders
4. Software Architect
They are responsible for optimizing the development process. To undertake this responsibility, software architects make several design choices and dictate the standard for coding and technical platforms. Moreover, they have to develop prototypes that are in line with customer requirements. Software architects should possess the following qualities to qualify for the job:
- Understanding of software architecture
- Data modelling
- Programming skills
- Analytical ability
5. DevOps Engineer
DevOps engineers can work as a part of the development team or the operations team. They need to be adept in tools like Git, Jenkins, Linux, and Unix. Additionally, they should have familiarity with coding, scripting (Shell, Python, Ruby, etc.) DevOps engineers are also responsible for maintaining the infrastructure and integrating them with cloud services to facilitate automation. Here are some of their main responsibilities:
- Development team: Participating in deployment and network operations
- Operations team: Working on application development
6. Blockchain Engineer
As a blockchain engineer, your job is to develop and implement solutions and architectures related to blockchain technology. With the ongoing rise in the adoption of digital payments in India, blockchain is getting noticed as a key innovator in the fintech sector. There are various other avenues for this emerging technology, such as smart contracts.
Currently, the job market is facing a shortage of skilled professionals. Employers usually look for the following capabilities when hiring for blockchain engineering roles:
- Programming proficiency
- In-depth understanding of Etherium, Ripple, R3, and Bitcoin technologies
- Thorough knowledge of consensus methodologies
- Command of security protocol stacks and crypto libraries
7. IoT Solutions Architect
Internet of Things (IoT) solutions architects play a leadership role in strategy-making and overseeing the deployment of IoT solutions in the organization. These professionals must be proficient in programming and have experience in hardware design and architecture. They also participate in other design-related activities and contribute to the process of translating business needs into technological solutions.
8. Full-stack Developer
They are technical practitioners who are well-versed in every stage of development, including backend and frontend. They design and build APIs with MEAN stack technologies, keeping the code integrity and data security intact. The desired skillet of full-stack development is given below.
- MongoDB, Node.js, Express, Angular
- Coding, scripting, and developing API
- Comprehension of web development fundamentals
- Acquaintance with database technologies
9. Artificial Intelligence (AI) Engineer
The closest description of an AI engineer is someone who develops and drives AI initiatives in any organization. These skilled professionals apply their mathematical and statistical skills to process data, build models, and maintain AI systems. Here are the typical practical requirements for this role in the job market:
- Python, R, Torch
- TensorFlow and similar technologies
- Machine learning, neural networks, deep learning
10. Product Manager
Product managers’ work is central to product development as their role begins from conception and continues until the product launch. Product managers determine the operative plan, assign team members, and set the timelines to complete each task. They also decide the scope of a particular product and establish milestones peppered throughout its journey. Apart from handling these responsibilities, they undertake several strategic and marketing activities. Understandably, it is one of the highest paying jobs in technology today.
According to the leading job search sites, the number of openings for product manager positions is experiencing a rising trend in recent years. Such posts usually list the following things under the desired competencies section:
- Product lifecycle management
- Product management tools (JIRA, Asana, PivotalTracker, among others)
- Time-management and organizational capacities
- Detail orientation and problem-solving skills
11. Cybersecurity Specialist
This job entails protecting information systems from hacking, viruses, malware, phishing, and other cyber attacks. The primary duty of a cybersecurity professional is to implement security programs across organizations.
According to a Cisco report, one out of every three Indian companies has faced financial losses due to theft and attacks. Therefore, cybersecurity professionals’ demand is picking up, particularly in industries like ITes, Computer Network Services, Accounting, and Management Consulting.
12. Site Reliability Engineer
A Site Reliability Engineer or SRE focuses on hybrid tasks related to software engineering and system administration. The vacancies mention AWS, Docker, Kubernetes, and Jenkins, among the essential skills. This type of work requires various transferable skills from and to many engineering roles – for example, full-stack engineer or cloud engineer.
As the technology keeps pervading our everyday lives, the demand for SRE positions in tech is expected to increase even further. Simply put, these engineers are vital for the upkeep and proper functioning of all the development and operational processes.
In-demand Technology Skills
We have assembled a list of the standard requirements of technology jobs below. You must emphasize practising and building these abilities in your learning journey.
- MySQL, HTML
- CSS and Bootstrap
- Machine learning
- Natural language processing
- Business development
- Team management
- Customer Relationship Management (CRM)
- Digital Marketing
- Vulnerability assessment, SIEM, and network security
- Process automation, SQL, UiPath, etc.
The way ahead for technology jobs in India
India is emerging as a formidable force in the technology space. McKinsey places India as the second-fastest digitizing economy after Indonesia. New technologies are improving business models and making them more efficient.
The scope for technology careers goes beyond the IT and ITes and caters to other sectors like manufacturing and BFSI (Banking, Financial Services, and Insurance). Even within the portfolios, some areas of proficiency would be in greater demand. And due to the skills gaps, some of the highest paying IT jobs would be related to the use of AI and blockchain across business processes.
With this, we have made you familiar with the highest paying jobs in technology. You can streamline your preparation with the above resources and target learning avenues that help you develop the required skills.