In just a few years, the IT landscape will look very different.
We’ve already seen that tech skills are becoming more and more in demand, and the pandemic has only exacerbated that. Here are the top skills you’ll need to succeed in IT in 2022. No matter what field you’re in, it’s important to keep an eye on future trends and plan accordingly. The IT field is no exception – in fact, it’s constantly evolving at a rapid pace. If you want to stay ahead of the curve, it’s important to know which skills will be most important in 2022. So what does the future hold for IT? Below are some suggestions from top business owners telling us the top skills employees will need to succeed in this rapidly changing industry. Keep these in mind as you continue your education and training, so that you’re always prepared for what’s next.
Web Development and Coding Skills
Web development skills are the most valuable and important in this day and age. “At the top of the list for essential skills in the new year, web development is still at the top. Web development skills will look great for any employee looking for new jobs this year, even if the job isn’t specifically in web design. These skills will look extremely attractive to companies looking for new and exciting hires.” – Theresia Le Battistini, CEO and Founder of Fashion League
Included in web design and integral to it are basic programming skills in popular and standardized languages. “Basic programming skills are becoming a must in the IT world. Employees looking to enter this field should consider gaining it if they do not already have coding skills in Java. Java is one of the most widely used programming languages for web developers building websites and apps. A basic understanding of Java will give you some introductory knowledge to how line coding works in general, so these basic skills are ones that you can build on and learn other languages.” – Jorge Usatorres, VP of Universal Diagnostic Laboratories
Python is another language to be aware of if you’re looking to up your IT skill set this year. “Python is an extremely widely used language that is commonly used to parse out marketing data and create data tables. Much like many of the coding languages, learning one gives you some kind of access point for learning others. Coding skills are the best thing to pursue this year in the IT industry. Even if your role isn’t strictly a computer or network tech, it will benefit you a great deal to be able to problem solve in these languages if your company is focused on tech at all.” – Ryan Rottman, Co-Founder and CEO of OSDB
Cloud Computing and Storage
Cloud storage and computing has been on the rise for many years. Candidates with cloud computing skills are in high demand looking into this year. “Companies, especially companies in tech, are hoping to find candidates and team members who are versed in cloud computing solutions. This is one of the most essential roles to have in place because cloud computing involves all aspects of the business, which is why specialists are among the highest paid in the industry. Cloud computing combines a ton of different skills including high level coding and development skills.” – Loic Claveau, CMO of TakeUs
It allows for seamless integration of storage and data, making it an attractive solution for many companies this year. “Cloud computing is an essential piece for businesses going into 2022. Cloud computing allows seamless integration and storage of all of your personal and business data. Companies should consider applying a cloud based storage solution for their company to ensure your files are protected and easily accessible.” – Jim Marggraff, CEO of Kinoo
Another hot topic of the modern era has been the power of autonomous machines. AI and Machine Learning have been rising in the level of recent college graduates studying the subjects in schools. “One of the biggest hot topics of the last several years in computer science are the concepts and practices around AI and machine learning. Machine learning allows a computer to learn and distinguish patterns from a large pool of data, making it an essential tool for the future of market analytics. Any organization dealing with large amounts of data will at some point likely need to implement some form of AI or machine learning.” – Karl Hughes, CEO of Draft.dev
The application of these systems with remote jobs is extraordinary, allowing for automated systems never thought possible before. “With remote work, the application of AI and machine learning to automated systems will make large businesses run a lot smoother. AI systems allow companies to run them without the need for repeated coding. This is huge for businesses and why AI and machine learning specialists are so highly sought after, especially going into 2022. It’s a relatively new field of implementation, but the competition is stiff!” – Tyler Read, Founder and Senior Editor of Personal Trainer Pioneer
User Experience Design
A user’s experience of a company’s website can make or break a customer’s decision to shop with them. “UX design is an extremely important element to any company’s website or online shopping experience. UX stands for ‘User Experience,’ and as we know it’s an important aspect to any online media or platforms of a business. There are so many different brands out there selling and offering similar products, businesses need a way to stand out! Paying close attention to the way customers experience your website will make you stand out from the crowd. Specialists with UX experience are in extremely high demand these days.” – Ryan Rockefeller, Co-Founder of Cleared
AR and VR
Augmented and Virtual reality skills are becoming more popular in the design realm for creatives. These skills are great to have under your belt in 2022. “For companies that lean on design and creative elements for their marketing and brand aesthetic, skills in the Augmented Reality and Virtual Reality spectrum are becoming more and more in high demand. These skills allow you to implement immersive, experience based designs that highlight your brand and show the consumer your brand is moving with the future. These are also great skills to have in your web development team to create more interesting apps and ways of customer engagement.”
Data Encryption and Cybersecurity Solutions
Companies in 2022 should be more concerned with Cyber security as we see new networks popping up due to the launch of 5G. “Cybersecurity skills are becoming more and more an integral part of businesses. Cyber attacks can cost businesses a lot of money and simply being aware isn’t enough. You need to make sure management has the skills to prevent such an attack and have strategies in place for dealing with one if it ever happens. This is why cyber security specialists are important to seek out for your company.” – John Cheng, Co-Founder and CEO of Baotris
Data analysis, encryption and knowledge of security systems will be great for any IT candidate this year. “Skills like data analysis, data encryption and firewalls are great things to look for on an employee’s resume. These cyber security skills are great to have distributed among your team, and you should look for those skills even when hiring someone outside of the immediate tech circle of your company. A knowledge base of these topics will make for a workforce that can work with the tech security measures you’ve put into place.” – Lilian Chen, Co-Founder and COO of Bar None Games
Finally, we come to blockchain technologies. This is the force driving the hot button topics of crypto currencies and NFT’s. NFT stands for non-fungible token, and it uses the same blockchain technology that cryptocurrency uses to keep its ownership official and private. These digital ownership stamps are sure to make a huge difference in how we think of media and content going forward in 2022. Candidates with knowledge in this field have a significant advantage over those that don’t in the work of IT. “All the rage is the phenomenon of cryptocurrencies and NFT’s. Both work because of a technology called blockchains. Blockchains allow for a stamp of ownership to be placed along the chain of metadata associated with the file, making security a lot easier to enforce for someone trying to nab your data. Experts who have skills in this area are extremely valuable in 2022, where businesses are even more concerned about cybersecurity than ever before.”
The IT industry is changing just as we’ve described in this article. To summarize, hire applicants with following skills. Web development is high on the list and candidates should have basic coding skills in languages such as python and C++. Cloud computing is also becoming more and more important for companies to adopt a centralized storage and data encryption solution. Candidates with AI and Machine Learning knowledge will be at a great advantage over other candidates. These systems allow us to automate things we couldn’t before and will make for a future oriented company for anyone that implements machine learning and AI into their operations. Blockchain technologies can help us fortify our digital security and ownership of information. All of these skills and more are essential for the IT industry and will help the world of digital media move forward.
The Role of Big Data Analytics in Accounting
Companies generate enormous amounts of data that need to be processed to produce readable insights and outcomes.
Big data analytics in accounting is a game-changer as it’s improving risk identification and real-time access to data and reporting.
More firms are increasingly adopting newer technologies to make them more efficient. This includes blockchain, artificial intelligence, machine learning, robotic process automation, data analytics, etc. The use of traditional accounting has disrupted the world of accounting, but with the onset of big data analytics, it has gone leaps and bounds, tapping into the untapped potential of any business.
Use Cases of Big Data Analytics in Accounting
Businesses accumulate tremendous amounts of data that could go into petabytes and zettabytes. The accounting function in any organization records all types of financial and non-financial transactions, collects them and analyzes them using predictive models to find actionable insights. Data analytics is all about making sense of the data received and thus, it takes away the hassle of traditional accounting. Let’s dive into why you would need to transition your business from using conventional to big data analytics.
1. Real-time Reporting
One of the biggest USPs of using big data analytics in accounting is its real-time reporting functionality. Most of the analytical tools available today are cloud-based, making real-time insights and reporting more accessible than ever. As big data deals with a trove of data, it crunches historical data in terabytes and even petabytes to find actionable insights.
2. Real-time Access
Another characteristic of using data analytics in accounting is real-time access. As it is cloud-based, it has the upper hand in timers of data visibility across different functions in an organization. It can be accessed concurrently, and different users can have different privileges for access.
Apart from that, the data syncs so that the changes made in one node are easily accessible on other nodes. This improved access to information in real-time with transparency makes decision-making easier.
3. Risk Identification and Mitigation
Certain risk factors can prevent a business from outperforming the revenue it hit last quarter or against the rival. Big data can help find risks associated with financial services, such as the supply chain, fraudulent transactions or activities, liquidity, data breach, etc. Businesses can use all the data and add it to various algorithms to anticipate or predict possible outcomes or track fraudulent activities in the books. As accountants can now find errors and risks sooner, the chances of propagating from the point of no return diminish.
4. Data Visualization
Making sense of voluminous data is impossible without using tools such as Tableau. It is a heavily used data visualization tool for big data as it helps find the flow, pattern and irregularities in the dataset. Analyzing the visualized data can assist in making business decisions and strategies needed to adhere to in the future.
Big data analytics in accounting can be a significant driving force toward many use cases. It includes predicting sales performance on food, travel, hospitality and others across different data sources, such as Booking.com, Yelp, etc. It can reduce downtime and operational costs thanks to monitoring IoT sensor data.
Companies can use data analytics in accounting to zero fraudulent activities. Optimizing labor and staff requirements is another chunk of issue that can be curbed using big data based on prediction analysis.
Organizations worldwide are leveraging the power of big data analytics in accounting over the traditional approach. It is because of the many benefits that it brings to the table, including real-time data access and reporting, data visualization, data audits, and others.
Meta Launches New Reels Features, Including Stories to Reels Conversion and Improved Analytics
7 Critical Factors You Must Consider When Choosing RPA Tools
20 Best Tools To Help You Scale
Decoded Headless CMS & SEO
Twitter Outlines New Ad Improvements in Line with Evolving Data Privacy Approaches
Google Popular Destinations Overlays Google Travel Details
Snap Launches New Bitmoji Fashion Collection from Carhartt, as it Continues to Build its Personalization Tools
Google Merchant Center No Longer Disapproves Listings For Missing Return/Refund Policy Or Insufficient Contact Information
Meta Outlines its Approach to Election Security Ahead of the US Midterms
Your Power is Unleashed! Goku Powers Up Fortnite x Dragon Ball
Being In Close Contact With Google Doesn’t Benefit You
15 Excel Formulas, Keyboard Shortcuts & Tricks That’ll Save You Lots of Time
Top 7 Ecommerce Podcasts You Should Listen to in 2022
Main Advantages Of LED Lights You Should Definitely Know About
Google Testing More List View Top Stories With News Taking Over Web Results
The Ultimate Guide to Google Ads [Examples]
How Do Enterprise & SaaS Marketing Software Solutions Differ?
Marketers’ secrets to overcoming challenges
10 DuckDuckGo Facts For Digital Marketers & SEO Pros
Spreadsheets remain critical for marketers