If you are planning to enhance your tech skills for the purpose of improving your career, there are a lot tech skills you can choose to focus or specialize in. You can begin with Java logging best practices and get deeper as you gain more knowledge. Although Java, SQL, HTML, and CSS are still very popular, the competition is getting tougher, and as a result, pay rates have become volatile in the industry.
Nevertheless, there are 1,400 tech skills you can choose to develop. The only challenge is to choose which among them are highest paid? Basically, pay rate is based on supply and demand, and if the demand for a particular skill is much higher than the supply; expect that skill to have a high pay rate.
Today, we will be going through which tech skills are the highest paid based on demand this 2017. Let’s get started!
Data Management Is on the Rise
Every year, the demand for a particular set of skills changes. In the early days of the internet, web design was the talk of the town. As a result, many tech professionals developed the skills related to web design. In recent years, mobile apps came in, and as a result a lot of mobile app developers came into the picture.
However, these days, things have changed. Tech trends are becoming more bias with data management and interpretation of large volume of data as IoT and AI are becoming more prevalent. The massive explosion of the volume of data that must be processed has paved the way for the tech skills needed to manage it.
To give you a clue, here are the top ten highest paid skills for 2017 according to Dice Insights:
- Cloud Foundry
- Apache Kafka
SAP’s HANA is leading among the rest. HANA stands for High Performance Analytical Application. This is used to process a huge volume of data in no time, so this skill is the most productive in this category, and because of this, salaries of professionals who are skilled in HANA can reach up to $129,000 per year.
What is surprising about HANA is that the demand is equal to the supply. Normally, a skill that is highest paid has a lot more demand than the supply in the job market. This means that more and more people are developing this skill, and the demand for it also grows along with the supply.
What’s the Real Score?
If you are a novice programmer, you may think of IT developers as the most sought-after professionals. On the contrary, you may also notice that some people with a degree in information technology still find it hard to look for in a tech-related job.
This means that being a graduate of information technology does not guarantee success. The most important thing you should be aware of is which tech skill offers good opportunities.
It’s true that the law of supply and demand is a major factor which determines the pay rate for a particular skill, but it’s also important to note that competition is a factor which shapes the supply. In choosing a skill to develop, always consider the level of competition because it’s how you can measure the risk.
Nowadays, having a better career is being replaced by having newer skills. If you want to have a stable job keep improving your skill set to the tune of what’s in demand in the marketplace as we’ve talked about today.