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The widespread layoffs of some of the biggest (and perceived untouchable) names in tech have understandably rattled the industry.
And while the headlines may have sparked fears of a recession in the past few months, the tech industry as a whole is robust enough to weather the current storm into 2023 and beyond, especially in certain sectors.
Bright future for B2B fintech
External pressures and overly optimistic growth forecasts may have caused thousands of global B2C fintech job casualties at the end of this year, but the future of B2B fintech looks bright in 2023.
In fact, fintech in Europe is predicted to grow over the next 12 months, with Sweden and the UK standing out for their fintech ecosystem performance. That’s according to a recent report from McKinsey, which also named Ireland, the Netherlands, Denmark and Switzerland as growth forces.
The rise of the cloud and cyber security
The cloud sector has become synonymous with cyber security, and the need for more secure networks across all industries means that 43% of organizations worldwide are struggling to find top talent, meaning an even greater reliance on automation and managed security tools. This is partly down to a massive shift away from network-centric security to data-centric security.
Globally, cybersecurity is expected to grow by 14% before 2029, which is understandable when you consider the shift to online systems for the vast majority of small and medium-sized enterprises (SMEs) in the world after the pandemic. And with 28% of European SMEs experiencing cybercrime at least once, it makes sense that securing their data has become a top priority.
The rise of blockchain
The evolution of the Web3 depends on the adoption and assimilation of blockchain technology into our daily lives. With experts predicting the sector to add €5.67 trillion to the global economy by 2030, careers in blockchain cannot be overlooked.
While cryptocurrency has dominated the blockchain space in recent years, the infiltration of blockchain technology will not only be seen in retail, media and entertainment; Market Research Future also predicts that decentralized finance will become more prominent in the traditional banking, financial services and insurance sectors.
AR/VR on the rise
Everyone from George Harrison to Madonna has sung about humanity living in a material world, but it looks like we could be replacing materialism with a virtual world from 2023, as augmented reality (AR) and virtual reality (VR) accelerate towards widespread adoption.
According to Statista, there will be 1.4 billion mobile AR users worldwide by 2023, an increase of one billion from the 44 million recorded in 2019. In fiscal terms, GlobalData equates this to an AR market that will reach €56.83 billion in 2023 before reaching 315 euros. billion by 2028.
artificial intelligence (AI)
With more and more companies relying on machine learning and automation to power their day-to-day functions, AI software is in high demand. According to data collected by Gartner, the market for artificial intelligence software increased by 21% compared to 202, and those with experience in artificial intelligence, especially in senior positions, are in high demand.
Moving into a new specialty isn’t easy – but it’s not impossible, and since many software engineers and programmers are already fluent in programming languages along with a formal qualification in computer science or engineering, applying their skills to a new or emerging sector is achievable. It can also prove extremely lucrative in the long run.
So if you’re ready to make the leap into a new career in 2023 and want to put your skills to the test at a company pioneering the latest technology, the EU Technology Affairs Committee has hundreds of opportunities like the examples below.
Platform Engineer, ITV Jobs, London
ITV is looking for Platform Engineers to help build its data infrastructure, supporting the development of data products such as ETL, ML models and CDP within its new data network framework. You will work in a cross-functional team of platform engineers, security engineers and architects, using the latest technology. To apply, you will need experience working with infrastructure and cloud platforms (ideally AWS), have extensive knowledge of infrastructure such as code, containerization, automation and monitoring tools (eg Terraform, Kubernetes, Docker, Jenkins or Sensu) and have an understanding of data platforms and tools in the data domain. Sign up.
Chief Machine Learning Engineer – User Profile and Personalization (all genders), Zalando, Berlin
As a Principal Machine Learning Engineer in the Customer Profile and Personalization team, you will conduct bold research experiments, help drive Zalando’s scientific roadmap, and work with exceptional engineers and science leaders to lead the strategy of building the platform’s capabilities by working closely with the customer profile and personalization teams and central machine learning productivity teams. You will also be tasked with mentoring junior and senior engineers and actively collaborating with other teams. View the full job specification here.
Backend Engineer, Cryptocurrencies and Blockchain, Mastercard, Dublin
CipherTrace, a Mastercard company, is a fast-growing leader in cryptocurrency intelligence and compliance. Currently hiring Backend Engineer, Cryptocurrency and Blockchain to develop the blockchain economy by making crypto safe for users and trusted by governments. In this role you will build tools for next generation crypto, law enforcement and DeFi platforms and design and build support for multiple chains and currencies. Find out more information here.
For more great tech opportunities in 2023 and beyond, visit the Tech EU Jobs Board today
Main image: Armando Ascorve Morales
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