The Overseas Job Market is rapidly transforming than one would expect. The transformation has been an increasing trend in the latest years. Firms have to now update, implement and adapt to new methods of doing business in the digital era.
The emphasis is on those who can add more value to the businesses. There is also a need to find ways for doing things that cannot be done by automation, as quoted by the Hindu.
Sectors such as Law and Accountancy in the Consulting domain will have to enhance the skill sets of their professionals. This is for having a thriving future. It is applicable to all firms irrespective of their sizes.
For succeeding in the Overseas Job Market, candidates will have to enhance their value addition. This is through offering solutions, knowledge, and expertise through coaching and advice. Mere ticking boxes will not be adequate.
Technological advancements and demographic changes may lead to a loss of 5 million plus jobs by 2020. This is as per the report of the World Economic Forum titled ‘The Future of Jobs’.
The Overseas Job Market is thus likely to experience radical transformation over the coming years. The report also forecast that certain roles will be in a higher demand.
The 12 technologies that will transform the Overseas Job Market are:
- Machine Learning
- Artificial Intelligence
- Block Chain
- Big Data
- Angular and React
- Virtual Reality and Augmented Reality
- Cloud Computing
- IoT – Internet of Things
- Dev Ops
- I – Apps – Intelligent Apps
- RPA – Robotic Process Automation
- Digital Marketing
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