Remember, how 50 years ago our businesses and industries used to operate? In today’s space age, we are highly dependent on technologies like IoT, Machine Learning and Artificial Intelligence. COVID-19 pandemic has made the world realize that nothing is possible without technology, forcing companies and businesses to implement the latest technologies into their industrial ecosystem. Computers and technology have become an integral part of everyone’s life even if you reside in a rural village today, apps like PhonePe and GPay are quite common in even small villages of India. Today’s start-ups seem to understand the problem much better and have been able to solve problems by experimenting and developing cutting-edge technologies to work with the business industries, which are highly in demand. Indian startups like Flipkart, Nykaa, and Swiggy make India the 3rd largest in the new business ecosystem. In this article, we will look at some of the most innovative industries in 2023 and how you can upskill for the most in-demand jobs of the space and digital age.
Big companies like Reliance and Tata have made efforts to improve the network and connectivity for everyone to have a chance to experience the change. India’s economy was dependent on the cash market on the daily local level for ages, many financial thinkers were not convinced with the idea of digital wallets being a success in India. But now we can see startups such as PhonePe and Paytm running smoothly without any disturbance in daily transactions, proven to be the most successful startups of their time. India emerged as a financial technology industry leader with the highest FinTech Adoption Rate of 87%. Financial technology skills are a must in this field, if you want to work for Banks, Financial Investment Firms, Insurance, Hedge Funds Companies, etc.
Below are some points that show the bright future of the Indian FinTech sector:
Healthcare is one of the most crucial industries to look at. Vital fields of AI (Artificial Intelligence) applications have been a part of medical research for a decade or more now.
Artificial Intelligence (machine learning) and a high-resolution thermal sensing device made possible innovations that help detect cancer in men and women who could suffer from cancer at a very early age.
The Health Technology sector requires skilled employees that can handle medical data, process Data science, IOT medical device programmer, digital health Science and more. The healthcare industry in India is growing at a CAGR of 16–17%. The Indian healthcare industry is one of India’s largest sectors, both in revenue generation and employment and that’s not it:
India is a big market for Food Technology, and successful startups like Swiggy, Zomato, Uber. Presently, India is home to around 500 agricultural tech startups. Famous agro startups in the Indian market space are Licious, Fresh To Home, Agrostar and more. You just need to be creative and you are a success.
Food Technology in India has seen massive success since 2016, increasing cloud kitchens and chains that are currently targeting customers who order home deliveries or like to go outside. Intelligent systems that keep in mind the logistics, technology and operations of these food startups.
Education Technology witnessed a boom in the Covid-19 times, because of the lockdown and home quarantine. Since then, startups like BYJU’S and Unacademy are making a lot of difference, collecting a revenue of 350 crores in INR. Schools and universities should allow the best cutting-edge experience for their students. This $3.55 billion rapidly growing industry is taking advantage of the technology available today and making a difference in tomorrow’s education system.
Innovation is the heart of entrepreneurship, and the leader is the brain of this whole operation. How can you truly motivate your team to think innovatively to think and collaborate? Businesses need innovators and thinkers, to either improve their existing products or methodologies, or it can create new ideas from scratch. You need skills in managing digital businesses that require high skilled CEO and managers to understand the complexity of the problems.
According to Morgan Stanley’s recent report, it estimates the aerospace sector has a potential growth of $1.1 trillion dollars by 2040. In Space Technology you need advanced computing and physics skills to work for these companies that make satellites, design space suits, develop tools for space mining, and create spaceports and space travel logistics. Some key points:
Digital businesses are more than an opportunity for improvement and cost efficiency, after COVID19 it has also become a matter of survival and things to run smoothly in an economy. Recent lockdown was a crisis that made the traditional business channels more challenging than ever. Companies like Netflix, Google and Amazon are leaders in the new-age digital businesses, virtually most of the companies who have digital operations running could benefit from digitization, particularly during COVID19. Some of the Indian digital business companies like Flipkart, Ola, OYO and many more are some examples. In the future, you may see even more companies becoming digital with time.
At Nouvos, we prepare fresh talents and innovators into ‘Market Doers’. Our extensive programs are customized to give you hands-on experience of real-world problems and how to be skilled to be a part of evolving business community.
State-of-the-art University situated in Pune, Maharashtra, one of the most highly recommended cities in India for Education and Higher Studies being an IT hub in India. We have a stellar track record established by the DY PATIL Group, having stood for academic excellence for four decades now. ADYPU collaborated with the Wales Institute of Digital Information, which will be our exclusive partner for the Digital Health and Innovation program, allowing students access to their expertise in order to further accelerate their careers in the Health Innovation Sector. For MBA Pro program also, the university collaborated with DMU Dubai where students will be offered an opportunity to study for a semester in Dubai with internship options in the Middle East. Not just that, you will be learning about the latest innovations in the space industry through master classes, industry visits, and internship opportunities during Space Technology studies in collaboration with our industry partner AADYAH Aerospace.
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MBA Pro is a global MBA designed for recent graduates and experienced professionals seeking international career advancement opportunities. 
Just as the circulatory system is vital to the human body, the finance sector is the economy's lifeblood. Technology and innovation are the driving forces behind rapid advancements in finance.
Is rapid advancement giving you FOMO? Do you have thoughts about transitioning into a whole new field? Look no further because we got you!
