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Top 13 Best Paying Jobs In Technology – 2022

Date:

  1. Best Paying Jobs in Technology
  2. Top 13 Best Paying Jobs in Technology
  3. Conclusion

Best Paying Jobs in Technology

The quest for the right job has always been a prominent saga in one’s life. Not that we are unaware of the ever-changing technology and the evolving career paths, and just a bit of proper research and planning can help you learn the right skills and advance on your career path. No matter if you are an IT fresher or a mid-career professional from some other sector thinking of switching to IT, it is essential to be aware of the best-paying jobs in technology first. With the intent to help you have stability in your career, here’s a list of the 13 best-paying Jobs in Technology. 

Top 13 Best Paying Jobs in Technology

  • Data Scientist
  • Big Data Engineer
  • Software Architect
  • Blockchain Engineer
  • DevOps Engineer
  • Data Architect
  • Cloud Architect
  • Full-stack Developer
  • Artificial Intelligence Engineer
  • Product Manager
  • Database Manager
  • Data Security Analyst
  • Information Security Analyst
Best Paying Jobs in Technology

Data Scientist

There are chances you have already heard, if not completely aware, of the job of a Data Scientist. It is indeed the highest-paying job profile as of now. A substantial surge of 344% in demand for Data Scientists since 2013 has been seen. The reason that the average increase in the demand for Data Scientists per year has been found to be 29%, it has become one of the most sought-after jobs in the industry. Data Science is a wide field, opening up opportunities for data analysts and data architects as well. 

A data scientist analyzes the business data, cleans it, explores it by digging deep into it, builds a suitable model for the business and predicts the future, and recommends future action to be carried out.

The traditional method to analyze data is using excel, but now advanced programming languages like Python and R are used to perform complicated analyses with few lines of code. Data visualization tools like Tableau and Power BI for business intelligence. This demand for skills increases the demand for Data scientists. According to LinkedIn, there has been a 650% increase in data science jobs since 2012. The leading job portal websites like indeed, shine, and Naukri gives evidence to this claim as they had about 1700 job postings with data science, which has increased to 4500 in 2018 and 6500 in 2020. This is considered one of the top best-paying jobs in technology.

The U.S.Bureau of Labor Statistics sees strong growth in the data science field and predicts the number of jobs will increase by about 28% through 2026.

Is data science the fastest-growing tech job? The answer is a resounding YES! The demand for Data Scientists is increasing every day, and the lack of resources for these jobs makes data science a very lucrative option for a career path. 

Also Read: Become a Data Scientist

Job and Skill Specification 

A Data Scientist is one who analyses and weaves interpretations out of complex data. Deep analysis and trend study performed by data scientists are essential parts of any business organization that helps in making efficient and timely decisions. A data scientist should have the following skills:

  • Machine Learning Algorithms
  • Data Modelling
  • Python, SAS, R, and other analytical tools
  • Identification of Business Issues and Solutions

Data Scientist Salary 

In India, a data scientist can earn as high as INR 54 LPA and as low as INR 5 LPA. The average salary turns out to be around INR 22 LPA. The average annual salary of a data scientist in India is INR 11 LPA. In the US, they can make up to $150,000 per year. Owing to the rising demand for data scientists, there is no doubt they are well paid.  

Experience Level Approx Salary Per Annum in India
Entry level INR 5 Lakhs
Early-Career INR 6.1 Lakhs
Mid-Career INR 10 Lakhs +

Big Data Engineer

In today’s data-oriented world, harnessing and gaining insightful knowledge from the data generated all across the globe is pretty much a deal. The fact that web users are generating over 2 quintillion bytes of data on a daily basis justifies the importance of data engineers well. They are the ones who deal with all the big data applications. The entire lifecycle of large-scale deployments is majorly in their hands. This is considered one of the top best-paying jobs in technology.

Job and Skill Specification 

Massive volumes, typically in the ranges of terabyte and petabyte, of data – customer, product, and operational, fall under Big Data. Big data analytics are highly useful in optimizing key business and operational use cases. They mitigate compliance and regulatory risks and create net-new revenue streams. A Big Data Engineer might need to cleanse, aggregate, transform and fine-tune different forms of data so that business analysts, data scientists, and other downstream data consumers can extract information systematically and conveniently.  

Since the job of a Big Data Engineer is all about tussling with big data, they need to have technical expertise in the following areas:

  • Data Warehousing Technologies
  • Data Visualization
  • Hadoop, NoSQL, Spark, and other Software Utilities 
  • Programming
  • Communication

Big Data Engineer Salary 

In India, a mid-career Big Data Engineer professional can earn over ₹8.1 LPA on average. In contrast, an entry-level Big Data Engineer and an experienced professional may earn up to INR 4.66 LPA and INR 34 LPA, respectively. A senior Big Data Engineer earns $1,35,961 per year on average in the US.

Experience Level Approx Salary Per Annum in India
Entry level INR 4.6 Lakhs
Early-Career INR 7.2 Lakhs
Mid-Career INR 12.6 Lakhs +

Software Architect

Another high-paying job is that of a Software Architect. With everyday new and advanced softwares being launched, the need for skilled Software Architects in the industry never dies. A software architect is an IT professional who is responsible for optimizing the software development process. Making design choices for various softwares and ruling technical standards such as coding, models, tools, and platforms, all fall on the platter of a Software Architect.

Job and Skill Specification 

A Software Architect’s job includes identifying a customer’s requirements and performing hands-on work to develop software prototypes. Hence, a Software Architect is required to develop a skill set of the following skills:

  • Data modeling
  • A decent understanding of software architecture
  • Programming skills
  • Analytical skills

Software Architect Salary 

The average salary of a Software Architect in India on a yearly basis is over INR 22 Lakhs. Their salary range can start from INR 13 LPA and expand up to INR 45 LPA. In the US, a Software Architect can earn a handsome amount of $1, 34,222 in a year. 

Experience Level Approx Salary Per Annum in India
Entry level INR 10 Lakhs
Early-Career INR 15 Lakhs
Mid-Career INR 25 Lakhs +

Blockchain Engineer

Blockchain is one of the younger technologies, giving way to interesting career opportunities. To become a Blockchain Engineer, you have to specialize in using blockchain technology to develop and implement various solutions. By 2023, the overall worldwide investment in blockchain solutions is estimated to reach 15.9 billion. Moreover, the increasingly growing acceptance of IoT (Internet of Things) is also giving way to Blockchain opportunities. Now, there is a clear indication of the plethora of demand for global blockchain experts across industries.

Job and Skill Specification 

The Core Blockchain Engineers are responsible for designing the blockchain system architecture and overseeing its security. On the other hand, Blockchain software Engineers or Developers are into creating web applications and apps (decentralized apps) along with smart contracts by using the core web architecture that the Core Blockchain Engineers develop. The skills that are called for in the skillset of a Blockchain Engineer are:

  • Solid Programming
  • Deep Understanding of R3, Hyperledger, Bitcoin, Ethereum, etc.
  • Consensus Methodologies
  • Security Protocol Stacks, crypto functions, and libraries
  • Basic knowledge of tools like Meta Mask, Geth, truffle, and so on 

Blockchain Engineer Salary 

The average salary of a Blockchain Developer in India is approximately INR 6.5 Lakhs per annum. They are expected to get a minimum pay of INR 2.4 LPA and a maximum of 19 LPA. On a broader scale, their salary can even go as high as INR 30 LPA. In the US, a Blockchain Developer can earn up to $1, 22,000 per year as a Junior Blockchain Engineer. For a senior Engineer, it can be around $1, 46,250 in a year.

Experience Level Approx Salary Per Annum in India
Entry level INR  2.4Lakhs
Early-Career INR 6.5 Lakhs
Mid-Career INR 19 Lakhs +

DevOps Engineer

The next that comes on the list of best-paying jobs in technology is DevOps Engineer. The job of a DevOps Engineer is mainly concerned with deployment, network operations, or application development. You might find a DevOps Engineer working as a part of either the development or Operations team. With the ever-evolving technology and business complexities, solving the conflicts between the development and the Operations team has been a bottleneck for a long. But not anymore, since the companies that follow DevOps practices have DevOps Engineers to eliminate such conflicts. They are key players in enhancing the speed and efficiency of the business. 

Job and Skill Specification 

DevOps Engineers are responsible for maintaining the infrastructure and facilitating automation by integrating them with Cloud services. They might need to work on shell scripting in Python/PHP and Ruby. DevOps Engineers in the Development team have their share of work in deployment and network operations. On the other hand, the DevOps Engineers of Operations team participate in application development. The skillset of a DevOps Engineer comprises the following skills:

  • Proficient in Scripting and Coding
  • Good Understanding of Deployment and Network operations
  • DevOps Tools, such as Git, Jenkins, etc.
  • Sound Knowledge of Unix or Linux Administration Systems

DevOps Engineer Salary 

In India, the average estimated salary of a DevOps Engineer is INR 6 Lakhs per annum, with INR 4.1 LPA being the lowest and INR 12.3 being the highest pay. The average annual salary of a DevOps Engineer can be around $96,239 in the US. 

Experience Level Salary Per Annum in India
Entry level INR 4.1 Lakhs
Early-Career INR 6.2 Lakhs
Mid-Career INR 12.3 Lakhs +

Data Architect 

Each and every industry is becoming data-driven. As such, all the IT professionals whose job is to do with real-world data are highly important. That being said, Data Architect is one of the other high-paying IT jobs. A Data Architect is an IT professional with expertise in analyzing a company’s data needs and database infrastructure. In order to convert business needs into data and IT system requirements for the alliance and manage the complex flow of data and information within the organization, enterprises need to deploy data architecture. Hence, the growing need for data architects is justified. This is considered one of the top best-paying jobs in technology.

Job Specification and Skills 

Data Architects are responsible for developing and managing the organizational framework aligned with business processes for standardizing the data accumulation, storage, transformation, dissemination, and usage. These are some of the must-have skills of a Data Architect:

  • Programming Languages (Python, C/C++, Java, Perl)
  • Thorough knowledge of Systems Development
  • Data Modelling and Design
  • Predictive Modelling, Natural Language Processing (NLP), and Machine Learning (ML)
  • Data Management and Reporting Technologies
  • Data Mining and Data Visualization

Data Architect  Salary 

In India, the annual salary of a Data Architect ranges from INR 13.7 Lakhs to INR 38 Lakhs, making the average pay to be around INR 20.46 Lakhs. Yes, that’s just how significant a role a data architect plays in a company. The average annual salary of Data Architects in the US is $117,729. 

Experience Level Approx Salary Per Annum in India
Entry level INR 13.7 Lakhs
Early-Career INR 20 Lakhs
Mid-Career INR 30 Lakhs +

Cloud Architect

We already know how Cloud is booming the industry. As per the latest forecasts, the industries are expected to spend $304.9 billion in 2022 on public cloud services. Not to mention, Cloud services are playing a prominent role in helping businesses recover from the blows of the pandemic. Owing to that, the rising demand for Cloud Architects definitely makes it a high-paying job in technology. The deployment and overseeing of any organization’s Cloud computing technologies are in the hands of cloud architects. Their platter of responsibility is inclusive of cloud adoption planning, cloud application designing, and Cloud controlling & monitoring. 

A cloud architect is responsible for developing a company’s cloud strategy, from design to adoption, management to monitoring. They have the responsibility for recommending public, private, or hybrid cloud solutions and evaluating different providers and contracts. A cloud architect should also have a good understanding of the business to create a flexible and scalable strategy, as well as networking, infrastructure, and security.

Daily responsibilities can range from recruiting cloud talent, assessing existing and future applications/software/hardware for cloud use, creating cloud service managers, as we will describe in a moment, establishing Cloud best practices, selecting and vetting service providers, managing governance and risk programs, managing budget and costs, and scaling infrastructure.

Collaboration and familiarity with the latest cloud platforms and integration tools are important skills for the cloud architect, who must also have a deep understanding of enterprise IT at many levels.

Soft skills required for the cloud architect include management skills, communication, collaboration, financial or budgetary experience, vendor management, and thought leadership. This is, above all, a managerial role that works with various IT teams, business stakeholders, managers of other business departments outside IT, and a variety of vendors.

A certified cloud architect adds a feather to his cap. Cloud Architects Increasingly in Demand. 

Also Read: 6 Cloud Architect Interview Questions and Answers

Job and Skill Specification 

A Cloud Architect is responsible for ensuring the proper deployment and security of a company’s Cloud system. The skills that a Cloud Architect requires are:

  • Good Communication
  • Deep Understanding of Cloud Application Architecture
  • Proficiency in Amazon Web Services (AWS), Azure, or Google Cloud

Cloud Architect Salary 

On average, a Cloud Architect is estimated to grab a lucrative pay of INR 21 Lakhs per year, where INR 9 LPA is the minimum pay and INR 31 LPA is the maximum pay. In the US, $1,50,000 per year is the national average pay of a Cloud Architect. The interesting part, these skills in the Cloud Computing field can land you several other Cloud Computing jobs with decent pay.

Experience Level Approx Salary Per Annum in India
Entry level INR 9 Lakhs
Early-Career INR 19 Lakhs
Mid-Career INR 30 Lakhs +

Full Stack Developer

By 2023, the count of Full Stack Developers all over the world is supposed to be 27.7 million, with the current count being more than 23 million. So, indeed, it is one of the highest-paid jobs in IT. To put it simply, a Full Stack Developer looks after the front-end as well as the back-end development along with other necessary aspects of a development phase. One must be skilled enough to handle each development stage, from the abstract idea to the final product. 

A full-stack is a web developer who can develop both client and server software. Web development has two parts – front-end and back-end developer. This is considered one of the top best-paying jobs in technology.

While the front-end involves the visible part of the application with which users interact (user interface), the back end is where all the actual magic happens. The back-end of an application includes business logic (how the system functions and how the data flows a series of tasks), how the data is stored, and where the solution runs. A full stack is created by combining both the front-end and back-end.

Full Stack Developers have a broad skill set and extensive knowledge base. Thus, one needs a minimum of a year of experience in software development to earn the title of a Full Stack Developer. Large companies and small start-ups alike highly value them. 

Technical skills required for a Full-stack developer:

Server-side: web framework, programming language, database, web server, operating system.

Client-side: Java Script, HTML, Cascading style sheets (CSS).

The Full-stack developer is a highly skilled expert who can handle everything related to web development. These Full Stack Developer skills are what differentiates them from the Front-end and Back-end Developers. 

These technical skills and their impact on the business make the Full stack developer a promising career option.

According to the United States Bureau of Labour Statistics, there will be 8.53 million open job roles for Full Stack Developers by the year 2024. The multi-dimensional job role will provide you with job opportunities as companies are always looking at optimizing resources. The year 2021 is considered the best time to build your career as a Full Stack Developer, as companies are looking to hire professionals who have knowledge of all the levels of an application and can take full ownership of a project.

Also Read: Full Stack Developer Salary

Job and Skill Specification 

A Full Stack Developer’s duty may call for developing APIs with the help of MEAN Stack tech. They make sure that the developed codes fit the data integrity and security factors, making the created applications responsive, and abiding by the documented standards. The skills falling under must-haves for a Full Stack Developer are as follows:

  • Web Development Fundamentals
  • Development Technologies include MongoDB, AngularJS, Node.js, and Express.js.
  • Design and Development of APIs
  • Good with Coding and Scripting
  • Familiarity with Database Technologies

Full Stack Developer Salary 

The salary of a Full Stack Developer starts from INR 3LPA and can go up to INR 14 LPA. Hence, one with Full Stack Development skills can expect an average pay of INR 8.5 LPA in India. In the US, $1, 01,334 per year is the average annual income of a Full Stack Developer. 

Experience Level Approx Salary Per Annum in India
Entry level INR 3 Lakhs
Early-Career INR 8 Lakhs
Mid-Career INR 12 Lakhs +

Artificial Intelligence (AI) Engineer

Artificial Intelligence has always been a hot cake. So, how could the job of an Artificial Intelligence Engineer not be one of the highest-paid tech jobs? With the close competition going on in the field of AI, the demand for AI Engineers is soaring high. An Artificial Intelligence (AI) Engineer looks after developing and managing all kinds of AI initiatives within the organization. By 2024, the AI market size is envisaging a growth of USD 4,791 million at a Compound Annual Growth Rate (CAGR) of 48.4%.

Artificial Intelligence (AI) Engineers are responsible for the AI initiatives of any organization. Artificial Intelligence is nothing but making a computer think by itself as a human does. How the human brain thinks, learns, decides, and works when it tries to solve any problem. Artificial intelligence is composed of Reasoning, Learning, Problem Solving, and Perception.

Artificial Intelligence engineers are responsible for developing, programming, and training complex algorithms. AI engineers help to automate important infrastructure for the data science team. They are responsible for any AI model implementation in business and communicating it effectively to the business audience, like product managers and stakeholders. They transform the machine learning models into an Application program interface (API) with which other applications can interact. This is considered one of the top best-paying jobs in technology.

An AI Engineer should have strong mathematics and statistics knowledge. In addition to this, he should have strong programming skills in Python, R, and Torch. He should understand how TensorFlow and other similar technologies work. Know about Machine Learning, Deep Learning, and Neural Networks. Every organization has started automating its business by using these AI technologies.

The career opportunities for AI engineers have increased over the years to a certain level that they top the list on job portal websites like Naukri, indeed, etc. There is no doubt that the demand for AI engineers is going to increase over the year due to the wide range of openings for this position. People are interested in upskilling themselves with this new technology. The AI market is projected to become USD 190 billion in industry. Exceptional programming skills, along with strong knowledge of software development tools, are the prerequisite to getting into the AI industry. Though there is high demand for AI professionals, certified candidates are available very few, and earning an AI certification will only create added value to your career. Certification will help you get a job and increase your salary package between 13-15% compared to a non-certified professional.

Job and Skill Specification 

Every Artificial Intelligence Engineer ought to be good in Mathematics and Statistics. The AI Engineers are responsible for designing and deploying AI models using Machine Learning, Deep Learning, and Neural Networking that can be used for gaining business insights. Their skillset goes as follows:

  • Sound Programming Skills including Python, Torch, and R
  • Good Understanding of TensorFlow and Other Related Technologies
  • Profound Knowledge of Major AI Technologies like Machine Learning, Deep Learning, and Neural Networking

Artificial Intelligence (AI) Engineer Salary 

Ranging from INR 8 Lakhs per annum to INR 50 Lakhs per annum, the average annual salary of an Artificial Intelligence Engineer is 29 Lakhs per annum in India. The average annual salary of an Artificial Intelligence Engineer in the US is estimated to be $1, 19,297.

Experience Level Approx Salary Per Annum in India
Entry level INR 8 Lakhs
Early-Career INR 20 Lakhs
Mid-Career INR 40 Lakhs +

Product Manager

Now, you must have heard about Product Managers. Their job comes next on the list of best-paying jobs in technology in the current scenario. A Product Manager is one who determines all the parameters around the products and gets the engineering team to build as per the defined parameters. They lead the development of that product from start to end, i.e., from conceptualizing to launching.

Job and Skill Specification 

A Product Manager plays a key role in the development of any business product. The responsibility of coming up with an operating plan for the fulfillment of technical and strategic objectives and targets, preparing product portfolio, implementing and monitoring marketing activities, and participating in product strategizing and envisioning. The primary skills required by a product Manager are:

  • Hands-On Experience with Product Management Tools such as JIRA, Asana, and PivotalTracker
  • Proper understanding of the Concept of Product Lifecycle Management (PLM)
  • Time Management Skills
  • Analytical Skills

Product Manager Salary

The salary of a Product Manager can lie anywhere between INR 5.7 Lakhs per annum and INR 35 Lakhs per annum. Their average salary is computed to be INR 16.6 Lakhs per annum in India. The average salary for a Product Manager in the US is $ 13,446 per year. 

Experience Level Approx Salary Per Annum in India
Entry level INR 5.7 Lakhs
Early-Career INR 10 Lakhs +
Mid-Career INR 30 Lakhs +

Database Manager

Another job revolving around databases is, Database Manager, and hence the high pay. Database Managers’ major task is to spot problems that occur in databases and take the right actions to troubleshoot those issues. They also provide assistance with the design and physical implementation of databases on storage hardware and their maintenance. This is considered one of the top best-paying jobs in technology.

Job and Skill Specification 

An organization’s database managers are responsible for storing and analyzing its data. Apart from structuring and designing the database, they have to ensure the effectiveness of database tools and services. They work in close alliance with database developers and, nevertheless, provide guidance and training to their junior database staff. The list of required skills for Database Managers goes as follows:

  • Detail Orientation and Strong Problem Solving
  • Excellent Proficiency in Structured Query Language (SQL)
  • Adequate Knowledge of Database Technologies
  • Hardware and Software Troubleshooting
  • Great Communication Skills

Database Manager Salary 

In India, the average salary of a Database Engineer comes out to be INR 15.86 Lakhs per annum. The minimum salary that a Database Engineer can draw annually is INR 2 Lakhs, whereas the maximum pay can even be as high as INR 35.9 Lakhs. The annual salary of a Database Engineer, on average, is $64,352 in the US. 

Experience Level Approx Salary Per Annum in India
Entry level INR 2 Lakhs
Early-Career INR 12 Lakhs +
Mid-Career INR 20 Lakhs +

Data Security Analyst

Cyber-attacks have been frequent and severe with the ongoing wave of the digital revolution. Thus, data security or information security has become an absolutely significant concern. And, for that matter, Data Security Analyst is among the highest paying jobs in technology. A Data Security is an IT expert whose work is conducting security assessments through vulnerability testing and risk analysis. They perform both internal as well as external security audits. This is considered one of the top best-paying jobs in technology.

Job and Skill Specification 

The role of a Data Security Analyst calls for doing an analysis of security breaches to identify the root cause and making continuous updates to the company’s incident response and disaster recovery plans. A Data Security Analyst strategizes the computer systems or network safety plans, installs and maintains data security standards, and works with clients to closely examine the security risk factors. Following are the skills that you need to possess as a Data Security Analyst:

  • Information and Network Security
  • Analytical Thinking and Problem Solving
  • Strong Know-how of Information Technology
  • Communication and Collaboration
  • Creativity and Detail Orientation

Data Security Analyst Salary

The annual income of a Data Security Analyst might range from INR 3.5 Lakhs per annum to INR 12.3 Lakhs per annum, which means the average salary is INR 5 Lakhs per annum. One as a Data Security Analyst can make up to $1, 03,590 on average in the US.

Experience Level Approx Salary Per Annum in India
Entry level INR 3.5 Lakhs
Early-Career INR  5 Lakhs
Mid-Career INR 12 Lakhs +

Information Security Analyst

Who is an information security analyst? The primary role of a security analyst is to monitor and prevent business data. They create software systems and implement firewalls to protect data and network infrastructures.

Every business invests a lot of money in data security to secure their data from hackers,

What is the job role of this security analyst? These analysts help the organization in fixing any issues related to a network security system, patch or respond to issues, and prevent breaches. The role of these security analysts has become in high demand due to data breaches in major companies. To maintain the integrity and reputation of any organization, it is highly essential to protect customer and user data. 

Some of the key soft skills required to become an information security analyst are Learning, Critical thinking, collaboration, and communication. Networking, scripting, Hackings, and knowledge about the operating systems are the core technical skills required to become a security analyst.

The U.S. Bureau of Labor Statistics (BLS) projects a 32% employment growth in the field of information security analysts from 2018 to 2028.

A typical data of an Information Security Analyst depends on their specialty and employer. Information Security Analysts at banks typically work to secure financial transactions, while those who are working in a technology company may spend time protecting sensitive user data.

Information Security Analyst uses their network security, critical thinking, and analysis skills to detect security breaches, test current security measures, install software, and plan for possible cyber-attacks. 

Also Read: Benefits/Use Cases of Cybersecurity Across Different Domains

Conclusion

So, here the list of the 12 best-paying jobs in technology comes to an end. Even if you don’t get into any of these job roles specifically, you can explore several other career options through these fields in technology. These are the fastest-growing tech jobs for 2022. The ones who acquire the required skills with certification can make a successful career in this tech field. Check out Post Graduation in Software Engineering to understand more about software concepts and land high-paying tech jobs in the world. Hope it helps you upskill and power ahead!

Also Read: Top Ten Highest Paying Jobs

All the best!

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