10 Highest Paying Software Jobs

Konfinity
December 4,2020 - 6 min read
10 highest paying software jobs

If you are interested in making a career in technology, you have a bright future ahead! Whether you like working with as a data scientist or you are fascinated by Artificial Intelligence or you simply like to code and solve problems, the future ahead is one to look for. As you know, the IT industry is one of the fastest-growing and dynamic industries in the world. Even in this pandemic, the IT industry is booming.

There is a plethora of jobs available in the IT industry an most of them are in fields like Artificial Intelligence, IoT, Big Data, Cloud Computing, Web Development and the like. In this blog we discuss, 10 Highest Paying software Jobs in 2020. The salary you get hugely depends on your skill set and work ethic and hence the pay mentioned here cannot be taken as the exact figure.

We hope the list helps you understand the technology sector better and estimate the average pay you can expect as a software developer. Other than choosing the best specialisation, this might also help you in interviews and hence propel you to succeed in this super-competitive industry.

  1. Data Scientist

    In this world of technology, it is said that data is the new oil! The profile of a Data Scientist is currently the highest paying job around. As a Data Scientist, you handle, analyse and make sense of complicated data to find common trends and patterns. The analysis of the data helps individuals, organisations and industries in making more informed decisions. The role of a data scientist involves collecting data from various sources, cleaning it to ensure accuracy and integrity and then comes the final step i.e. using various techniques to analyse the data. Data visualization techniques are used to illustrate the findings. It is basically used to represent the result to company officials. The skills required to become a Data Scientist are knowledge of statistical analysis, programming languages such as Python, SQL and the like and other interpersonal skills such as good data intuition and business acumen are also important. The average pay for a Data Scientist is 141,000 dollars per annum.

  2. IoT Developer

    Internet of Things is the trendiest and the biggest technology trend in these modern times! IoT basically connects various devices over the internet. These devices form the basis of smart homes and cities. An IoT engineer is not only one of the highest paying jobs but also one of the most interesting profile in the IT industry. An IoT developer works on solutions and applications using IoT technology along with handling the whole ecosystem of Internet of things which involves making abstract ideas more concrete by translating them into probable IoT solutions. If you wish to be a IoT developer, you should have a good knowledge of machine learning, efficient programming skills and experience with hardware architecture. A thorough understanding of about IoT solutions is necessary if you wish to enter this industry. As an IoT developer, you can expect a pay of $133,000 per year.

  3. Software Engineer

    This is the profile which is probably the most popular in the IT industry. A software engineer is an important part of the industrial cycle of making a software product. Their demand has grown in the current times simply because software innovations are at an all- time high. As a software engineer, you would interact with clients, design, develop, maintain and test computer software. Make sure you have a good understanding of software architecture and software prototypes to ensure the quality of the design before you start your journey as a software developer. A strong technical knowledge of your domain, good analytical, programming, communication and management skills will help you become a good software developer and you can easily accept 130,000 dollars per annum.

  4. Blockchain Engineer

    Technology is progressing every day and BlockChain is one of the newest inventions. Blockchain is being increasingly used by different domains in the IT industry, it basically uses records or segments linked using cryptography. As a BlockChain Engineer, you develop, implement and test digital solutions using the technology of BlockChain. Normally, system architecture, decentralized applications and the like are constructed by BlockChain Engineers. Before you become a BlockChain Engineer, make sure you have a deep knowledge of various BlockChain technologies. Developing analytical skills and practicing to pay attention to detail can also help you become a proficient BlockChain Engineer and can easily expect $130,000 per year.

  5. DevOps Engineer

    DevOps, a term made up of development and operations, consists of a set of practices that speeds up the building, testing, and delivering the software by efficiently automating certain processes. Normally, a DevOps engineer handles the deployment model, the resources for provisioning, monitoring the release performance, etc. If you are good at coding and scripting, having a deep knowledge of DevOps tools such as Gradle, Git and the like along with an understanding Linux system administration, you are good to go. On an average, DevOps Engineer can expect $123,000 per year.

  6. Artificial Intelligence

    If you are even remotely interested about the world of technology, you would have heard about artificial intelligence because every organisation is finding ways to incorporate the technology of artificial intelligence in their products and services. I am sure you can imagine the demand for a developer who works in artificial intelligence. The typical role of an AI engineer is to develop, manage AI applications and create AI solutions for clients. The demand for AI has made way for extra competition in this industry. If you want to make a name for yourself in this industry, make sure you have a good knowledge of languages such as Python, R and the like, basically the languages that are used for statistical computing. You should have a knowledge of technologies used in the domain of AI such as Machine Learning, Deep Learning, Neural Networks and a whole bunch of other technologies. The average pay for an Artificial intelligence engineer is anywhere between $119,000 per year.

  7. Cloud Computing Engineer

    The growing demand for businesses has eradicated the need of data centres and given birth to the need of cloud computing. Cloud computing allows companies and organisations to operate using data centres across the world at low costs. Almost every organisation is utilising the technology of cloud computing to render their services and hence the popularity Cloud computing engineers have increased. Strategizing how your organization will make use of cloud computing would be your main task as a cloud computing engineer. Your main responsibilities would include cloud management and application design and understand the cloud architecture, deployment models and the like. Some of the skills required for becoming a Cloud Architect are the knowledge of any one operating system such as Linux, Unix, etc and an in- depth understanding of cloud computing services, cloud security and the like. Once you are set, as a Cloud Architect, you can expect $118,000 per year.

  8. Data Warehouse Engineer

    Data Warehouse is the process of storing data carefully in order to mine actionable insights. From creating the data warehouse to designing solutions to working with data warehouse technologies for effective management in a company, a data warehouse architect has to juggle through all these roles to control the vast amount of data in a Data Warehouse. Before beginning your career as a Data Warehouse Architect, polish your knowledge of data warehousing technologies and database design and develop good communication skills. The average pay for a Data Warehouse engineer can be arounf $116,000 per year.

  9. Full Stack Developer

    A Full Stack developer works on all aspects of application development, he/she builds the front- end as well as the back- end. A full stack developer is often the leader of a web development project and hence is expected to have a knowledge of a wide range of web development technologies such as database management, computer networking, system infrastructure and the like. A web developer is expected to have a wide range of skills that would help propel a successful career in the world of we development. You can go through this blog to have a detailed analysis of the skills required to become a full stack web developer. Once you are good at developing websites and web applications, you can expect an average pay of $110,000 per year as a Full Stack Developer.

  10. Product Manager

    The world of technology is growing at an unprecedented rate, there are many cutting edge products developed by tech companies across the world. You can imagine that behind the success of any product is a Product Manager who handles the entire process of development. The high responsibility attached to this job makes it a well-paying role in the current technological ecosystem. The primary responsibility of a product manager is to define a product in detail, curate a team to work on a particular project, keep track of the development process of production process and ensure that the final delivery or the launch is not delayed. Product Lifecycle Management (PLM) is the most important term in a product manager’s job and hence he/she is required to be experienced enough in product lifecycle management. A good knowledge of product management tools like Asana, PivotalTracker, JIRA and others like them is also going to help. If you have all these desired skills along with soft skills like communication and time management skills and the ability to lead a team then you can easily expect your average pay as a Product Manager to be $100,000 per year along with other benefits depending on your company.

With this we come to an end of our list of 10 Highest Paying Software Jobs and especially in 2020. We hope this list would help you in your career in the world of technology.

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