Instability is at the heart of technology, as new innovations constantly change the game. However, the last couple of years have been especially volatile as interest rates rose, VC funding free-for-alls dried up, and mass layoffs began.
Now things are beginning to stabilise, and organisations are hiring more strategically, jobs across tech sectors are a safer bet. Here's where savvy job seekers are looking in 2024.
AI
The chaotic CEO changes at ChatGPT creator Open AI late last year don't exactly scream stability, but there is no denying that AI and Generative AI remain the hottest topics in town.
While tech companies like Apple, Meta and Microsoft have already benefited from AI and have seen share prices grow, 2024 is predicted to be the year that companies outside big tech adopt the technology in bids to cut costs and increase efficiencies.
KPMG research across multiple industries reveals that 71% of firms plan to implement their first GenAI solution within two years, and four-fifths of firms plan to increase their investment in AI over 50% by the close of H1 2024 alone.
High-paying roles in AI include prompt engineering, and more client-facing positions like AI Architects.
Cybersecurity
With all the gains in AI technology, the downside is that it's now easier than ever to impersonate and deceive online, and en masse. Deepfakes can get around voice and face recognition access controls, and phishing attempts can be relentlessly automated.
Also with cloud transformations and remote working ongoing across organisations and industries, cybersecurity has never been more important.
Hot jobs in this area include cybersecurity engineers and cybersecurity analysts.
Fintech
Aside from cryptocurrency and Bitcoin, which have considerable volatility, the fintech industry continues to improve financial services for individuals and companies, and valuations remain steady.
Forecasters indicate that by 2026, the market will have expanded to $37,343.95 billion, a development rate of a 9.6% CAGR (compound annual growth rate), and salaries remain pretty lucrative across the sector.
Data engineers, full stack java developers and legal minds will all benefit in this job market, as the technology and regulatory requirements continue to evolve.
Looking for a new opportunity for 2024? Visit the House of Talent Job Board and find your next role. Here's a glimpse at who's hiring right now.
BNP Paribas
Currently advertising for thousands of roles, leading European banking organisation BNP Paribas is focused on three strategic pillars as part of its GTS 2025 plan: growth, technology and sustainability.
In 2023, BNP Paribas welcomed around 400 early-careers talent into its graduate programme, and launched new mobility products and financing services across nine European markets with Jaguar and Land Rover, amongst other achievements.It is currently hiring into a number of cybersecurity and AI business analyst roles. These positions are advertised across Europe and Canada, but a large majority of roles are based in Paris, Nanterre or Dublin.
SumUp
Headquartered in London, global fintech SumUp is hiring for a number of positions across Berlin, Paris, Cologne and beyond, following a €285 million fundraise last month.
By expanding into lending, releasing new hardware and software products, and entering even more markets beyond its current count of 36, it's an exciting time to work as a SumUp.
Roles on offer span a wide breadth and includes senior engineers and developers, account and sales managers, and data analysts.
Adobe
As the creators of imagery tools Photoshop, InDesign and Illustrator it's not surprising that Adobe is investing heavily in AI. Its new service Firefly is a Gen AI service that creates images based on text prompts, that can then be edited, not unlike Dall-E 2 from Open AI.
After dropping its $20bn takeover of Figma following regulatory concerns, employees and would-be employees may take heart that reserves are there for M&A and innovation. European-based roles are aplenty and include Amsterdam, Munich, Paris and Dublin in the mix.