From Finance to FinTech: How Traditional Industries Have Shifted to Tech

Technology has transformed and disrupted every single industry! Connectivity, innovation, and automation are affecting traditional, non-tech markets, such as education, finance, and agriculture. And it’s not stopping anytime soon. Do you have the tech skills needed? 

Technology has come into our lives in many ways. Students can easily take math classes through Zoom. Accountants can easily crunch numbers for bookkeeping with less effort. Drones are keeping plantations hydrated. Every industry has reaped immense benefits and will continue to evolve with the advancement of emerging technology. 

Education

The global pandemic has accelerated the prevalence of EdTech by decades, like never before. Online remote classes and synchronous learning became the norm for most schools and universities. Educators looked for ways to replicate the experiences of physical, frontal education online as much as possible. Highly interactive simulation tools, video conferencing, and learning management systems played pivotal roles not only in keeping classrooms connected, but in advancing learning in digital ways unavailable before.

After two years of the pandemic, it’s clear that teaching and learning will not be the same, and will continue to integrate and rely on technology moving forward!

Finance

Banks and money are old institutions. They’ve been around forever, centuries before the creation of the first computer. But now, finance has become FinTech! Banks are suddenly fully online, letting us make transactions from our mobile phones, and many businesses are accepting cryptocurrencies mined by a computer, and not related to a central bank. 

FinTech is easing finance for consumers, traders, and even banks. Mobile banking applications save brick and mortar leases, human teller salaries, and commutes to the branch. People now send money instantly to one another, deposit checks by taking pictures, and access stock information, credit scores, and financial trends anytime, anywhere on smartphones.

Agriculture

An industry as old as time, agriculture has also advanced significantly along with the world’s digital transformation. Technology has proven useful in optimizing production of food in fields and factories, keeping crops healthy and hydrated using sensors and drones, and mobilizing produce using robots and autonomous vehicles instead of erroneous human labor. 

Data science and data analytics take center stage in addressing one of the biggest problems in agriculture: increasing connectivity amongst farms in rural areas. By connecting farms digitally, data regarding crops, water, and other factors can be easily shared and transformed into actionable insights. The McKinsey Center for Advanced Connectivity projects that at least USD$2Bn in additional value can be added to the global GDP through efficient connectivity infrastructure. 

Tech Requires Human Talent!

Technology will continue to impact industries across the world for years to come. With this rapid innovation, more people are needed to develop the future digital products and solutions that will move old industries into new ways. Accordingly, the requirement for tech savvy and digital skills are required at every industry and almost any period.

If You’re Not in Tech Yet, It’s Time to Reskill

Wawiwa Tech Training, an Israeli tech education provider, works with international partners and universities to produce highly trained, job-ready tech professionals in a matter of months. From Software Developers to Data Scientists to Cybersecurity Specialists, graduates can find jobs immediately and use their new skill set to change and transform whatever industry they choose!

Partner with Wawiwa to offer tech training programs in less than 6 months!

Wawiwa bridges the tech skills gap by reskilling people for tech professions in high demand. There are millions of tech vacancies and not enough tech professionals with the relevant knowledge and skills to fill them. What the industry needs of employees is not taught in long academic degrees. Wawiwa helps partners around the world to reskill, and upskill people for tech jobs through local tech training centers or programs. The company utilizes a proven training methodology, cutting-edge content, digital platforms for learning and assessment, and strong industry relations, to deliver training programs that result in higher employability and graduate satisfaction. This, in turn, also creates a strong training brand and a sustainable business for Wawiwa’s partners.
accounting, education, finance, Learning, reskilling, software development, tech jobs, tech training, technology

Share post

Recent posts

Data Analysis Transforming Industries
Learning

How Data Analysis is Transforming Industries

Every click, like, share, and purchase is a piece in a larger story. Data analysis is the domain that makes sense of the pieces to write coherent stories, turning raw data into information, insights, and strategies for success. This blog walks you through the incredible impact of data analysis across a number of industries, illustrating its role in creating smarter businesses and clearer insights. Learn how becoming proficient in this domain can make you an indispensable part of any industry, shaping decisions that lead to real-world success. Read now!

Read More »
Skills that Data Analysts Need
Learning

Essential Skills that Data Analysts Need in 2024

What are the top data analysis skills in 2024? What’s the importance of Excel, SQL, Python, and Power BI, in the AI era? Read our blog to find out and get some tips for reskilling and upskilling in data analytics, making sure your insights drive real-world impact.

Read More »
Scaffolding
Learning

How Scaffolding Shapes Lifelong Learners in Tech

Scaffolding in learning is a powerful strategy that mirrors the support structures seen in construction, offering temporary guidance to help learners reach higher levels. Much like its construction counterpart, once the learning scaffolding is removed, what remains is a structure — your skills, knowledge, and the ability to learn independently — standing strong and ready to tackle future challenges. Read our latest blog to fully grasp the concept of scaffolding in learning and discover how to find the right scaffolding for your educational journey.

Read More »