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

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