Enterprise Blockchain Market Expertise Expansion, really?
Yes, the demand is there and the press is clearly noticing. For that matter writing about it in a manner that is all positive. I am also not saying blockchain is going to be a panacea for most techies, but for some its going be a clear path to success.
What is missing though is that its not just the immediate demand around blockchain centric roles such as “Blockchain Engineers, Blockchain Developers or Blockchain Operators”, it is the demand that is also driven for knowledge in roles that are not primarily blockchain centric. For example around pre sales roles, roles in system VARs and vendors, or even professional services, etc.
Basically, its not just blockchain focused roles, it a knowledge requirement to know blockchain for someone working in similar roles such as the following:
Just look on Linkedin, its in your face.
Cloud Architects
Pre Sales Engineers
Systems Engineers
Professional Services Engineer
Customer Support Engineer
Technical Account Engineer
Senior Solutions Engineer
And the list goes on.
Blockchain Developers are “Rocking”
The blockchain market is clearly expanding and this market demand for expertise is clearly evident in cities such as NYC, Boston, Austin, San Francisco and the Bay Area, Toronto, Singapore, London and even Chicago. This demand is clearly showing on Linkedin for example over the last year.
The market is not about cryptocurrency now, its all about the “Enterprise” and creating value from blockchain.
Candidates can essentially call their own shots in some of the start up environments as a developer. Blockchain markets such as Toronto, for example, appear to be a train thats only going down the tracks at a higher rate of speed.
The demand for this expertise is not just in major cities, I am seeing lost of startups in smaller cities as well. The great part is that you don’t need to be in a “tech hub” to get a blockchain role now.
For example Cointelegragh has released an article back in October essentially provides some insight into the demand. Below is A Quote from Hired.
“There’s a ton of demand for blockchain. Software engineers are in very short supply, but this is even more acute and that’s why salaries are even higher.” — Hired
Demand for Blockchain Engineers Has Grown 400% Since End of 2017, Report Says
The average earnings of a blockchain engineer have soared to between $150-175,000 per year, according to a new report…
cointelegraph.com
The article goes into salary expectations, no question that Blockchain developers are the higher paid group. One of the reasons I wanted nothing to do with be a developer was that the salaries were pretty crappy in the US on average.
Architecting Enterprise Blockchain Solutions 09/2019
What are Enterprise Expectations?
Enterprises expect cheap labor, no kidding right. My advice to enterprises right now considering blockchain must review their “usual” developer salaries as a reason that they are not likely attracting the right talent.
If their expectations for blockchain knowledge are not being met then here is a quote from one of my favorite “Fedboys” Neel Kashkari.
- Enterprises are now expecting that their current employees and new employees have knowledge in Blockchains. This is clearly defined by the training investment that we are seeing.
Whether, its a fundamental course or an industry leading certification, having knowledge in blockchain is on the “enterprises nice to have or must have lists”….
- Enterprise are at least holistically in dire need of creating additional value, reducing costs and provide value to shareholders. Looking at a good part of the S&P its clear that corporate earnings suck generally. As we traverse the economic cycles you can expect financial engineering to increase and “blockchain” can be one of those tools for the correct use cases.
Blockchain is going nowhere or is it just a Fad?
Just a thought…
Ok, WTF are companies placing thousands of roles on Linkedin and spending thousands on training for their employees in blockchain, for a fad right?— Joe Holbrook
Companies such as Microsoft, IBM, Facebook, Chase, Citibank,Amazon and the hundreds of other companies apparently all at the same time feel like pissing away thousands and for that matter millions on something? They dont see some “Cost Savings, Efficiencies and to be honest layoffs in their future because of the blockchain? They are all planning on some ROI basically.
Blockchain demand in search is steady.. and far from dead.
Going to Google Trends its clearly showing that the demand for searching “blockchain” has steadied from its peak in May 2018. However, it is clear that the interest has not faded away and is remaining steady.
“Beginners to Experts…”
The article from Forbes just posted states the same demand insights in blockchain requirements.
“From beginners to experts. Even though the average salary of a blockchain engineer in Silicon Valley is $158,000, programmers who have experience in Solidity (language for creating smart contracts) is in short supply and high demand.” — Sherman Lee
The Demand For Blockchain Engineers Is Skyrocketing, But Blockchain Itself Is Redefining How…
Is studying CS or attending a coding school the best way to get started programming in blockchain? I think not. A big…
www.forbes.com
To find out for yourself what the possibilities are no matter what your role is then go to LinkedIn and perform a search. When I did a search for “Blockchain” and “United States” it came up with the following.
“Blockchain in United States 4,122 results on Linked at time of writing”
Now to be clear, this search is listing any role that has “blockchain” in either the following in the Linkedin Job Profile.
Job Title
Job Description
Requirements
Responsibilities
Skills
What does this mean? Well its basically showing that roles are requiring some knowledge of blockchain. Typically, the roles will have blockchain as a requirement for a developer but more of a nice to have for a marketing expert, sales engineer or account executives.
Basically, you should be considering blockchain as a skill down the road to your areas of improvement if your planning on being in technology in the next few years.
So, go get yourself enabled either thru training funded by your company or thru your own funding. There are numerous organizations out there to help get your enabled. Once your complete with your training then go and perhaps get certified to validate your skills.
Employers are looking at certifications, I know this because they pay me to train their employees in Blockchains such as Hyperledger, Corda and Ethereum.
If your thinking of getting certified in Blockchain the consider taking the Certified Blockchain Solutions Architect (CBSA) Exam. You may also consider joining in on my CBSA Exam Cram Session on Pearson Safari.
Certified Blockchain Solutions Architect (CBSA) Certification Crash Course
This training is focused on preparing IT professionals to successfully pass the Certified Blockchain Solutions…
learning.oreilly.com
You can also save some money by using the code JH30SM which not only knocks off 30% for the exam but also training and the ebook if your like. Blockchain Training Alliance Discount Code
Select the link below and enter discount code for any BTA training, certification guide or certification exam! Coupon Code
http://www.blockchaintrainingalliance.com?rfsn=2386516.3e0738
Blockchain Training Alliance: Instructor-led Courses and Certification
Blockchain training and certification onsite at your location, at our global classrooms or online via WebEx sessions…
blockchaintrainingalliance.com
Pre Order my book on Amazon! Architecting Enterprise Blockchain Solutions from Wiley Sybex.
https://amzn.to/2SPxErQ
Check out my Youtube as well for helpful videos!
Joe Holbrook, The Cloud Tech Guy Jax, FL
Carry on fellow Blockchain Gurus!