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Data Science in India
When it comes to data science, there is huge scope in this industry in India. According to a 2018 estimate, the number of vacancies reached 2.9 million. Experts hope demand will continue to rise down the road. And companies will hire more data scientists in the future.
India is the hub of IT and software industry. The degradation of conventional computer workstations due to automation has brought about a revolution in India. This is the age of data and it forces professionals to embrace new changes for better sustainability. Read on to find out more.
Data science: a lucrative career with a future
The field of data science is rapidly emerging in India. Many startups focus on relevant technologies. And most of them have embraced the new changes. So, the reach in this field is quite impressive in India. This provides an excellent opportunity for students who are already in this scientific field.
Here, it is important to keep in mind that DS has a steep learning curve, which consists of many underlying disciplines, such as computer science, statistics, and mathematics. So, if you want to become a scientist, make sure you do your best to become proficient in it.
Importance of math and statistics
As this is a new field, most people do not have the required expertise. Unlike the United States, India is far behind in this sector. Therefore, most people don’t have a data science degree. Instead, they have degrees in other fields, such as math or computer science.
Since there are not enough data scientists, companies are always looking for more of these professionals. Many startups have emerged in the country that are looking for these experts.
According to a recent survey report published by The Hindi, there are approximately 97,000 vacancies for data analytics in India. Over the past year, the rise of these companies has caused a sharp increase of more than 40% in jobs.
Data science demands a high salary
In India, there is a big gap between supply and demand for these experts. The gap is due to the lack of supply of these pros in different industries. Apart from that, the steep learning curve has contributed to a big increase in the earnings of data scientists.
Therefore, these scientists earn significantly more money than their counterparts in other IT positions. For example, a good professional in India earns an annual salary of €650,000. And the good thing is, that’s more than the national average for professionals in other fields, such as software engineers.
In short, India has immense potential for data scientists. You may have read about the factors that increase the demand for these professionals in India. Hence, if you are looking to get training in data science, we suggest you choose a good institute for this purpose. This will ensure that you acquire the skills and training required to become an expert in this field. I hope this helps you.
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