Talent Shortage in data science and AI Jobs
By MYBRANDBOOK
As the industry is moving towards emerging technologies, that shows out of 10 lakh registered organizations in India, 75% have invested or are planning to invest in Data Science and Machine Learning. A survey predicts that 75% have invested or are going to invest in machine learning and data science. Data science is reshaping the job market through fierce competition between companies for top talent.
While the demand for data sciences, AIand Machine Learning is increasing across myriad industries, the supply of expertise is not keeping pace leading to delays in project and product deliveries and impacting the business transformation. Many of the clients depend on our ready pool of trained resources on In-demand skills available to join at short notice.
More than 30,000 jobs in data science and machine learning are lying vacant due to shortage of qualified talent. Our flexibility of engagement options from permanent to short-term and long-term contracts has helped CIO leaders plan their project deliveries on-time and on-budget. “India lacks massively when it comes to talent in data science, machine learning and artificial intelligence, with more and more jobs increasingly becoming data-driven, the need of the hour is for professionals to upskill themselves to stay relevant.
The primary reason for the demand supply gap, is that the kind of projects companies are implementing require a higher order of data skills that do not exist. “What people learn in colleges is not in sync with what is being used in industry and most of these individuals passed out a while back. Now a lot of things are getting automated; newer opportunities are coming up. That is where there is a dearth of talent.
Skills in cloud, big data analytics, machine learning and AI are going to be critical for data science professionals to land the available jobs, said the study that covered 28,000 people in 3,000 organisations across the country. The highest number of job searches are observed in SQL programming language, Python is the fastest-growing due to the greater support of machine learning libraries, the Great Learning report said. Secondly, other important sectors are Data scientist, data analyst, data architect, data statistician, ML (machine learning) engineer, ML specialist, technical architect and data engineer are some of the most popular roles available, it said.
The report also highlights the growing scope of data science in non-traditional sectors. Opportunities in non-traditional sectors like aviation, cybersecurity, agriculture, healthcare and driverless transportation are set to soar by 2020.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
ICONS OF INDIA : RITESH AGARWAL
Ritesh Agarwal is an Indian billionaire entrepreneur and the founder a...
ICONS OF INDIA : SANDIP PATEL
Sandip Patel is the Managing Director for IBM India & South Asia regio...
Icons Of India : Girish Mathrubootham
Girish Mathrubootham is the Founder of Freshworks (previously known ...
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
IFFCO - Indian Farmers Fertiliser Cooperative
IFFCO operates as a cooperative society owned and controlled by its fa...
Indian Tech Talent Excelling The Tech World - Sundar Pichai, CEO- Alphabet Inc.
Sundar Pichai, the CEO of Google and its parent company Alphabet Inc.,...
Indian Tech Talent Excelling The Tech World - Anirudh Devgan , President, Cadence Design
Anirudh Devgan, the Global President and CEO of Cadence Design Systems...
Indian Tech Talent Excelling The Tech World - NIKESH ARORA, Chairman CEO - Palo Alto Networks
Nikesh Arora, the Chairman and CEO of Palo Alto Networks, is steering ...