DATA SCIENCE: FUTURE OF ARTIFICIAL INTELLIGENCE

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  The median salary of a data scientist is estimated to be Rs 6,17,096 per annum in India.

• acquire the 5-year experience you can jump to Rs 15 lakh per annum

• India is the most recruiting country for data scientist just after the US and offers jobs in Bangalore, Delhi NCR, etc

• With nearly 97,000 vacancies, India is the second-biggest analytics jobs hub after the US

Is data science a good career in India?

What is data science?

Data science is basically using data and applying scientific methods, algorithms and processes on it for drawing out predictions and making decisions. Statistics and computer science are both used to analyze and understand data. Finally, new ideas and solutions are made by interpreting the outputs. 

Why do we need data science?

Data science is the backbone of the company. Companies need it every day. Some applications of data science are:

Decision making

Businesses in India are using Data Science for analyzing market trends, predicting risk and thus making informed decisions.

Artificial Intelligence

We all know JARVIS from Iron man. That is the power of AI. But AI is the front end, data science is what supports it. So if it enthusiasts you then you must start your training in data science.

Fraud Detection

Data science is used for detecting frauds like cloning, theft and illegal access using data science.

Data Science: rapidly growing career 

It is a brilliant career option if you do it right. Starting can be a little hard but once you enter you will be getting numerous opportunities and you will be unstoppable. You have a wide range of job roles to choose from like data analyst, data scientist, data engineer, business intelligence analyst, system analyst and many more. If you are a person who prefers being your own boss you can also do freelancing.

Banking, telecommunication, automation, every industry demands for data scientist.

India is the most recruiting country for data scientist just after US and offers jobs in Bengaluru, Delhi NCR, etc. 

How much money will you make from this career? 

The median salary of the data scientist is estimated to be Rs 6,17,096 per annum in India.

 As you grow and acquire the 5-year experience you can jump to Rs 15 lakh per annum. After an experience of 10 years, you can make 20 lakhs.

Studies reveal that most of the data scientist jobs are vacant in India due to lack of skills. Data scientists demand a very high salary due to lack of skilled professionals in the country.

Conclusion

We discussed what data science is and then came to its application. We found that it is a thrilling and growing field and you can prosper in it by learning the required skills. You should acquire the needed training and start growing your career as soon as possible.

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