Over 93,500 data science jobs vacant in India, shows study by Great Learning
Whereas the sector did witness a lower in vacancies (from 109,000 vacancies in February to 82,500 vacancies in Might 2020), the demand has continued to be pretty constant throughout key trade sectors.
The components contributing to the elevated demand embody a year-on-year improve in funding in Indian analytics startups, funding within the growth of enhanced analytics capabilities in India, and a larger proportion of jobs outsourced to companies based mostly in India owing to the pandemic, it added.
The present demand is dominated by MNC and home IT & KPO organisations which are shifting jobs to India and are recruiting in giant numbers.
The examine tracked knowledge science job panorama in 2020, together with the influence that COVID 19 has had on the vacancies within the sector.
It revealed the rising demand for mid and senior degree professionals with over seven years of expertise in 2020.
“Whereas 2019 was dominated by younger professionals by way of the variety of jobs obtainable, that is the yr when the trade is pulling all of the stops for the mid-level and senior counterparts,” the examine mentioned.
Bengaluru continues to create the utmost variety of jobs, contributing round 23 per cent of analytics jobs in India, a marginal improve from final yr, adopted by Delhi/ NCR at 20 per cent and Mumbai at roughly 15 per cent.
Regardless of the BFSI sector persevering with to be the biggest recruiter of analytics and knowledge science expertise (exterior of IT), creating round 35 per cent of all analytics jobs within the nation, the contribution of the sector has been happening yr on yr from 41 per cent in 2018 to 38.three per cent in 2019 and 35 per cent in August 2020.
Apparently, pharma sector has seen a rise within the proportion of analytics jobs at 16.three per cent, an total improve of three.9 per cent over the past yr.
“That is as a result of give attention to growing vaccines and different cures for the COVID 19 virus”, the examine mentioned.
The 10 main organisations with probably the most variety of analytics openings this yr are dominated by the IT and KPO gamers — Accenture, Mphasis, Cognizant Technology Solutions, Capgemini, Infosys, Tech Mahindra, IBM India, Dell, HCL, and Collabera Applied sciences.
The examine additional revealed that the median wage for knowledge science professionals in India stands at Rs 9.5 lakh/annum in 2020 as per the listed job openings (the precise wage is usually greater than the listed wage).
For these with greater than a decade of expertise, packages are within the vary of Rs 25 lakh to Rs 50 lakh relying on the position and experience, it was acknowledged.
The demand for ‘Python’ professionals continues to stay the best amongst recruiters with virtually 27 per cent of the roles requiring Python because the core talent.