50,000 open positions in analytics space

Bengaluru: Good news for those who worried about ongoing layoffs in the domestic IT industry. A latest study on Analytics and Data Science India Jobs Study-2017 by Analytics India Magazine & Edvancer, one of India’s top online analytics training institute, suggests that the number of analytics jobs have increased nearly 100 percent from April 2016 to April 2017, with close to 50,000 positions related to analytics currently available to be filled in India, according to the study. This increase is at nearly twice the rate in the previous year and suggests increased momentum in hiring in analytics and data science in India.

It also brings out the fact that India currently contributes to 12 percent of all world-wide analytics and data science job openings, making it the largest analytics hub in the world, outside the US. Amazon, Citi, HCL, Goldman Sachs and IBM stand out to be the leading organizations with most number of analytics openings this year.

Bhasker Gupta, CEO and Founder, Analytics India Magazine, said: “The use of technology has been soaring high in various industries, and so is the use of analytics to generate an actionable insight from the huge amount of data. This has led to an increased demand of skilled analytics professionals in India.”

The average salary in analytics and data science stands at Rs10.5 Lakh/ annum as almost 40 percent of jobs offer more than Rs10 lakhs/ annum, making it one of the highest paying fields. Aatash Shah, CEO and Founder, Edvancer Eduventures, adds: “The slowdown in old IT technologies coupled with the rapid rise of data science has resulted in IT companies trying to hire data scientists by the droves and creating a job boom for analytics and data science professionals in India.”Skills in R and Python remain the most sought after, followed by Hadoop, SAS and Spark.