Automation is driving better efficiency and productivity across different sets of organizational operations. However, on the other edge, it is also narrowing down the traditional jobs and creating a new set of jobs for which only deserving candidates are entitled. Without the right skill and talent, the gap will become even broader between the demand and supply of the right candidates. Analytics Insight predicted that the global skill gap for Artificial Intelligence and Big Data is 66% and 58% respectively in 2020. The gap is still persistent even with India providing a handsome average pay for AI (US$13215) and Big Data (US$12576) professionals. Moreover, as the data represents, Analytics Insight further revealed the total number of open jobs for AI and Big Data candidates for the global 2020 market – that is 743,682 open jobs for AI and 2,621,060 for Big Data field.
Analyzing the prevailing market situation for disruptive technologies we can say that a number of job opportunities with considerable payscale are being offered across India, the only effort one has to make is upskilling as per the industry standards.
Furthermore, emphasizing the significant salary levels offered to different tech professionals, Simplilearn published the findings of its annual survey titled "Digital Transformation and Future of Tech Jobs in India". According to the survey here are some of the high paying jobs in 2020.
The field of data science is booming like never before, with over 25000 job openings across sectors and giving rise to new career paths
Top Data Science Skills
• Programming- R/Python/SAS
• Data Intuition and problem solving
• Business understanding
• Statistics and Probability
• Machine Learning
• Data Visualisation for Business decision making
Pay Level (Per Annum)
Entry Level – INR 5,09,000
Associate Level – INR 10,04,082
Mid Senior Level – INR 17,24,618
Executive Level – INR 42,00,000
Career opportunities in the field are limitless and over 36,000 cloud jobs are available today, with cloud expertise continuing to drive the technology revolution.
Top Cloud Computing Skills
• Cloud Architecture
• Cloud Migration and Deployment
• Serverless Architecture
• DevOps on Cloud
• Cloud Security
Pay Level (Per Annum)
Entry Level – INR 4,97,487
Associate Level – INR 14,99,897
Mid Senior Level – INR 22,88,720
Executive Level – INR 50,00,000
Career opportunities for AI professionals have grown exponentially to meet the demands of digitally transformed industries, and newer job roles keep emerging in this field, with over 31000 AI job openings currently.
Top AI Skills
• Machine Learning
• Python and R
• Deep Learning
• Probability and Statistics
• Natural Language Processing
• Computer Vision
• Speech Recognition
• Reinforcement learning
Pay Level (Per Annum)
Entry Level – INR 5,01,674
Associate Level – INR 11,50,413
Mid Senior Level – INR 20,38,729
Executive Level – INR 70,00,000
