According to the 2017 Analytics & Data Science India Jobs Study, there are currently an estimated 50,000 available analytics jobs in the world’s second-most populous nation. The study was conducted by Analytics India Magazine and Edvancer Eduventures, an online Big Data and data science educational training institute. This is noteworthy because India contributes roughly 12 percent of worldwide data science job openings, making it the largest such marketplace behind only the United States.
Considering that the United States is the hub for jobs in this field, it figures to have an even greater share of employment opportunities for data professionals. In fact, a recent Glassdoor study found that data jobs in the United States also reign supreme, both in terms of median base salary and number available positions.
Per the Analytics India study, banking and financial institutions contributed nearly half of all available data science openings, with e-commerce and pharmaceuticals also heavily represented. Skills in R and Python are the most sought after in new hires. However, familiarity with Hadoop, Spark and the SAS Business Intelligence platform are also noteworthy.
Indian business leaders are much more adept at incorporating data-driven analysis into their existing business practices. A report published by EY in collaboration with Forbes surveyed nearly 200 Indian companies last year and found nearly half of them already have an advanced analytics strategy. This runs in contrast to American executives who seem to have a much more cynical view of the process.
In a statement for the Economic Times India, EY’s Global Advisory Analytics Leader Beatriz Sanz Saiz concluded: “The average commitment of top management in Indian companies towards the analytics is by far much higher than the global average. Indian executives are upbeat about using data in leveraging it for decision-making.”
We highly encourage you to read the complete report.
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