Data is now produced at an incredible rate – right from online shopping to browsing through social media platforms to navigating through GPS-enabled smartphones, data is being accessed everywhere. Big Data professionals now fathom the enormous business opportunities by perusing petabytes of data, which was impossible to grasp previously. Organizations are taking the best advantage of this situation and rushing to make the best of these revelations about.
Big Data is the new big name in the present tech industry. Day by day, it is burgeoning and becoming capacious for companies, including corporate, SMBs and budding startups. It is also the major reason for better opportunities for people, who want to explore newer career realms across sectors, such as healthcare, banking, education, government, retail and manufacturing.
The current IT industry is passing through a jinxed phase, where a lot of layoff fears are on the airwaves but the field of analytics remains largely unaffected. In fact, the number of analytics jobs in the past one year has nearly doubled, as per a report by Analytics India Magazine – a platform for big data, analytics and data science and Edvancer Eduventures – an online analytics training institute. The Analytics & Data Science India Jobs Study 2017 has predicted nearly 50000 positions related to analytics are at present available to be filled in India.
In the US, big data engineer salaries are predicted to range between $135000 and 196000 in 2017, an increase of 5.8% from 2016 salary structure.
In India, big data professionals are predicted to earn salaries in the range of 9.8L INR to 13.10L INR, increasing 6.4% over 2016 salary level.