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Here’s Why Indian Techies Need to Imbibe Rich AI and Data Science Skills to Ride High This 2018

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Here’s Why Indian Techies Need to Imbibe Rich AI and Data Science Skills to Ride High This 2018

Amid growing anxiety over machines replacing human intelligence, Indian IT sector is seeking out expert skills in new technologies, involving big data, artificial intelligence and machine learning. There exists a high demand for skills in such newer streams of technology, which now forms the backbone of businesses. It’s not like these jobs appeared out of thin air; after being labeled as “niche skills” for several years, they are now making their way into the mainstream industry. 

This year, this trend is going to gain more momentum. It is expected to create 180000 to 200000 new jobs in 2018, mostly related to these new technologies – Alka Dhingra, the general manager of IT staffing at TeamLease Services, stated. It is equally applicable for both large service organizations as well as budding startups.

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The Hot-List:

Here’re the notable areas, where job creation will hit in 2018:

Artificial Intelligence

Almost all Indian IT bigwigs are going gaga over AI. TCS, Infosys, Flipkart – nearly all native companies have started delving deeper into data to scale up their business operations and secure success in the future.

Though the world is being ruled by MACHINES, at the same time it’s HUMANS who train machines the way they function to perform human-like tasks. For that reason, the country’s IT unicorn, Tata Consultancy Services has trained more than 200000 employees about IoT and AI. Also, last month, India’s e-commerce giant, Flipkart launched an AI-inspired initiative known as AI for India, through which it has planned to leverage all the data it has gathered over the last few years to frame robust AI-driven solutions that will boost their operational activities further. Millions of dollars are being invested in this program – a company representative shared.

All this is going to need professionals skilled in the domains of deep learning, natural language processing and machine learning – look up to DexLab Analytics for data science online courses.

Data Science

For several years, native internet companies have been accumulating massive consumer data, which they now plan to mine it to their best interests. Just like Flipkart’s AI for India initiative, food-delivery-tech startup Swiggy is also working hard on its consumer data so that it can start making deliveries even more efficient and faster.

Some HR experts say that pharmacy analytics – an amalgamation of healthcare and analytics will also generate several new jobs for data scientists this new year– at present, machine learning, data analytics and data scientists’ jobs are the most searched jobs on all leading job portals in India.

Blockchain Technology

While bitcoin and cryptocurrency takes the world by storm, top-notch market specialists predict this advanced field of technology is going to create an exploding number of jobs. Cryptocurrency has already started drawing in a large pool of Indian investors, and legal experts are now asking for regulations.

“There could be regulations (for bitcoin) coming, and hence somebody who knows the subject is going to be in demand,” Aditya Narayan Mishra, CEO of CIEL HR Services, said.

Digital Marketing

Digital technologies are now omnipotent. All startups and matured companies across every domain are adopting suave digital solutions for various functions, like HR, manufacturing, operations, warehousing and communications. In the same manner, marketing too is not limited to its erstwhile conventional mediums; digital marketing is the new talk of the town.

“With more companies in India wanting to increase their digital presence, there is a visible surge in job searches for digital marketing jobs,” Sashi Kumar, the managing director of jobs portal Indeed India, said.

To learn more about how machine learning and artificial intelligence can help transform your business, enroll in a machine learning training course. DexLab Analytics’ Machine Learning Using Python course is superb; it helps students grasp the concepts better.

 

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Data Science Jobs: Luxury Today, Necessity Tomorrow

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Data Science Jobs: Luxury Today, Necessity Tomorrow

A general consensus: the scene of employment is changing. The jobs in data science are spiking up, and at a robust rate. According to World Economic Forum in 2016, a nuanced state of affairs with employment fluctuations is likely to happen across sectors, jobs and geography in the coming years – hold your horses and wait with bated breath!

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Job Opportunities till 2020

A wide set of factors are expected to bring upon different effects on the varying segments of employment market till 2020. For an instance, recent demographic stats in the emerging job market are likely to ace up employment by 5% approx worldwide. On the other side, the surging geopolitical instability across the globe could reduce employment by 2.7%. Amidst this, artificial intelligence, touted as a replacement key for manpower is likely to have a minute effect on job reduction by a mere 1.5%.

Considerably, the overall figure points that the computing and mathematical jobs are going to increase by 3.2% – because a sturdy compilation of technological and geopolitical instability effect is expected to generate an altogether positive effect across various employment chains, suggesting the instability will in return result in a higher demand for programming, computing and modeling.

However, recruitment procedure is going to get more challenging.

Across every sector and every job family the perception is that recruitment will be more challenging in future #ai #sasacademic

Lower University application rates

Following the latest trends, the applications to universities by students have taken a halt – in UK, the number of people applying to universities has fallen drastically – the reason anticipated is the result of Brexit.

But irrespective of any reason, lower application rate is going to affect graduate recruitment. The emergence of a gig economy is largely considered a positive effort, but a lack of benefits like annual leave may cause some hindrance in the effectuality. Also, AI is resulting in a less number of job generation, the automation of entry-level jobs mean lesser jobs.

Hone your skills further after employment

While undergraduates and postgraduates eyes employment as the end of their education, for employers it’s an entirely different ball game. For them, employment is the just a stepping stone in the process of ongoing training to make sure the fresh workforce develops cutting-edge skills. This stands true especially in complex job areas of data science, where a shortage of graduates exists. As a result, motivate your existing workforce to develop required data analytics skills in the most accomplishing way to garner expertise and thorough know-how.

The most desirable quality in a new #DataScience hire is their dedication to continually learn more. #sasacademic #ai

To get the best kind of data science online training, drop by DexLab Analytics Delhi – it is a prime learning platform in India that helps you remain up-to-date with the latest tools and trends. The field of data analytics is evolving rapidly and continuing professional development is the need of the hour.

 
Source – blogs.sas.com
 

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Flipkart Launches a New Internal Wing AIforIndia to Bet Big on Artificial Intelligence

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Flipkart is strengthening its base in the field of Artificial Intelligence, and so far, this year has been treating them well. After pegging fresh influx of funds, appointing a new CEO at the helm of affairs and reportedly thwarting its tailing rival, Amazon in September, Flipkart is all set to enter the most promising arena of artificial intelligence and machine learning, NOW.

 

Flipkart Launches a New Internal Wing AIforIndia to Bet Big on Artificial Intelligence

 

In an interview to a leading daily journal, Sachin Bansal, the notable co-founder and Chairman of Flipkart is found saying – “we ready to invest hundreds of millions of dollars” in the AI gambit over the next few years. “This is the next big thing for us, where we are betting big on the use of AI and machine learning to solve problems at Flipkart. India’s problems are unique and we need to apply AI in the ecosystem to solve Indian problems. We believe that some of the focus areas for AI in developed countries cannot be applied for India. At Flipkart, we will solve problems differently because the underlying problems (in India) are different,” he states, adding that they has already started building the needed infrastructure, recruiting a dozen AI buffs and establishing partnerships with crème de la crème educational institutions, including the IITs to give a robust push to its inspiring AI initiative.

Continue reading “Flipkart Launches a New Internal Wing AIforIndia to Bet Big on Artificial Intelligence”

How Data Is Rendering Unrecognizable Change in Marketing

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Business without data is like surviving without an iota of food and water. Data is indispensible. It plays a significant role in framing suave marketing campaigns, creatively, discerning the actual, productive channels to push data through them.

 
How Data Is Rendering Unrecognizable Change in Marketing
 

According to latest reports and analysis, nearly 42% of marketers have introduced more than ten solutions related to data analytics, marketing analysis or customer engagement technologies in a time span of 5 years, in which more than 9% marketers installed more than 20 solutions.

Continue reading “How Data Is Rendering Unrecognizable Change in Marketing”

Master These Piping Hot Data Analytics Techniques and Stay Ahead of the Curve [Video]

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Big Data, Business Intelligence, Data Science – the digital revolution is here, and it’s evolving steadfastly.

 
Master These Piping Hot Data Analytics Techniques and Stay Ahead of the Curve [Video]
 

Soon, data analytics is becoming the life-source of IT. The range of technologies is varied, and the way data is expanding, we are fast moving towards a juncture where analysis of vast volumes of data will be done in a jiffy.

Continue reading “Master These Piping Hot Data Analytics Techniques and Stay Ahead of the Curve [Video]”

Why Data Science Matters More Than Data Scientists?

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More is always better, isn’t it? But does it always holds true, especially when it comes to customer data? Maybe not, because business is all about extracting meaningful insights from data, and if that cannot be acted upon then it is of no good.

 
Why Data Science Matters More Than Data Scientists?
 

Recently, Accenture concluded that one of the greatest challenges that marketers face nowadays is to discover the right ways to turn data into productive insights and then into action. For that, you would need analytics professionals who do know how to collect, store and integrate information, while mastering the technology aspect.

Continue reading “Why Data Science Matters More Than Data Scientists?”

Data Science and Machine Learning: In What State They Are To Be Found?

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Keen to have a sweeping view of data science and machine learning as a whole? 

Want to crack who is playing tricks with data and what’s happening in and around the budding field of machine learning across industries?

Looking for ways to know how aspiring, young data scientists are breaking into the IT field to invent something new each day?

Hold your breath, tight. The below report showcases few of our intrinsic findings – which we derived from Kaggle’s industry-wide survey. Also, interactive visualizations are on the offer.

  1. On an average, data scientists fall under the age bar of 30 years old, but as a matter of fact, this age limit is subject to change. For example, the average age of data scientists from India tends to be 9 years younger than the average scientists from Australia.
  2. Python is the most commonly used language programs in India, but data scientists at large are relying on R now.
  3. Most of the data scientists are likely to possess a Master’s degree, however those who bags a salary of more than $150K mostly have a doctoral degree under their hood.

Who’s Using Data?

A lot of ways are there to nab who’s working with data, but in here we will fix our gaze on the demographic statistics and the background of people who are working in data science.

What is your age?

To kick start our discussion, according to the Kaggle survey, the average age of respondents was 30 years old subject to some variation. The respondents from India were on an average 9 years younger than those from Australia.

What is your employment situation?

What kind of job title you bag?

Anyone who uses code for data analysis is termed as a data scientist. But how true is this? In the vast realm of data science, there are a series of job titles that can be pegged. For instance, in Iran and Malaysia, the job title of data scientist is not so popular, they like to call data scientists by the name Scientist or Researcher. So, keep a note of it.

How much is your full-time annual salary?

While “compensation and benefits” ranked a little lower than “opportunities for professional developments”, the best part remains it can still be considered a reasonable compensation.

Check out how much a standard machine learning engineer brings home to in the US

What should be the highest formal education?

So, what’s going on in your mind? Should you get your hands on the next formal degree? Normally, most of the data scientists have obtained a full-time master’s degree, even if they haven’t they are at least data analytics’ certified. But professionals who come under a higher salary slab are more likely to possess a doctoral degree.

What are the most commonly used data science methods at work?

Largely, logistic regression is used in all the work areas except the domain of Military and Security, because in here Neural Networks are being implemented extensively.

Which tool is used at work?

Python was once the most used data analytics tool, but now it is replaced by R.

The original article can be viewed in Kaggle.

Kaggle: A Brief Note

Kaggle is an iconic platform for data scientists, allowing ample scope to connect, understand, discover and explore data. For years, Kaggle has been a diverse platform to drag in hundreds of data scientists and machine learning enthusiasts, and is still in the game.

For excellent data science certification in Gurgaon, look no further than DexLab Analytics. Opt for their intensive data science and machine learning certification and unlock a string of impressive career milestones.

 

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Internet of Things: It’s Much More Than What It Appears to Be

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Internet of Things: It’s Much More Than What It Appears to Be

What’s all the hype about “the next big thing”? Have you got it yet? Nope? It’s not owing to a lack of imagination, but an observation.

Currently, the Internet of Things is the big buzz. It’s all about enhancing machine-to-machine communication – being structured on cloud computing and systems of data-gathering sensors, the connection is entirely virtual, mobile and instantaneous.

Big Data And The Internet Of Things – @Dexlabanalytics.

What is IoT?

In simple terms, the concept of IoT stresses on connecting any device with the Internet – including cellphones, headphones, washing machines, lamps, coffee makers, wearable devices and almost anything that comes in your mind. The IoT is a colossal network of connected Things (inclusive of people) – the famous analyst firm Gartner says by 2020 there will be more than 26 billion connected devices in this world.

Explaining the Everlasting Bond between Data and Risk Analytics – @Dexlabanalytics.

What makes it so popular?

As we now know, IoT is a network of things and people, where communication takes place through numerous wireless and wired technologies and it comes with a wide set of advantages. Following are some of the advantages of this new breed of technology:

A better, less-complicated life

Imagine a life, where what you seek will be delivered to you right away, before you even ask for it. It may appear to you that you are dropped right into a scene from your favorite sci-fi movie or novel – the moment your morning alarm starts ringing, your bathtub automatically starts getting filled with hot water; when you leave your home, the lights get turned off automatically and doors lock itself on its own; your car takes you to the office through the less-congested roadway and when you return home, your home lights automatically start to switch on and lastly your air conditioner adjusts the temperature of your room once you are ready to hit the bed. Proper use of IoT makes your life easier and effortlessly simple.

Is Change the Only Constant: How Analytics has Changed, while Staying the Same Over the Last Decade – @Dexlabanalytics.

Less accident, better safety

How would it be if for an example you get a heart attack while driving back home and your smartwatch detects it and deploys autopilot mode in your car so that it straightaway takes you directly to the nearest hospital? On the way, your cellphone can dial up the hospital staffs and inform them about the current condition of the patient to help you get the best treatment possible.

Harnessing the power of data

Utilizing the power of data is awesome. Harnessing data to simplify things is the next best thing in today’s world. Living a life straight out of sci-fi movies is awesome, but practically, there’s still some time left for IoT to become a hardcore reality. Once IoT makes its way into our lives, a set of smart devices powered by sensors will take charge and make almost everything possible – whether it’s switching on the AC automatically when a person enters the room or driving a car to a destination without any driver.

IoT helps in taking better decisions in the best interest for businesses

Beyond making your lives easier, IoT possesses a bunch of capabilities – it’s a robust technology that collects the most valuable resource, i.e. data. Data helps businesses take better, well-informed decisions. 

Of all the recent technological developments, Internet of Things is considered to be one of the biggest trends to watch out for. In the next 5 years, it’s going to change lives forever!

To know more about the Internet of Things and more such digital trends, why don’t you settle for a good business analytics course in Delhi! DexLab Analytics is a premier Data Science training institute Gurgaon that offers hands-on experience to students alike.

 

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Is Change the Only Constant: How Analytics has Changed, while Staying the Same Over the Last Decade

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Data analytics is evolving. Coupled with Big Data, it is changing the topography of almost everything.

 

Is Change the Only Constant: How Analytics has Changed, while Staying the Same Over the Last Decade

 

Each year, more and more companies are allocating their time and budget to exploit and understand vast pools of data strewn across them, both inside and outside company files. Of course, Big Data and Analytics is selling like a hot cake today, but what is its story of evolution? How the technology flourished 10 years back?

Continue reading “Is Change the Only Constant: How Analytics has Changed, while Staying the Same Over the Last Decade”

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