Data Science Career & Salary In India

History Of Data Science:

In the year 1962 , the specialized John Tukey described to us about the convergence of Statistics and computers to devise measurable outputs in hours. In the year 1974, specialized Peter Naur mentioned the term ‘Data Science’ multiple times in his review, Similarly in the year 1974 , John Tukey composed a paper, Exploratory Data Analysis, that explained about importance of Data Science.

For publishing the Data Science Journal focusing on Data Science issues like data systems explanation, application, and more in 2002 was done by the International Council for Science. The National Science Board published an existing collection of digital data, and in 2013,also IBM revealed that 90% of the global data had been created in the past two years.

What is Data Science?

Data science is the study of which manages and integrates with domain expertise, good programming skills, mathematical knowledge and statistics to extract meaningful insights from data. Data science technology learners will apply algorithms that belong to machine learning ie machine learning algorithms to various properties like text, images, videos, audios,numbers and more to produce artificial intelligence (AI) systems to perform operations that require human intelligence.

Why is Data Science Important ?

There are so many reasons why Data Science is important in business.

Data Science enables enterprise companies to calculate, track, and record performance metrics for facilitating enterprise-wide enhanced decision making. Many Companies in the world can analyze trends to make critical decisions to manage customers better,improve company performance, and increase profits.

Importance of Data Science in the IT Industry ?

In today's world, the Creation and application of information is a critical activity. Data Science helps with its power to bring out information from large volumes of data. Information Technology makes our life easier by getting together and processing more data quickly and efficiently to provide results in hours rather than days and weeks.

Benefits Of Data Science:

According to World Study Data Science is expected to grow by 2023 around $113 millions.

1.Data Science is popularly used in the banking and financial industry to eradicate fraud detection and to provide personalized financial advice.

2.Construction companies will use Data Science for a long time to get better decision making by tracking , including average time for completing operations, materials-based Worths , and more.

3.Data Science applications via public service areas includes health industry -related research, financial market analysis, fraud detection, energy exploration, environmental protection, and more.

4.Most Probably Data Science is used in Manufacturing Processes for enabling trapping and analyzing massive data from manufacturing processes.

Skills Required for Data Scientist:

1.Atleast one programming language-R/Python

2.Advanced Machine learning

3.Deep learning

4.Big Data Processing Frameworks

5.Data Visualization

6.statistical/mathematical reasoning skills

Data Science Job Roles:

1.Data Scientist

2.Data Engineers

3.Data Analysts

Data Scientist salary In India:

The Major Factors Affecting Data Scientist Salary In India It depends On Your Qualification,Salary,Experience are to be considered among the Most.

The average salary for Data Scientist Differs by Location, Experience,Skills etc.

The Average Basic Salary In Hyderabad Is 6,87,884 per annum This Amount can be Lowered as Rs. 5,19,000/year and reach a maximum of Rs. 52,39,000/year depending on different conditions Like Qualification ,Location, Experience, Salary.

Positions For a Data Scientist:

1).Entry Level

The Average Basic Salary For Entry Level Data scientist in India is Rs. 5,11,000 per annum

2).Mid Level

The Average Basic Salary For Mid Level Data scientist in India is Rs. 14,50,000 per annum

3).Senior Level

The Average Basic Salary For Senior Level Data scientist in India Is Rs.54,00,000/Yr

Conclusion:

Data Science Jobs is getting to be very high in the future. The importance of Data Science is growing every day

Data Science job-demand is estimated to be highly demanded with every coming day.

Top companies recruiting data scientists are Amazon,Deloitte,LinkedIn,Infosys,Flipkart etc.