Annual demand for the fast-growing new roles of data scientist, data developers, and data engineers will reach nearly 700,000 openings by 2020.
59% of all Data Science and Analytics (DSA) job demand is in Finance and Insurance, Professional Services, and IT.
By 2020, IoT technology will be in 95% of electronics for new product designs. We expect to see 20 billion internet-connected things by 2020.
Jobs requiring machine learning skills are paying an average of $114,000. Advertised data scientist jobs pay an average of $105,000 and advertised data engineering jobs pay an average of $117,000.
AI alone will create 2.3 million jobs globally by 2020.
The Indian IT industry is expected to add around 1.80 lakh to 2 lakh new jobs in 2020.
With a strong focus on Digital India, the industry requires 50 per cent more workforce.