Many professionals from engineering backgrounds or tech fields are slowly and steadily entering the field of artificial intelligence and machine learning because of the industry’s quick development and the potential for producing cutting-edge technology. As a result, numerous machine learning jobs in India have been introduced that offer lucrative salaries and further opportunities to people from tech backgrounds.
Even though we are just starting to explore its possibilities, machine learning has already greatly impacted our daily activities and the decisions we undertake while doing things. Furthermore, it is very unlikely that this development will slow down anytime soon.
The global market of machine learning, artificial intelligence and deep learning is projected to grow to $117.19 billion by 2027.
An additional plus point of machine learning jobs in India for freshers in India is that a lot of jobs are focused on research and development. At the same time, it can be professionally rewarding as well. Due to this factor, even academics have become actively interested in receiving job opportunities in this sector.
Machine Learning Job for Freshers
Nowadays, most companies and businesses are implementing machine learning and artificial intelligence and progressing technologically. The industrial sector is making the most out of machine learning, and artificial intelligence and other industries are following suit. Even the insurance, research, finance, technology, etc. sector is heavily investing in the same, which is why there have been many job openings for machine learning for freshers.
Many people are unaware of the drastic changes and developments made in the manufacturing sector because of AI. Most of the manufacturing processes have been successfully automated with the help of machine learning and artificial intelligence. They have only used AI and ML to achieve this goal, which has worked well. Minimizing downtime, eliminating waste output, and even streamlining the supply chain are some areas in which AI has enabled the sector to perform better.
Healthcare Sector
The finance and healthcare sectors have also vehemently invested in machine learning and artificial intelligence to improve their efficiency and offer better customer service. During the COVID-19 pandemic, the healthcare sector reconstructed its system using machine learning and AI to offer their services to patients at the time of their needs.
Patients don’t necessarily need to visit physicians to know about their current physical condition because machine learning and AI keep their health in check. More importantly, the healthcare industry has immensely benefited from resource allocation, image analysis, etc.
Finance Sector
In the finance industry, too, machine learning has made a huge impact. For starters, the level of security offered by banks and other financial institutions has drastically increased to provide a better experience to the customers who have put their money in the bank for safekeeping. More importantly, these banks are also receiving projections based on data which has helped them understand their customer behavior, purchasing frequency, etc.
All of these industries are offering machine learning jobs for freshers as well as seasoned professionals who want to explore this field and at the same time earn handsome salaries as well as other benefits.
Popular Jobs in Machine Learning with Salary
Here is a list of popular jobs in Machine learning with salary that will suit the taste of individuals who are thinking about shifting their current job roles:
Data Scientist
Globally, the amount of data being generated every day is literally huge, and you need data scientists to tame and use this data. The job of a data scientist is to handle the amount of data users generate, clean them (because most of the time they are unclean), interpret, and then evaluate the data for further usage.
To complete the entire process, they need to use multiple machine-learning techniques. Data scientists have greatly impacted businesses because they can help organizations make important business decisions. Not to mention, being a data scientist is one of the top high-salaried machine learning jobs in India.
Director of Analytics
Director of Analytics a senior-level post offered to the most seasoned professional with extensive knowledge and work experience in data analytics and machine learning. As the name suggests, it is a leadership position where you must focus on specific strategies and teamwork to get the best possible solutions or outcomes.
In this position, you will be responsible for your fellow employees and staff and handling them as their mentor. The CDO or Chief Data Officer will provide the inputs, and you will be responsible for offering the best results to the company with the available resources.
Machine Learning Engineer
ML engineers or Machine Learning Engineers are the ones who create different theoretical models, and data scientists use these models to feed data. It is one of the most high-paying machine learning jobs where individuals must work with data scientists. The job of machine learning engineers mainly revolves around the production level. To become a machine learning engineer, you need to have mastery over Java, Scala, Python and other programming languages.
Computer Scientist
A computer scientist's primary job is to design and fabricate different types of software that can bring solutions to multiple problems. Since companies started recruiting computer scientists, it has always been one of India's top-paid machine learning jobs. To be more specific, it mainly involves creating applications for mobile devices and creating websites. It is a technical job where both freshers and experienced personnel can apply (depending on the company’s requirements).
Computer Vision Engineer
You will handle image processing algorithms and deep learning architectures as a computer vision engineer. Anyone interested in this area must possess enough experience and expertise in computer science and machine learning. For its practical implementations, computer vision engineering is one of the high-paying ML jobs in India.
Principal Researcher
The job of a Principal researcher is mainly related to the research and development department. It is undoubtedly one of the highest-paid jobs where the researcher creates and develops products of high value. The principal researcher also needs to ensure that their team has enough resources to complete their jobs and keep in touch with the stakeholders.
Research Engineer
Research engineers are responsible for creating the newest technological goods and products. It is a job with a handsome salary, and if you are interested in research and development, you can surely pursue this job role. The research engineers improve the existing systems and methods by conducting studies and machine learning expertise.
Opportunity for Statistician
Evaluating statistical data is at the heart of data science. However, you need to note that there is a huge difference between the method and evaluation models utilized by a data scientist and a statistician. Currently, it is one of the most popular jobs in machine learning with salary as good as others. With the help of statisticians, companies can examine quantitative data and spot possible patterns that will ultimately help their business.
Top Companies Hiring for Machine Learning Jobs in India
According to job sites such as Naukri and Glassdoor, there are a lot of companies hiring Machine learning engineers in India at present.
Here are a few top companies in India for Machine Learning:
- TATA Consultancy Services (TCS): TCS is one of India's largest IT services companies and is a major player in the global ML market. They provide services in areas such as natural language processing, computer vision, and predictive analytics.
- Infosys: Infosys is another large Indian IT services company that offers a wide range of ML services, including machine learning as a service, predictive analytics, and computer vision.
- Wipro: Wipro is a leading provider of IT services and solutions in India. They have a dedicated machine learning and AI practice that provides services in areas such as computer vision, natural language processing, and predictive analytics.
- HCL Technologies: HCL Technologies is an Indian multinational IT services company that provides services in areas such as natural language processing, computer vision, and predictive analytics.
- Cognizant: Cognizant is a multinational provider of IT services and solutions with a strong presence in India. They offer a wide range of ML services, including machine learning as a service, predictive analytics, and computer vision.
- Flipkart: Flipkart is an Indian e-commerce company that uses machine learning to improve customer experience. They use ML techniques to personalize the experience of the users and to provide recommendations to them.
- Ola: Ola is an Indian ride-hailing company that is using machine learning to optimize its operations. They use ML techniques to predict the demand for cabs, to match the drivers with the riders, and to provide an efficient service.
You can find a lot of these companies hiring via popular job sites such as Naukri and LinkedIn.
Why Machine Learning Job Roles are the Future?
Even though the term artificial intelligence has long existed, the phrase has recently begun to become accepted. To many people, it may seem like a relatively new concept or novel idea, but artificial intelligence has influenced our lives in multiple ways.
For example, the internet, which has become essential for us in our daily lives, is being managed by artificial intelligence. More importantly, if we look at the studies by Statista, then by 2025, the market for AI utilization in the healthcare sector alone will reach $28 billion.
In contrast, if we have a close look at this number in the year 2017, then back then, it was just $1.4 billion. By this, you can comprehend the speed with which the machine learning and artificial intelligence industry have developed (which has already opened and will continue to), creating a lot of machine learning job roles and opportunities for professionals.
Apart from the healthcare, there are many other industries where AI has become significantly important. For starters, artificial intelligence is one industry experiencing massive growth. By 2030 the market for explainable artificial intelligence is expected to reach $ 21 billion. All of this indicates that there will be a sharp increase in the need for machine learning and artificial intelligence positions.
Current and Future Market Conditions of the Machine Learning Jobs
A survey conducted by Gartner in 2019 states that companies that implemented artificial intelligence in their operation and business were able to grow from 4% to 14%. This indicates how beneficial artificial intelligence and machine learning are for companies since both operate seamlessly together (because machine learning is a subset of AI). Therefore, it is inevitable that as AI expands its application space, so will the number of machine learning employment.
Many companies are trying to take advantage of the potential as AI technology steadily becomes more common. American Express is a good example of a company employing ML algorithms to immediately identify fraud. On the other hand, Volvo is another example of a company enhancing safety by foreseeing when car parts may malfunction. At the same time, they can also find out when their customers need to go to the nearest service centre for routine maintenance.
Next, if we look at the scope or opportunities that machine learning jobs provide, there is much to explore. For example, customer service, healthcare, speech recognition, trading of equities, and many other real-life applications need machine learning for better decision-making, development and efficiency.
Machine learning has also made its mark on cyber security, quantum computing, robotics, etc.; all of these indicate many opportunities and roles open for anyone who wants to enter this field.
Machine Learning Job Roles and the Upcoming Trends
Right now, it has become a fact that machine learning has virtually unlimited potential. Therefore, it should go without saying that the top-paid machine learning job roles favor candidates who regularly upgrade their skill sets. Your capacity for critical thought, along with knowledge of current industry trends, can make you distinguish yourself from the competition.
If we have a closer look at the current job market, companies like Jio, Walmart, Novartis, and other famous companies offer machine learning job positions. Even platforms like LinkedIn have reported that the number of jobs related to machine learning and AI is drastically rising. Organizations will likely demand even more machine-learning skills as they adopt new technological solutions and develop their capabilities.
All the information we have gone through earlier in this article only indicates that the number of machine learning jobs in India is rising. It will continue to do so as more and more industries implement artificial intelligence and machine learning in their businesses and operations.
If you are already enrolled or want to enroll in machine learning and artificial intelligence, you may require external help to gain experience and expertise in this subject. You can easily get in touch with a machine learning expert who can help you in your machine learning studies through Superprof.
Superprof is an online platform where you can come across professional tutors and trainers from almost any subject. By signing up on this platform, you can contact machine learning experts and get their help through online classes. You can also schedule offline classes with the instructor that lives near you. To know more, visit their website today.
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