Bangalore: A sharp increase in the demand for professionals in the analytics industry in 2016 is visible as there has been a 53% increase in the number of new analytics job postings in India this year, as compared to the previous year. A significant analytics job opportunities came from four sectors viz. Banking and Financial Services, E-commerce, Pharma/Healthcare, Energy & Utilities. These are revealed by a recent study conducted by Analytics India Magazine (AIM) and Jigsaw Academy.
As per the report, 62% of analytics jobs need candidates with less than 5 years of experience. The study brings good news for freshers in the field as close to 18% jobs are for them. The study also brings various hiring trends across the cities with metros like Delhi and Bengaluru taking up the positions of being the major hubs for analytics jobs followed by Mumbai, Hyderabad, Pune and Chennai. Bengaluru alone accounts for 27% of analytics jobs.
Bhasker Gupta, CEO and Founder, Analytics India Magazine said, “Amidst the various trends in the industry, the one which can never fade away is the curiosity around the job scenario. And with numerous companies starting up in the analytics space, there has been a definite surge in the job opportunities. Be it big data expertise, data science know-how or any other analytics role, the industry is going to require a massive skilled manpower in various domains to meet up on these needs.”
Sector-wise, it accounts to 81% of analytics job opportunities existing in four sectors viz. Banking and Financial Services, E-commerce, Pharma/Healthcare, Energy & Utilities. Banking and Financial Services industry make up a good 42 percent of analytics job opportunitie
Almost 44% of analytics job openings look for a B.E./B.tech degree. Overall, 80% of all employers hire analytics professionals with either an engineering degree or a postgraduate degree.
Gaurav Vohra, CEO and Co-founder of Jigsaw Academy commented, This edition of the Analytics India Job Study provides a comprehensive coverage on the state of analytics in India, supplementing its contribution as a platform for the convergence of academics, industry and practitioners in a holistic Indian context.”
The various figures and data in the study quite evidently indicate a positive trend in terms of hiring in the analytics sector in India. The study validates upon a flourishing future that this industry has in store for professionals venturing out into the analytics domain.