Choosing a career in AI (Artificial Intelligence) and data science can be a rewarding decision for students, especially when both of these domains offer great potential for career growth.
AI, Data Analytics, Machine Learning, and Data Science have dominated almost every field in today's ever-evolving high-tech world. They have made a major impact across mainstream business, thereby creating significant business value.
Data analysis by The International Data Corporation predicts that the AI market can reach up to $7.8 billion in India by 2025. With such market potential, opportunities for students pursuing data science and AI will be endless.
If you are still wondering if artificial intelligence and data science are good career choices, here are 5 reasons to show you why.
Rising Demand & Growing Opportunities: The demand for AI and data science professionals is skyrocketing across industries. Both provide versatile careers as they have applications in a wide range of industries, from healthcare to finance to eCommerce to transportation & logistics. Organizations are actively seeking skilled professionals to leverage the power of AI and data to gain insights, make data-driven decisions, and develop advanced solutions. The demand for AI and data science talent is expected to continue growing in the coming years, providing excellent job prospects and opportunities for career advancement.
Competitive Salaries: AI and data science professionals are among the highest-paid in the industry. A Data Scientist's salary in India ranges between ₹ 4.0 Lakhs to ₹ 25.3 Lakhs! Due to the scarcity of talent and the increasing importance of data-driven decision-making, there is a rising demand for such skilled professionals. Hence, professionals in this field are offered attractive compensation packages and enjoy financial stability.
Innovation and Impact: AI and data science have the potential to revolutionize industries and solve complex problems. As professionals in this ever-evolving field, you get a chance to work with cutting-edge technologies and be part of groundbreaking advancements. You will be able to contribute to innovative products and solutions that can have a real-world impact. Whether it's developing AI algorithms to enhance medical diagnoses, optimizing supply chain processes, or creating intelligent virtual assistants, your work can have a transformative effect on the way businesses operate and people live their lives.
Career Growth: AI and data science professionals often have excellent career prospects. According to Michael Page’s July 2021 report, increasing data science applications will create 11.5 million jobs globally by 2026. With experience and expertise, you can not only increase your chances of grabbing these opportunities but also progress to leadership roles, manage teams, or even start your own ventures. The field offers endless opportunities for professional growth and recognition.
Versatility and Transferability: Another factor making the AI & data science domain highly lucrative is the transferability of its skill set. The skills you gain in AI and data science are highly transferable. They can be applied in different domains, allowing you to explore various industries and roles throughout your career. Whether you start in finance and later transition to healthcare or move from a technical role to a managerial position, the foundational skills in AI and data science provide a solid base for professional growth and flexibility.
To acquire expertise in both of these domains, aim for some of the top Btech data science colleges in Indore, Pune, Mumbai, or Delhi.
If you are wondering why to choose Indore from the major Indian cities, it is because you will find some of the best Btech artificial intelligence colleges in Indore as well. And numerous students graduating from these industry-recognized colleges have successfully shaped their careers.