Tuesday, August 4, 2020
News
NEWS HOME
»
PRESS RELEASES

37 Percent of Data Scientists Believe That Data Science Jobs are Available Despite the Current Crisis, Report By AIM
  SocialTwist Tell-a-Friend  
   


Date: 03-07-2020 12:39PM
Source: Analytics India Magazine
Category: General, Consumer Interest, Human Resources & Consultancy Services, Internet, Information Technology, Education & Training, Advertising, Pr And Marketing, Technology, It & Tech
Location: Bengaluru, Karnataka, India

Business Wire India
According to a survey by Analytics India Magazine on Data Science recruitment from job seekers perspective, 37% of the respondents believe that Data Science jobs are available, despite the current crisis. This is the highest and most optimistic response for all those surveyed. Whereas 16% believe that jobs might not emerge for one year, which is the most pessimistic of views of those surveyed.

The survey, which was conducted in association with AnalytixLabs, determines the challenges that applicants face during the Data Science and Analytics hiring process. It covers various aspects from job seekers perspectives such as availability of jobs in the current crisis, challenges faced during data science recruitment process, the necessity of degree or formal education for a data science job, the significance of programming experience, the significance of prior work experience, and more.

In terms of challenges encountered during data science recruitment, 39% of respondents believe that it is a lengthy hiring process. Lack of regular communication from recruiters is listed as the second most challenging as about 28% of the respondents face this challenge.

35% of respondents believe that for Analytics and Data Science hiring, it is required to have a degree or formal education. Whereas 17% of the respondents believe that on-the-job learning with no formal learning is sufficient for a career in Data Science.

In terms of formal programming experience, 40% of the respondents feel that on the job learning balances formal programming experience, whereas 29% of the respondents feel that formal programming is very significant and on-the-job learning on its own is insufficient.

According to the report, 35% of the respondents believe that prior experience of 5+ years is very significant for Analytics and Data Science hiring or jobs. 33% of the applicants feel that prior experience is significant but not crucial as similar experience in IT or Statistics is sufficient for a job or career in data science.

In terms of transitioning to Data Science from a non-science background, 48% of the job seekers feel that it is difficult to make a transition, whereas 13% of the respondents believe that the transition is easy with online training and free learning supporting the transition. However, 11% of the respondents feel that it is not possible for Non-science professionals to transition to a career in Data Science. The report also suggests that the job seekers identify internship as the best approach to get on-board with organisations, with 69% of respondents believing that.

According to the report, of all the resources and tools for up-skilling and preparing for recruitment, online self-paced learning has emerged as the most preferred method as 66% of the respondents have favoured this method for preparation and building capabilities. On the other hand, in terms of sectors covered, the IT sector has emerged as the one providing the most opportunities. 41% of Data Science job seekers have identified this sector with the most opportunities.

For specific sites or resources utilized to find a job in analytics or data science, LinkedIn has once again emerged at the top of the bracket across the Data Science job-seeking community. This year, 82% of the respondents have mentioned that they utilize the professional networking site to find a job. The leading job site Naukri.com is preferred by 21% of the job-seeking community.

In terms of cities, Bengaluru has once again emerged as the leading city among job seekers, with 87% of the job-seeking audience voting Bengaluru as the destination for most opportunities. This is followed by Mumbai and Delhi.

The demographics of the survey included fresh graduates seeking opportunities and also personnel seeking new ventures across the analytics space. Moreover, the respondents covered personnel largely from the tech hub of Bengaluru, followed by the Finance hub of Mumbai.

Bhasker Gupta, Founder & CEO, Analytics India Magazine said, “With the global pandemic, the Data Science market is evolving to adapt to the changes it is brought along. While the scenario has been in control compared to other segments, it is important that both Analytics job seekers and the community understands the hiring trends and get a pulse of the job market. This survey report aims to cover the experiences of Data Science and Analytics job seekers, to help them see the overall scenario of Analytics recruitment, especially during the current downturn.”

Sumeet Bansal, CEO & Co-founders, AnalytixLabs said, "The economic impact of the current global pandemic is wide and deep, which is unlikely to go away in a jiffy. Though Data Science domain is well poised to gain in this new normal of a more digitized world. This report will help all Data Science professionals and aspirants, to get the beat of the job market and plan their next career move. It provides useful insights into the challenges faced by job seekers and opportunities that lie ahead!"

Access the complete report here:
https://analyticsindiamag.com/data-science-recruitment-survey-2020-job-seekers-perspective-aim-analytixlabs/
About AIMResearch

AIMResearch provides rigorous, objective research and advisory to organizations that plan to achieve higher levels of success with their analytics implementations. Its single and overriding goal is to equip clients with the insights, advice and tools they need to create a well-oiled, data-driven enterprise. Founded in 2012, it is a part of Analytics India Magazine, the leading media company in India focusing on AI and data science. AIM has expanded well beyond the flagship digital media platform to provide senior leaders across the enterprise with the indispensable business insights, advice and tools they need to achieve their mission-critical priorities and build the organizations of tomorrow.

Visit AIMResearch at www.aimresearch.ai

About AnalytixLabs

AnalytixLabs pioneers in analytics training since 2011. As one of the first analytics training institutes, it is widely acclaimed and known for high-quality training by industry experts. After establishing in Delhi NCR, they slowly and steadily progressed to earn the same reputation pan India. Their students are placed in leading companies across industries. It was co-founded by Sumeet Bansal, Ankita Gupta and Chandra Mouli.

Visit AnalytixLabs at www.analytixlabs.co.in


More Press Releases

Moody’s Analytics Repeats IFRS 9 Wins at Risk Technology Awards

First Eagle to Open Its First German Office in More Than 80 Years; New Hire Louanges Will Direct International Wholesale Business From Munich

Hengli Petrochemical Announces Start-up of its 5th PTA Line Utilising INVISTA’s P8 PTA Technology

Dole Unveils Integrated Strategy Against Banana Disease

Spykke Innovations Partners with tracesafe, to Launch Unique COVID Safety Wristbands in India

Freedom for Our Girls: Breaking Menstrual Barriers

Takeda Announces FY2020 Q1 Results; Confirms Management Guidance & Raises Reported Operating Profit And Reported Net Profit for the Full Year

Craft Silicon and PayU Announce Strategic Association to Advance Digital Loan Repayment Solutions for Lending Institutions

With World’s 1st AI and ML Powered Annual-Recurring-Subscription-Model, Frinza Is All Set to Disrupt the Global Gifting Industry

Crossbeats Brings You Work from Home’s Best Bud in Its Beast of a New True Wireless Earphones

Preferred Equity Offering of Lead Real Estate via a Digital Securities Issuance, Brought to Market by GRIP, Securitize and Rialto

Andersen Global Continues West African Expansion with Addition of Tax and Legal Firm in Benin

New One-Stop Resource Center Gives Developers a Robust Array of Tools to Easily Manage, Monitor and Integrate Limelight Services

India Angel Fund invests in Mental Wellness Startup IPHM Services, round led by Monaliesa Sarkar, Jyoti Tiwari, Koel Dutta, Sabana Khatoon, Dr. Vikaas Grover and Rahul Narvekar

CoinEx $50M Ecosystem Development Fund Points First Investment as OneSwap

Wipro Selected as Strategic Partner by Metro Bank to Drive IT Transformation

Velodyne Lidar Sensors Power Emesent’s Hovermap to Fly Beyond the Visual Line of Sight

Empagliflozin meets primary endpoint in reducing risk of cardiovascular death or hospitalization for heart failure in Phase III trialin adults with and without diabetes

Takeda Announces U.S. FDA Breakthrough Therapy Designation Granted for Pevonedistat for the Treatment of Patients with Higher-Risk Myelodysplastic Syndromes (HR-MDS)

NWFI Says Everyone is Looking at India as an Alternative to China and Allowing Exports Will Boost the Domestic Industry

UL Issues First Safety Mark for Hyperbaric Chambers in India

Abbott and 1mg Bring Continuous Glucose Monitoring Solutions Closer to Indian Homes

Face Mask Killing Covid-19, Tested by US-Based ISO Certified Laboratory, Developed and Launched by an Indian Start-up

Terns Pharmaceuticals Announces Completion and Positive Results from Phase 1 Clinical Trial of TERN-201, a SSAO Inhibitor in Development for NASH

Philips Introduces Revolutionary Haircare High-Tech Devices and DIY Female Grooming Products

Taobao Introduces Maker Rating System to Champion Young Entrepreneurs, Originality

Sustainable Mica Policy and Vision Prepared by Responsible Mica Initiative with Jharkhand Government and Civil Society Support

MOGAS Wins Multimillion Dollar Bid to Supply Valves for Southeast Asian Refinery

Bank of Baroda’s Credit Card Arm Readies for Digital Transformation with Implementation of Fiserv Technology

Aspect Announces General Availability of Aspect Unified IP 7.4 SP1, the Premier Enterprise Contact Center Solution for High Volume Customer Outreach

Recipe for Growth: Balancing Health, Indulgence and Taste Key to Drive Biscuit and Cookie Growth in India

Automation Industry Leader, Armstrong Along With Indian Rocket Scientists Launched UWe Safe for Contactless 3D Sanitization

WorldRemit Wishing All Those Celebrating a Blessed Eid al Adha

DNSC Introduces the “Typhoon” C20590 MX, the World’s Lowest Cost 100 ppm Full-Color All-In-One MICR Inkjet System

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Ayodhya stalwarts may stay away from 'bh...
IndiGo pilot killed in car crash in Hyde...
Kerala: Suspected 'mentally deranged' ma...
Manipur CM innaugurates 300-bedded COVID...
'Conspirators behind Mujib killing, Hasi...
Curfew ordered in Srinagar on August 4 a...
More...    
 
 Top Stories
1,009 new cases take Gujarat's Covi... 
IndiGo pilot killed in car crash in... 
With 89 fresh COVID-19 cases, Indor... 
Indian envoy in Afghanistan meets A... 
Yediyurappa doing well, clinically ... 
Kerala: Suspected 'mentally derange... 
Assam situation limps towards norma... 
Aayush Sharma pens a birthday note ...