ML Remains The Most In-Demand Tech Skill Post COVID
The year 2020 has witnessed some massive transformations of the decade with countries going under lockdown and millions of professionals losing their jobs overnight. Post seven months of isolation, when things are now beginning to return to normal, businesses have started looking to survive the post-COVID era. With tech professionals becoming a critical asset amid this crisis, companies have started putting out their resources for recruiting the right tech talent to remain relevant. And, thus, there has been a gradual rise in demand for professionals with advanced technical skills.
While tech skills have always been sought after, some skills are expected to gain more traction than others in the post-COVID world. In fact, various reports and studies conducted at the beginning of the year highlighted a rise in domains like artificial intelligence, deep learning, data analytics, and machine learning. Despite the lockdown, these domains continued to develop at a steady pace.
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According to a recent study done by Analytics India Magazine, it has been noted that open jobs for analytics professionals have the highest proportion at 33.7%, which is then followed by machine learning at 20.4% and cybersecurity at 15.4%. This could be attributed to the immense amount of data that is generated in every transaction across B2B and B2C segments. Such data also shows that despite the recession, there is still a requirement for data analysis and automation to reduce redundancies, and to safeguard critical data.
AI/ML Can Help In Adapting To The Change
To remain relevant in the era beyond COVID, businesses are critically looking for tech talent and skills that can help them adapt to the new change. And for that, artificial intelligence and machine learning have turned out to be the critical skills that are creating a buzz in the industry. Not only the technologies have vast use cases in the industry but are also helping in significant innovations for the post-pandemic world.
To remain relevant in the era beyond COVID, businesses are critically looking for tech talent and skills that can help them adapt to the new change. And for that, artificial intelligence and machine learning have turned out to be the critical skills that are creating a buzz in the industry. Not only the technologies have vast use cases in the industry but are also helping in significant innovations for the post-pandemic world.
With businesses expected to automate their operations and primary manual roles, the requirement for AI and ML experts have been on the rise. As a matter of fact, LinkedIn’s job report for this year noted that the hiring growth for AI specialists has grown to 74% annually in the past few years. On the other hand, according to another job portal, Indeed, the average base salary of a machine learning engineer is $145,539 per year in the US and a median wage of 13.6 Lakhs in India.
The data show that in spite of the economic downturn, the requirement for AI and ML talents has to be steady without any decrease in their salaries. The report further noted that skills like TensorFlow, Python, Natural Language Processing are the highest in demand and thus will be critical for professionals to land on AI/ML Jobs.