Demand for analytics, data science professionals surged in August

KOLKATA: Analytics and data science professionals saw a surge in demand in August, after the sector hit a low in May following the Covid-19-induced nationwide lockdown.

A total of 93,500 analytics and data science jobs were available at the end of August, according to professional learning platform Great Learning’s annual analytics job report shared with ET.

The figure represented an increase over the low of 82,500 seen in May, after a peak of 109,000 in February before the pandemic struck. Last year, the average number of open positions for the full year was about 90,500.

India contributed to 9.8% of the total global analytics job openings in August, up from 7.2% in January, according to the report.

The country’s share increased because of three factors, said Hari Krishnan Nair, co-founder, Great Learning – an evolving analytics domain, as evident from a year-on-year increase in funding in Indian analytics startups; organisations investing in the development of enhanced analytics capabilities; and the recessionary environment leading to a greater proportion of jobs outsourced to firms based in India.

The top 10 organisations in terms of analytics jobs advertised in August were mostly multinationals and domestic IT and KPO organisations. The list included Accenture, Mphasis, Cognizant Technology Solutions, Capgemini, Infosys, Tech Mahindra, IBM India, Dell, HCL Technologies and Collabera Technologies.

Almost 98% of analytics jobs advertised in India were full-time, and the top designations advertised were analytics specialist, data scientist, decision science manager, business analyst, analytics manager, statistical modelling, statistical analyst, marketing research analytics and operations analytics manager.

Despite a marginal decrease from 25% in January, and from 24% last year, Bengaluru accounted for the highest proportion of open jobs, contributing around 23% of analytics jobs in India. Delhi-National Capital Region was second with a 20% share, down from 21% in January and 22% a year ago. Hyderabad, Kolkata and Ahmedabad saw marginal growth in their respective share in August over January and over last year.

While the banking and financial sector remained the biggest influencer in the analytics job market, after the IT sector, with 35% share of jobs, open job positions in this sector continued the decreasing trend from a 36% share in January, 38.3% last year and 41% in 2018. Pharmaceuticals and healthcare saw an increase in the proportion of analytics jobs to 16.3% in August from 16.1% in January. The proportion of analytics jobs in the e-commerce sector saw the largest increase to 14.6% in August from 11% in January and 12% in 2019.

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