India Still Lack 50,000 AI Employees As Candidates Don't Get Enough Skills

The Artificial Intelligence (AI) industry is more and more developing. It appears more regularly and densely in all aspects of our life. The AI has a huge contribution to save human labor and improve work efficiency. According to the experts’ ratings, India has been in the top developing AI industry in the world.

However, a recent report has stated that there are a vast number of high-paid jobs related to AI still available as there are not enough talented candidates matching the requirements of the Indian employers.

More specifically, it is said that the number of available jobs involved in artificial intelligence is double the number of job seekers. Thus, Great Learning, an online learning company offering many high-quality learning programs, reveals it is the real status quo in India. Great Learning CEO also highlights with the Economic Times that it’s definitely the time that all Indian IT engineer should hurry up to raise their skills and get these jobs.

What's happening in India?

The co-founder of Great Learning, Mr. Hari Krishnan Nair said:

The AI industry is more and more fast developing

Nair also showed the reasons why companies can not find adequate professionals to satisfy the demand of nearly 50,000 vacant AI and data science jobs. Many applicants are lack of working skills. Unfortunately, these skills have not been under training in the education system yet.

Mr. Nair also mentioned:

According to a recent survey conducted by some AI researchers, data analysis is the needed requirement for various tech fields. Banking and finance make up the highest percentage (44 percentage) contributing to the demand of these jobs for the previous year.

The second position belongs to the E-commerce service and healthcare with a pretty big gap. Both of them need 12 percent of AI jobs to be involved last year. In addition, the data analytics jobs also appear in multiple different working fields such as the energy industry, telecommunications, and media industry, with the percentage of 8, 6 and 6, relatively.

Gartner also mentions in the survey that there are about 1,000,000 jobs listed in many Indian companies' homepage and 75% of them are related to machine intelligence and data analysis.

Which skills are required by the Indian employers?

Data analysts, technicians, machine engineers, artificial intelligence developers are some of the most common jobs posted, according to the Gartner's report. The majority of registered AI jobs require the applicants not only the SQL programming but also the knowledge of Python. The easy interaction with the machine learning makes the programming language more and more important.

Python is a gateway for companies which are looking to hire data scientists and analysts. Taking charge of these jobs, you are often highly paid with the salary rise of 45 percent on average, even. Plus, due to lack of skillful candidates, the basic salary for these jobs can even be much higher.

Mr. Niar also highlighted: