IT has always been the safest career options till now.
Computer science and Information Technology are the branches which always fill first in any engineering college.
From being the hottest and most wide-spread job creating industry in India in the 2000s, it is now going to shambles.
There is not one IT company in India that is not laying off employees right now.
The golden age of IT giants in India is over with TCS, Wipro, Infosys, etc. laying off more and more IT professionals.
According to executive search firm Head Hunters India, as many as 1.75 to 2 lakh jobs will be cut annually for the next three years
But does that mean that the non-IT sectors are safe?
Hiring by the IT companies declined 17 percent year-on-year in May 2017 as volatility in the technology sector continues, according to the recently-released Naukri JobSpeak study.
Not only IT even if we look at other tech jobs they are also facing the heat.
BPO is down to 10 percent and telecom is facing a dip of 7 percent.
Technologies like Big Data and Artificial Intelligence has not only affected the IT industry but also is changing the world market.
Professionals who are ready to upskill will thrive while others will become obsolete.
Like all business processes in the world ,professionals will also have to be in a state of continuous improvement.
ANALYTICS SALARY REPORT BY ANALYTICS INDIA MAGZINE AND GREAT LEARNING
The average analytics salary in India for the year 2017 is INR 12.7 Lakhs.
Analytics professionals receive the highest salary in Mumbai at almost 13.3 Lakhs per annum, followed by Bengaluru at 12.5 Lakhs.
Big data professionals and data mining professionals get up to 14 Lakhs & 11 Lakhs.
On a average BI, Reporting, MIS professionals get upto 8.7 Lakhs.
Data Engineering professional’s salaries are growing at a very fast rate. Their average salaries increased 23% from 11.5 Lakhs to almost 14.2 Lakh this year.
Analytics professionals are paid the highest in the Telecom industry at 18.6 Lakhs.
Large IT firms provide the lowest analytics salaries in India at 10.1 Lakhs.
R Programming skills are most in demand and R professionals enjoy the best salary in the industry at 14.4 Lakhs on an average. Followed by Python, with almost 14 Lakhs per annum.
The largest number of entry level analytics professionals are employed at ecommerce firms .