The top five – as also eight of the top 10 – fastest growing jobs for professionals in India are in technology, according to an analysis by LinkedIn, the world’s largest professional networking site.
Machine learning engineer, application development analyst, back-end developer, full-stack engineer and data scientist constitute the top five jobs.
The report is based on an analysis of data between 2013 and 2017 of the millions of LinkedIn members in India who have included work experiences in their profile. LinkedIn has over 50 million profiles on its India platform.
The data shows that the top five job roles grew during this period by 43, 32, 23, 18 and 14 times respectively. It bolsters the idea that the country’s job market is making a seminal shift from the traditional engineering jobs to more niche ones requiring new skill sets. Just half a decade ago, the most prominent titles were software engineer and senior business analyst.
Machine learning, which has become a buzzword across the globe, is a branch of artificial intelligence (AI) to produce automated data modelling. Companies are treasuring and actively looking out for people who can make sense of the trove of data they possess to better serve customers.
“In India, more and more businesses are shifting focus and resources to big data and digital products. Leaders across BFSI (banking, financial services & insurance), manufacturing, media and entertainment, professional services, retail and consumer products, technology-software are looking at technology to drive scale, efficiency and growth. So machine learning engineers and data scientists find themselves in massive demand,” the report said.
Application development analyst, the second fastest growing role, develops, tests, supports and troubleshoots computer-based applications for clients. Back-end developer, as the title suggests, builds the back-end – or the server side – in web applications and important functions like the database. Full-stack engineers are able to run a project from start to finish – build the server-side functions of a website as also make it friendly for the end user.
The report by LinkedIn, which is part of Microsoft, also shows that when it comes to qualifications for machine learning and data scientist jobs, more than half the new workforce has just a basic bachelor’s degree, implying that companies train them on the job. Firms find it difficult to get highly qualified students who are industry-ready. In comparison, in the US, roughly 17 per cent of new graduates who take these jobs hold a doctorate degree, which would command a fatter pay cheque.
The report said the explosion of data has created demand for data scientists across cities, with Mumbai and Delhi/NCR witnessing maximum competition for this role. India is also the largest supplier of data scientists and cyber security specialists to Singapore. Since 2017, 22 per cent of data scientists that migrated to Singapore came from India, LinkedIn said.
“As the blurring and melding of specialist roles picks up pace, the key to attracting the best people will be to focus on a recruit’s skills rather than their previous job titles,” the report said.
Interestingly, while the top five jobs are all technology ones, the job of a customer success manager (CSM), which often would not require a hardcore STEM (science, technology, engineering, mathematics) background, is ranked 6th. With clients shifting to SaaS (software as a service), the job of a CSM is to help clients use the software successfully and secure the annual renewal revenue. It was the top emerging job in Australia, and fourth in the US.
-GoITWay
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