8 Companies with Highest Salaries for Data Scientists In India
Data is the new oil. Companies across industries realise the importance of using data to analyse performance and predict the future to ultimately ease up the decision-making process, as a result of which, data scientists have become an indispensable part of every organisation, irrespective of its industry, type and size. This has resulted in a spike in demand for data science jobs in the last couple of years. Data scientists are one of the highest-paid employees of most companies. According to Analytics India Magazine research, around 1,400 data science professionals working in India make more than Rs 1 crore salary. In fact, as per data available with job search and company review platform Glassdoor, the national average salary for data scientists in India is Rs 10 lakh a year. We have curated a list of companies offering the highest data science jobs in India. Top 8 Companies with Highest Salaries for Data Scientists NameStarting SalaryAverage SalaryAmazonRs 5 lakhRs 15.56 lakhFlipkartRs 14.5 lakhRs 24.2 lakhWalmartRs 14.5 lakhRs 24.6 lakhHewlett Packard EnterpriseRs 10 lakhRs 21,28,671IBMRs 10 lakhRs 10.91 lakhDeloitteRs 5.5 lakh Rs 12.41 lakhAccentureRs 1.8 lakhRs 10.20 lakh[24]7.aiRs 11.2 lakhRs 19.31 lakh 1. Amazon Global e-commerce giant Amazon requires data science professionals tasks ranging from supply chain optimisation, inventory and sales forecasting to detection of frauds. According to the tech giant, data scientists at Amazon form the link between business and technical sides. Salary: Rs 5 lakh to Rs 45.57 lakh | Rs 15.56 lakh (average) 2. Flipkart Indian e-commerce giant Flipkart employs data scientists across teams. Their roles vary from building Systemic Intelligence across Flipkart products to uncovering and redefining shopping trends in the country. The data science team designs capabilities and solutions across the supply chain, fintech, consumer experience, search and discovery, demand shaping, and fraud modelling. Salary: Rs 14.5 lakh to Rs 42 lakh | Rs 24.2 lakh (average) Check the data science roles available at Flipkart here. 3. Walmart Flipkart’s parent company Walmart has about 29 wholesale stores spread across the country under the name of ‘Best Price’. Data science professionals at Walmart find new and innovative ways of applying data across businesses while leveraging automation to improve processes. Data scientists at Walmart are responsible for mixing technology and retail. Salary: Rs 14.5 lakh to Rs 33.5 lakh | Rs 24.6 lakh (average) Check the data science roles available at Walmart here. 4. Hewlett Packard Enterprise Hewlett Packard Enterprise, or HPE, aims to help customers manage and assess their data. It provides them with advanced tech solutions, services and consumption models to work on the available data. Salary: Rs 10 lakh to Rs 31 lakh | Rs 21,28,671 (average) 5. IBM American multinational tech company IBM was named a leader in the 2021 Gartner Magic Quadrant for data science and machine learning platforms. Its products include the IBM Watson Studio, IBM Cloud Pak for Data, IBM Decision Optimisation and IBM SPSS Modeler– tools used by data scientists and developers. Salary: Rs 1 lakh to Rs 44.62 lakh | Rs 10.91 lakh (average) Check the data science job openings at IBM here. 6. Deloitte Deloitte provides end-to-end business solutions for data science practitioners. It claims that analytics is in its DNA, and thus, Deloitte’s expertise lies in providing smart insights for stronger outcomes. Salary: Rs 5.52 lakh to Rs 27 lakh | Rs 12.41 lakh (average) Check the data science job openings at Deloitte here. 7. Accenture Accenture has a diverse team of data scientists and AI experts to leverage the power of AI and bring in changes in companies and in society at large. Its team of data scientists apply ethical and responsible AI to measure the impact of businesses. Salary: Rs 1.87 lakh to Rs 31 lakh | Rs 10.20 lakh (average) Check the data science job openings at Accenture here. 8. [24]7.ai Customer experience software company [24]7.ai uses AI and ML to understand and analyse customer intent. It helps companies create personalised, predictive and seamless customer experiences across channels. Data science professionals at [24]7.ai are responsible for building and defining AI models into products and offerings. Salary: Rs 11.27 lakh to Rs 23 lakh | Rs 19.31 lakh (average) Check the data science roles available at [24]7.ai here. **Salaries as per Glassdoor reviews.
Data is the new oil. Companies across industries realise the importance of using data to analyse performance and predict the future to ultimately ease up the decision-making process, as a result of which, data scientists have become an indispensable part of every organisation, irrespective of its industry, type and size.  This has resulted in a […]
Around 1,400 data science professionals working in India earn more than Rs 1 crore salary.
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After diving deep into the Indian startup ecosystem, Debolina is now a Technology Journalist. When not writing, she is found reading or playing with paint brushes and palette knives. She can be reached at debolina.biswas@analyticsindiamag.com