Technology has changed the way humans do business. Nowadays, data science and artificial intelligence (AI) represent the most disruptive developments, rapidly affecting not only the economic landscape but also our daily lives. In the last two decades, India has positioned itself as a worldwide IT center, and it is now on its way to becoming a powerhouse for Data Science and AI. India has also started giving training in data science and AI for working professionals to learn the in-demand skills. Learnbay is one of the popular training providers which delivers hands-on training through its online data science course in Mumbai. 

INDIA NASSCOM Artificial Intelligence and Data Science Report

The National Association of IT Services and Software Companies (NASSCOM), a semi-trade organization and activist organization of India focused here on the country's technology industry, produced a paper titled "75@75 - India's AI Journey."

Following are some AI-driven efforts in different industries in the economy:

Farmers can use the Microsoft E-marketplace platform. In its first year, the platform attracted nearly 150,000 farmers nationwide to undertake advanced deals. Its medium-term ambition is to enroll almost five million farmers in the next five years. If these targets are met, the influence and benefit in regard to the total market volume (of transactions) are anticipated to be Eur 250 million in the initial year and $ 8.5 billion over five years.

Intel and the Sankara Eye Foundation collaborate to use artificial intelligence to transform diabetic retinopathy. Diagnosis and Therapy Netra AI, a helpful tool for early identification, treatment, and control of this bone deformity that leads to blindness, has a precision and sensitivity - of 99.7% and 98.5 percent, respectively, while detecting any DR.

Manufacturing the soul kit was to disrupt the transfer chain by making testing more affordable. The kit's efficiency is 94.2%, its sensitivity is 91.3%, and its specificity is around 98.2%.

Consumer Service Automation Platform Verloop.io for Nyka - Nykaa had over 1.6 billion new discussions in the first three months of using Verloop.io. About 90% of the clients who took part in these talks thought the Verloop.io bot was excellent or exceptional.

Data Science and AI growth is expected to be exponential in the coming decades.

• Throughout 2017 and 2023, the international Machine Learning market is predicted to expand at a CAGR of 44.1%, expanding from USD 1.41 billion to USD 8.81 billion!

• Based on the World Economic Forum, artificial intelligence will offer 58 million jobs by 2023!

• According to forecasts from the World Economic Forum, data scientists as analysts will become the most significant rising occupation globally by 2023.

• Between 2018 and 2023, the international Machine Learning market is expected to expand at quite a rate of 44.1 per cent, rising worth USD 1.41 trillion to "$ 8.81 billion.
• According to the LinkedIn job board, there are almost 45,000 AI job postings.

• The market for Data Science and AI professionals will only grow in the future years, and there is a severe shortage of qualified candidates in these sectors.

• India is well positioned to satisfy the global Demand for Information Science and AI workers, creating millions of employment in this sector over the next several years.

• If you want to work in data science or artificial intelligence, now is the time to start. Sign up for the most comprehensive data science course in Pune, master the skills and work as a competent data scientist in top MNCs.