Organizations, regardless of industry and size, nowadays are overwhelmed with an ever-growing amount of data. The data often is raw and unstructured but entails valuable insights. This is where machine learning has a role to play in analyzing such voluminous amounts of data and deriving meaningful information for business growth. Machine learning is one of the fascinating technologies and a method of data analysis that automates analytical model building. Since it is primarily focused on helping businesses to enhance overall functioning, productivity and decision-making process, it also opens vast career opportunities.
There are various ML roles that provide an aspirant a learning edge and are professionally rewarding. Analytics Insight listed the top machine learning salaries in India in February 2021.
Machine Learning Engineer
Machine learning engineers are typically responsible for designing and developing machine learning and deep learning systems. They run ML tests and experiments and implement appropriate ML algorithms. They need to have proven experience as a Machine Learning Engineer or similar role. They must have an understanding of data structures, data modeling and software architecture; knowledge of math, probability, statistics and algorithms, along with programming languages like Python, Java and R. The average salary of a Machine Learning Engineer in India is INR 7,66,053.
Average salary: INR 7,66,053
Salary range (per year): INR 322,000– INR 1,500,000
Algorithm engineers create cost-effective scalable systems and develop innovative algorithm solutions. They develop an algorithm system that records all operations and can be maintained by the team. They manage the design, development and deployment of scalable, high volume and real-time system. An algorithm engineer should knowledge of algorithm applications – both theoretical and practical in software engineering. The average salary of an Algorithm Engineer is INR 7,31,159.
Average salary: INR 7,31,159
Salary range (per year): INR 120,000 – INR 3,414,000
A data engineer builds and maintains an organization’s entire data ecosystem, including everything from data sources and databases to data storage solutions. Their primary responsibility is to design and engineer a reliable infrastructure for transforming data into such formats as can be used by data scientists. Data engineers integrate, consolidate and cleanse data collected from multiple sources. They prepare raw data for manipulation and predictive/prescriptive modeling by data scientists. The average salary of a data engineer is INR 7,00,000.
Average salary: INR 7,00,000
Salary range (per year): INR 302,000– INR 1,600,000
Statisticians are professionals who apply statistical methods and models to real-world problems. They glean, assess and interpret data to help in many business decision-making processes. Statisticians have a very different approach to building and testing models as compared to data scientists. The analytical prowess of statisticians helps organizations in understanding quantitative data and predicting potential trends. The average salary of a Statistician is INR 5,26,829.
Average salary: INR 5,26,829
Salary range (per year): INR 325,000– INR 2,391,000
Data analysts are primarily responsible for designing and maintaining data systems and databases. This includes fixing coding errors and other data-related problems. They mine data from primary and secondary sources and then reorganizing given data in a format that can be easily read by both humans and machines. They use statistical tools to interpret data sets, focusing on and exploring new trends and patterns that could be valuable for diagnostic and predictive analytics efforts. The average salary of a Data Analyst is INR 5,23,921.
Average salary: INR 5,23,921
Salary range (per year): INR 274,000 – INR 1,000,000
Computer Vision Engineer
Computer vision engineers are professionals who have a significant amount of experience with a variety of systems, such as image recognition, machine learning and segmentation. They often apply computer vision research that is based on a large sum of data to solve real-world problems. They work closely with other departments to facilitate the implementation of novel embedded architectures. A computer vision engineer should have skills working with linear algebra math libraries and other similar computer vision libraries, as well as software skills. The average Computer Vision Engineer salary is INR 4,80,000.
Average salary: INR 4,80,000
Salary range (per year): INR 151,000 – INR 908,000
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