Artificial Intelligence has caused revolutionary disruptions in the way IT functions and with digitization, disrupting how everything else functions as well. Experts suggest that companies need to start creating a plan, if not already in the transition to adapting AI. The transition is an inevitable one. 49% of the organizations are already using ML to enhance traditional business processes.
AI transition
In order to become agile, companies are changing their business processes from a system that’s rule based to something more flexible with an outcome driven approach. This change is crucial considering the speed at which the business markets transform and reinvent themselves. This is where a lot of companies have wisely deployed Artificial Intelligence in order to facilitate all transitions.
The use of AI is ofcourse numerous. From enabling analysis of unstructured data from various social media channels to automating and reconfiguring processes that complement and augment the expertise of employees.
WHAT DOES A ARTIFICIAL INTELLIGENCE/MACHINE LEARNING JOB MARKET LOOK LIKE?
At the moment, the demand for AI/ML professionals is exploding!
The year 2018 is witnessing a sharp rise of 60% increase in demand for AI trained professionals.
AI is all set to create over 2.3 million new jobs across the world by the year 2020.
In the year 2018 alone, one in every five companies will use Artificial Intelligence to make decisions in the year 2018. They help companies offer customized instructions and solutions to employees on a real-time basis.
Just AI- related job postings measure almost 32% in a one year time period – between Jan 2017 and Jan 2018.
Tencent reports 3,00,000 AI professionals across the world, but companies need millions more!
Top-tier AI researchers get paid as much as NFL quarterbacks! This says a lot about the demand.
Microsoft, Amazon, Google and other top MNCs are constantly recruiting hundreds of Artificial Intelligence positions.
Ones who learn to make machines that can exhibit intelligence today are soon going to lead the next revolution in technology, and be a part of the most cutting edge organizations to be allowed a chance to disrupt industries via cashable skillsets.
Some of the job roles that the industry is ready to offer to trained professionals are:
Data Scientists
Machine Learning Engineer
Data Analyst
Social Media Analyst
Financial Analyst
IIHT – Bridging the skill-gap
As per a report by Element AI, there are just 10,000 people in the world who can currently handle complex research in Artificial Intelligence. Most people are frustrated with the status quo of the present, traditional education system and are looking for methods to disrupt that. One can blame the universities, but Artificial Intelligence came up way too fast.
As the digital skills gap, especially in the area of AI/ML has become a hot topic among global tech leaders, governing bodies and large organizations, IIHT believes that a comprehensive course, taught by industry experts, with browser lab access to work on live projects through blended learning methods can help reach more aspirants, faster, easier and in a more effective way.
IIHT has been training several professionals in IT companies across the world in Artificial intelligence and Machine Learning. Working closely with companies who made the AI leap has given IIHT a close peek into the demands, needs and technical goals of organizations. This experience is translated into job-ready, industry oriented AI/ML stack.
