Hyderabad is India’s pharmaceutical capital and one of the fastest emerging tech and IT hubs in the country. And it is a known fact that both IT and Pharma are ripe for leveraging disruptive technologies like Machine Learning and Artificial Intelligence. There are plenty of successful applications of Machine Learning & AI in the IT and Pharma industry. For instance, while the IT industry mostly uses AI / ML for automation and innovation, the pharma industry uses these technologies to create intelligent drug discovery systems.
In response to the increasing growth of AI / ML applications across the IT, e-commerce, and pharma industries, numerous institutes offering AI and ML training have emerged in Hyderabad. As such, Hyderabad presents fantastic training and employment opportunities for AI and ML aspirants. Companies in Hyderabad, whether large corporations or small startups are forever on the hunt for qualified and trained ML / AI experts.
Machine Learning & AI Salaries in Hyderabad
The salary of Machine Learning & AI professionals in Hyderabad depends on many factors such as the job position, size and reputation of the company, and the educational background, skillset, and work experience of a candidate.
In Hyderabad, entry-level professionals who have no prior work experience can get an average annual package of Rs. 3-4.2 LPA. The salary increases with increasing expertise. After 6-8 years of experience, professionals may earn anywhere between Rs.5-12 LPA. For professionals having more than ten years of experience, the salary scale reaches around Rs. 15-21 LPA. As for senior-level professionals in managerial roles (over 15 years of experience), the average annual salary goes as high as Rs.30-50 LPA or more.
Machine Learning & AI Career Options in Hyderabad
Anyone seeking opportunities in AI and ML domains in Hyderabad must lookout for some of the most trending job roles in the city. These include Data Scientist, NLP Scientist, ML Engineer, Big Data Architect, Data Analyst, Business Intelligence Analyst, Robotics Process Analyst, Analytics Manager. For those who wish to go in research-centric roles, they can try for roles like Research Scientist and Applied Research Scientist.
Today, we have come to that phase of technological revolution where Artificial Intelligence (AI) is all around us. From automating business operations to assisting the common man in day-to-day life, the applications of AI and Machine Learning (ML) are transforming the world in a way we never imagined before.
While AI is the science that aims to build intelligent machines that can depict human-like cognitive abilities, Machine Learning is a subset of AI that gives shape to this concept of smart machines. It imparts machines (computers) with the ability to learn from data and perform human-specific tasks. The recent surge of interest in AI and ML technologies has given birth to several miraculous applications of Machine Learning and AI.
Top 5 Applications of Machine Learning and AI
1. Smart Personal Assistants
In the past five years, smart personal assistants have become hugely popular. Siri, Alexa, Cortana, Google Assistant, Amazon Echo, Google Home are all examples of virtual assistants.
2. Sentiment Analysis
Sentiment analysis is a real-time ML application that focuses on “opinion mining.” This ML application is designed to analyze and interpret the sentiment, that is, the attitude or opinion of a speaker or a writer. In simple words, it is the process of determining the hidden intent or emotion out of text or spoken words.
3. Video Surveillance
Video files can contain a ton of vital information, in fact, much more than what text and other media files usually contain. Hence, companies are now inclining toward smart video surveillance to detect crime and fraudulent activities even before they can happen.
4. Fraud Detection
In the face of the rising incidence of cybercrimes, it has become essential to track and prevent fraudulent and suspicious activities before they can compromise the company database. Cybercrimes and security breaches often lead to substantial financial and data losses. Thankfully, Machine Learning is helping make cyberspace and online platforms safer and more secure.
5. Chatbots
Chatbots are just like virtual personal assistants. Recently these smart bots have gained immense popularity due to their excellent customer support abilities. Chatbots can interact with customers in real-time and assist them accordingly. They are highly capable of handling customer requests, complaints, and grievances. While chatbots can handle the basic customer support activities and tasks, if need be, they can also escalate to human agents for more complex issues.
Since AI and ML are emerging technologies, they are in a state of constant evolution. With time, these technologies will become more mature and lead to more such exciting applications and innovations.