Kolkata’s tech scene is becoming increasingly diverse. From small startups to large tech and IT firms, every company, irrespective of their size and industry, are investing in and leveraging AI and ML technologies. Companies across all parallels of the industry including healthcare, education, IT/ITES, banking, finance, and insurance, supply and logistics, and even public administration now realize the potential of AI and ML to change Kolkata’s economic scenario for the better.
Consequently, the need for skilled and qualified AI and ML professionals is steadily growing in Kolkata. While professionals are enrolling in AI/ML certification courses for upskilling, many companies in Kolkata are taking active steps to encourage employees to take such courses to acquire AI and ML skills.
Machine Learning & AI Salaries in Kolkata
The salary of Machine Learning & AI professionals in Kolkata depends on multiple factors such as a candidate’s education, skillset, and work experience, along with the job position and the size and reputation of the company.
Freshers and entry-level professionals having no prior experience can bag jobs with a starting salary of Rs.1.8-3 LPA. As work experience increases, the salary scale also increases. Professionals who have around 6-8 years of experience can make anywhere between Rs. 3-4.2 LPA. As for those with over ten years of experience, the yearly salary ranges between Rs. 12-20 LPA. The salary of senior-level professionals having more than 15 years of experience usually ranges between Rs.25-40 LPA.
Machine Learning & AI Career Options in Kolkata
As more companies and enterprises in Kolkata are opening up to AI and ML technologies, many exciting job prospects are emerging in the city. Aspirants who wish to bag AI/ML job roles based in Kolkata can lookout for positions like ML Engineer, Robotics Engineer, Big Data Architect, Data Analyst, Business Intelligence Analyst, Robotics Process Analyst, Analytics Manager, Data Scientist, and NLP 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.