6/22/2014 Salary Report 2014: Analytics professionals in India obtain a 250% hike

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Salary Report 2014: Analytics professionals in India obtain a
250% hike
India Infoline News Service/ Mumbai 16:58 , May 19, 2014
Analytics salaries in Hyderabad and Pune are 20%lower in comparison to larger
metro cities. The average analytics salary in India is 11.1 lakhs.
Analytics professionals in India
obtain a 250% hike in their
salaries from entry level
analysts to manager; the
average entry level salaries
have increased by 27% since
2013, from Rs. 5.2 lakhs to Rs
6.6 lakhs per annum,
according to the Annual
Analytics Salary Report 2014,
shared by Jigsaw Academy
The Online School of Analytics.
The report states that cities like Bangalore and Delhi/NCR continue to be the hubs for
Analytics companies in India. Mumbai continues to offer the highest salaries because of
its high cost of living, Bangalore and Delhi/ NCR are the hubs for analytics jobs. They
have the highest number of analytics companies and analytics jobs with salaries in the
range of Rs 11 lakhs. Analytics salaries in Hyderabad and Pune are 20% lower in
comparison to larger metro cities. The average analytics salary in India is 11.1 lakhs.
In addition, the type of company worked for, the city lived in and the analytic tools worked
on, can impact remuneration considerably. Compensation at captive centers, which
deal with locked-in clients for longer time periods typically offer higher salaries for
analysts. Niche service providers who move analysts across multiple industries and
clients offer lower salaries, but give the analyst a richer resume opportunity.
Commenting on the findings of the survey, Gaurav Vohra, CEO, Jigsaw Academy The
Online School of Analytics said, The Data Analytics and Big Data buzz has far from
died down and the demand for trained analytics and big data professionals is
increasing at a tremendous rate. Though many say Big Data is just hype, the reality is
that companies are investing big time in Big Data initiatives and are willing to pay big
bucks for the right talent. In India, Big Data is just about picking up. Companies
especially in the ?nance, retail and e-commerce sectors are relying more heavily on big
data to make decisions that impact their sales, operations and workforce. There is such
a dearth of Big Data talent that these companies are willing to pay high salaries for the
right skill set.

The year 2013 saw a signi?cant rise in Data Analytics and Big Data initiatives across all
sectors in India. Finance, telecom, ecommerce and retail sectors showed higher
investments in data related tools and technologies. Industries like healthcare, auto and
manufacturing also increased their data related spend and Hiring picked up
considerably.
Key Findings in the report:
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6/22/2014 Salary Report 2014: Analytics professionals in India obtain a 250% hike
http://www.indiainfoline.com/Markets/News/Salary-Report-2014-Analytics-professionals-in-India-obtain-a-250-percent-hike/5926921693 2/4
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Predictions for the Analytics Industry in 2014:
There will be a greater demand for analytics training
Web and text analytics will be on the rise
Cloud based analytics tools will become mainstream
Analytics salaries will continue on their upward trajectory.
Key characteristics of the Big Data Industry in India are:
Bangalore, Hyderabad and Pune are the hubs for Big Data in India and have the
most number of open Big Data jobs.
Average salaries for Big Data professionals with Hadoop skills is Rs 13 lakhs
per annum.
Most Big Data professionals are skilled in Hadoop and R, followed closely by
Hadoop and SAS.
A combination of Hadoop and Tab skills is also increasingly in demand.
Companies dont have the capability to train people with these skills and so
expect
New recruits to come trained.
Analytics Salary Report:
Analytics Organization salary comparison:
Captive centers pay higher salaries in general. In a captive center, you are tied in to one
particular industry with limited scope to broaden your expertise in other domains. As
there is little variety, the work could get monotonous, and hence the high salaries to
keep motivation high.
Among the captives (such as BFSI, ecommerce and retail), BFSI offers the highest
salaries. Since they know the value that analytics brings to their business, they con?
dently invest more in analytics and are happy to pay higher salaries to retain their
analytics talent.
Ecommerce companies are the new entrants. They are building their analytics
capabilities and in a bid to get the right analytics talent, are willing to offer good
salaries.
Role and Years of Experience:
Salary More than Doubles from Entry Level Analyst to Manager
In the field of data analytics, trends show that salary increments are higher than
the average 10%.
Average entry level salaries have increased by 27%since 2013, from Rs. 5.2
lakhs to Rs 6.6 lakhs per annum.
Typically, there is a 250% increase in salary from entry level analyst to
manager.
Managers in analytics command an annual salary upward of Rs 15, 00,000
At senior levels, annual salaries are upward of Rs. 25 lakhs which is more
than a 60%increase from a managers salary
The data analytics industry in India is all ?red up. As the year progresses, the country
will continue to see a lot more data analytics start ups raise huge sums of money, big
corporates will consolidate their data operations and multinationals will set up more
data centers in India. The analytics job market will be more potent than it ever was.
The report suggests that we will see a huge no of professionals from other sectors
honing their analytics skills and switching careers. It also goes on to predict that 15
years from now, we predict that those professionals with no analytics and big data skills
will have no scope for growth




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6/22/2014 Salary Report 2014: Analytics professionals in India obtain a 250% hike
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6/22/2014 Salary Report 2014: Analytics professionals in India obtain a 250% hike
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