Data translators a big draw as companies make shift to large scale AI

  • “Even though the data boom is relatively a recent phenomenon, around 90 per cent of the world’s data has been generated in the past two years only. 
  • However, in terms of usage, firms have only been able to scratch the surface by harnessing less than 1 per cent of those to extract useful insights.
  • The current demand is led by the ecommerce segment, including FMCG/FMCD companies, where the demand for business analysts to understand buyers’ behaviour is high. 
  • LTI also conduct Hackathons to identify potential candidates with mathematics, statistics and data engineering backgrounds who showcase these traits.
  • Analysts suggest that for every data scientist, companies will need five to seven data engineers and around 10-15 translators.”

https://www.google.com/amp/s/wap.business-standard.com/article-amp/companies/data-translators-a-big-draw-as-companies-make-shift-to-large-scale-ai-119030200778_1.html

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