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Data Science and Artificial Intelligence Demand in Dhaka

The days of bragging rights for owning a smartphone or personal computer that was connected to the Internet are long gone. The “data era,” which this digital age has brought about, is one in which data has overtaken oil and gold as the most valuable commodity. Access to digital technology is expanding, changing how people work, unwind, and book their trips. 

With more people having access to the internet, there is an unprecedented amount of data being produced globally every day, and this trend is anticipated to continue. Data Science and Artificial Intelligence technologies have essentially taken over the world. The economic hub of Bangladesh, and the country’s capital what’s more the largest metropolis, Dhaka, is a growing information technology focal point. Let’s find out the demand for these domains in the city. 

What is Data Science and Why it Matters?

Data science is the study of extracting useful information from data using cutting-edge analytical methods and scientific concepts for business decision-making, strategic planning, and other purposes. It involves a thorough examination of the vast quantity of data that is available when processing raw, structured, and unstructured data using various technologies, algorithms, and the scientific method. 

Be it fraud detection, targeted advertising, customer service, image recognition, speech recognition, cyber security, or medical diagnosis for that matter, data science is everywhere. It is used in the fields of business, accounting, education, science, engineering, healthcare, technology, the energy industry, and many more. Businesses may become much more competitive in their marketplaces, boost overall income, and improve company success by organizing and evaluating their company data. Businesses need data science more and more now. 

It’s true that data science influences business, but it also improves and has an impact on the entire globe. From more tailored entertainment to more effective medical care, data science has several benefits. Researchers can also use data science to develop novel solutions to age-old problems, businesses can use it to tailor their products and services to each customer, and governments can use it to make data-driven decisions. From USD 95.3.9 billion in 2021 to USD 322.9 billion in 2026, the market for data science is anticipated to increase! As firms sustain themselves through data-driven insights, there is an increasing demand for data science personnel!

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Data Science Careers in Dhaka

The Bangladeshi ICT market is anticipated to grow at a CAGR of 1.83% from the forecast period 2023 to 2028, as reported by ModorIntelligence. The city of Dhaka places on information technology, robotics, healthcare, cyber security, and artificial intelligence as key drivers of the market’s growth. Given that many industries in the city nowadays, there is a huge influx of data scientist nerds. 

This demand for data science professionals resulted from the unanticipated need for people who could wrangle with data, make discoveries, and eventually empower organizations to make data-driven decisions. This also defined the beginning of the digital revolution. It was a data scientist’s responsibility to work with businesses that were attempting to manipulate petabytes of data to maximize the opportunity to learn from this data set.

Although the significance of data science has only recently come to light, businesses in Dhaka are rushing to capitalize on this brand-new area of expertise. In addition to respectable pay, job candidates frequently earn exceptional benefits packages, making data science a desirable and in-demand career path. The numerous data science jobs in Dhaka available right now are insane!

  • Data Scientist
  • Statistician
  • Database Administrator
  • Business Intelligence Analyst
  • Marketing Analyst
  • Data Analyst
  • Data Mining Specialist
  • Infrastructure Architect
  • Machine Learning Engineer
  • Business Analyst
  • Database Developer
  • Data Engineer
  • Applications Architect
  • Data Architect
  • Enterprise Architect
  • Machine Learning Scientist

In the previous few years, data science has become very well-liked. Nearly every industry, from eCommerce to healthcare, has been invaded by them. Despite data science being one of the most popular topics, there isn’t the right talent pool for data science.

How much does a Data Scientist earn in Dhaka?

By this point, it should come as no surprise that the different data science issues that businesses are facing have resulted in a significant increase in the number of data science jobs in Dhaka available. It won’t be long before this demand continues. The vertical of data science an individual data scientist works in has a direct impact on the data scientist’s salary in Dhaka.

Companies paying these high wages are aware of the potential of big data and are keen to apply it to improve business decisions. In this expanding sector, even entry-level earnings are beginning to look appealing. According to Glassdoor, a data scientist’s salary in Dhaka is 60,000 BDT a month on average. This amount could vary anywhere from 30,000 BDT a month to 130,000 BDT a month depending on various factors including expertise, skillsets, company point of view, and job roles. 

Certainly, data scientists have one of the most sought-after job titles today and are among the highest-paid specialists in the data science sector. Yet, it is imperative that you possess the data science skills and talents required to be the best in the field in order to get paid fairly. Do you have that? Let’s find out.

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Necessary Skills to Have in Data Science

The bulk of citizens enthusiastic about a career in data science doesn’t have the skills essential to perform the work, in addition to a dearth of new talent. Data science abilities are crucial for creating and retrieving exact information that is appropriate for an organization’s professional requirements. The foundations of data science include understanding statistics, computer science, programming, data structures, algorithms, system design, and narrative.

However, data science hard skills are only a small part of what data science specialists accomplish; they also need a wide range of other talents. If data scientists want to maximize their impressive technical competence and assist corporate executives in making sense of data, soft skills are just as important.

Good business sense, effective communication skills, a dedication to teamwork, adaptability, and critical thinking are all important qualities. We should all be putting effort into developing these soft skills in data science because they will be even more important in the future of work in order to make use of our special human traits.

In order to gain an advantage over your competition, enrol in DataMites data science courses  in Dhaka if you believe you possess the skills and desire to begin working in this extremely rewarding sector. You have the ball in your court. Are you prepared to invest the time and effort necessary to learn about data? 

Data scientists are one of the most sought-after and high-paid jobs in the world. Because they sift through vast amounts of data, examine trends, and keep tabs on developments that affect crucial business choices, data scientists play a prominent role in the competitive landscape. A data scientist not only plays a significant function in assisting firms to thrive but also commands competitive wages and has many prospects for career progression. 

DataMites – Data Science Courses in Dhaka

The foundations of data science are a worthy investment that you will never regret making. It is the moment to take action and quick action. At DataMites, you can gain knowledge of the most recent technological advancements, acquire the skills necessary to launch a successful career in the quickly growing field of data science, and design a unique professional path for yourself.

DataMites, a reputed provider of data science training in Dhaka, will instruct you on both basic and advanced data analytics techniques utilizing both a theoretical and practical approach. Hence, you’ll be equipped to deal with business problems particular to your sector. Specifically, the industry-focused data science programs we provide strictly follow the rigorous standards established by the esteemed IABAC. DataMites’ resource staff is knowledgeable in consumer expectations and market trends. 

A handy way to learn and understand data science without having to travel, without being constrained by time, and leveraging internet technology to speed up your learning is through online data science training in Dhaka. The following list includes the top data science qualifications we provide in Dhaka:

  • Certified Data Scientist
  • Data Science Foundation
  • Statistics for Data Science
  • Data Science for Managers
  • Python for Data Science
  • Diploma in Data Science
  • Data Science for Operations
  • Data Science for Marketing

Data science experts are now part of a different global workforce as a result of emerging technologies like quantum and cloud computing, blockchain, artificial intelligence, and machine learning. In essence, it is impossible to discuss data science without mentioning artificial intelligence, and the opposite is also true. Now let’s learn about artificial intelligence.

Read these articles for more details:

What is Artificial Intelligence and Why it Matters?

A rather overused technical phrase in our culture, AI, has come to be linked only with futuristic-looking robots and a world run entirely by machines. In practice, artificial intelligence differs greatly from that. Artificial intelligence is the subfield of computer science that aims to develop tools that can imitate how the human brain functions. Machines are able to learn and function more effectively than humans ever did thanks to all of the new inputs. As a result, numerous sectors are revolutionized by AI. 

The market for artificial intelligence, according to marketsandmarkets.com, is thought to reach a CAGR of 36.2% from USD 86.9 billion in the year 2022 to USD 407 billion by the year 2027! There are numerous – There are numerous notable instances, such as Uber drivers who use maps to direct them along the best route, self-driving cars being developed by top technology companies, and Alexa listening to your queries and providing answers that are far more intelligent than you would think. However, the most widespread uses of AI include machine learning, cybersecurity, customer relationship management, internet searches, and personal assistants. A few examples of AI software that is now in use are voice assistants, face unlocking for smartphones using image recognition, and ML-based financial fraud detection!

A possible explanation for the rising demand for AI jobs is that artificial intelligence has revolutionized the world economy. Well, AI promises to bring you some of the most amazing and unpredictable innovations of this century. Unquestionably, it is the topic that is now being discussed the most in business. In the market right now, it is the most exciting and in-demand career field.

Artificial Intelligence Careers in Dhaka

Blockchain, artificial intelligence, big data analytics, and the Internet of Things, with a focus on training experts in these domains. The fourth industry supporting digital transformation is Bangladesh’s thriving and rising IT sector. Dhaka has a big pool of talented and competent professionals that can provide top-notch services at competitive pricing. 

Self-driving cars, robotic assistants, and automated disease diagnosis are just a few of the well-known examples of the products of an AI revolution that is currently materializing and is set to revolutionize how you live and work. Given that it works with common data analysis and provides insights for decision-makers, artificial intelligence career chances are much higher. 

Are you curious to find out more about one of the most popular career sectors right now? Here are some of the most sought-after career paths in artificial intelligence;

  • AI Engineer
  • Robotics Scientist
  • Data Scientist
  • Big Data Engineer
  • Robotics Engineer
  • NLP Engineer
  • Big Data Analyst
  • Computer Vision Engineer
  • ML Engineer
  • Research Scientist
  • Software Engineer

It is undeniably true that AI will eventually displace a large number of human workers while also generating a huge number of new job opportunities in related industries. To stay current, everyone should be at least somewhat knowledgeable about AI.  AI is currently among the labor markets technologies with the greatest growth. Engineers who specialize in artificial intelligence are also highly sought after today.

How much does an  AI Engineer earn in Dhaka?

One of our time’s most intriguing and cutting-edge technologies has evolved as a result. AI is the fuel that powers all of these technologies, including robotics, big data, the internet of things, etc. Engineers in artificial intelligence will earn more money as their job options expand quickly. That is beyond question! 

A professional with machine learning and AI skills in Bangladesh can expect to earn an average yearly salary of BDT 300,000 a year! (Payscale). The pay is excellent, period! Therefore, switching to artificial intelligence for a raise in pay is completely justified. It’s not as simple as you may assume, though. There are some things, such as employment history and your current field.

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Necessary Skills to Have in Artificial Intelligence

Because there are so many applications for AI, many people believe it to be the skill of the century. If you want to work in the field of artificial intelligence, you must start by arming yourself with the skills and resources necessary to do the job well. The skill paths of data science and artificial intelligence (AI) in this sector frequently overlap significantly. 

Fundamental knowledge of statistics, computer science, programming, data structures, algorithms, system design, and narrative are the skills that employers are looking for in candidates.  Understanding artificial intelligence and machine learning requires a firm foundation in mathematics and algorithms, as well as familiarity with machine learning techniques and libraries and knowledge of artificial neural networks. 

Do you have any thoughts on how essential soft skills are in a technologically oriented field like artificial intelligence? The solutions to your questions, I can assure you, are straightforward. Soft skills are very highly prized in today’s technologically advanced environment. Many professionals may discover that the key to a successful future in AI is in their capability to appreciate the significance of soft skills like teamwork and communication skills, market knowledge, the ability to solve problems, and management and leadership skills. 

Given that it is becoming more crucial to many companies’ overall business strategy, you should think about getting an Artificial Intelligence Certification in the field, obtaining a professional certification is one of the best methods for you to stand out from the crowd since it will demonstrate to potential employers that you possess the skills and knowledge required to succeed in your position.

DataMites – AI Training in Dhaka

But given the current situation and market competition, showing your artificial intelligence expertise through a well-known AI certification that catapults you up the job-role acceptance ladder is the key.

With a stable emphasis on the field’s core tenets and an emphasis on skills that are in line with consumer expectations, DataMites’ artificial intelligence courses in Dhaka will prepare you for a career in AI. DataMites has been accredited by IABAC for its artificial intelligence training in Dhaka. You are standing in line to register for the top certification program, which also allows you the option to perform an internship in artificial intelligence and study with the top professors in the field.

The DataMites Artificial Intelligence Courses in Dhaka cover each step in detail that is required to become a knowledgeable and accredited AI Practitioner in the city. Those who enrol in these courses will learn more information and gain the necessary practical experience to land a job. We offer different types of artificial intelligence certification.

  1. Artificial Intelligence Engineer
  2. Artificial Intelligence Foundation 
  3. Artificial Intelligence for Managers
  4. Artificial Intelligence Expert
  5. Certified NLP Expert

End Note

It’s time to choose which of the many areas that artificial intelligence and data science have already influenced and to make a wise career transition. Of all the careers accessible today, careers in Data Science and AI appear to be the most promising. With DataMites courses, you will have a competitive advantage over your peers in 2023 and the years to come.

Refer these articles for more details:

About Data Science Team

DataMites Team publishes articles on Data Science, Machine Learning, and Artificial Intelligence periodically. These articles are meant for Data Science aspirants (Beginners) and for those who are experts in the field. It highlights the latest industry trends that will help keep you updated on the job opportunities, salaries and demand statistics for the professionals in the field. You can share your opinion in the comments section. Datamites Institute provides industry-oriented courses on Data Science, Artificial Intelligence and Machine Learning. Some of the courses include Python for data science, Machine learning expert, Artificial Intelligence Expert, Statistics for data science, Artificial Intelligence Engineer, Data Mining, Deep Learning, Tableau Foundation, Time Series Foundation, Model deployment (Flask-API) etc.

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