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Data Science and Artificial Intelligence Demand in Kathmandu

ICT is one of the sectors in Nepal that is growing the fastest and as the capital city, Kathmandu has been experiencing the biggest development in the past years. Businesses in Kathmandu are leveraging IT from simple grocery stores to the telecommunications industry.

AI and data science are the current business sector trends that are currently highly rewarded in Kathmandu. The volume of data being produced at this time makes us believe that businesses and institutions in the city will continue to seek highly qualified specialists in these domains. It’s interesting to note that both data science and artificial intelligence are skill-based professions that demand ongoing skill improvement. 

Let’s begin by getting to know what data science is.

Introduction to Data Science and its Significance

Data science refers to the complete process of obtaining valuable information from unstructured data by utilising concepts such as statistical analysis, data analysis, machine learning techniques, data modelling, data preparation, etc. This domain is a synthesis of mathematics, statistics, machine learning, and computer science. Data scientists gather, analyze, and evaluate data to get insights into it that can help decision-makers make wise decisions. 

A fourth industrial revolution is thought to have been sparked by data science, which is now central to commercial decision-making. Every day, companies of all sizes benefit from the benefits of data science as they come to realize the immense importance of data processing and analysis for business growth. The more data a corporation possesses, the more insightful business decisions it can make. It’s also important to note that data science did not always exist as it does today, but see where it has evolved now!

There without the competence of professionals who can convert cutting-edge technology into usable insights, big data is useless. As more businesses today discover the power of big data, the value of a data scientist who can extract pertinent insights from gigabytes of data is increasing. According to MarketWatch, the market size for data science platforms was estimated at USD 53660.06 million in 2022 and is projected to grow at a CAGR of 16.3% from 2022 to 2028, totalling USD 132746.18 million. Clearly a great growth potential, no questions asked!

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Data Science Jobs Opportunities in Kathmandu

With the need for IT services and products increasing, there is a driving rapid growth of the IT industry in Kathmandu. The city of course has a big pool of talented and competent professionals that can provide top-notch services at competitive pricing. Data science is one such domain where many businesses in Kathmandu are seeking capable professionals.

It should come as no surprise that positions for data science experts in the future will herald these individuals as heroes as they are the ones who can derive meaning from seemingly innocuous data, regardless of how structured and organized or how unstructured and disordered it may be. There are a startling amount of employment openings in the still-emerging profession of data science. 

Although the position of data scientist has been at the top of the list of positions for a number of years running, the growing emphasis on AI and Machine Learning has given rise to a few positions whose demands are just as high as that of data scientists.

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

According to LinkedIn‘s Emerging Jobs Report, data science has the fastest rate of growth worldwide. By 2026, the market is expected to increase from $37.9 billion to $230.80 billion! And data science professionals do earn a wholesome amount of money in Kathmandu, which we will discuss in the coming section.

What is the salary package for a Data Scientist in Kathmandu?

Data science is present in every part of our daily life, including internet purchases, social media feeds, music consumption, and even online movie suggestions. Since there will be a growing need for people with these talents, those who are presently employed in data science positions will undoubtedly earn more money in the future. Unfortunately, a lot of people apply for data science jobs because of the glamour factor and/or financial incentives, and in most cases, they lack the necessary abilities to succeed in the industry.

  • According to glassdoor.com, the average salary for a data scientist in Kathmandu is NPR 1,55,000 per month.
  • As Per Salaryexplorer.com reports, a data scientist in Kathmandu earns an average salary of NPR 506,000 on a yearly basis.
  • Complying with worldsalaries.com, a data science specialist in Kathmandu earns an average salary of NPR 1,369,700 a year and NPR 114,141 a month.

Considering industries and tools, data science positions are quite lucrative. Fortunately, there is a strong demand for jobs in data science right now, making it possible to better grasp the significance of various data science roles by examining all job openings, their job descriptions, and the skills necessary for each one.

Unquestionably, having a degree in the pertinent topic will provide you with the fundamental capabilities you need, but earning a data science certification in Kathmandu will allow you to hone specialized skills that are difficult to find in this industry. 

Essential Data Science Skills to Have

If you’re interested in a career in data science or even simply dabbling a bit, the required technical and non-technical skills are explained in the following section. For data science skills in Kathmandu, competency in mathematics, statistics, computer science, or engineering, statistical analysis, data mining and processing, and programming ability are ideal.

Hard skills, however, only cover a small percentage of what data science professionals do, and the talents they need go much beyond what is required. Soft skills are also critical if data scientists hope to fully utilize their great technical capabilities and help corporate executives make sense of data. Strong business acumen, outstanding communication skills, strong teamwork, adaptability, critical thinking, and a good sense of humor are all desirable traits.

With the right skills and expertise, getting a job in data science is not a hefty task. Today, companies all around the world are searching for capable professionals in the domain who can leverage data for its best use.  

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DataMites – Data Science Courses in Kathmandu

There is fierce competition for the best data scientists due to the exponential rise in demand. A data science certificate is a fantastic place to start if you want to stand out from the crowd because it shows potential employers that you have the expertise to tackle data challenges.

DataMites is a global training organization that offers data science courses in Kathmandu. These courses will introduce you to both fundamental and advanced data analytics and data science methodologies using both a theoretical and practical approach.

Our data science program in Kathmandu, which is especially business-focused, closely complies with the norms established by the widely respected IABAC. The resource personnel at DataMites is skilled and up to date on demand and market trends. Online data science training in Kathmandu is a practical approach to learning and comprehending data science without having to leave your home, without being confined by time, and using online tools to speed up your learning.

More than 25,000 professionals have successfully completed our data science training program worldwide, which in itself speaks volumes about the extensiveness and calibre of our curriculum.

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

Data is by far the most crucial link in the chain connecting data science and artificial intelligence. Without data, neither of the two fields would be possible, and the technologies they contain wouldn’t be so widely used across a variety of businesses. In many instances, data scientists and AI experts collaborate to develop new technologies, enhance existing ones, and discover better methods to manage data. Let’s get to know the domain of AI on a closer level.

Introduction to Artificial Intelligence and its Significance

Our daily lives are already being impacted by AI systems, and there is no telling how it will change how we live in the future, but do we know what exactly it stands for? A group of sophisticated computer algorithms that replicate human intelligence is known as artificial intelligence. Artificial intelligence programmed computers are able to “learn” as they operate, getting better at solving particular sorts of issues as they accumulate more data. Deep learning and Natural Language Processing are two techniques that AI researchers use to aid robots in identifying patterns and inferences.

Artificial intelligence strives to make it possible for machines to carry out reasoning by mimicking human intelligence. The right information must be provided, and self-correction is essential, as the primary goal of AI processes is to teach machines from experience. Over time, AI-driven technologies will probably continue to boost productivity and efficiency while extending into other industries. 

AI is absolutely essential to business, including product optimization, inventory management, and logistics. AI software is already being used in a variety of applications, including voice assistants, face unlocking for smartphones, and ML-based financial fraud detection. According to grandviewresearch.com, the size of the world market for artificial intelligence, estimated at USD 136.55 billion in 2022, is expected to increase at a compound annual growth rate of 37.3% from 2023 to 2030.

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AI Job Opportunities in Kathmandu

It is the region of Nepal with the biggest development and population with a distinctive, rich culture and architecture. The valley serves as Nepal’s economic centre because it is home to the bulk of offices and corporate headquarters. Kathmandu is not an exception in the global environment, where IT is primarily used in numerous technologies.

Artificial intelligence is expected to be the next big thing in the IT sector. Organizations need in-depth knowledge of these developing technologies as well as practical expertise, given the rise in demand for AI and machine learning in the market. The current rapid improvement in technology has created numerous avenues for AI career opportunities in Kathmandu

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

You will have more options for AI career opportunities if you educate yourself on AI and its associated fields, such as machine learning and deep learning. Right now, it offers the best prospects for an AI career in Kathmandu.

What is the salary package for an AI Engineer in Kathmandu?

Artificial intelligence, or AI, is unquestionably the most well-liked and sought-after technology in existence today. Big data is strong, and the businesses who are willing to pay these high wages are eager to use it to make better business decisions. In this growing industry, even entry-level income is starting to look tempting. As career opportunities for AI professionals substantially expand, their pay will surge in Kathmandu.

  • An ML and AI specialist in Nepal earns an average salary of NPR 1,120,000 a year and NPR 93,300 a month as per salaryexplorer.com
  • A software engineer’s salary in Kathmandu is NPR 1,612,345 a year. (Levels.fyi)

The world has undoubtedly changed for the better as a result of AI’s rising popularity. It’s never too late to start your journey toward these jobs because data from a variety of sources shows that they will probably remain empty for a number of years to come. 

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Essential Artificial Intelligence Skills to Have

Without a doubt, AI is progressing swiftly and gaining complexity daily. Since the capabilities of AI are advancing quickly, companies from various industries are seeking ways to incorporate it into their daily operations. People with relevant AI skills will be in high demand as businesses try to remain on top of trends.

A solid foundation in mathematics and algorithms, familiarity with machine learning techniques and libraries, and an understanding of artificial neural networks are all prerequisites for mastering artificial intelligence and machine learning. R, Python, Java, C++, and other programming languages are some of them.

Beyond that, many professionals’ ability to identify the relevance of soft skills such having interpersonal and communication abilities, market knowledge, the capacity for problem-solving, and management and leadership skills may hold the key to their future jobs in AI. Without these abilities, it will probably be hard to advance in not just AI but any IT industry.

Although the term “upskilling” has been around for a long, its use has just recently become more widespread. The act of developing new skills or improving existing ones is known as upskilling. New technologies and trends are always emerging, and our world is no exception. If we want to remain competitive, we must constantly learn and adjust.

DataMites – AI Training in Kathmandu

You can embark on your potential career in artificial intelligence by learning about and comprehending the field. By enrolling in Artificial intelligence courses in Kathmandu and obtaining relevant certifications, users may fully immerse themselves in the technology. 

Your DataMites artificial intelligence courses in Kathmandu lays a solid basis in the concepts of the field, emphasize skills that are relevant to industry demands, and prepare you for a career in AI. DataMites has acquired accreditation from the IABAC for its artificial intelligence courses in Kathmandu. The top certification program, which also gives you the chance to do an internship and receive education from the best industry teachers, has a queue of applicants ready to enroll.

The comprehensive DataMites Artificial Intelligence Training in Kathmandu covers every step of being a knowledgeable and guaranteed AI Professional in the city. The courses cover more ground on the subject and will provide applicants with enough hands-on training to be employable.

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

Artificial Intelligence Certifications in Kathmandu will help you succeed in a world powered by artificial intelligence and establish yourself as a subject matter expert in the field of AI technology in the eyes of potential employers.

The Takeaway

The geography and environment of Kathmandu have contributed significantly to the growth of a long-lasting and robust economy. We already know that there is a huge demand for data science and artificial intelligence in the city. A growing number of people choose to enter these exciting domains due to their allure and the promise of higher salary packages. No matter why you decide to enter the field, having a strong, solid portfolio that can help you land the job you want will probably be your priority. And DataMites is here to help you with just that. 

Refer these articles for more details:

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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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