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Is Data Science and Artificial Intelligence in Demand in Bangladesh?

Bangladesh is constructing several high-tech parks in order to attract foreign direct investment in the hardware and software manufacturing industries. In recent years, there has been a lot of interest in Bangladesh from IT-ITeS companies. Bangladesh’s IT industry is expected to grow fivefold to US$4.6-4.8 billion by 2025.

Bangladesh’s information technology industry got its start in nuclear research in the 1960s. Over the next few decades, large Bangladeshi organisations began to employ computers more frequently, mostly IBM mainframe systems. However, it wasn’t until the 1990s that the industry received widespread attention. The industry is still in its early stages, but it is showing signs of progress. Bangladesh has a long history of economic growth and poverty alleviation.

Due to a demographic dividend, substantial ready-made garment (RMG) exports, and stable macroeconomic conditions, it has been one of the world’s fastest-growing economies over the previous decade. Exports and consumption would continue to rise, boosting growth rates to 6.4 percent in fiscal year 2021-22.

Data science has flourished since artificial intelligence tools became more available to businesses. Because of the vast volumes of data produced every day for the global web, AI allows organisations to scale with unprecedented levels of insight. Experts predict that by 2025, 163 zettabytes of data will have been generated, a stunning quantity fueled by the rapid development of connected devices and enhanced networks. Data science in Bangladesh is bringing up new opportunities in terms of streamlining corporate procedures.

What is data science?

The discipline of extracting value from data is known as data science. Data scientists help businesses evaluate and manage large, complex quantities of data so that they may be turned into valuable insights that can be used to solve critical business problems. They usually have a background in computer science and modelling.

For more info – What is Data Science?

What are some of the most popular data science careers?

Manufacturing, retail, and finance are all industries where data scientists can have a positive impact. The reasons for this are obvious: we can design better practices for just about anything using the insights offered by big data analysis. Data science is one of the most enticing careers since it increasingly entails assisting people and saving money. Investigate how these experts might help you with your commercial endeavours, or consider becoming one yourself to make a meaningful difference in the global economy.

Data scientist, data analyst, data engineer, machine learning engineer, research scientist, business intelligence developer, data architect, statistician, and big data engineer are some of the most common data science job roles.

What is the data scientist’s salary in Bangladesh?

Yes, data science is an exciting career path with plenty of possibilities for advancement in the future. Because demand is high, pay is competitive, and benefits are numerous, LinkedIn has dubbed Data Scientist “the most promising career”.

The data from payscale.com states the average annual data scientist salary in Bangladesh to be 140,000 BDT. According to glassdoor.com, data scientists’ salary in Bangladesh is 65,000 BDT per month. As per salaeryexplorer.com, the average annual salary for a data scientist in Bangladesh is 506,000 BDT. The salary for data science in Dhaka is no less. Per, glassdoor.com a data scientist in Dhaka receives an average salary of 65,000 BDT a month, with 1,29,000 BDT being the highest-paid and 30,499 BDT being the lowest per month.

Wish to embark on your career in data science?

Perhaps most crucially, you’ll need to impress potential employers by displaying your knowledge and experience. One way to obtain such abilities and knowledge is to enrol in an advanced degree programme in your topic of interest.

DataMites is the foremost Data Science Training in Bangladesh. We offer specialised data science courses for people of all levels, from complete novices to working professionals and managers. Certified Data Scientist course for fresher’s & working professionals. Data Science for Managers Course can be taken by managers at all levels of an organisation to strengthen their managerial abilities and integrate data science into their operations.

Read the article to know What are the Fees of Data Science Certification Courses in 2022?

Data Science and Artificial Intelligence (AI) have become increasingly significant in our lives and in society as a whole as a result of the digital revolution. Furthermore, the rapidly evolving technologies for processing large-scale data and machine learning are opening up a plethora of possibilities for automated decision-making. Skilled data scientists and artificial intelligence engineers are in high demand all over the world. You’ll have a wide range of job options if you have a strong foundation in machine learning.

Artificial intelligence uses computer techniques to give the data model autonomy and to mimic human cognition and understanding.

What are the popular career paths in Artificial Intelligence?

However, despite how appealing the job description may appear, employers are having difficulty filling job positions, according to the survey. It appears that the AI talent pool is insufficient to fulfill business demand, as 69 percent of companies said they had difficulty filling at least one post in the previous two years.

The most in-demand AI job roles include big data engineer, AI engineer, business intelligence developer, ML engineer, data scientist, research scientist, and robotics scientist.

How much is the AI salary in Bangladesh?

Yes, Artificial Intelligence in Bangladesh is among the most in-demand and fastest-growing in the industry. Dhaka the capital city of Bangladesh, also the largest is showcasing exponential growth in the AI market.

A person working in IT receives an average annual salary package of BDT 314,000 per year in Bangladesh – salaryexplorer.com. As per payscale.com, a person with machine learning skills in Bangladesh receives an average salary of BDT 264,000 per annum. An ML Engineer’s salary in Bangladesh is BDT 45,000 monthly.

Refer these articles –

How to Become an AI Engineer in 2022?

Artificial Intelligence Certification Course Fee in 2022.

Are you up for an AI career?

By 2030, the Bureau of Labor Statistics expects a 31.4 percent increase in positions for data scientists and mathematical science experts, both of which are crucial to AI.

Taking DataMites’ Artificial Intelligence Certification Training is unquestionably the finest decision you can make. DataMites is a worldwide training centre for data science and artificial intelligence. Only after being trained by specialists with decades of expertise in the field can you have a thorough understanding of AI. DataMites provides artificial intelligence engineer, artificial intelligence expert and artificial intelligence for managers courses, are aimed at professionals who want to advance their careers in machine learning and artificial intelligence.

Artificial intelligence (AI) and data science (data science) are two skill-based job paths that commonly intersect. Despite their disparate employment roles and responsibilities, AI and data science are inextricably linked. Both technologies have the potential to help a firm grow. DataMites data science, machine learning and artificial intelligence courses accredited from IABAC.

Watch the video – Artificial Intelligence Course Introduction.

You can refer below articles

Is Data Science and Artificial Intelligence in Demand in Pakistan?

What is the salary of a Data Scientist in the Asia Pacific Region?

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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