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Is Data Science and Artificial Intelligence in Demand in Singapore?

Singapore is one of the world’s wealthiest countries, with a low unemployment rate and a business-friendly regulatory climate. In 2017, the Heritage Foundation’s Index of Economic Freedom classified Singapore as the world’s second most open economy, and the World Bank’s Doing Business Report ranked Singapore as the world’s second most pro-business government.

According to a KPMG study of industry insiders conducted last year, Singapore has risen to the top of the list as a prospective world-leading technology centre. Singapore was praised for its excellent IT infrastructure, robust government backing and intellectual property regulations, as well as its large talent pool, according to the poll. Singapore is fast becoming the new home for multinational corporations (MNCs), small and medium enterprises (SMEs), startups, and technology-driven businesses.

We are in the midst of a data flood. In the last ten years, a great deal of data has been generated. Companies have been able to develop systems to mine data, analyse data, and derive insights and value from it as a result of this. As a result, employees with the necessary abilities are in high demand as the demand for data storage, processing, and security develops.

What forms the basis of data science?

Data science is the process of cleansing, accumulating, and altering data for the purpose of doing advanced data analysis. The data can then be analysed by analytic software and data scientists to find patterns and help business leaders make better decisions. Data science is a broad field of study that concentrates on data systems and processes with the objective of preserving and deriving sense from large amounts of data.

What are the courses of action in the data science domain?

If you want to get into the field of data science in Singapore, there are a few things you can do to prepare yourself for these demanding yet intriguing professions. According to LinkedIn, there are over 10,000 data science job opportunities in Singapore as of March 2022!

Some of the most frequent data science job roles include data scientist, data analyst, data engineer, machine learning engineer, research scientist, business intelligence developer, data architect, statistician, and big data engineer.

Refer the article to know How to Start a Career as a Data Scientist in 2022?

What is the data scientist’s salary in Singapore?

Data scientists are now one of the top five in-demand employment roles in Singapore, according to the Robert Half Salary Guide. Companies are under increasing pressure to pay an attractive Data Scientist salary in Singapore to recruit in-demand talent as a result of these market conditions.

The data from payscale.com states the average annual data scientist salary in Singapore to be S$70,576. Indeed.com discloses the average salary for a data scientist in Singapore to be S$7,413 per month. Salaryexpert.com framed the annual salary for a data scientist in Singapore to be S$110,235. The average income for a data scientist with 1-3 years of experience is S$77,788. A senior-level data scientist (8+ years of experience) on the other hand, makes an average of S$137,339.

Do you wish to seek a career in data science?

DataMites is the foremost Data Science Training Institute in Singapore. We offer specialised data science courses for people of all levels, from complete novices to working professionals and managers. 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.

Also Read –

Data Scientist Career Path – Freshers, Working Professionals, Managers.

What are the Fees of Data Science Certification Courses in 2022?

Humans and machines have actively collaborated to make the most of data science. Data science is popular and in high demand, and it incorporates artificial intelligence into practically every step along the route.

Watch the video to know What is Data Science?

What is Artificial Intelligence?

Despite its lack of general familiarity, artificial intelligence (AI) is a technology that is revolutionising every aspect of life. It’s a versatile tool that allows people to rethink how they integrate data, analyse it, and apply the ensuing insights to make better decisions. Artificial intelligence (AI) allows computers to perceive their surroundings and make judgments based on what they see. AI can enable computers to change their “knowledge” based on fresh input by incorporating a machine learning component.

What are the popular career paths in Artificial Intelligence?

Because artificial intelligence is becoming a more widely used and expanding form of technology, Artificial Intelligence in Singapore is in greater demand than ever. According to a new IDC estimate, global artificial intelligence spending is expected to climb 19.6% year over year to $432.8 billion in 2022, on its approach to surpassing $500 billion by 2023.

The most sought-after 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 Singapore?

AI jobs appear to be in high demand in a world that seems to be becoming more intelligent by the minute. According to Enterprisers Project, AI will provide 133 million new employment by 2022.

As per payscale.com, a person with skills in AI receives an average salary of S$85,000 per annum. As per Glassdoor.com AI, Engineer’s salary in Singapore is $4,900 monthly. Salaryexpert.com, reveals the average annual salary for an AI Engineer in Singapore to be $113,059. The average salary for an entry-level artificial intelligence engineer (1-3 years of experience) is $79,550. A senior-level artificial intelligence engineer (8+ years of experience), on the other hand, receives an average income of $140,973.

Refer the article – Artificial Intelligence Certification Course Fee in 2022.

Are you up for an AI career?

Anyone hoping to make it big in the tech sector will find that AI skills are a huge help. 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. The DataMites AI Engineer Certification Training is aimed at professionals who want to advance their careers in data science and artificial intelligence.

Read the article to know How to Become an AI Engineer in 2022?

Conclusion
According to Harvard Business Review, data science jobs are among the “sexiest jobs of the twentieth century.” Artificial intelligence is expected to have a long-term impact on almost every business. Artificial intelligence is already present in our smart devices, autos, healthcare system, and favourite apps, and it will continue to pervade many additional industries in the foreseeable future. Isn’t this evidence of the demand for data science and AI?

Check the below video – Artificial Intelligence Course Introduction.

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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