

Raining Quantum Investments, But Talent Still an Issue
Quantum computing is emerging from the shell of research and development to the forefront of mainstream technology
Quantum computing is emerging from the shell of research and development to the forefront of mainstream technology
Cloud services are being considered as a digital transformation engine that ensures optimal working capacity and business continuity. Enterprises across sectors, sizes and regions earnestly deliberating on adopting cloud or redesigning.
The market size of Data Engineering in India is expected to grow at CAGR of 33.8% in the next five years from $25.3 bn in 2023 to $108.7 bn in 2028.
A significantly high percentage of partnerships with companies like AWS, Microsoft, and Google shows their wide-ranging technology facilities, like cloud storage, database, reporting and visualization, data and analytics, computing, etc.
With the ongoing debate around work-life balance and productivity, the majority of tech companies across different regions are shifting towards a hybrid work model that supports and enables employees to be productive anywhere.
Women employees account for 29% of India’s total pool of tech employees.
The study finds out that building data pipeline architecture is a priority for all entities. While 37% of surveyees are building the architecture in-house, the rest are outsourcing it to third parties in varying extents.
Keeping in line with the overall recessionary trend, the median salary of data and analytics professionals has decreased in 2023 compared to 2022.
This report attempts to understand how data science teams across several organisations are structured depending on the size, age and headquarters of the organisations.
Indian AI startups raised a funding of $ 1.11 Billion across 47 funding rounds—this is a marginal increase of 0.1% compared to the previous year.
On average companies make 35 hours a quarter of training mandatory for their data science employees to upskill.
In retrospect, we see that the year was marked by the rising popularity of several text-to-image generators, widening use cases of Metaverse, tech sector layoffs and much more.
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