12 Best Data Science Companies To Work For

12 Best Data Science Companies to Work For

Edited By Soumi Roy | Updated on Feb 01, 2024 12:37 PM IST | #Data Science

Do you know what was called by Harvard the sexiest job in the 21st century? Any guesses? Yes, data scientist. So what is Data Science? It is the science of data preparation, cleaning, and analysis. So, for several scientific methodologies to get hidden patterns from data, data science is that umbrella term.

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12 Best Data Science Companies to Work For

Healthcare, Banking, Financial Services, Insurance, Manufacturing, and Transportation are some of the fields in which data science finds its application. Now, there is a huge trend in the job market for data scientists. You may wonder which company hire data scientists. In this article, we will explore some of the best companies that hire data scientists. With the best data science courses and certifications, you can land in top roles.

As mentioned data science has implications in many industries. Some of the applications of data science are:

Healthcare - Health bots, drug discovery, Conversational virtual assistants, medical image analysis, predictive modelling for diagnosis, and genomic sequences to understand genetic structures.
Transport – Vehicle performance optimization, Making safer driving environments, logistical route mapping, self-driving cars, and surge, pricing models.
Manufacturing - Equipment monitoring, cost reduction, Production optimization, preventive maintenance, production hours optimization, and quality improvement.
Finance - Fraud detection, Customer lifetime value prediction, algorithmic trading, customer relationship management, and stock market assessment.
E-Commerce - Inventory forecasting, fraud detection, sales trend identification, optimizing pricing strategies, customer base identification, prevention, and customer targeting.
Banking - Customer data management, Customer Segmentation, Risk modelling, Fraud Detection, and real-time predictive analytics.

There are several skills required if you want to be a Data Scientist, you need to master them to land top roles in data science companies in India.

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What Makes a Data Science Company Worthy of Working For?

Before joining the data science company ask yourself these questions and find out why a particular company is considered the best to work for:

Is the remuneration of the company high enough to interview for?
Do the company’s projects and/or products attract me?
What are the different benefits like health/life insurance, profit sharing, paid time off (PTO), and retirement benefits?
What is the culture of the company, and what is it like to work for it?
What’s the current market reputation/public perception?
Does the company have collaboration, flexibility, and offer positive feedback?

Salary Estimates - Companies That Hire Data Scientists

The average annual salary estimates for Scientists range from USD 100,000- USD 125,000, according to a leading recruitment platform.

Which companies hire Data Scientists in India for high salaries? Data may be a big weapon in today’s times. If we closely observe, then we require data science and analytics in almost every field of the world ranging from finance to healthcare. As a data scientist, one needs to analyse, interpret, and predict outputs based on perceived data from the consumers based on their usage.

Everyone might think the best sectors for data scientists to work in would be IT and Marketing, but data science has its unique place in the company of every sort. Some of the biggest recruiting giants for anyone working with data are Accenture, Amazon, Google, Facebook, Apple, Microsoft and the like.

It is a competitive world and to be recruited by the best of top companies recruiting data scientists in India there are a lot of top companies recruiting data scientists in India, a new bee, or even a working professional in the field the world of data science needs better and advanced skill sets to land in the top companies recruiting data scientists in India.

So, after pursuing a PG programme in data science or an M.Tech in data science or big data a lot of people go for online data science courses with certification.

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Top Companies That Hire Data Scientists

Here we have listed some of the top data science companies:

1. Airtel X Labs:

So let's ask the important question: which companies hire Data Scientists in India? Everything has gone online during the pandemic. Hence, the company’s main aim is to work towards refining the experience of each customer by analyzing and assessing tons of data.

With millions of people using My Airtel App and millions of people getting their phones recharged every second, there is a huge role of people who have done data science certificate courses in building an algorithm for analysing each request and giving options based on the previous choices. It has certain products like Xtreme and Wink where customer engagement has seen a surge during the times of the pandemic.

The company sees its future in information technology and security networking. Hence, data scientists are required to process and analyse the data of over a trillion customers even during the lockdown. Any person with a degree in data analytics and data science or a holder of data science certification courses is perfect in the eyes of the top companies hiring Data Scientists in India.

2. JP Morgan

If anyone is interested in seeing how data science is applicable in the finance sector, then this is one of the top data science companies. It is a very respectable company in the world and is famous for providing solutions that are data-driven to various finance-based firms for better customer experience and some critical issues like structuring optimization tools for transaction control.

The average salary is five to seven lakh rupees per annum. A person who knows data science, data models, and data operations, can understand optimizing tools, and has done data science certificate courses has a good chance at this company.

3. Oracle

One of the best Data Scientist recruiters in the world, Oracle provides jobs after data science programmes at different levels. Hence, can be a boon for people starting their careers in data science. It has a web of 286 offices across 72 countries around the world.

For anyone who is wondering the question - "which are the top companies for data science in India?", then take note of this company. Oracle has an excellent cloud data-based platform that works by assisting various top companies recruiting data scientists in India and brands to understand their audience and customer response and make better business decisions.

The average salary is estimated to be sixteen to twenty-seven lakh per annum. Strong command over data science and data visualization with knowledge of Python, Java, and online data science courses is recommended.

4. Amazon

It is one of the top data science companies for millennials to work. It is an e-commerce giant that has more than 218 offices in 35 countries It provides plenty of opportunities for big data-driven projects.

The average salary ranges from five lakhs to thirty lakhs per annum. Along with great analytical skills, command over languages such as Java, and big data intelligence tools like Cognos and Hadoop with good soft skills act as an advantage and a data science diploma course.

5. Fractal Analytics

It is one of the top best companies in India for data science freshers. It has some major noteworthy projects in diverse fields like healthcare, business analytics, strategy, and decision-making. The average salary here after a data science graduate programme ranges from eight lakhs to eighteen lakhs Indian rupees. A person with an added skill of forecasting in data science and a data science diploma course has an edge over others in this company.

6. Crayon Data

This is one of the best companies for data scientists in India in the South. It has a strong client-based network in seven countries across the globe. This company with its two major projects Maya, analyses numerous customer profiles to target and mark the major risk areas.

Yoda is a sales assistant who recognises the major possibilities and provides a personalised sales experience; providing a unique solution for every customer. The average salary ranges from ten lakhs to thirteen lakhs per annum. Any person aiming for a job here should be good with knowledge of big data, and data science and should have a data science diploma course.

7. Paytm

This company is hiring people with data science certification to design better prospects for transactions, payments, and e-commerce through data-driven solutions for enhancing customers’ experience. The average salary is eight lakhs to ten lakhs Indian rupees per annum. A person with a master's in data science and big data can be considered.

8. PayPal

It is the leading platform for transactions and efficient payments between businesses across the world. It’s hiring data scientists to come up with an innovative approach and data-driven solutions for new emerging business problems. The average salary is ten lakhs to fifteen lakhs Indian rupees per annum.

A person with a master's in data science and big data can be considered. For those with the question "Which companies hire Data Scientists in India?" when you want a company that has the literal suffix 'Mafia' in it! This is a company that has seen the birth of entrepreneurial giants!

9. Mercedes Benz Research and Development

The leading automobile company usually hires data scientists to Select features, and build and optimise classifiers using machine learning and Deep Learning techniques. The average salary of a data scientist can be six lakhs 98 thousand per year.

10. BG Consultants

This is another one of the best data scientist hiring companies in India. They are hiring people with data science certification for market scope, which is a leading placement and HR consulting firm to provide data-driven solutions to enhance a deep learning experience. The average salary is Rs. 8-10 lakhs per annum. A person with a master's in data science and big data can be considered.

11. IBM

It is an American cloud platform which is a technology and consulting firm with a vast employee network across 170 countries in the world. It provides data-derived solutions to various business digital problems ranging from weather to healthcare. It is among the largest recruiters in India for people data science certification and data analysis certification. This is one of the largest companies that hire Data Scientists.

12. PwC

PwC is one of the best companies for data scientists in India's international network of professional services firms. This company is known to utilise data so that risk premiums, find out the total size of the market evaluate the size of a given market. It also offers flexible, comprehensive, and competitive salaries.

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Conclusion

Data science is a very bright spot for people dealing with information and also who want to learn data science. In 2018 according to the Data Security Confidence Index from Gemalto, it is stated that 65% of the polling businesses could neither analyse data nor categorise all the data that they had sorted. Also, 89% of them believed that they could have a competitive edge if they were able to analyse information wisely.

According to another survey data science, analytics-based jobs increased by 86% from 2013 to 2018. Research shows that since 2011, 94% of people after data science graduate programmes have been employed in the field. Data since jobs are increasing over time and hope this article will help get an idea of the best data science recruitment companies.

Frequently Asked Questions (FAQs)

1. Are there enough data science Jobs in India?

Let's look at some data and see the reasons for companies that hire Data Scientists. 21 per cent of analytics job openings are now for freshers, compared to 17 per cent last year. Analytics and data-based decision-making has given rise to a 45 per cent increase in jobs over the last year.

2. What are the prerequisites demanded by companies that hire data scientists?

The prerequisites demanded by companies that hire data scientists are a data-oriented mindset, Mathematics, tools and technology, application of algorithms and knowledge of core areas.

3. What companies are offering a data science internship?

Some top data science recruiters are Airbnb, Cloudera, Coursera, Facebook, Intuit, Redfin, Ola, Flipkart and Amazon.

4. What are the best-paid job roles offered by companies that hire Data Scientists?

Some of the best-paid job roles offered by companies that hire Data Scientists are data architect, business intelligence developer, data scientist, data engineer and remote data scientist.

5. Which industry is best for a data scientist to work?

Some of the top industries that data scientists should consider working in are healthcare, retail, cybersecurity, automotive, digital marketing, telecommunications, and more.