Data Science

Top 10 Companies Paying Above US$100k for Data Scientists in 2022

S Akash

Data science being the most lucrative career, the hype for highest paying companies for data scientists remains at the top

Machine learning and data science are some of the most in-demand fields attracting thousands of data science professionals. Data science has become one of the most lucrative careers in 2021 and will be in 2022. This field of technology is being implemented in almost every aspect of business operations and industrial uses. The roots of data science trace back to the areas of physics and astronomy where large data sets were used to collect and scientifically analyse data. Currently, data science has made its mark in the global tech market as an integral part of digitization. This growing dependence on data science has also led to a rise in demand for data scientists. This field of technology is being implemented in almost every aspect of business operations and industrial uses. This article lists the top 10 companies paying above US$100 for data scientists in 2022.

Average Salary (Per annum): US$197,800

Airbnb takes a unique approach towards lodging by providing a shared economy. The platform offers someone's home as a place to stay instead of a hotel. Airbnb began in 2008 when two designers who had space to share hosted three travelers looking for a place to stay. Today, millions of hosts and travelers choose to create an Airbnb account so they can list their space for rentals. The company is using data science to build new product offerings, improve its services, and capitalize on new marketing initiatives.

Average Salary (Per annum): US$132,308

Cloudera is a software development company that provides enterprise data cloud which is accessible via a subscription fee. The Cloudera platform is built on open-source technology and uses data analytics and machine learning to yield insights from data. It works across hybrid, multi-cloud, and on-premises architecture. Cloudera was founded in 2008 with its headquarters in Santa Clara, California. Powered by the open-source community, Cloudera is one of the fastest-growing cloud companies out there accelerating digital transformation for the world's largest enterprises.

Average Salary (Per annum: US$145,172

Dropbox is a cloud storage service company that lets users save files online and sync them to their devices. Dropbox is one of the oldest and most popular cloud storage services that has strongly outperformed Microsoft's OneDrive and Google Drive. Founded in 2007, the company offers a browser service, toolbars, and apps to upload, share, and sync files to the cloud that can be accessed across several devices.

Average Salary (Per Annum): US$129,833

Genentech is a biotechnology company that discovers, develops, manufactures, and commercializes medicines to treat patients. The company offers medicine for the prevention of oncology, immunology, metabolism, monoclonal antibodies, small molecules, tissue repair, and virology, as well as conducts scientific research to produce biologic medicines. The company uses its data science capabilities to enhance its performance in the market by unraveling effective medicines.

Average Salary (Per annum): US$134,179

IBM is an American multinational technology corporation with its headquarters in Armonk, New York. With its presence in and operations in over 171 countries, it is one of the world's largest employers in the world. IBM is known for its innovations and holds the record for most US patents generated by a business for 28 consecutive years. Some of their notable inventions include the floppy disk, hard drive, relational database, SQL programming language, automated teller machine (ATM), the UPC barcode, and lots more.

Average Salary (Per annum): US$197,500

Nvidia is an artificial intelligence computing company that operates through two segments namely graphics and compute and networking. Nvidia is known as a market leader in the design of graphics processing units, or GPUs, for the gaming market, as well as systems on chips, or SOCs, for the mobile computing and automotive markets. Nvidia works on the motive that accelerated data science can dramatically boost the performance of end-to-end analytics workflows, spending up value generation while reducing cost.

Average Salary (Per annum): US$147,479

Numerator is a data and tech company headquartered in Chicago, Illinois. The company is known for its innovative market research techniques which blend proprietary data with advanced technology to create unique insights. The majority of the Fortune 100 companies in the world are clients of Numerator.

Average Salary (Per annum): US$124,333

Oracle is one of the largest vendors in the enterprise IT market and the shorthand name of its flagship product, a relational database management system that's formally called Oracle Database. In 1979, Oracle became the first company to commercialize an RDBMS platform. The enterprise software company offers a range of cloud-based applications and platforms as well as hardware and services to help companies improve their processes. Oracle recently announced the availability of its cloud data science platform, a native service on Oracle Cloud Infrastructure (OCI).

Average Salary (Per annum): US$165,773

Splunk is the world's first data-to-everything platform that produces software for searching, monitoring and analyzing machine-generated data through a web-style interface. Splunk was founded in 2003 and has its headquarters in San Francisco, California, and has 23 offices worldwide. Splunk has been recognized as a Leader in the 2021 Gartner Magic Quadrant for Security Information and Event Management (SIEM) for over 8 years now.

Average Salary (Per annum): US$137,668

Walmart is one of the biggest retailers in the world started by Sam Walton. The company sells groceries and general merchandise, operating some 5,400 stores in the US, including about 4,800 Walmart stores and 600 Sam's Club membership-only warehouses. Through continuous innovation and the implication of technology, the company has created a seamless experience to let its customers shop anytime and anywhere online and offline. Walmart has a broad big data ecosystem that attracts more data scientists into the entity.

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