Today, data science is gaining rapid attention as companies are relentlessly gleaning voluminous data from websites, mobile devices, social media platforms and others, which is leading to big data trends. To process and derive meaningful insights from that data, businesses seek data analytics skills. This is where data scientists play a significant role, identifying germane data, extracting actionable information and giving the ability to organizations to stay ahead of innovation. Many facets of data science are transforming continuously and is expected to change even more intensely in years to come.

A data scientist is an analytics expert responsible for collecting, cleansing and transforming data into invaluable insights. Often, data scientists began their careers as statisticians or data analysts. But with the evolution of big data, the roles of data scientists also evolved. The skills of data science range from programming, statistics, machine learning and data visualization to software engineering, data intuition and business acumen, among others.

With the growing landscape of data, companies these days are actively looking for data science experts in order to garner the massive value of data and drive efficiency. In India, the demand of data scientists is growing at a striking pace as a large number of overseas companies are looking at the country as their business growth opportunity.

According to salary estimates from Glassdoor, the national average salary of a Data Scientist is INR 10,25,512 in India.

Here are the top 10 companies and their salaries looking to acquire data scientists in June 2020.

Ericsson-Worldwide

Ericsson is one of the leading providers of Information and Communication Technology to service providers, with about 40 percent of the world's mobile traffic carried through its networks. The average salary of a Data Scientist at Ericsson-Worldwide is INR 14,45,000 and can range from INR 3,63,502 – INR 32,72,550.

Average Salary (per year): INR 14,45,000

Salary Range: INR 3,63,502 – INR 32,72,550

Innoplexus

Innoplexu is an AI and blockchain-powered data analytics solutions provider that helps the life science industry to move to continuous decision-making by generating broader, deeper and faster insights. The average salary of a Data Scientist at Innoplexus is INR 11,37,809 and can range from INR 6,58,610 – INR 17,35,908.

Average Salary (per year): INR 11,37,809

Salary Range: INR 6,58,610 – INR 17,35,908

DXC Technology

DXC is the leading independent, end-to-end IT services company that helps clients harness the power of innovation to thrive on change. The company's technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. The average salary of a Data Scientist at DXC Technology is INR 11,36,968 and can range from INR 10,40,778 – INR 12,91,838.

Average Salary (per year): INR 11,36,968

Salary Range: INR 10,40,778 – INR 12,91,838

Quantiphi

Quantiphi, an award-winning applied AI and big data software and services company, which helps organizations translate the big promise of Big Data and Machine Learning technologies into quantifiable business impact. The average salary of a Data Scientist at Quantiphi is INR 10,51,696 and can range from INR 7,38,845 – INR 14,62,662.

Average Salary (per year): INR 10,51,696

Salary Range: INR 7,38,845 – INR 14,62,662

Tech Mahindra

As an Indian multinational subsidiary of the Mahindra Group, Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. The average salary of a Data Scientist at Tech Mahindra is INR 9,98,857 and can range from INR 3,67,378 – INR 15,47,943.

Average Salary (per year): INR 9,98,857

Salary Range: INR 3,67,378 – INR 15,47,943

CASHe

CASHe, India's most preferred digital lending company for young salaried millennials, provides instant short-term personal loans to young salaried professionals based on their social profile, merit and earning potential using its proprietary algorithm-based machine learning platform. The average salary of a Data Scientist at CASHe is INR 9,97,034 and can range from INR 9,87,915 – INR 10,25,431.

Average Salary (per year): INR 9,97,034

Salary Range: INR 9,87,915 – INR 10,25,431

Capgemini

Capgemini, a provider of consulting, technology and digital transformation services, addresses clients' opportunities in the field of cloud, digital, and platforms, as well as enables organizations to realize business ambitions through a large number of services from strategy to operations. The average salary of a Data Scientist at Capgemini is INR 8,98,584 and can range from INR 5,12,716 – INR 14,54,008.

Average Salary (per year): INR 8,98,584

Salary Range: INR 5,12,716 – INR 14,54,008

Wipro

As leading information technology, consulting and outsourcing company, Wipro helps customers do business better by leveraging Wipro industry-wide experience, deep technology expertise, comprehensive portfolio of services and vertically aligned business model. The average salary of a Data Scientist at Wipro is INR 8,68,746 and can range from INR 4,67,360 – INR 14,77,690.

Average Salary (per year): INR 8,68,746

Salary Range: INR 4,67,360 – INR 14,77,690

Applied Data Finance

Applied Data Finance, a financial services firm, which offers loans and financing solutions to consumers. The company combines four unique strengths to deliver a breakthrough in credit data analysis for millions of people. The average salary of a Data Scientist at Applied Data Finance is INR 7,85,542 and can range from INR 6,20,082 – INR 11,92,341.

Average Salary (per year): INR 7,85,542

Salary Range: INR 6,20,082 – INR 11,92,341

Nielsen

As a global measurement and data analytics company, Nielsen Holdings plc provides the most complete and trusted view available of consumers and markets worldwide. The average salary of a Data Scientist at Nielsen is INR 6,50,438 and can range from INR 6,00,000 – INR 12,41,950.

Average Salary (per year): INR 6,50,438

Salary Range: INR 6,00,000 – INR 12,41,950