The constant need to use analytics and data to drive business functions has created a massive talent shortage in AI roles. With skills and technology constantly evolving, HR leaders must keep pace with the evolving talent landscape and periodically assess their people planning needs.
To further understand AI roles, we¬†analyzed¬†a JD corpus of around 28 million job descriptions which was¬†narrowed down to around 1 million relevant jobs across service providers, G500 corporations, and startups. Further to this, several interviews and discussions were held to understand the correlation and the progression of various job titles.
The analysis shows the global demand for AI roles to be about 1.2 million jobs as of 2018. This is derived by¬†triangulating open jobs across G500 top R&D spenders. Within this, there is an unmet demand of about 500,000 jobs and around¬†310,000 jobs are open in the US alone. However, on the supply side, an analysis of over 200,000 resumes show that¬†current AI and Big Data talent pool is about 250,000.
An industry-wide analysis reveals that over¬†60 percent of the demand is distributed across enterprise software, consumer electronics¬†and¬†BFSI.¬†Majority of the G500 organizations have a wide distribution of employed Big Data talent across geographies; Computer Vision and NLP talent is employed primarily by tech giants.
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