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Artificial Intelligence is a rapidly growing technology in the world.Everything is going automated and digital in this modern era. Every day is influenced by AI in the role of Alexa, Google AI, Cortana, IBM Watson, these all are personal assistance which are helping the normal people. Since this fieRead more
Artificial Intelligence is a rapidly growing technology in the world.Everything is going automated and digital in this modern era.
See lessEvery day is influenced by AI in the role of Alexa, Google AI, Cortana, IBM Watson, these all are personal assistance which are helping the normal people. Since this field has a good scope and it ensures an artificial intelligence engineer salary to be better than the average.
Artificial Intelligence in India is in an early stage. Startups and businesses are getting prepared with the idea of using Artificial Intelligence in their Business to increase growth. The majority of the growth in AI in India can be seen in the private sector but it has also attracted government attention in the last few years. The application AI in the private sector includes automation of the major business processes, using Chatbots to deliver to the consumers better services, Fraud detection, Personalisation.
The average artificial intelligence engineer salary in India depends upon the established companies and startups. A well renowned company is ready to pay you a hefty amount than a start up.
The artificial intelligence engineer salary at big companies like Paypal, Amazon get paid close to 20–30 LPA package as freshers themselves. In startups it is 5–8LPA. Let’s assume a 10% growth rate per year (since startups give 10–12 % and service based give 5–6% hike). This should give a five year experience person – starting with 7Lpa something close to 13–14LPA at the end of 5 years. But during this tenure if the person has made a shift to another company, let’s add another 30–50% growth. This would definitely put the person close to 15–20 LPA. This should be minimum if one starts with 7LPA. Have seen a few of my seniors who got a hike as good as 7LPA to 12LPA with just 2 years experience. So definitely the growth rate is significantly high as this is relatively new technology and demand is really high for freshers or experienced candidates.
Hope, you now have a better perception of the situation In India when it is regarding artificial intelligence engineer salary.