New Delhi/Raipur, May 30, 2019: With the growing demand and applicability of Data Science, Data Analytics and Artificial Intelligence, International Institute of Information Technology, Naya Raipur (IIT-NR), a State University (recognized by UGC) and established as joint venture between the Government of Chhattisgarh and NTPC Ltd. In Raipur, Chhattisgarh, India. has launched India’s first B.Tech program in Data Science & Artificial Intelligence from the academic year 2019-20. IIT-NR has also launched an M.Tech program also in Data Science & Artificial Intelligence from the coming Academic Year (2019-2020). With this IIIT-NR will be the first institute in India to offer both B.Tech and M.Tech programs in this fast emerging, futuristic technologies.
The new programs in Data Science & AI offered at IIIT-NR are designed to produce students with strong foundation of both theory and practice of disruptive technologies like Data Science, Artificial Intelligence and Machine Learning, the skills that are in great demand in corporate world today. The worldwide market for data analytics has been anticipated to display a CAGR of 30.08% between 2017– 2023 to outperform a valuation of USD 77.64 billion. Web crawlers and in-house Data Scientists are needed today in almost every industry, for purposes like collection of data from internal and publicly available data sources. Data analytics can be utilized to build income, respond to rising patterns, improve operational proficiency and streamline marketing to make an upper hand. The service sectors where Artificial Intelligence will make a lot of difference are healthcare, finance, aviation, manufacturing, and logistics. India’s services sector has a significant potential opportunity to cater to the demand for data cleaning and human-augmented AI.
Dr. Pradeep K. Sinha, VC & Director, IIIT Naya Raipur, said “The fast-paced growth of data and the amount of knowledge that is being drawn out of this data has created many new and exciting opportunities for students having deep knowledge of Data Science and Artificial Intelligence. The scope of our new B. Tech. program in DSAI shall include methods and algorithms involved in collecting, curating, managing, analyzing, and transforming data into information, which in turn enables creation of knowledge and decision-making in a variety of application domains,”.
Dr. Rajarshi Mahapatra, Dean (Academics), IIIT-NR said “The new B. Tech. program emphasizes on both fundamental concepts from the fields of computer science, statistics, and mathematics that are essential for analyzing the growing amount of data captured by many sources such as internet, social media, sensors, automobiles, environment etc. In this program, students will do projects to analyze the impact of data-driven decision making on all areas like agriculture, security, healthcare, commerce, industry, banking, insurances, transportation, city planning, etc. in line with IIIT-NR project-based learning.”
Some of the most popular firms that hire successful graduates of the specialization are Microsoft, Oracle, IBM, Infosys, TCS, Tech Mahindra, HCL, Accenture and more. As, Artificial intelligence (AI) is all set to have a fundamental impact on the global labor market in the next few years, there is a huge demand for professionals in the field. Some of the lucrative jobs one can pursue are Machine Learning Engineer, Data Scientist, Business Intelligence Developer, Research Scientist and Big Data Architect