How Much Does It Cost to Utilize Machine Learning & Artificial Intelligence?
Here Mobilunity is going to explore the software developer wage in such industries as machine learning and artificial intelligence. Machine learning is one form of technology that allows organizations to make better decisions without human intervention. When used correctly, machine learning can help businesses become more efficient. It allows businesses to analyze bigger and more complex data and deliver faster, more accurate results. Machine learning is a form of artificial intelligence that learns patterns in data and uses them to predict patterns in new data.
Industries of all types are using machine learning technology to operate more efficiently and stay ahead of their competition. Some examples of industries who have already unveiled the value of machine learning are: financial services, health care, oil and gas, government, marketing and sales, and transportation. While machine learning has been around for a long time, today’s version is much different than the machine learning we knew of years ago. Machine learning in finance, healthcare, government, marketing will change the world.
The Demand for Artificial Intelligence and Machine Learning Developers
Business insiders reveal that 2018 is expected to see a sharp increase in the demand for artificial intelligence and machine learning. According to Hindu Business Line, one in five companies will use AI to make decisions in 2018. The demand in India is expected to increase from 20,000 AI and ML specialists to 32,000 this year alone.
In the United States, the popularity is the same and the demand is expected to see the same growth. Although the rise of artificial intelligence has created a panic about unemployment due to the increase in automation, the industry is said to create 2.3 million jobs by 2020. Now that we know we can expect to see a rise in the popularity of machine learning and the demand for skilled professionals in the field, let’s take a look at the machine learning salary.
Comparison of Machine Learning Developer Salary
There are many different types of IT professionals involved in machine learning development. Their salaries vary because of the different skills they bring to the development process. For example, the machine learning scientist salary in the US is $95,800 a year while the machine learning programmer salary in the US is $102,400 a year.
For an overall comparison of machine learning developers by country, we will compare machine learning engineer salary with AI developer salary below:
As more and more businesses implement machine learning and artificial intelligence into their business practices, the need for professional, qualified developers continues. Ukraine remains a leader in the IT industry with certified IT professionals. Mobilunity, a leader in outstaffing and outsourcing professional IT services, is one of the most trusted providers of quality development services in Ukraine. With 15,000 IT professionals graduating annually in Ukraine, Mobilunity is a popular choice of employment for highly skilled, top quality machine learning dedicated developers.