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IT firms reward AI experts with premium pay raises, CIO Information, ET CIO



The data know-how (IT) sector in Gujarat is witnessing speedy adoption of synthetic intelligence (AI), pushed by its skill to simplify coding and increase productiveness. This has additionally modified the appraisal panorama in Ahmedabad-based IT firms. In keeping with business gamers, there are elevated alternatives for workers with experience in AI, with many providing or planning to supply double-digit wage increments to groups specialising in AI and Machine Studying (ML). In distinction, conventional area groups are more likely to see single-digit increments.

“Technological developments are a continuing within the IT business, however the tempo of change has accelerated. Workers should adapt to new applied sciences shortly. AI has enhanced coding effectivity and productiveness, main to raised increments for AI-skilled professionals this 12 months,” remarked Tejinder Oberoi, former chairman of GESIA IT Affiliation. He additional famous that whereas total IT increments stay in single digits, AI experts are having fun with wage will increase in double digits.

On common, corporations in AI, ML and cybersecurity domains are doling out increments ranging between 12% and 15%. Gaurav Barot, CEO of an IT firm, acknowledged, “The IT sector is experiencing optimistic sentiment, with a powerful give attention to AI and ML. Workers adept in these applied sciences are driving productiveness good points and are rewarded with greater increments in comparison with these with typical talent units.”

Business sources reveal {that a} rising variety of staff are leveraging AI instruments for coding, enabling them to satisfy targets extra effectively. Apart from staff, even IT corporations primarily based in Gujarat noticed a paradigm shift, fuelled by innovation and strategic pivots by business gamers. Corporations are more and more specializing in specialised domains, leveraging rising applied sciences like AI and ML to drive progress. This shift has not solely enhanced the area’s world competitiveness but additionally sparked renewed investor confidence within the sector.

“Because of this, corporations that are within the area of interest sectors of the IT business, be it cybersecurity, synthetic intelligence and machine studying amongst others, are performing higher, clocking higher revenues with a greater progress trajectory within the days to return. Because of this, such corporations are providing double-digit increments in comparison with different conventional IT and IT companies companies,” mentioned Umesh Rateja, Secretary, GESIA IT Affiliation.

Pranav Pandya, co-founder and chairperson of an IT Firm mentioned, “The demand for workforce expert in deep tech is greater. These embrace folks conscious of IoT, knowledge analytics and cloud over and above AI, ML and cybersecurity. They’re additionally compensated nicely.”

  • Printed On Jan 18, 2025 at 09:19 AM IST

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