Top Product-Based Companies for Data Science Freshers
Oct 03, 2024 4 Min Read 4864 Views
(Last Updated)
In today’s data-driven world, data science has emerged as a crucial field, with companies harnessing the power of data to gain valuable insights and make informed decisions.
As a data science fresher, it’s essential to find the right company that aligns with your interests and offers the right growth opportunities.
In this article, we will explore the top product-based companies for data science freshers, along with the factors to consider when choosing the right employer.
Table of contents
- What Makes a Data Science Company Worth Working For?
- Interesting Projects and Products
- Competitive Compensation and Benefits
- Market Reputation and Public Perception
- Culture and Work-Life Balance
- Best Product-Based Companies for Data Science Freshers
- Microsoft
- Amazon
- EY
- Google (Alphabet)
- VMware
- Walmart
- JPMorgan Chase & Co.
- PwC
- Upcoming Product-Based Companies Hiring Data Science Freshers
- Splunk
- Numerator
- Databricks
- Cloudera
- Startups Hiring Data Science Freshers
- Algorithmia
- Resurface Labs
- Cropin
- TheMathCompany
- Concluding Thoughts
- FAQs
- What are product-based companies for Data Science?
- Do companies hire fresher data scientists?
- Does TCS hire fresher data scientists?
- What is the salary of a data scientist in product-based companies?
- Does Google hire data scientists?
What Makes a Data Science Company Worth Working For?
Before diving into the list of top companies, it’s important to understand the factors that make a data science company worth working for. Here are a few key considerations:
1. Interesting Projects and Products
One of the first things to consider is whether the company’s projects and products align with your interests. Working on projects that excite you will not only keep you motivated but also help you develop your skills and expertise in a specific domain.
2. Competitive Compensation and Benefits
Compensation is another crucial factor to consider. Look for companies that offer competitive salaries and comprehensive benefits packages, including health insurance, paid time off, profit sharing, and retirement benefits. A fair compensation package ensures that you can focus on your work without financial worries.
3. Market Reputation and Public Perception
Consider the company’s current market reputation and public perception. Look for companies that have a positive brand image and are known for their excellence in data science. A company with a strong reputation is more likely to provide a supportive and collaborative work environment.
4. Culture and Work-Life Balance
A company’s culture plays a significant role in your overall job satisfaction. Look for companies that foster a culture of trust, flexibility, collaboration, and positive feedback. Additionally, consider the work-life balance the company offers, as it’s important to maintain a healthy equilibrium between your professional and personal life.
Now that we have a clear understanding of what to look for in a data science company, let’s explore the top product-based companies that are hiring data science freshers.
Best Product-Based Companies for Data Science Freshers
1. Microsoft
Microsoft is not only a consumer software giant but also an excellent data science company to work for. With a wide range of products for consumers, developers, and organizations, Microsoft offers diverse opportunities for data scientists.
Projects like AI for Earth, which focuses on using AI for environmental sustainability, and AI for Accessibility, which empowers people with disabilities, demonstrate Microsoft’s commitment to leveraging data science for social impact.
2. Amazon
Amazon Web Services (AWS) is a subsidiary of Amazon that provides cloud computing services. As the largest individual market shareholder in the cloud infrastructure service industry, Amazon relies heavily on data science to enhance the customer experience.
Projects like Automated Reasoning, which automates formal logical reasoning to improve product security, and Computer Vision, which helps devices see and understand the visual world, showcase Amazon’s dedication to cutting-edge data science.
3. EY
EY, also known as Ernst & Young, is a global accounting and professional services firm. EY utilizes data and augmented intelligence to enhance risk controls, re-engineer processes, and provide its clients with a competitive advantage.
With a focus on business transformation, AI consulting services, advanced analytics, and AI merger and acquisition tools, EY offers diverse opportunities for data scientists to make a significant impact.
4. Google (Alphabet)
Google is renowned for its vast amount of data and its ability to analyze customer behavior to refine its products and services. With projects like AdSense and Google Analytics, Google handles data from various websites and utilizes it to improve customer experiences.
Google offers competitive benefits and salaries, making it an attractive option for data science freshers.
5. VMware
VMware is a leading cloud computing and virtualization company that develops technology solutions for multi-cloud businesses. With a strong focus on research and development, VMware utilizes data science to drive innovation in areas like anomaly detection, cryptographic agility, and CloudCast.
Joining VMware as a data scientist, machine learning engineer, or data analyst offers the opportunity to work on critical technology challenges.
6. Walmart
Walmart, the retail giant, has a massive amount of data at its disposal. The company utilizes data science to analyze point-of-sales data patterns and make data-driven decisions to improve various aspects of its business, including product recommendations, supply chain optimization, and store checkout processes.
As a data science fresher, Walmart provides a wealth of data and opportunities to make a significant impact.
7. JPMorgan Chase & Co.
JPMorgan Chase & Co. is a leading global financial services firm that utilizes data analytics to identify patterns in customer behavior and financial markets. Data science plays a crucial role in identifying risks, finding market opportunities, and increasing revenue through customer operations.
JPMorgan has consistently been ranked as one of “America’s Ideal Employers” and as one of the “World’s Most Admired Companies.”
8. PwC
PwC is an international network of professional services firms that leverage data science to assess risk premiums, evaluate market size, and improve their Total Impact Measurement and Management (TIMM) framework.
PwC offers comprehensive benefits and salaries, along with opportunities to work on diverse data science projects across industries.
Upcoming Product-Based Companies Hiring Data Science Freshers
9. Splunk
Splunk is a leading data-to-everything platform that enables users to search, monitor, and analyze their data efficiently.
With advanced built-ins like outlier detection, predictive analytics, and event clustering, Splunk helps businesses enhance their digital customer experience and resilience, making it one of the top product-based companies for data science freshers.
Projects like Splunk SOAR, Cloud Platform, Infrastructure Monitoring, and Observability Cloud showcase Splunk’s commitment to cutting-edge data science solutions.
10. Numerator
Numerator focuses on customer insights for eCommerce. Working with Fortune 100 companies, Numerator’s data scientists analyze purchase environments, sentiments, behaviors, and outcomes to provide valuable insights.
Joining Numerator offers the opportunity to work with diverse clients and gain experience in analyzing large-scale consumer data.
11. Databricks
Databricks is an innovative company that offers the Lakehouse Platform, combining the best of data warehouses and data lakes. With clients like Shell, HSBC, T-Mobile, and H&M Group, Databricks empowers organizations to enable massive-scale data engineering, business analytics, and collaborative data science.
Joining Databricks allows for significant career growth and the opportunity to work with leading organizations.
12. Cloudera
Cloudera is a hybrid data cloud company that makes data and analytics accessible to everyone. With a broad spectrum of clients across industries, Cloudera provides solutions for financial services, retail, technology, healthcare, education, and manufacturing.
Joining Cloudera offers the opportunity to work on diverse data science projects and gain experience across various domains.
Startups Hiring Data Science Freshers
13. Algorithmia
Algorithmia is a machine learning model deployment and management solution provider. Acquired by DataRobot, Algorithmia helps organizations operationalize their machine learning use cases using the enterprise-grade infrastructure.
Working with Algorithmia offers the opportunity to work with leading organizations and gain experience in deploying and managing machine learning models.
14. Resurface Labs
Resurface Labs specializes in continuous API security. Its API management software, Resurface, allows businesses to capture, store, and explore different API architectures.
Resurface uses actual user data for threat detection, troubleshooting, and testing. Joining Resurface Labs offers the opportunity to work remotely and make a significant impact in the API security domain.
15. Cropin
Cropin is an Earth observation and AI-led AgTech organization that leverages satellite imagery to improve the agriculture ecosystem. With a focus on data-driven farming, Cropin provides SaaS solutions to agribusinesses and governmental organizations worldwide.
Joining Cropin offers the opportunity to work at the intersection of AI, earth observation, agriculture, meteorology, and computer sciences.
16. TheMathCompany
TheMathCompany is a hybrid business consulting and services firm that builds custom AI enterprise applications. With its proprietary AI master engine, Co.dx, TheMathCompany assists in data extraction, algorithm development, performance monitoring, and feature engineering.
Joining TheMathCompany allows for significant growth in the AI domain and the opportunity to solve complex business problems.
Concluding Thoughts
As a data science fresher, finding the right company to kickstart your career is crucial. The companies mentioned in this article offer diverse opportunities in various domains, from technology giants like Microsoft and Google to innovative startups like Algorithmia and Cropin.
Consider the factors that make a company worth working for, such as interesting projects, competitive compensation, market reputation, and culture.
By choosing the right company, you can give your career the exact uplift it needs and achieve your goals along with monetary stability.
FAQs
What are product-based companies for Data Science?
Product-based companies for Data Science include Google, Facebook, Amazon, Microsoft, and many others.
Do companies hire fresher data scientists?
Yes, many companies hire fresher data scientists to build their teams and groom talent.
Does TCS hire fresher data scientists?
Yes, TCS does hire fresher data scientists for various roles and the compensation they provide is pretty great as well.
What is the salary of a data scientist in product-based companies?
The salary of a data scientist in product-based companies varies widely but generally ranges from $80,000 to $150,000 per year which in India is somewhere between 12LPA to 30LPA.
Does Google hire data scientists?
Yes, Google does hire data scientists for various positions within the company and provides with multiple employee benefits and lucrative salaries.
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