50 Best Firms in India For Data Scientists To Work For - 2023

RESEARCH
50 Best Firms For Data

Scientists To Work For
2023
Empowering People
Driving Business
Shaping the World
© 2023 AIM Media House LLC and/or its affiliates. All rights reserved. For more
information, email info@aimmediahouse.com or visit aimresearch.co.
RESEARCH
Table of Content
Introduction.......................................................................................................................3
Methodology......................................................................................................................4
Trends................................................................................................................................5
50 Best firms: The list..........................................................................................................6
Learning and Support.........................................................................................................9
Productivity and Engagement...........................................................................................13
Benefits and Well-being...................................................................................................17
Rewarding Excellence......................................................................................................21
Diversity and Inclusion.....................................................................................................25
RESEARCH RESEARCH
Introduction
For years, a sense of mutual respect and trust has been at
the heart of the data science industry, serving as the The report examines the data science firms in terms
cornerstone of fostering productive and engaging of the working conditions they offer to their data
workplaces. From the perspective of the data scientist, this scientists based on various parameters such as
trust translates into a rewarding and fulfilling work learning and support, productivity and engagement,
experience, whereas from the organization's standpoint, it benefits and well-being, rewarding excellence and
leads to superior performance and results. diversity and inclusion.
However, the notion of 'average' is gradually fading in

significance. The average quality of work experience could
potentially overlook certain individuals or groups who may
not experience the same level of trust and satisfaction.
Consequently, the industry standard is being raised, with a
shift in focus towards creating an environment that is
universally conducive to growth and productivity.
By instilling meaningful core values and fostering

exemplary leadership, organizations can construct a
culture that prioritizes trust above all. This culture
encourages everyone to unleash their full potential,
thereby facilitating personal and professional growth.
Ultimately, it is this inclusive and trust-centric environment
that drives forward the continuous evolution and expansion
of the data science sector.
3
50 Best Firms In India For Data Scientist To Work For - 2023 3
RESEARCH RESEARCH
Methodology
We derived an overall index to determine the rankings of AIM’s
best firms for data scientists to work for. AIM listed five
parameters to compute the ranking of 50 firms — Learning & Learning & Benefits &
Support, Productivity & Engagement, Benefits & Well-being, Support Well-being
Rewarding Excellence and Diversity & Inclusion. The overall index
was calculated using the average score of five sub-indices
(based on the parameters mentioned above). The sub-indices
themselves were calculated based on the scores given to the
answers (of the survey questions) asked by AIM. These scores
were normalized on a scale from 0 to 1 before the average for the Best Firms For
sub-indices was taken. Data Scientists To
Work For
Based on the responses of the participating firms, AIM Research
Diversity & Rewarding
has identified best practices being followed by top performing Inclusion Excellence
firms under each sub-index. The best practices for each sub-
index have been mentioned under respective sections.
Simply emulating best practices isn’t sufficient for data science

Productivity &
firms. To ensure they are able to leverage every opportunity being
Engagement
unfolded in present times, they need to focus their efforts and
investments in areas that are most likely to be substantially
profitable in the near future.
3
RESEARCH RESEARCH
Trends
Greater Emphasis on Learning Platforms: 100% of top-performing firms already provide access to
1 learning platforms for their employees. Considering this and the rapid pace of technological changes, we
can expect an upward trend, with more firms prioritizing continuous learning and development
opportunities for their data scientists.
Investment in Cutting-Edge Technology: Currently, 57% of top performers are investing in cutting-
2 edge technology, such as high-performance GPUs. As data science becomes more complex and
compute-intensive, we can expect an increasing number of firms to invest in advanced infrastructure to
support their data scientists.
Increasing Focus on Diversity and Inclusion: The report shows 35% of women in senior leadership
3 roles in top-performing firms and a 51% representation of women in data science teams. As diversity and
inclusion continue to be a major focus, these numbers are likely to increase in the coming years,
fostering more diverse and inclusive workplaces.
Emphasis on Peer-to-Peer Recognition: Currently, 40% of top performers have peer-to-peer
4 recognition programs in place. As companies strive to foster a positive work culture and employee
engagement, we may see an increase in firms implementing similar recognition initiatives.
Promotion of Cross-Functional Collaboration: Currently, 40% of top performers promote cross-
5 functional collaboration. This trend is expected to rise as more firms recognize the benefits of
interdisciplinary cooperation and the innovation it can bring.
3
RESEARCH
50 Best Firms
The List
RANK Learning & Productivity & Benefits & Rewarding Diversity & Overall
Rank
2023 2022 Company Name Support Engagement Wellbeing Excellence Inclusion Index
1 2 American Express 0.80 0.60 0.65 0.58 0.78 0.68
2 3 Walmart Global Tech 0.68 0.47 0.71 0.77 0.54 0.63
3 5 Fractal Analytics 0.72 0.34 0.76 0.64 0.64 0.62
4 4 Lowe's 0.69 0.40 0.78 0.52 0.70 0.62
5 8 Societe Generale 0.69 0.42 0.65 0.60 0.70 0.61
6 7 Genpact 0.67 0.52 0.70 0.60 0.54 0.61
7 1 Intuit 0.56 0.60 0.68 0.68 0.52 0.61
8 - Wipro 0.71 0.62 0.60 0.42 0.69 0.61
9 17 Tredence 0.66 0.67 0.51 0.52 0.68 0.61
10 14 TheMathCompany 0.54 0.63 0.81 0.57 0.45 0.60
11 16 Tiger Analytics 0.73 0.59 0.56 0.62 0.51 0.60
12 - AB-InBev 0.54 0.53 0.66 0.70 0.59 0.60
13 - Max Life Insurance 0.27 0.50 0.74 0.77 0.72 0.60
14 - Western Digital 0.50 0.43 0.74 0.61 0.72 0.60
15 10 EXL 0.57 0.54 0.75 0.55 0.57 0.60
16 13 Rakuten 0.53 0.44 0.85 0.57 0.59 0.59
17 11 EY GDS 0.57 0.56 0.58 0.47 0.80 0.59
18 20 eClerx 0.53 0.58 0.68 0.49 0.68 0.59
19 33 IDFC First Bank 0.55 0.72 0.51 0.50 0.68 0.59
20 24 Course 5 Intelligence 0.34 0.56 0.62 0.59 0.81 0.59
21 28 MIQ Digital 0.79 0.43 0.52 0.49 0.68 0.58
22 44 Infocepts 0.38 0.61 0.48 0.75 0.66 0.58
23 19 Happiest Mind 0.49 0.42 0.67 0.84 0.47 0.58
24 21 Merkle 0.38 0.43 0.71 0.67 0.67 0.57
RESEARCH
25 - JCPenney 0.62 0.43 0.79 0.46 0.57 0.57
RANK Learning & Productivity & Benefits & Rewarding Diversity & Overall
Rank
2023 2022 Company Name Support Engagement Wellbeing Excellence Inclusion Index
26 - Agilisium 0.50 0.50 0.62 0.84 0.39 0.57
27 23 HDFC Bank 0.40 0.57 0.60 0.59 0.69 0.57
28 34 CoRover 0.22 0.60 0.62 0.64 0.74 0.56
29 30 Hansa Cequity 0.33 0.59 0.71 0.67 0.52 0.56
30 31 Axtria Inc. 0.46 0.57 0.50 0.54 0.72 0.56
31 - Factspan Analytics 0.48 0.41 0.60 0.65 0.66 0.56
-
32 World Wide Technology 0.45 0.59 0.73 0.26 0.74 0.55
33 - SG Analytics 0.38 0.47 0.57 0.73 0.60 0.55
34 36 The Smart Cube 0.37 0.52 0.55 0.66 0.59 0.54
35 - Yubi 0.71 0.45 0.47 0.55 0.47 0.53
36 32 LTI Mindtree 0.49 0.44 0.51 0.76 0.45 0.53
37 43 Concentrix 0.29 0.70 0.52 0.43 0.70 0.53
38 25 Kotak Mahindra Bank 0.53 0.29 0.73 0.59 0.45 0.52
39 - Merck 0.45 0.53 0.57 0.46 0.57 0.52
40 41 Abzooba 0.45 0.46 0.74 0.46 0.37 0.50
41 - Maersk 0.16 0.55 0.57 0.51 0.66 0.49
42 38 Evalueserve 0.36 0.39 0.59 0.50 0.55 0.48
43 27 Edelman 0.25 0.39 0.56 0.36 0.82 0.48
44 - Siemens Healthineers 0.35 0.49 0.62 0.28 0.63 0.47
45 - Polestar 0.42 0.50 0.51 0.54 0.36 0.47
46 35 Jio 0.20 0.58 0.53 0.34 0.40 0.41
47 - TVS Motor Company 0.14 0.53 0.63 0.26 0.43 0.40
48 - Piramal Finance 0.20 0.25 0.62 0.45 0.24 0.35
49 - DSP Mutual Fund 0.08 0.50 0.57 0.10 0.14 0.28
RESEARCH
50 - FN Mathlogic 0.18 0.20 0.48 0.26 0.28 0.28
RESEARCH
Learning and
Support
The Index
50 Best Firms In India For Data Scientist To Work For - 2023

RESEARCH
The "Learning and Support" index in the report is a measure of

how well a company supports the ongoing professional
% OF TOP PERFORMERS % OF ALL PARTICIPANTS
development and learning of its data scientists. This is a critical BEST PRACTICES FOLLOWING THE PRACTICE FOLLOWING THE PRACTICES
aspect of a data science firm as the field of data science is
continuously evolving, and professionals in this field need to
Providing access to learning
keep their skills updated to stay competitive. platforms
100% 83%
The index takes into account a variety of factors including:

Mentorship programs
100% 92%
Access to Learning Platforms: This includes providing data and leadership skills
scientists with access to various online learning platforms such as

Coursera, Udemy, DataCamp, and LinkedIn Learning, as well as
internal training programs specifically designed for data science. Buddy program 30% 24%
Mentorship Programs and Leadership Skills: This refers to

programs designed to nurture potential leaders within the
Conferences and
organisation. These programs may include one-on-one sessions, 100% 83%
hackathons
group sessions, and mentorship by existing leaders.
Buddy Program: This involves programs that help smoothen the

Investing in cutting
onboarding process for new joiners. For example, inviting new 57% 50%
edge technology
joiners for team-building activities even before they formally join
the firm to help them integrate into their teams and become
productive quickly.

RESEARCH
BEST FIRMS FOR DATA SCIENTISTS ON LEARNING & DEVELOPMENT INDEX

Conferences and Hackathons: Encouraging data scientists to
participate in conferences, hackathons, and datathons provides American Express
them with opportunities to showcase their work, solve cutting-
edge problems, and learn from their peers. MIQ Digital
Tiger Analytics
Investing in Cutting-Edge Technology: The company's
investment in providing its data scientists with access to the Fractal
latest technology and tools is also a crucial factor. For instance,
Wipro
having a GPU infrastructure in place can significantly speed up
the development, training, and refinement of data science Yubi
models.
Societe Generale
The scores for each of these factors are normalized on a scale Lowe's
from 0 to 1, and the average of these scores is taken to derive the
overall "Learning and Support" index for a company. High scores Walmart
in this index indicate that a company is highly supportive of the
Genpact
learning and professional growth of its data scientists.
0 0.2 0.4 0.6 0.8

RESEARCH
1.5 times
When individuals are given the latitude to be their authentic
selves, trust in their colleagues and leaders, there is a
Companies with robust learning and support initiatives might see a
significantly greater likelihood that they will be motivated and
revenue growth rate that's 1.5 times higher than those without such
capable of utilising their full potential. It also greatly enhances
initiatives. This is because continuous learning and support can lead to
the synergy between individuals and teams, sparking a positive
more innovative and skilled data scientists who can drive business
energy, fostering innovation, and sharpening focus.
growth.
Data scientists experience a heightened sense of trust when they:

Believe their leaders are credible, demonstrating
competency, clear communication, and honesty
Believe they are being respected as individuals and as
1.2 times
professionals
They may also see a 1.2 times increase in job applicants. A culture of
Believe the organization is fair in its dealings
learning and support is attractive to potential employees and can draw in
more talent.
The "Learning and Support" index quantifies this sense of trust at
work, using various parameters like access to learning platforms,
mentorship programs, buddy programs, participation in
conferences and hackathons, and the provision of cutting-edge
technology. 0.8 times
Distinct differences can be noted in the outcomes of As for employee turnover, organizations with strong learning and support
organizations that score high on the "Learning and Support" initiatives might experience a turnover rate that's 0.8 times (or 20% lower)
index and those with lower scores. than those without these initiatives. This is due to increased job
satisfaction and personal growth opportunities which can increase
employee retention.

RESEARCH
Productivity
and
Engagement
The Index

RESEARCH
The "Productivity and Engagement" parameter determines how

productive and engaging the data scientists of a firm is.
METRICS OF TOP METRICS OF ALL
Productivity and engagement of the workforce in general and BEST PRACTICES PERFORMERS PARTICIPANTS COMBINED
data scientists in particular is influenced by factors like attrition
rate, growth of data science or analytics wing, average tenure of
data scientists, etc. Attrition rate 10% 15%
AIM Research has taken into account the following factors that
Growth in
most likely influence the productivity and engagement index. It
analytics/data 69% 55%
has identified the optimal scores of each of the factor. science
Attrition rate: A healthy attrition rate depends on various factors

such as industry, job role, and company culture. However, as a Average tenure of a
4.5 years 2.8 years
data scientist
general rule of thumb, an attrition rate of around 10% is
considered healthy for companies working in the field of data
science.
90-day failure rate 0% 6.9%
Growth in analytics/data science: The extent of growth in
analytics/data science in the last 12 months depends on various
factors such as industry growth, company strategy, and market Employees recruited
demand. A growth rate of 60-80% is considered impressive for via internal employee 50% 25%
referrals
most companies in the data science industry. However, smaller
organizations should eye on growing their data science wings by
more than 100% in order to catch up with some of the biggies in
the industry.

RESEARCH
Average tenure of a data scientist: The average tenure of a data

scientist at any organization depends on various factors such as
company culture, job satisfaction, and career growth
BEST FIRMS FOR DATA SCIENTISTS ON PRODUCTIVITY & ENGAGEMENT INDEX
opportunities. A tenure of 4-5 years is considered healthy for
most industries. IDFC First Bank
90-day failure rate: The new hire 90-day failure rate is an

Concentrix Corporation
important metric to track as it can indicate the effectiveness of Tredence
the company's hiring and onboarding process. A failure rate of
between 10-12% is considered optimal for firms working in the TheMathCompany
data science space.
Wipro
Employees recruited via internal employee referrals: The Infocepts

percentage of employees recruited via internal employee referrals
CoRover
indicates the level of employee engagement and satisfaction. A
percentage of 50% is considered healthy for companies in the Intuit
data science domain.
American Express
The scores for each of these factors are normalized on a scale Hansa Cequity
0 0.25 0.5 0.75
overall "Productivity and Engagement" index for a company. High
scores in this index indicate that data scientists in that particular
company are highly productive and engaging.

RESEARCH
1.9 times
Data scientists play a crucial role in analyzing and interpreting
data to inform business decisions, identify opportunities for
growth, and optimise processes. Therefore, their productivity and
Companies with highly productive and engaging data scientists are likely
engagement can directly impact the quality and timeliness of the
to be 1.9 times more profitable than those without such highly productive
insights they provide.
and engaging data scientists.
A productive and engaging pool of data scientists can positively

impact organizational outcomes by:
Delivering faster and accurate insights
Identifying more opportunities to enter newer markets or
develop newer products
46%
Collaborate constructively with other teams
On average, a productive and engaging pool of data scientists lead to
46% increase in job applicants due to direct impact on the quality and
The "Productivity and Engagement" index quantifies those
timeliness of the insights.
metrics that considerably impact the overall productivity of the
workforce such as, attrition rate, growth in analytics/data
science, average tenure of a data scientist, 90-day failure rate
and employees recruited via internal referrals.
87%
Distinct differences can be noted in the outcomes of
organizations that score high on the "Productivity and
Engagement" index and those with lower scores. Productive and engaging employees are 87% less likely to leave their
organizations thereby lowering employee turnover rate of organizations
with such productive workforce.

RESEARCH
Benefits and
Wellbeing
The Index

RESEARCH
Employees do not work for remuneration only. They are equally % OF TOP PERFORMERS % OF ALL PARTICIPANTS
BEST PRACTICES FOLLOWING THE PRACTICE FOLLOWING THE PRACTICES
concerned about ancillary benefits and their well-being while
being associated with an organization. Thus, it becomes crucial
for firms to ensure that employees’ well-being is paid heed to. In Comprehensive Leave
32% 30%
Policy
contemporary times, organizations have attempted to address
this aspect in a more holistic manner as mentioned below.
The index takes into account a variety of factors including: Work Flexibility 90% 90%
Comprehensive Leave Policy: Most of the top firms have

comprehensive leave policies that include family and parenting
Reimbursements 70% 41%
leave, sick leave, privilege leave, bereavement leave, long-term
leave of absence, and sabbaticals.
Physical and Mental

60% 38%
Flexible work arrangements: In terms of benefits and well- Wellness
being, firms providing flexible work arrangements like work from

home, flexible working hours, and hybrid work culture stand out
and are essentially the top performers in this segment.

RESEARCH
Reimbursements: To ensure employees feel valued for the BEST FIRMS FOR DATA SCIENTISTS ON BENEFITS & WELLBEING INDEX
efforts they put in towards organizational growth, many firms
provide reimbursements for internet, home office set-up, availing Rakuten
creche facilities, and cab arrangements. Some of them also offer
additional benefits such as food, OPD coverage, top-up TheMathCompany
insurance, etc.
JCPenney
Physical and Mental Wellness: Top-performing firms invest Lowe’s

considerably in their employees' personal and professional
Fractal Analytics
development by offering salary advances, car leases, and access
to gym and rejuvenation centres. Some firms even offer on- EXL
demand counselling sessions to ensure the mental well-being of
their employees. Abzooba
Max Life Insurance

The scores for each of these factors are normalized on a scale
from 0 to 1, and the average of these scores is taken to derive the Western Digital
overall "Benefits and Wellbeing" index for a company. High
Kotak Mahindra Bank
scores in this index indicate that a company is highly supportive
0 0.25 0.5 0.75 1
of the learning and professional growth of its data scientists.

RESEARCH
Data scientists often work in high-pressure, fast-paced 20%

environments that require intense focus and creativity. Providing
benefits and wellbeing measures that support their physical and
Companies that provide robust benefits and well-being support to their
mental wellbeing can help them perform at their best and feel
data scientists might experience a performance improvement of around
valued by their employer. 20% compared to those with minimal benefits and Well-being support.
Organizations offering good benefits and wellbeing support to

their data scientists have the advantage of—
Positive brand reputation thereby enabling them to attract
new business and customers 30%
Healthier workforce, which can result in reduced
absenteeism, higher morale, and lower healthcare costs. Companies offering robust benefits and well-being support experiences
Positive company culture that increases employee an increase of approximately 30% in the number of job applications
engagement and promote a sense of community among the received.
workforce.
The "Benefits and Wellbeing" index captures this using various

parameters like comprehensive leave policy, work flexibility,
reimbursements and physical and mental wellness. 15%
Organizations offering adequate benefits and wellbeing support
for its employees tend to perform better than those offering Companies offering robust benefits and well-being support might see a
minimal benefits. reduction of turnover by approximately 15%.

RESEARCH
Rewarding
Excellence
The Index

RESEARCH
Employees will be motivated to stay with an organization only if

they feel they are adequately and justly rewarded for the efforts
they have been putting in towards the growth of their % OF TOP PERFORMERS % OF ALL PARTICIPANTS
BEST PRACTICES FOLLOWING THE PRACTICE FOLLOWING THE PRACTICE
organizations. Recognizing this, firms have been coming up with
innovative ways to recognize good work that is not limited to
quarterly bonuses or yearly promotions. Peer-to-Peer
40% 24%
recognition programs
The index has considered some of the most innovative ways that
firms working in the data science domain have taken to reward
excellence of employees as mentioned below: Instant Impact
62% 40%
Awards
Peer-to-Peer recognition programs: Recognition Programs are

at the heart of acknowledging the efforts and achievements of
Cross-functional
employees. All top performers have recognition programs in 40% 30%
collaboration
place to recognize and differentiate high performers across all
segments. These include individual and team awards, tenure
awards, spot rewards, etc. Some organizations even have Peer-
to-Peer recognition programs where employees can continuously
recognize each other's efforts and achievements fostering a
culture of appreciation and recognition within the organization.
Instant Impact Awards: Some firms have also designed Instant

Impact Awards that are given immediately on the
accomplishment or achievement so that the impact is not lost.
This program ensures that employees receive recognition for their
efforts in a timely manner.

RESEARCH
Cross-functional collaboration: Collaboration and

BEST FIRMS FOR DATA SCIENTISTS ON REWARDING EXCELLENCE INDEX
cooperation among different teams are key in realizing
the full potential of organizations. Keeping this in
mind, several organizations, particularly the top Agilisium
performing ones, have been making efforts to ensure Happiest Minds
effective collaboration among teams. These include
team building activities like cross-functional connects, Max Life Insurance
team get-togethers, team off-sites, etc. Some firms
Walmart
have also designed programs to foster collaboration
beyond work. Such programs provide a forum for LTIMindtree
employees to connect and showcase their interests,
Infocepts
ideas, and passions in a collaborative environment.
SG Analytics
The scores for each of the above mentioned initiative
are normalized on a scale from 0 to 1, and the average AB-InBev
of these scores is taken to derive the overall Intuit
"Rewarding Excellence" index for a company. High
scores in this index indicate that data scientists in that Merkle
particular company are highly productive and 0 0.25 0.5 0.75 1
engaging.

RESEARCH
19%
Data scientists are often highly skilled and specialized
professionals who bring significant value to an organization
through their expertise in data analysis and machine learning. As Companies rewarding excellence in a fair and just manner are likely to see
such, it is essential to recognize and reward their contributions a 19% increasing in their operating income emanating from the increased
appropriately to retain top talent and incentivise continued high job satisfaction.
performance.
A fair and just rewarding mechanism imply the existence of

transparent and established criteria for rewards and recognition,
that contributes to —
a positive and motivated work culture
10%
increased productivity, creativity, and innovation
Companies with a reputation for fair and just rewards often see a 10% or
The "Rewarding excellence" index quantifies this sense of more increase in job applications compared to those that do not.
positive work culture, using various parameters like peer-to-peer
recognition, instant impact awards and cross-functional
collaboration.
Those organizations scoring high in the "Rewarding excellence" 31%

index has considerably better business outcomes compared to
those with lower scores.
Companies with fair recognition programs have 31% lower voluntary
turnover rates as such recognition tends to improve workplace
satisfaction of employees.

RESEARCH
Diversity and
Inclusion
The Index

RESEARCH
Whether a firm is good from employees’ perspective also

depends on how diverse and inclusive the firm is in
accommodating people from various backgrounds and providing
each of them with equal opportunities to grow and thrive in the METRICS OF TOP METRICS OF ALL
organization. BEST PRACTICES PERFORMERS PARTICIPANTS COMBINED
To ensure diversity and inclusion, top-performing companies in

the data science domain have been practicing the following Women in senior leadership 35% 24%
conventions.
Percentage of
Employee Network Groups: To promote diversity and inclusion, women in data 51% 36%
firms have established Employee Network Groups (ENGs), that science teams
provide a safe space for employees with shared characteristics or
interests, such as gender, ethnicity, religion, or sexual orientation
Employee Network
to discuss and deliberate. ‘Listening tours’ are organized by Groups
80% 40%
several firms to gather unfiltered feedback from employees in all
areas of the business. Along with promoting diversity, equity and
inclusion (DE&I), ENGs provide personal and professional growth
opportunities for employees. DE&I curriculums 90% 75%
DE&I curriculums: Companies have implemented training

curriculums related to DE&I such as unconscious bias training,
neurodiversity, and managing unconscious bias. They help in
raising awareness about biases and promote inclusive
behaviours. While conducting talent acquisition drives, firms are
required to keep DE&I efforts in mind when conducting any talent
acquisition activity. This involves running focused recruitment
campaigns, ensuring that the selection panels are diverse and
inclusive, and ensuring that the hiring process is free from biases.

RESEARCH
BEST FIRMS FOR DATA SCIENTISTS ON DIVERSITY & INCLUSION INDEX

Women-specific programmes: Gender diversity being one of
the most crucial aspects of diversity, firms have launched Edelman
programs specifically targeted at women employees, such as
Course5i
mentoring programs, health and wellness programs, and financial
independence and management workshops. Moreover, some EY Global Delivery Services
firms are collaborating with various community fora to include
American Express
women who are looking to kickstart their 2nd innings in the
corporate world. These programs help support and promote the World Wide Technology
career growth of women employees. Some firms are now
gradually extending these programs to include the third gender CoRover
and other underrepresented groups as well. Max Life Insurance
The scores for each of these factors are normalized on a scale Western Digital
Axtria Inc
overall "Diversity and Inclusion" index for a company. High
scores in this index indicate that a company is highly supportive Concentrix Corporation
of the learning and professional growth of its data scientists. 0 0.25 0.5 0.75 1

RESEARCH
12%
A diverse and inclusive ecosystem in a organization that works in
the data science space is critical for creating a strong, effective
team that can solve complex problems.
Companies that prioritize diversity and inclusion might experience a
Data scientists are likely to be more satisfied in a diverse and performance improvement of approximately 12%.
inclusive organizations as:
decisions are taken based on data rather than personal
biases
diverse set of perspectives leads to more creative and
innovative solutions to solve complex problems 22%
otherwise overlooked issues are paid heed to and addressed
Companies that prioritize diversity and inclusion might experience an

In the long run, a diverse and inclusive ecosystem helps reduce
increase of approximately 22% in the number of job applications
attrition and recruitment costs.
received.
The "Diversity and Inclusion" index quantifies this sense of

workplace satisfaction, using various parameters like employee
network groups, DE&I curriculum and targeted group specific
programs. 20%
Accordingly, organizations that score high on the "Diversity and Companies that prioritize diversity and inclusion in their data science
Inclusion" index can be distinctively differentiated from teams might see a reduction of turnover by approximately 20%.
organizations which lag behind based on the above mentioned
parameters.

CONFIDENTIAL AND PROPRIETARY: This document is the result of
research carried out by AIMResearch. Permission may be required from
AIMResearch for the reproduction of the information in this report.
Reasonable efforts have been made to source and present data that is
believed to be reliable but makes no representations or warranty,
express or implied, as to their accuracy or completeness or correctness.
All rights reserved with the aforementioned parties.

© 2023 AIM Media House LLC and/or its affiliates. All rights reserved.
Images or text from this
publication may not be reproduced or distributed in any
form without prior written permission from Analytics India Magazine.
The information contained in this publication has been obtained from
sources believed to be reliable. Analytics India Magazine disclaims all
warranties as to the accuracy, completeness, or adequacy of such
information and shall have no liability for errors, omissions, or
inadequacies in such information. This publication consists of the
opinions of Analytics India Magazine and should not be construed as
statements of fact. The opinions expressed herein are subject to change
without notice.
AIM India
#280, 2nd floor, 5th Main, 15 A
cross, Sector 6, HSR layout
Bengaluru, Karnataka 560102
AIM Americas
2955, 1603 Capitol Avenue, Suite
413A, Cheyenne, WY, Laramie,
US, 82001
www.aimresearch.co
info@aimmediahouse.com
RESEARCH
Organisations across the world utilize

us for advice and tools to lead their
digital transformation using data.
Gain insights, advice and tools to

embed analytics within your
organisation. Equip yourself better to
make decisions on AI capabilities
Copyright AIM Media House LLC

50 Best Firms in India For Data Scientists To Work For - 2023

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

50 Best Firms in India For Data Scientists To Work For - 2023

Uploaded by

Copyright:

Available Formats

RESEARCH

50 Best Firms For Data

50 Best firms: The list..........................................................................................................6

Learning and Support.........................................................................................................9

Productivity and Engagement...........................................................................................13

Benefits and Well-being...................................................................................................17

Diversity and Inclusion.....................................................................................................25

However, the notion of 'average' is gradually fading in

By instilling meaningful core values and fostering

Simply emulating best practices isn’t sufficient for data science

Emphasis on Peer-to-Peer Recognition: Currently, 40% of top performers have peer-to-peer

Promotion of Cross-Functional Collaboration: Currently, 40% of top performers promote cross-

1 2 American Express 0.80 0.60 0.65 0.58 0.78 0.68

2 3 Walmart Global Tech 0.68 0.47 0.71 0.77 0.54 0.63

3 5 Fractal Analytics 0.72 0.34 0.76 0.64 0.64 0.62

4 4 Lowe's 0.69 0.40 0.78 0.52 0.70 0.62

5 8 Societe Generale 0.69 0.42 0.65 0.60 0.70 0.61

6 7 Genpact 0.67 0.52 0.70 0.60 0.54 0.61

7 1 Intuit 0.56 0.60 0.68 0.68 0.52 0.61

8 - Wipro 0.71 0.62 0.60 0.42 0.69 0.61

9 17 Tredence 0.66 0.67 0.51 0.52 0.68 0.61

10 14 TheMathCompany 0.54 0.63 0.81 0.57 0.45 0.60

11 16 Tiger Analytics 0.73 0.59 0.56 0.62 0.51 0.60

12 - AB-InBev 0.54 0.53 0.66 0.70 0.59 0.60

13 - Max Life Insurance 0.27 0.50 0.74 0.77 0.72 0.60

14 - Western Digital 0.50 0.43 0.74 0.61 0.72 0.60

15 10 EXL 0.57 0.54 0.75 0.55 0.57 0.60

16 13 Rakuten 0.53 0.44 0.85 0.57 0.59 0.59

17 11 EY GDS 0.57 0.56 0.58 0.47 0.80 0.59

18 20 eClerx 0.53 0.58 0.68 0.49 0.68 0.59

19 33 IDFC First Bank 0.55 0.72 0.51 0.50 0.68 0.59

20 24 Course 5 Intelligence 0.34 0.56 0.62 0.59 0.81 0.59

21 28 MIQ Digital 0.79 0.43 0.52 0.49 0.68 0.58

22 44 Infocepts 0.38 0.61 0.48 0.75 0.66 0.58

23 19 Happiest Mind 0.49 0.42 0.67 0.84 0.47 0.58

24 21 Merkle 0.38 0.43 0.71 0.67 0.67 0.57

26 - Agilisium 0.50 0.50 0.62 0.84 0.39 0.57

27 23 HDFC Bank 0.40 0.57 0.60 0.59 0.69 0.57

28 34 CoRover 0.22 0.60 0.62 0.64 0.74 0.56

29 30 Hansa Cequity 0.33 0.59 0.71 0.67 0.52 0.56

30 31 Axtria Inc. 0.46 0.57 0.50 0.54 0.72 0.56

31 - Factspan Analytics 0.48 0.41 0.60 0.65 0.66 0.56

33 - SG Analytics 0.38 0.47 0.57 0.73 0.60 0.55

34 36 The Smart Cube 0.37 0.52 0.55 0.66 0.59 0.54

35 - Yubi 0.71 0.45 0.47 0.55 0.47 0.53

36 32 LTI Mindtree 0.49 0.44 0.51 0.76 0.45 0.53

37 43 Concentrix 0.29 0.70 0.52 0.43 0.70 0.53

38 25 Kotak Mahindra Bank 0.53 0.29 0.73 0.59 0.45 0.52

39 - Merck 0.45 0.53 0.57 0.46 0.57 0.52

40 41 Abzooba 0.45 0.46 0.74 0.46 0.37 0.50

41 - Maersk 0.16 0.55 0.57 0.51 0.66 0.49

42 38 Evalueserve 0.36 0.39 0.59 0.50 0.55 0.48

43 27 Edelman 0.25 0.39 0.56 0.36 0.82 0.48

44 - Siemens Healthineers 0.35 0.49 0.62 0.28 0.63 0.47

45 - Polestar 0.42 0.50 0.51 0.54 0.36 0.47

46 35 Jio 0.20 0.58 0.53 0.34 0.40 0.41

47 - TVS Motor Company 0.14 0.53 0.63 0.26 0.43 0.40

48 - Piramal Finance 0.20 0.25 0.62 0.45 0.24 0.35

49 - DSP Mutual Fund 0.08 0.50 0.57 0.10 0.14 0.28

50 Best Firms In India For Data Scientist To Work For - 2023

The "Learning and Support" index in the report is a measure of

The index takes into account a variety of factors including:

scientists with access to various online learning platforms such as