Top 10 Companies Paying Data Analysts Six-figure Salaries in 2023!

Data has been produced in all industries due to the development of technology. Without data analytics, businesses cannot comprehend how to examine data before developing good plans. Some companies will pay data analysts six figures in 2023 due to the industry’s outstanding growth.

A variety of data analysis methods are used in data analytics to create insights that can enhance decision-making. Data analysts use tools to increase the accuracy and efficiency of their job as they collect and analyze data to solve challenges.

These professions are in high demand and are growing at an increasingly rapid rate. Around 53% of senior data analysts make six figures a year, compared to an entry-level data analyst’s compensation of about $40,000. Below is a list of the top 10 employers paying data analysts six figures in 2023:

1. Accenture Analytics

Accenture Analytics is a Fortune Global 500 firm offering services like application development, software development, blockchain, supply chain management, SAP, operations, etc.

One of the top providers of machine learning and artificial intelligence in the data analytics industry, they offer a service for data analytics solutions to support organizations. With an average yearly compensation of roughly Rs. 6.7 lakh, the company pays between Rs. 4 lakh and Rs. 11 lakh.

2. AbsolutData

With a focus on market research, CRM analysis, big data analytics, and visualization, AbsolutData is a US-based business. The Decision Engineering technique, which is one step above the conventional analytical approach, is supported by this data analyst company.

At AbsolutData India, data analyst salaries range from 6.0 Lakhs to 10.5 Lakhs. Our calculations show that it is 110 percent higher than the typical analyst salary in IT services and consulting firms.

3. IBM

Advanced data analytics and AI are provided by IBM Business Analytics together with an integrated workflow to support the implementation of wiser, quicker, and more accurate data-driven choices.

One of the leading data analytics providers, IBM is well recognized for its work on the Edison electric car project and TD stock market analysis. Data analyst salaries range from Rs 3,73,000 to Rs 9,00,000 annually.

4. iTechArt

The data analyst business iTechArt offers real-time and predictive data analysis services. Startups and medium-to-large businesses can benefit from the optimization of their data analysis process provided by this customer-specific software development company.

The iTechArt company culture is anchored in diversity, growth, and rewarding devoted workers. In iTechArt, a data analyst makes an average income of Rs 3.6 lakh.

5. Tableau

Tableau is a data analytics firm based in the US. It provides resources for data visualization organization. The business specializes in data visualization and business analytics. The average yearly income for a Tableau Analyst in India is 6.0 Lakhs, with salaries ranging from 2.5 Lakhs to 10.3 Lakhs.

6. SG Analytics

The global insights and analytics firm SG Analytics provide data-centric research and services for contextual analytics.

One of the top data research and analytics firms, it offers data-driven advisory services focusing on market research, investment, and data analysis. At SG Analytics India, an Associate Analyst may earn between 3.5 and 5.4 lakhs.

7. Ernst & Young

One of the “big four” accounting firms is Ernst & Young. This business excels at offering financial advisory and consulting services and has a sizable clientele.

They have a dedicated group of data analysts working on initiatives that support the development of sustainable infrastructure for businesses all around the world. The compensation range for a data analyst at Ernst & Young(Twitter) India is between 4.0 Lakhs and 12.0 Lakhs.

8. Oracle

One of the oldest corporations in the world and one of the most well-known technology companies now in existence is Oracle. The business offers various IT services in addition to market-dominating software services.

They have data analytics tools to help enterprises. It makes use of machine learning and supports data analysis for numerous businesses. With an average yearly pay of 5.9 lakhs, the Oracle Data Analyst salary ranges from 3.2 lakhs to 14.0 lakhs.

9. Citrix

One of the world’s most excellent software and data analytics firms, Citrix is renowned for its innovative work environment and data analytics know-how. Over 4 lakh customers use the company globally. A data analyst at Citrix may expect to make between Rs 6 lakh and Rs 12 lakh per year.

10. Fractal Analytics

A US-based data analyst business called Fractal Analytics is credited with transforming the “software as a service” industry. Artificial intelligence and data analysis are its two main offerings.

They work in various sectors, including technology, healthcare, and many others. For experience between 1 year and 5 years, the average Fractal Analytics Data Analyst pay in India is 9.7 Lakhs.

The content in this post is strictly the author’s opinion, not financial advice, and is only being made available for educational purposes. By doing so, you acknowledge that the information is not intended to serve as investment advice or financial guidance.

Before making any investment decisions, be sure to do your research and consult with financial professionals. Stay tuned with us here at Domaintrip.com for the latest news and information.