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The report is based on inputs from 96 companies, which have a GCC and employ 57,500 professionals across sectors that were either established last year or expanded operations. The study further revealed that the demand for software engineers has particularly gone up at the GCCs in the past year.
Needham analyst Mike Cikos reiterated a Buy rating on Snowflake Inc (NYSE: SNOW)
PRNewswire New York [US]/ London [UK], August 31: KX, the global pioneer in vector and time-series data management, has announced the native availability of kdb Insights and kdb Insights Enterprise on Google Cloud Marketplace. Representing a significant milestone in KX's partnership with Google Cloud, customers can now accelerate AI, machine learning, IoT automation, and generative AI-powered applications on Google Cloud. With native support for Python, SQL, and the ability to process time series and vector data in real-time, KX's technology gives data scientists, data engineers, and a...
Salary increases for tech recruits have decreased by more than half in the past year due to a hiring slowdown across the tech industry. Companies are no longer desperate to hire candidates with high-end niche tech skills at any cost. Average salary increases have fallen to 35-40% from 50-100% for roles such as full-stack engineers, data engineers, front-end engineers, SRE/DevOps, data scientists, and back-end engineers. This marks a significant slowdown from a year ago when candidates had multiple competing job offers.
Leaders should better understand DBaaS offerings in order to fully embrace the potential for the role evolution of DBA to data engineer.