Sr. Research Analyst - Software

IDC Research Inc.; Bengaluru; Hybrid; INR 1,500,000 - 2,400,000; Full time

Benefits offered by this job

Hybrid work model

Competitive benefits

Flexible hours

Global holiday: 24 Dec–1 Jan

Career growth

Job summary

IDC Research Inc. in Bengaluru is seeking a Senior Data Analyst to own vendor modeling and market sizing within the HR software/ERM space, collaborating with domain leads to ensure data quality and actionable insights.

The role emphasizes leveraging Excel, Python, and Claude AI to automate research, validate data, and produce reliable forecasts, while fostering cross-team collaboration to align methodologies.

Qualifications

• Bachelor's or master's degree in business, Economics, Statistics, Computer Science, Data Analytics, or another relevant discipline.
• Professional certifications in data analytics, AI, or market research are an advantage.
• 5+ years of experience in market research, technology/software research, data analytics, or financial modeling.
• Experience in software industry research and vendor-level analysis is preferred.
• Strong Excel and data analysis skills with large datasets.

Responsibilities

• Vendor Modeling & Reconciliation - Own vendor models, revenue analysis, data reconciliation, and validation.
• Market Data Leadership - Take ownership of assigned software markets and vendors.
• Systematic Data Creation & Methodology - Develop methodology-driven data collection and validation practices.
• AI-Driven Research & Automation - Use Claude and Python-based automation to improve efficiency.
• Market Review & Stakeholder Collaboration - Coordinate with domain leads during reviews and ensure alignment.

Skills

Data analysis

Vendor modeling

Market sizing

Forecasting

English communication

Collaboration

Independent work

Attention to detail

AI tools (Claude)

Education

Bachelor's or Master's in a relevant field

Tools

Excel

Python

Claude AI

Job description

Overview

About the Role & Team

This position is critical to the success of the team, as the Senior Data Analyst will take ownership of key software vendors within the Human Resources Application Software market or similar ERM market and contribute to the overall market sizing and forecasting process. In addition to vendor-level research and modeling, the role will work closely with domain leads to coordinate and validate market data to report overall market performance during market size and forecast reviews, ensuring consistency and quality across the research.

What You’ll Do

• Vendor Modeling & Reconciliation - Own vendor models, revenue analysis, data reconciliation, and validation to ensure accuracy and consistency of vendor-level estimates.

• Market Data Leadership - Take ownership of assigned software markets and vendors, providing market insights and supporting overall market size and forecast development.

• Systematic Data Creation & Methodology - Develop and maintain structured, methodology-driven approaches for data collection, estimation, validation, and creation across software markets.

• AI-Driven Research & Automation - Leverage AI tools such as Claude and Python-based automation to improve data research, extraction, analysis, validation, and overall modeling efficiency.

• Market Review & Stakeholder Collaboration - Work closely with domain leads and research teams during market size and forecast reviews, coordinating market performance analysis and ensuring alignment across vendors, markets, and methodologies.

What You Bring

• Bachelor’s or master’s degree in business, Economics, Statistics, Computer Science, Data Analytics, or another relevant discipline.
• Relevant professional certifications in data analytics, AI, or market research are an advantage.
• 5+ years of relevant experience in market research, technology/software research, data analytics, financial modeling, or a related field.
• Experience in software industry research and vendor-level analysis is strongly preferred.
• Strong proficiency in Excel and data analysis, with hands-on experience in vendor modeling, data reconciliation, market sizing, forecasting, and working with large and complex datasets.
• Experience with Python and AI tools such as Claude for research, data creation, validation, and automation is highly desirable.
• Strong understanding of software markets, vendors, products, and industry dynamics, with the ability to develop systematic, methodology-driven approaches to data collection, estimation, validation, and market analysis across multiple software domains.
• Strong analytical and problem-solving skills, attention to detail, intellectual curiosity, ability to work independently, and strong collaboration skills.
• Ability to work with domain leads and taking ownership of vendor and market deliverables.
• Excellent level of English language and communication skills.

Why This Role Stands Out At IDC, your work helps shape how the world understands technology and where it goes next. You collaborate with curious, high-caliber colleagues who value rigor, integrity, and shared success. As the premier global provider of trusted technology intelligence, IDC equips business and technology leaders with the evidence they need to make confident decisions. Our insights inform strategy, investment, and innovation across industries and regions.

Recognized by IIAR as Analyst Firm of the Year for five consecutive years, IDC sets the standard for credibility and impact. With more than 1,000 analysts worldwide and a truly global perspective, we combine deep expertise with practical relevance. Here, your ideas matter, your voice is heard, and your contributions provide the insights leaders rely on every day. It is meaningful work, backed by a culture that supports growth, collaboration, and long‑term career development with a globally respected brand.

What We Offer

• A competitive benefit package with additional companywide (1 day in the summer and global shutdown from 24th Dec to 1st Jan).
• Career Growth: Clear pathways for professional development and advancement within the company.
• Work Flexibility: Hybrid work model with a mix of in-office and work-from-home days, along with flexible working hours.
• Supportive Culture: Join a team that values innovation and promotes a supportive and collaborative environment.
• A position in highly professional and globally respected market research and advisory firm, where initiative leading to results is rewarded.

Equal Opportunity Employer

IDC is committed to providing equal employment opportunities for all qualified persons. Employment eligibility verification required. We participate in E-Verify. #LI-PC