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Data Science jobs are one of the fastest-growing jobs across the globe
Posted: Jun 21, 2021
The recent market has observed a significant amount of growth in the jobs of Data Scientists. Reason: the increasing demand, job responsibilities, and the lucrative salary that it offers.
According to a survey made in 2018, 2019, and 2020, employers and recruiters have a high penchant for technologists and they are recruiting them in a high quantity. You may wonder, some of the highly paid jobs aren’t just the jobs of engineers, doctors, or lawyers, but are of Data scientists. Yes, Data Science is one of the fastest-growing jobs across the globe.
In this article, we shall discuss Data science, the job prospects, and how to become a data scientist.
What is Data Science?
Data Science is an interdisciplinary field using scientific methods, algorithms, and machine learning with skills and insights to extract and derive useful information. This information can be put to use in various sectors of the industry, to increase sales, to take important decisions, and many more.
Data Science – from 2014 to 2021
Being an umbrella technology, Data Science has a huge scope and comprises many vital aspects of an organization's operational activities. The journey of Data Science over the past few years (2014-2021) has been very interesting. The pandemic year has however dedicated more to its growth due to an increase in the remote jobs. Over the past few years, Data Science has grown so much and there is no denying the fact that it has emerged as a domain with one of the best job opportunities in any part of the world (though the US is its biggest market).
According to a 2017 report by IBM, in the year 2016, the data-centered skills saw a significant growth of more than 40% in average, for jobs such as, Clinical Data Analysis, Quantitative Data Analysis, Data Visualization, Data Engineering, and Machine Learning. The average salary for these jobs at that time was above $105K. The report further suggested, in 2020 the number of positions for data and analytics talent in the US will increase by 364,000 openings to 2,720,000.
Today, Data is generated in huge amounts and there are many companies like Uber, Facebook, Google, and more that require Data Scientists to grow their business and to handle the colossal data with increased proficiency and higher accuracy. As per the Executive Chairman of Google, the amount of data produced in the present two days is roughly equivalent to the Data produced from the beginning of human civilization to the year 2003. This? is great news to the aspiring Data Scientists.
Future trends of Data Science jobs
Data Science has been termed the hottest job of the 21st century. There is no controversial fact that this job is going to hit many sectors in the coming years. Being a multidisciplinary field as it is, Data Science is a growing industry and has been amalgamated into many sectors such as finance, Marketing, Data intelligence, and others. A collaborative product of many technologies like Artificial Intelligence, Deep Learning, Machine Learning, Internet of things, and whatnot, Data Science and Analytics has grown a lot. Let us look at the career and job trends of Data Science in detail.
Decision Intelligence- We all have heard of Artificial Intelligence. Artificial Intelligence is a closely related branch of Data Science. Many big and elite companies are utilizing this technology?in loads. However, besides Data Science and Artificial Intelligence, another technology that is going to create a boom is Decision Intelligence which is also a subset of Data Science. Decision Intelligence implies making use of Data and machine learning to get the desired insights and finally make a decision based on these insights. A rough estimation suggests that as many as 30+% global organizations will make use of Decision Intelligence regardless of their domain.
Data Science Security professionals?- With a rise in Artificial Intelligence and Machine Learning, the increase in the job roles for Data Scientist in the IT and other tech industries. Besides these Data Scientists, the demand for Data Science Security professionals is also rising. These professionals are proficient with machine learning, algorithms?, computer science and they can handle enormous amounts? of data, analyze it and process it securely. Besides these mentioned? qualities, the person should also know Python well enough.
Data Analytics- Due to the evolution of Big Data Analytics, the demand for Data Scientists has risen to many folds. Big enterprises and companies are looking for individuals who are well versed in Python Data analysis. The use of predictive Data Analytics has benefitted the companies a lot for identifying the trends of customers' interests and helping the companies to increase sales.
Industries- There are various non-tech industries where the need for Data Science is increasing day by day. It is estimated that by the next decade, as many as 30-50% of big companies will make use of Data Science in one way or another. So, we cannot deny the fact that Data Scientist is the "hottest job of the 21st century".
How can you become a Data Scientist?
To become a Data Scientist, you should have a deep interest in Mathematics, algorithms, Machine Learning, IoT, and Statistics. You should know how to derive information from structured and unstructured data to help in the decision-making process of the industry. There are ample amounts of Data Science Certification programs available at various prestigious institutes. Below mentioned are a? few reputed institutes where you can pursue the course-
United States Data Science Institute- The United States Data Science Institute (USDSI™) provides technical certifications for aspiring Data Science professionals. There are various certification courses available, both for newbies and senior Data Scientists.Harvard University, MassachusettsStanford University, CaliforniaMIT, MassachusettsUniversity of California, Berkeley CA
In a nutshell, Data Science is one of the hottest domains that is surely going to land you in a lucrative job. Adding on, the demand and the job responsibilities will only grow shortly. So if you are an aspiring Data Scientist or are interested in pursuing a certification course, you should go for it and bag yourself your dream job in a reputed company.
Usdsi provides the latest, most advanced and prestigious data science certifications and is a global leader in Data Science educational transformation.