Data is the oil of the 21st century and analytics is the ignition engine. The role of a talented data scientist is to transform data into information and information into actionable insights. A famous Indian entrepreneur opines that shortly, Big Data will replace 80 % of all doctors. There exists the boundless potential for Big data applications and its chariot bearers, the Data Scientists as we enter into a new realm filled with unimaginable applications for the analysis of raw data. Data Science certifications are the most sought after courses by millennials looking to tap the future of Big data.
Reasons for Data Scientists for Being in Huge Demand in 2020
- High Demand for less talent pool
Organizations have a huge demand for talented players in Data Science, which is now considered the hottest property in town, maybe next to Madison Square, NewYork! Data Scientists with knowledge in Machine learning, Artificial Intelligence, and Big data are now scarce to recruit by top business conglomerates.
- Energy Markets
Every big name in the Energy market is hunting for data-driven profiles to enhance their decision-making process and increase efficiency to higher magnitudes,
- Consultancy firms
Big Firms like Mckinsey and Bain are soaking in a large number of talented data scientists and data engineers from the emerging economy countries who have completed a data science course from XLRI, a reputed institution in the Asia Pacific region to assist their clients to make efficient use of their data.
- Tech Companies
Big tech names such as Facebook, Google, and Amazon require business knowledge to comprehend and solve problems. Manipulation of data requires statistical and computer programming skills, which Data Scientists are notoriously famous for. Data science certification is a great way to enhance and hone our existing skills and this can be a way to validate your skills to hiring managers.
- Salaries
Data Scientists are paid the highest average salary starting from $120 grand per annum, which is miles above the national average. In developing countries such as India, where big tech companies have research campuses, highly skilled candidates who completed Data science course from XLRI are locked in an intense competition to land jobs for entry-level and senior Data Scientist positions because of the huge potential of the Big data and allied fields market and a chance to earn handsome remuneration.
The Beauty of Being a Data Scientist
- Data Scientists are responsible for building and implementing technologies that are revolutionizing the whole manufacturing and services market. Among the spectacular technologies are Autonomous vehicles and Advanced Image Recognition tools.
- Advances in AI are widely anticipated to be beneficial to human societies. Data Scientists will be steering the wheel that shapes our modern technological societies.
Final Thoughts
Data Scientist careers in conjunction with Machine Learning is an exciting field to work in and have endless applications. EdTech companies are offering Data Science certifications to interested learners that can provide a level playing field when it comes to securing a job in this highly competitive field.
