Data Science Career
Data Science Career: What is the future of data science?
Data Scientist Careers which encompass fields such as data science, machine learning, data analytics has a very promising future. There is massive scope within this field however there is a massive shortage of human resources within this area. If you have good knowledge, gained some sort of certification and practical experience there is nothing that can stop you from getting hired in one of the many data scientist careers. Recruiters and HR professionals within organizations are desperately looking for data science professionals.
Now lets try to understand why those pursuing any of the various data scientist careers on offer enjoy such a huge demand in the market both in terms of opportunities and consequently salaries. The short answer is that over the last 10 years or so there has been a large explosion in the amount of data generated and retained by organizations. As already alluded almost every company or business today relies heavily on data thus giving rise to a massive demand of qualified and experienced professionals within a variety of data scientist careers. With more and more data being captured across the globe then ever before – (in the world at the current time over 2.5 quintillion bytes of data are produced every day, that is a lot of data!) the demand for those with data scientist careers to extract valuable insights from that data is going to only grow. Below are some crazy facts from Seedscientific illustrating how much data is created everyday. There are 27 amazing facts….
So what are the ways in which those in various data science careers will be shaping the future? Given that the amount of data generated will become bigger with more prominence of IOT devices for instance. Therefore businesses will require an increasing number of data scientists to analyze that data and obtain crucial insights from it to have a competitive edge. Hence data scientists will be one of those future jobs that will help businesses make progress in the long-term.
Data privacy regulations will continue to stay. With the emergence of GDPR in Europe – (General Data Protection Regulation) companies have become more reliant on data scientists due to the need of real time analytics, and the responsible storing of data. One feature of GDPR allows consumers to request that businesses delete some types of data which implies that businesses should understand where and how such information is stored. Nowadays people are becoming more and more cautious about giving up their personal information as people realize that data breaches happen and that this can lead to severe consequences. Given this fact businesses can longer afford to treat that data irresponsibly. In this situation data scientists are and will be playing crucial roles in helping businesses use the data they collect in a way that aligns with privacy stipulations. Data science will be evolving.
Careers that don’t come with any growth potential stay stagnant however when it comes to data science there is a big range of opportunities to evolve both in the present and in the future. Within the realms of data science tailored algorithms will become more important. For instance based on a companies individual goals data scientists are capable of creating an individual data strategy aimed at business success. With the further development of algorithms, advanced functions will be created in order to deliver automated solutions and provide feedback to data scientists as data is collected. Obviously feedback will have little or no value without analysis and insights of what has happened and what will happen. To obtain a competitive advantage, businesses will have to remain better-informed and shape their strategies accordingly and this demand will keep on making the data scientist as one of the hottest jobs in the future.
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Data Science Career