7 Reasons why Data Science is having great demands this year
If you had been in the job seeking phase a decade ago, you might have considered data science as an irrelevant field for yourself. Now fast forwarding time to the current scenario, data science is one of the most lucrative job industries around the globe. People are switching their career profiles to data science in an effort to earn more and live a desirable lifestyle.
This is evident that data science is a hot topic right now. But what are the reasons responsible for this phenomenon? We have compiled a list of possible reasons concerning an exponential rise in demand for data science professionals in 2018.
Companies are desperately relying on Information
Due to evolution in technology and advent of automation, the companies are relying on data to define their business strategies. The main challenge arises when they are not able to utilize enormous data effectively. Here comes a data scientist who will be able to collect, compile, analyze, interpret, discover, and curate a solution for the company. This organized data or information can be used by companies to facilitate their business proceedings and in-house development.
Shortage of Skilled Professionals
As the scope of data science is rising exponentially, the same is not true with the skilled professionals. Thus, there is a dearth of qualified and experienced professionals in the data science field. You can apply for data science course to gain comprehensive knowledge. After working on some projects and gaining necessary experience, you may enter the industry to fill the demand.
Job Profile Looks Fascinating
Data scientists are sought by the biggest companies of the world, including Facebook, Amazon, Google, and others. Thus, the demand for data scientists confirms that it is one of the most lucrative and fascinating jobs. Even Harvard termed data scientist as “the sexiest job of the 21st century”. If you want to enjoy the privileges, including social recognition, you should opt for a career in data science.
Easy to Switch Career
Since data science incorporates multiple domains such as business management, analytics, customer interaction, etc; people from these domains can easily switch to data science. If you have a knack for problem-solving, data science will surely entice you. Obviously, you need to follow right steps, spend time working on projects, and possess patience and eagerness to develop a firm stand in the industry. There are various online courses available for the candidates.
Scope in Every Industry
From healthcare to agriculture, data science finds application in each and every industry. This is because information is the driving force behind every decision. To take feasible decisions, you need to rely on data. Thus, data scientists are required in every industry. Whether it’s designing the search algorithm for search engines or developing weather forecast application for disaster management; data science is the key.
High Earning Prospects
Since there is a shortage of trained professionals in the industry and the demand is considerably high, companies are willing to pay handsome salaries to the deserving candidates. Initially, you may not get lucrative offers but once you gain enough experience, there is no looking back for you. And if you are born talented and you are a quick learner, you might land a high-profile job early in your career.
Diversified Roles as a Data Scientist
Data Science is a broad category. There are numerous categories of data science such as data scientist, data analyst, BI analyst, statistician, data engineer, business analyst, data architect, database administrator, and so on. Your job profile will be based on your preference and the work experience that you gained during your stint as a data scientist.