As data-driven decision making becomes more prevalent, the career of data scientist has become a new trend around the world. Every business, no matter how big or small, is seeking for individuals that can interpret and analyze data. Join Data Science Course in Chennai at FITA Academy for the best training with Placement Assistance.
Data scientist brings skill sets and knowledge from many backgrounds such as mathematics, statistics, analytics, modelling, and business acumen, and has already been proclaimed the trendiest career. These abilities enable them to discover patterns that can aid the firm in identifying new market opportunities. Here, in this blog we discuss about the query why become a data scientist?
So, here are the top five reasons to pursue a career as a data scientist.
- Increased Demand
The position of Data Scientist is generating a lot of buzz due to the increased demand for it all around the world. According to a McKinsey & Company study, the US will have 140,000 to 180,000 fewer data scientists by 2020 than it required. The demand for data science is increasing, but the supply is not keeping up. By 2020, India will require over 200,000 data scientists, compared to engineers and chartered accountants. So, what are you waiting for? Make yourself one of them, and you’ll be able to command attention.
- Unparalleled Salaries
In 2016, data science was the highest-paying field, according to Glassdoor. According to their findings, the national average salary for a Data Scientist in India is INR 6,50,000, compared to $1,20,931 in the United States. The average compensation for a Data Scientist in Europe is €52,000 per year. These salaries are much higher than those of other jobs.
- They contribute to the company’s success.
From information technology to health care, and from e-commerce to marketing and retail, they are thriving in every field. Data Scientists are crucial as trusted consultants and strategic partners to management because data is a company’s most valuable asset. They search the data for information that will help them develop their specialization, identify their ideal target audience, and plan future marketing and growth strategies.
- Field that is always changing
Data science is rapidly evolving as a result of the increased demand for data all around the world. Data scientists have a wide range of talents that can assist businesses in making better strategic decisions by utilizing data and information. They are given interesting opportunity to engage with data and experiment with it in order to come up with appropriate business solutions. Big Data, AI, and ML, as well as some newer technologies like Blockchain, Edge Computing, Serverless Computing, Digital Twins, and others that apply diverse methods and approaches within the Data Science business, are just a few of the new intriguing fields emerging within this field.
- Getting a Job Is quite easy:
Data science is booming, yet it’s the most difficult job in 2020. Businesses are in desperate need of data scientists. Demand for data scientists is high, but supply is limited. Companies from practically every area are now hiring Data Scientists, and many start-ups are relying on it to succeed. Data Science Online Course at FITA Academy will help you to grow as a successful Data Scientist.
Conclusion
Data science is a field that assists organizations in not only recognizing their markets and making better decisions, but also in getting closer to their customers in order to provide them with effective services. Data Scientists are superheroes who use their superpowers to collect, clean, and organize data. Those who want to be a Data Scientist must be willing to put in a lot of effort and deliver substantial results. I hope this blog may solve the query like why data science.