The internet currently has approximately 6 billion devices connected to it, and the system generates data at an astonishing rate of 2.5 million terabytes per day. Estimates show that these figures are going to increase by 2020 steeply, and about 12 times the present quantity of data (about 30 million terabytes) will be generated every day. These figures are fascinating, to say the least. And the numbers call for more advanced technological solutions to handle and derive benefit from the massive amount of data that will be generated.
The popularity and relevance of data-driven decision making and technologies associated with it like Artificial Intelligence and Automation are steadily on the rise. This is the reason why trends of being a data scientist are swiftly and consistently on the rise.
In the present scenario, many organisations, both big and small, look for employees who are skilled in managing and analysing data. This is because the skills can be used to gain useful insights from a rather haphazard set of data, which can be used for the growth of the organisation, and identify exciting new opportunities in the market.
There are many reasons which can easily convince you to pursue a career as a data scientist. Here we are going to discuss some of them.
Huge demand for data scientists
The demand for data scientists has reached to such a level, that there are more vacant positions than the number of people qualified enough to fill them. As a matter of fact, according to statistics from IBM, the demand for data scientists will increase by upto 28% by the year 2020. This indicates that if you get yourself certified as a data scientist from a reputable institution, or even do an online masters in data science from institutes like James Cook University, there will be no issues in getting the placement of your choice.
Data has the power to fuel the future
For quite some time in the past, technological advances were mainly brought about by improvisations in hardware. There was always an effort to increase the processing power of computers and machines to get the most out of the existing technology. But since conventional hardware has its limitations, the focus has shifted to software-driven applications, and data forms an integral part of the process. Data has rightly been called the oil of the digital economy and has the power to propel the future. Data scientists can use the humongous amount of data available to come up with novel and unique technological solutions.
Wide variety of career options
Advances in computing power and digital storage have opened up amazing new possibilities which were beyond our imagination a decade ago. This has created many responsibilities, which are also translated into a wide variety of career options. Some of the standard job titles are Analytics Engineer, Analytics Manager, Big Data Engineer, Business Analyst, Data Architect etc.
Scope of value addition to the business
Data science is a booming trend in an evergrowing number of disciplines. From IT to healthcare, and from robotics to nanotechnology, there is a presence of some process of data handling to make progress based on already existing information. The insights gathered from processing the data is also used to devise innovative marketing strategies. This pursuit of innovation is a definite value addition to organisations in particular and societies at large.
Apart from the points mentioned above, the lack of competition is also a reason why going for a position as a data scientist can help you get your dream job quickly. So why wait? Get certified and be a part of the hottest buzz in the tech industry.