Data Science was named as the ‘sexiest job of the 21st century‘ by Harvard Business Review in 2012. It also topped as the ‘best job of 2016’ on Glassdoor. What makes the profile so appealing worldwide? Let’s find out.
Data science is all about using automated methods to analyze massive amounts of data and to extract insights from them. Essentially, data science is about using a large amount of data organizations collect to gain new insights, identify trends and find ways to streamline business practices, accordingly.
As the customer base keeps expanding, the businesses expand as well, resulting in massive amounts of raw data, which is required to take efficient decisions and action.
Rising demand for data scientists:
The big data movement has become mainstream in the past years and with it, the demand for data scientist has risen significantly. Businesses are increasingly looking for ways to use the massive amounts of data they are collecting and storing to gain new insights. As the data keeps on piling up, businesses are hiring more and more data scientists to analyze this data and provide fruitful insights about the trends and interests of the customers. This has made data science an in-demand job in the current market.
Wide range of choice
There is not a single field where data is not required; from finance to e-commerce, data has made its way into multiple levels of various fields. The common feature between the data from all these fields is that the data collected initially is always complex and filled with mistakes. Data scientists clean this data and help use it for the greater good of the organization.
Data science can be applied to diverse fields irrespective of the kind of business. Various industries such as healthcare, manufacturing, retail, education, and public administrations have discovered the significance of data science and are hiring data scientists to help them make better (and better-informed) decisions by analyzing data.
Interesting data mining fields
Facebook, Twitter, Instagram, YouTube etc. are at the peak and will keep on expanding as long as data science helps them earn a huge amount of money through social network analysis. Every social networking site earns money mostly through advertisements, personalized advertisements to be accurate. They earn significantly due to their targeted ads, which are a result of rich data about each user. The credit for this goes to their data scientists who turn that rich data into real business value as the best ad-personalization product available.
Apart from social networking sites other data-driven companies such as Google, Amazon, Microsoft, Walmart, and eBay have added to their earnings by the efficient use of data science.
Better job market
Although the demand for data scientists keeps on rising, there is a shortage of data scientists in the market. This means if you are a data scientist, you won’t have to struggle to find a job in a good company.
As data is piling up by the minute, almost every company is eager to hire a quality data scientist to analyze their data. This gives you an opportunity to even negotiate your perk package according to your lifestyle, which almost every other job title lacks. This rising demand for data science in companies has increased the salaries for data science professionals and has made data scientists the most sought after jobs of the 21st century.
The main attractive trait of this job is that it’s fun. Data scientists are inventors – they are responsible for new discoveries. They can spend hours analyzing complicated data and find it intellectually satisfying. Manipal Global Academy of Data Science offers extensive training in data science through several big data analytics courses and big data Hadoop training courses. Enroll for one if you want to have the sexiest job of the 21st century (which will probably remain the sexiest job for many more centuries to come!)
Know any other reason that makes it such an attractive choice of career? Share it with us in the comments section!
Manipal Global Academy of Data Science offers cutting-edge learning solutions in the field of data science. MGADS faculty comprises of academicians, data science experts, and IT professionals to guide you in today’s competitive environment. If you are keen on becoming a data scientist, MGADS will equip you to do the same.