Why data science is the most in demand job in 2020
Why data science is the most in demand job in 2020
July 13, 2024 Comments Off on Why data science is the most in demand job in 2020Why data science is the most in demand job in 2020.
Data Science Makes Data Better. In turn companies require skilled Data Scientists to process and analyze their data. Furthermore they not only analyze the data but also improve its quality. In turn Data scientists are in high demand because that data can serve many different purposes. For example, government researchers can use data to make policy recommendations to politicians, clothing companies can use customer data to better manage the production and distribution of products. Therefore, Data Science deals with enriching data and making it better for a company. Furthermore the last 2 years have seen a significant demand for aspiring data scientists.
“According to the Africa Data Forum, there is a shortage of data science skills on the continent compared to the growing demand for data analytics. This presents an opportunity for African citizens to find employment if they are simply able to acquire these much-needed skills,” Kamel said.
Let’s take alook at the Top 3 Reasons Why Data Science Jobs Are in Demand:
1: Challenges in Organizing Data
Companies are Facing Real Challenges in Organizing Data. In turn companies have properly implemated automation and thus a back log of data logs and streams. Overall Glassdoor’s recently released report which highlights the best jobs in the IT industry. Unsurprisingly, Data Scientist Jobs is rated as the top in demand job.
“[Data analytics is] like digital: everyone’s going to need to have a base level of it.”–Bhushan Sethi
2: Competitive Data Science Salaries
According to PayScale average Data Scientist Salary in South Africa is R408,276. In turn see the image below of how South African companies are paying data scientists:
All in all Data scientists earn more than the average IT employees. 1 billion pieces of content are shared via Facebook’s Open Graph every day. Bad data costs US businesses alone $600 billion annually. 70% of data is created by individuals, but enterprises are responsible for storing and managing 80% of that. – 15 Astonishing Facts About Data Science Analytics That Everyone Should Know
Did you know? Last year, an estimated 1 trillion photos were taken and billions of them will be shared online.
3: Demand for data scientists Internationally
There are many positive career prospects for data science appearing outside of SA:
USA: According an online article, US cities have a shortage of data scientists and people with data science skills, Numbers are in the 100 000’s. Furthermore data scientist has been named the best job in America for three years running, with an average job satisfaction score of 4.2 out of five according to Glassdoor’s 50 Best Jobs In America For 2018. Furthermore this is a great time to be a data scientist. An August 2018 LinkedIn report declared that the demand for data scientists is “off the charts.” The U.S. Bureau of Labor Statistics (BLS) expects the job market for data scientists to grow at a rate more three times the national average. In addition according to job site Glassdoor also ranked data scientist jobs as the best in the United States in 2019
India: The IT gurus of the world, All in all the data scientist field is rapidly growing( by 400% since 2018). Thus Newly qualified data scientists are increasingly needed for the job market.
UK: According to online Surveys that 8/10 companies in the UK are looking for data scientists in 2020. In turn this is got to do with the data surge in all industries.
Did you know? All in all By 2020, about 1.7 megabytes of new information is created every second for every human on the planet.
How to become a data scientist?
Overall learn Data science anytime and anywhere with School of IT . You can become a internationally recognized and accredited Data Scientist in under 6 months! With School of IT you can choose either the Amazon (AWS) or Microsoft (Azure) route.
Enquire about a data science course today with School of IT