Anyone passionate about working with data can learn data science. It is always the intent that motivates the goal to learn.
Are you someone who is interested in learning about data? Do you want to explore and analyze data to draw conclusions and insights to add to an organization’s growth?
Are you interested in learning and adding data science to your resume?
Do you want to make a career in the hottest field of the industry?
If your answer to any of these questions is Yes, then you should begin your journey in it and do wonders with the power of data. There is no chance of delay. In 2023, make the most of data and begin your career as a data scientist.
With the technology advancements and the globalization of businesses, it is a more relevant field than ever. Companies now rely on data more than ever to make informed decisions about how they should operate their operations.
What is Data Science?
It is a field that captures and works with data to make insightful decisions based on information. It involves a combination of scientific algorithms and systematic processes to uncover unstructured data into actionable structured data.
Why is Data Science important?
Without it, making informed decisions for companies of all sizes, but mainly the larger organizations, would be difficult. It explore the data, collect them and uncover them for every trend area of the business. They mainly help C-executives and business leaders make decisions backed by data that helps them grow their businesses and make the best possible decisions for their customers.
Today, businesses depend purely on analytics and metrics. Without this having a clear picture of the business ahead would be impossible. It is essential for all businesses because of the value and insights it provides them with.
Top 5 reasons to learn Data Science
Renowned as the “hottest job of the 21st century”, Data science is the buzz in the It industry. Data science is the future of AI. It is a combination of knowledge of various tools, algorithms, and statistics that are leveraged into uncovering various trends and patterns to draw insightful information that could be of great use to grow a business. Data science is revolutionizing how businesses operate and use their data to make operational decisions more efficient and profitable.
You probably must be wondering what has fueled this growth. The answer to the exponential growth of data is that we use and produce large volumes of data daily. This has fueled the data science that is driving business and industries today. Today businesses and industries need professionals who are equipped with the knowledge to handle, manage, analyze and understand the data.
Let’s look at the 5 reasons why you should consider a career in data science-
- High Demand Career
As mentioned above, that data is the fuel driving businesses ahead. The hidden trends and patterns of data help businesses develop actionable insights that hold power to transform the way they operate. Companies are proactively looking for data scientists who can process the uncovered data and put them into action. Data science is the third most in-demand tech job in the US. It has great earning potential and thousands of job openings; it is a highly sought-after career choice.
In every industry, whether healthcare, BSFI, FMCG, education, entertainment or government, people are looking for ways to make their business more efficient and consumer-centric. And since the companies now realize the importance of data, it has created a need for data scientists across the businesses, and it will only surge more in the coming years.
- High Earning Potential
Data scientists get paid highly. But why? It is because of the skyrocketing demand for data scientists. According to reports, the average salary of a data scientist ranges from 800,000-10,00,000 per annum. In contrast, the one at a senior level has a salary range of 20,000,000 per annum.
As per a report in 2018, the average hike in the analytical profession in India is 50% more than in other professions.
- Multiple Openings
Data science is thriving right now. Companies are searching for people with data science skills as the demand and supply ratio is very low.
Not only is the supply low, but also there is a shortage of people who are well-equipped with the skills required to keep businesses ahead of the competition. According to a study, 40% of data scientists have less than 5 years of experience. Thus, there are multiple openings but fewer people to fill the positions. According to the US Bureau of labour Statistics, data science gives you access to a diverse range of Job opportunities which include-
- Data Scientists
- Data Analyst
- Data Engineer
- Data Architect
- Business Analyst
- Software Engineer
- ML Engineer
- Highly Prestigious Career
Data science is all about solving business problems by using Data. The business problems now are much larger than they used to be in the past. The ability to think analytically and address problems correctly is a skill of the hour. Companies now rely on data scientists’ expertise to help them make smarter choices and drive better business decisions. Thus making it an important and prestigious position in an organization.
- The Global Career
Data science is evolving enormously because of the bulk data produced. Businesses are now becoming more data-driven and innovative every day. According to an estimation, one person creates about 1.7MB of data every second.
Thus businesses need data scientists to collect and analyze them to create better products. Data science has the power to develop better products and personalize the customer experience in the future.
Data science is helping businesses find new opportunities to grow and make better decisions. It also acts as a bridge between the customers and businesses to work more closely and serve them better. Data science has the power to transform industries and society. With so little supply of specialized data scientists and the rapid demand for them, it has become a lucrative career.
Are you looking for a career in Data Science?
FunctionUp’s Data Science course is an integrated program in AI and data science which will prepare you for exciting career opportunities in data science. Master the field of data science and work with core technology frameworks for analyzing big data. You’ll learn
- Developmental and programming Frameworks
- Process massive data
- Develop expertise in complex data science
- Implementation using R
- Statistical processing
FunctionUp’s data science program is exhaustive and a door to take a big leap in mastering data science. The skills and learning by working on multiple real-time projects will simulate and examine your knowledge and will set your way ahead.