With experts having deemed Data Science as the “sexiest job of 21st Century”, it has become a lucrative career option for people across all walks of life. Data Science job roles aren’t just innovative and challenging but also have high salary packages. The major question that arises here is why is Data Science so crucial? And most importantly, why learn Data Science?
Now, let’s look at the reasons that made Data Science the hottest job role in-demand.
Understanding the Scenario of Data Science:
The job role of a Data Scientist is the most sought-after career profession in this 21st century. If you are wondering what made Data Science so relevant today and why Data Science jobs are high in demand then the answer lies in the unprecedented growth in the usage of data. Every business generates data as a part of their business activity and this data has become the new oil that fuels the business development process.
Extracting value out of their existing reserves of Big Data will not only be revolutionizing companies but will also give them an edge in competition. To make the most out of their Big Data reserves enterprises need the presence of skilled experts who are capable of handling, managing, analyzing, and understanding trends in data. This is exactly where Data Scientists have become crucial.
Data Scientists are the skilled Data Science experts who are having multidisciplinary skills. These professionals can play with Big Data at the tip of their fingers.
Why Data Scientists Salaries are so High?
It is easy to answer this question which is the huge discrepancy in the growing demand and supply of Data Scientists. The global analytics industry is facing a dire shortage of skilled Data Science experts and amid the growing demand for Data Science professionals, companies are offering exclusively high salary packages for the skilled Data Science experts.
Why Learn Data Science?
Let’s analyze the reasons that make learning Data Science very crucial.
- A Fuel of 21st Century
As the world is moving towards digitalization, data has become the new fuel. Data has become the new driving force that is helping enterprises in making revolutionary leaps forward. When it comes to extracting value from Big Data, there’s no other tool or software, or technology better than Data Science. Today, we can find the applications of Data Science across the industry verticals like IT, Healthcare, Banking, Insurance, Telecom, Defence, Scientific Research, Education, Government, and many other sectors. So, it’s well clear that one can get easily employed by mastering the skills in Data Science. You can develop job-centric skills in Data Science with Data Science Training in Hyderabad program by Kelly Technologies.
- Problem of Demand & Supply
As mentioned above, data is being generated at an unprecedented growth but there aren’t enough resources to extract a value out of the abundant data that is being generated at large. This means that there’s a short supply of skilled candidates who possess the skills to help companies utilize the benefits of Big Data to its full potential. The shortage of Data Science talent and the abundant growth in data usage is compelling enterprises to pay exclusively high salary packages for the skilled Data Science professionals.
If believed to the stats, there are more than 2.5 million job vacancies in Data Science all over the world. Post the COVID pandemic, there’s going to be further surge in the demand for Data Scientists as more enterprises would be relying on Data Science to get their economies back on track.
To prepare yourself for the high-paying Data Science job roles you need to learn Data Science and its underlying fields. As Data Science is multidisciplinary in nature, to excel in a career in this field, one needs to develop skills in several sub-fields including Statistics, Mathematics, Computer Science, Programming, and Machine Learning.
- Data Science is the Career of Tomorrow
As industries are becoming more data-driven, Data Science is going to play a crucial role in the business development process. Business stakeholders will be relying on Data Scientists to make strategically accurate decisions and help their business make revolutionary leaps forward. Data Scientists will become an integral part of enterprises business development process and would directly involve in their decision-making process.
From the above article, it is well clear that learning Data Science can make your career recession-proof. This is the perfect time to get started with the process of developing skills in Data Science and there are many online and classroom-based training programs to help you in this regard. The Data Science Course program by Kelly Technologies has become the choice of preference for budding Data Science career enthusiasts. This course helps in developing skills in Data Science right from the basics of programming with Python & R to advanced concepts in Machine Learning and Artificial Intelligence.