"Data is a new gold mine!" This statement is important for today's business world. The current enterprise sector is primarily based on data-driven decision making operations. You may be surprised to find that about 2.5 quints of data is generated each day. This is definitely a huge amount, isn't it! Now think about what happens if you owe something to the system or any other problem, all of this data will be lost. For the enterprise it will be a huge mess and will cost them a lot. This is a key reason why data scientists have basic needs in the job market. In fact, what is the working file of the "data scientist"? It has been declared the most professional profession in the 21st century. From the time that suits you, you will grow and build a career that you will be proud of.
Wide acceptance of data science
As big data is implemented in almost all areas of our lives and in the near future, no business organization can ignore the importance of data science. If they do, they are highly likely to fail in the competition. Small companies with enough data processing skills will overcome big companies with limited data knowledge and experience. Even start-ups have not lost any opportunity to make data-based decisions. The business community has a good understanding of the relevance of data science in modern contexts. If you can use scientific methods to examine and calculate this intensive database, it can help organizations draw meaningful conclusions, which directly means better business decisions, more profit, and higher return on investment.
More data, more work, more salary
No matter a startup or a big company, no company in the modern era relies on data and analytics to make business decisions. According to a report released by the McKinsey Global Institute, by 2020, approximately 40 zettabytes of data will cover the Internet. This will drive a dramatic increase in demand for big data and data science professionals. Over time, the popularity of big data will reach a new level as more and more companies start to adopt this lucrative business growth opportunity. Due to the high demand and low supply of qualified professionals, the pay structure will be very attractive according to economic principles. In fact, data scientists are people who get high-paying jobs compared to other engineers and people working on similar job files.
In addition, when we talk about data, how can we miss the opportunity to show some data related to the careers of data scientists? According to a report published on the online education portal, people are unaware of the list of work and applications related to data science. The number of people searching for "Data Science" magazine has increased by 200% year-on-year. Jobs have been noted in these job requirements lists to show a year-on-year increase of at least 50%. Therefore, it is obvious that data science must not only survive here, but also survive and rule.
Higher salary potential
Data analysis skills were the needs of the time. Skilled professionals are urgently needed in almost every industry, and they have the knowledge to properly manage the data and produce meaningful results that enable companies to take their operations to a whole new level. Having said that, it is clear that only trained professionals can get the most exposure in this data-driven era and enjoy more pay structures.
According to a study published by an international organization, the average annual salary of global data scientists in 2015 was $130,000. Now, demand is growing faster and the salary structure has grown even more. In India, the average salary structure of data science professionals is very profitable. Indian analysts can get an INR of up to Rs 150,000 per year for the first few years, with further experience. The most interesting factor is that data science is not only popular in India, but other foreign markets are also looking for highly trained professionals. Here, if you have the talent and knowledge, and ambitious, able to grow and succeed, Data Science will provide you with the perfect opportunity to realize your dreams.
At TimesPro, we partnered with industry experts such as Google, Intel, Flipkart and Fractal Analytics to create a results-driven, comprehensive data science professional learning program that covers the core concepts of data science, machine learning and artificial intelligence. At TimesPro, the top data sciences office in Bangalore, we advocate a learning environment that allows students to not only understand the basics of data science, but also to enter the industry in a way that has the confidence and potential to expand. We believe that the constant practice is to let individuals be good at their job roles. That's why on our campus, we ensure that our students have sufficient industry knowledge and a deep understanding of the deep challenges and solutions. The future world will depend extremely on how we use data. Here, our goal at TimesPro is to create industry-prepared professionals who can take advantage of ever-increasing opportunities and rise with the industry.
Orignal From: Data Science: Ways to Release the Best Pay Role in the Near Future
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