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Data Science & Analytics Job Market Predictions
The emergence of Big Data revolution is quite evident to everyone. Data has become an integral part of our day-to-day activities & about 2.5 quintillion bytes of data is created each day. So just imagine, how much an organization can be benefited if it could extract & analyze all the information that gets stored inside the data. This is where Data Science & analytics come into the play.
Data Science is an interdisciplinary area of scientific processes, methods, systems, and algorithms to obtain knowledge or awareness of data in an array of forms. It makes use of advanced analytics applications like data analysis, statistics, and machine learning and their associated methods to gain an understanding and evaluate data. Both Data Science & analytics contribute a lot in the process of developing an organization. This is the reason why companies are going crazy behind Data Science & other analytics technologies.
Data Science Job Market Is Booming-
In the present world of data, Data Scientist & other analytics job roles are very much in-demand across the IT & corporate domains. Speaking of salary packages, most of the analytics professionals out-earn their Java counterparts by almost 50% in India. As their experience increases their salary packages also goes up much higher compared to other IT & corporate professionals.
Also, Big Data professionals who work primarily on unstructured data earn more any other than analytics professionals. According to Payscale, the average pay for data scientists is about $91,000 per yea.
The constant rise in data collection is resulting in a heightened need for data-mining service,
Huge Demand in India-
India has become a major hub that hires the best talent in Data Science.. Job profiles such as Data Scientist, Data Analyst, Big Data Engineer, Statistician are being largely hunted by companies. Apart from the high paying job roels a career in analytics has much more to promise.
Top Companies That Are Hiring Analytics Talent:
- Startups-Ola cabs, Uber, Housing & others
- Ecommerce-Snapdeal, Flipkart, Amazon & others
- Product Based MNCs- Microsoft, VMware, Honeywell & others
- Service Based Analytics Company- Mu-Sigma, Vizury, Fractal Analytics, Impetus, TCS & others
Education and Skills for Data Scientists
In order to be a successful Data Scientist aspirants are must to have completed their certification in Data Science training . A certification in Data Science provides knowledge for through understanding of the field as well as opportunities for internships and networking activities, In addition to having cumulative & technical skills in Data Science a Data Scientist should also possess intense analytic problem solving skills, intellectual curiosity, effective communication, and sound knowledge of the industry.
Work towards becoming industry ready expert in Data Science domain by being a part of the Analytics Path Data Science Training In Hyderabad.
This Data Science Training In Hyderabad program will also help you leverage knowledge of AI & Machine Learning concepts as well.