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Why a Career in Big Data Is the Right Choice for You?

Are you in that job market where the Big Data skills are more appreciated? Confused about whether to make a career shift in Big Data or not? What will be the next career options available for me after Big Data? Just spend some time reading this blog and know the answers to all these questions and the reasons for making Big Data as a career choice.  “Big data is at the foundation of all of the megatrends that are happening today, from social to mobile to the cloud to gaming.” – Chris LynchReasons to Must-Have Big Data in your career1.Increased Job Opportunities for Big Data professionalsWith the technology reaching greater heights, undoubtedly Big Data is becoming a buzz word and a growing need for the organizations in the upcoming years. But, as Jeanne Harris, a senior executive at Accenture Institute said- “Data is useless without the skill to analyze it.”Today, Big Data professionals have a soaring demand across organizations worldwide. Organizations are making huge use of Big Data to stay ahead of the competitive market. The candidates with Big Data skills and expertise are in high demand. According to IBM, the number of jobs for data professionals in the U.S will increase to 2,720,000 by 2020.2. Salary GrowthThe strong demand for Big Data professionals is affecting the wages for qualified professionals. According to Glassdoor, the salary provided by various organizations based on the employees working in these organizations in the US region are as follows:CompanySalaryJ.P. Morgan$93K – $100KCognizant Technology Solutions$92K – $98KCSAA Insurance Group$133K – $144KZipRecruiter$81K – $89KThe salary of Big Data professionals is directly proportional to the factors like the skills earned, education, experience in the domain, knowledge of technology, etc. Also, one needs to understand and solve the real-world Big Data problems and a good grasp of tools and technologies.   3. Massive Big Data adoptionForbes stated that- Big data adoption in enterprises is increased from 17% in 2015 to 59% in 2018, reaching a Compound Annual Growth Rate (CAGR) of 36%. Big Data is steadily spreading its wings across numerous sectors including sales, marketing, research and development, logistics,  strategic management, etc.According to the 'Peer Research – Big Data Analytics' survey by Intel, the decision has incurred that- Big Data is one of the top priorities of the enterprises taking part in the survey as they believe that it improves the performance of their organizations. From the survey, it is found that 45% of the respondents trust that Big Data will offer more business benefits to rank on the top of the Big data market.    “Bigiota Insight out forecasted that the Big Data market is expected to grow to $80 billion from current $40 billion making a revenue of $187 billion.”4. Various options in job titles and responsibilitiesBig Data professionals have an array of job titles open depending on the skills they have achieved so far. The options for the Big Data job aspirants are many where they are free to align their career paths based on their career interests. Some of the job roles Big Data professionals can play are as follows:Data EngineerBusiness Analyst,Visualization SpecialistMachine Learning ExpertAnalytics ConsultantSolution ArchitectBig Data Solution ArchitectBig Data Analyst5. Usage Across numerous firms/industriesToday, Big Data is used almost in every firm. The top 5 industries recruiting Big Data professionals widely are Professional, Scientific and Technical Services (27%), Information Technology (19%), Manufacturing (15%), Finance and Insurance (9%), Retail Trade (9%) and Others 21%.The career path of a Big Data professionalAlthough the term Big Data is used commonly nowadays, there are many career paths available for the Big Data professionals to stand out in the industries that can be explored as per one’s potentiality and interest. The career paths that Big Data professionals can play are:Data ScientistBig Data EngineerBig Data AnalystData Visualization DeveloperMachine Learning EngineerBusiness Intelligence EngineerBusiness Analytics SpecialistMachine Learning ScientistLet us see them in details:Data Scientist:This is the most sought-after career path in Big Data careers. The Data Scientists are the individuals who use their technical and analytical skills to extract meaning from data. They are responsible for collecting, cleaning, and manipulating data.Big Data Engineer:Big Data Engineer is a well-known and more demanding career option. Data Engineers are the professionals responsible for building the designs created by Solution Architects. They are responsible for developing, testing, managing, and maintaining the big data solutions in the enterprises.Big Data Analyst:Being a command on the big data technologies like Hadoop, Hive, Pig, etc. and analytics skills, Data Analyst finds out relevant information from the datasets. This is also most demanding in Big Data career.Data Visualization Developer:The data visualization developers have the responsibilities of designing, conceptualizing, developing the graphics or data visualization, and supporting the data visualization activities. They should have strong technical skills for implementing visualization using tools.Machine Learning Engineer:Today, Machine Learning has become a crucial part of Big Data. Being an expert in machine learning (Machine Learning Engineer) responsible for building the data analysis software to run the product code without human intervention.Business Intelligence Engineer:Business Intelligence Engineer is in more demand today as around 90 percent of IT professionals are planning to increase spending on BI tools, as stated in the Forbes report. BI engineers are responsible for managing the big data warehouses with the help of Big Data tools and solving complex issues related to Big Data.Business Analytics Specialist:Business Analytics Specialist is an expert in Business Analytics field who aids in developing the scripts to test scripts and carrying out testing. They are also responsible for taking up business research activities to analyze the issues for developing cost-effective solutions.Machine Learning Scientist:Machine Learning Scientist work most probably in the research and development department. They are responsible for developing the algorithms to use in adaptive systems, adding product suggestions, and forecasting the demand for the same.Conclusion:As per Entrepreneur, Businesses that use Big Data saw a profit increase from 8 to10 percent and almost 10% reduction in overall cost. Another survey from Forbes states that IBM predicts demand For Data Scientists will reach 28% by the year 2020. As the data pours in, many high-rated companies like Google, Apple, NetApp, Qualcomm, Intuit, FactSet, The MITRE Corporation, Adobe, Salesforce, and so on are investing in Big Data.   According to the most recent McKinsey report, companies based in the U.S. are seeking for hiring 1.5 million Managers and Data Analysts with the strong knowledge and experience in Big Data. One can attain the most in-demand Big Data skills by taking specialized training in Big Data to go for any of the Big Data careers available in the job market.With the rising demand that industries are witnessing, it is an ideal time to add Big data skills to your curriculum vitae and offer yourself the wings to fly in the job market with the ample of Big Data jobs available today!  
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Why a Career in Big Data Is the Right Choice for You?

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Why a Career in Big Data Is the Right Choice for You?

Are you in that job market where the Big Data skills are more appreciated? Confused about whether to make a career shift in Big Data or not? What will be the next career options available for me after Big Data? Just spend some time reading this blog and know the answers to all these questions and the reasons for making Big Data as a career choice.  

“Big data is at the foundation of all of the megatrends that are happening today, from social to mobile to the cloud to gaming.” 

– Chris Lynch

Reasons to Must-Have Big Data in your career

1.Increased Job Opportunities for Big Data professionals

With the technology reaching greater heights, undoubtedly Big Data is becoming a buzz word and a growing need for the organizations in the upcoming years. But, as Jeanne Harris, a senior executive at Accenture Institute said- “Data is useless without the skill to analyze it.”

Today, Big Data professionals have a soaring demand across organizations worldwide. Organizations are making huge use of Big Data to stay ahead of the competitive market. The candidates with Big Data skills and expertise are in high demand. According to IBM, the number of jobs for data professionals in the U.S will increase to 2,720,000 by 2020.

2. Salary Growth

The strong demand for Big Data professionals is affecting the wages for qualified professionals. According to Glassdoor, the salary provided by various organizations based on the employees working in these organizations in the US region are as follows:

CompanySalary
J.P. Morgan$93K – $100K
Cognizant Technology Solutions$92K – $98K
CSAA Insurance Group$133K – $144K
ZipRecruiter$81K – $89K

The salary of Big Data professionals is directly proportional to the factors like the skills earned, education, experience in the domain, knowledge of technology, etc. Also, one needs to understand and solve the real-world Big Data problems and a good grasp of tools and technologies.   

3. Massive Big Data adoption

Forbes stated that- Big data adoption in enterprises is increased from 17% in 2015 to 59% in 2018, reaching a Compound Annual Growth Rate (CAGR) of 36%. Big Data is steadily spreading its wings across numerous sectors including sales, marketing, research and development, logistics,  strategic management, etc.

According to the 'Peer Research – Big Data Analytics' survey by Intel, the decision has incurred that- Big Data is one of the top priorities of the enterprises taking part in the survey as they believe that it improves the performance of their organizations. From the survey, it is found that 45% of the respondents trust that Big Data will offer more business benefits to rank on the top of the Big data market.    

Bigiota Insight out forecasted that the Big Data market is expected to grow to $80 billion from current $40 billion making a revenue of $187 billion.”

4. Various options in job titles and responsibilities

Big Data professionals have an array of job titles open depending on the skills they have achieved so far. The options for the Big Data job aspirants are many where they are free to align their career paths based on their career interests. Some of the job roles Big Data professionals can play are as follows:

  • Data Engineer
  • Business Analyst,
  • Visualization Specialist
  • Machine Learning Expert
  • Analytics Consultant
  • Solution Architect
  • Big Data Solution Architect
  • Big Data Analyst

5. Usage Across numerous firms/industries

Today, Big Data is used almost in every firm. The top 5 industries recruiting Big Data professionals widely are Professional, Scientific and Technical Services (27%), Information Technology (19%), Manufacturing (15%), Finance and Insurance (9%), Retail Trade (9%) and Others 21%.

Industries recruiting  big data professionals

The career path of a Big Data professional

Although the term Big Data is used commonly nowadays, there are many career paths available for the Big Data professionals to stand out in the industries that can be explored as per one’s potentiality and interest. The career paths that Big Data professionals can play are:

  1. Data Scientist
  2. Big Data Engineer
  3. Big Data Analyst
  4. Data Visualization Developer
  5. Machine Learning Engineer
  6. Business Intelligence Engineer
  7. Business Analytics Specialist
  8. Machine Learning Scientist

Let us see them in details:

The career path of a Big Data professional

  • Data Scientist:

This is the most sought-after career path in Big Data careers. The Data Scientists are the individuals who use their technical and analytical skills to extract meaning from data. They are responsible for collecting, cleaning, and manipulating data.

  • Big Data Engineer:

Big Data Engineer is a well-known and more demanding career option. Data Engineers are the professionals responsible for building the designs created by Solution Architects. They are responsible for developing, testing, managing, and maintaining the big data solutions in the enterprises.

  • Big Data Analyst:

Being a command on the big data technologies like Hadoop, Hive, Pig, etc. and analytics skills, Data Analyst finds out relevant information from the datasets. This is also most demanding in Big Data career.

  • Data Visualization Developer:

The data visualization developers have the responsibilities of designing, conceptualizing, developing the graphics or data visualization, and supporting the data visualization activities. They should have strong technical skills for implementing visualization using tools.

  • Machine Learning Engineer:

Today, Machine Learning has become a crucial part of Big Data. Being an expert in machine learning (Machine Learning Engineer) responsible for building the data analysis software to run the product code without human intervention.

  • Business Intelligence Engineer:

Business Intelligence Engineer is in more demand today as around 90 percent of IT professionals are planning to increase spending on BI tools, as stated in the Forbes report. BI engineers are responsible for managing the big data warehouses with the help of Big Data tools and solving complex issues related to Big Data.

  • Business Analytics Specialist:

Business Analytics Specialist is an expert in Business Analytics field who aids in developing the scripts to test scripts and carrying out testing. They are also responsible for taking up business research activities to analyze the issues for developing cost-effective solutions.

  • Machine Learning Scientist:

Machine Learning Scientist work most probably in the research and development department. They are responsible for developing the algorithms to use in adaptive systems, adding product suggestions, and forecasting the demand for the same.

Conclusion:

Companies hiring Big Data professionals

As per Entrepreneur, Businesses that use Big Data saw a profit increase from 8 to10 percent and almost 10% reduction in overall cost. Another survey from Forbes states that IBM predicts demand For Data Scientists will reach 28% by the year 2020. As the data pours in, many high-rated companies like Google, Apple, NetApp, Qualcomm, Intuit, FactSet, The MITRE Corporation, Adobe, Salesforce, and so on are investing in Big Data.   

According to the most recent McKinsey report, companies based in the U.S. are seeking for hiring 1.5 million Managers and Data Analysts with the strong knowledge and experience in Big Data. One can attain the most in-demand Big Data skills by taking specialized training in Big Data to go for any of the Big Data careers available in the job market.

With the rising demand that industries are witnessing, it is an ideal time to add Big data skills to your curriculum vitae and offer yourself the wings to fly in the job market with the ample of Big Data jobs available today!  

KnowledgeHut

KnowledgeHut

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KnowledgeHut is a fast growing Management Consulting and Training firm that is a source of Intelligent Information support for businesses and professionals across the globe.


Website : https://www.knowledgehut.com/

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Amir 21 Jun 2019

I got to know more about Career in Big Data loved it thanks for such blogs...

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How Big Data Can Help You Understand Your Customers and Grow Your Business

What’s the main purpose of a marketing campaign for any business? You’re trying to convince the customers you offer exactly what they need. What do you do to get there? You find out what they need. This is where big data gets into the picture. Big data is a general term for all information that allows you to understand the purchasing decisions of your target consumers That’s not all. Big data also helps you create a sustainable budget, find the best way to manage your business, beat the competition, and create higher revenue. In essence, big data is all information that helps you grow your brand. The process of analyzing and successfully using that data is called big data analytics. Now that we got the definition out of the way, let’s get practical. We’ll help you realize how you can use big data to understand the behavior of your customers and grow your brand. Where Can You Find Big Data? This is the big question about big data: where do you find it? When you’re looking for data that you could immediately turn into useful information, you should start with the historical data of your business. This includes all information for your business you collected since it was formed. The earnings, revenues, stock price action… everything you have. That data is already available to you. You can use it to understand how your business worked under different circumstances. The US Census Bureau holds an enormous amount of data regarding US citizens. You can use the information about the population economy, and products to understand the behavior of your target consumers. gov is another great website to explore. It gives you data related to consumers, ecosystems, education, finance, energy, public safety, health, agriculture, manufacturing, and few other categories. Explore the field relevant to your business and you’ll find data you can use. This information is for US citizens. If you need a similar tool for the EU, you can explore the European Union Open Data Portal. Facebook’s Graph API gives you a huge amount of information about the users of the platform. How to Use Big Data to Your Brand’s Advantage Collecting big data is not that hard. Information is everywhere. However, the huge volume of information you collect might confuse you. For now, you might want to focus on the historical data for your business. That should be enough for you to understand the behavior of your customers. When you understand how the analytics work, you can start comparing your historical data with the information you get from governmental and social media sources. These are the main questions to ask when analyzing big data: The average amount your customers spend on a typical purchase. This information helps you understand their budget and spending habits. Did they spend more money on an average purchase when they used promotions? What’s the situation with conversion? How many of the social media followers follow a link and become actual customers? These rates help you determine the effect of your marketing campaign. When you understand it, you’ll be able to improve it. How many new customers did you attract through promotions? Did those activities help you increase the awareness for your brand? How much have you spent on marketing and sales to attract a single customer? Divide the total amount of expenses for promotional activities with the number of customers you attracted while the campaign lasted. You’ll get the acquisition cost of a single customer. If it’s too large, you’ll need to restructure your promotional activities. Compare historical data to identify the campaigns that were most and least successful in this aspect. What do your customers require in order to stay loyal to your brand? Do they ask for more support or communication? How satisfied are your customers with the products or services you offer? What’s the difference between the categories of happy and unhappy customers? When you determine the factors that make your customers happy, you’ll be able to expand on them. When you identify the things that lead to dissatisfaction, you’ll work on them. Every Business Benefits from Big Data You feel like you have to own a huge business to get interested about big data? That’s a misconception. It doesn’t matter how big your company is. You still have tons of data to analyze, and you can definitely benefit from it & bigdata solve problems easily Collect all data described above and compare it with the way your customers behaved in the past. Are you growing? If yes, why? If not, why? The key to understanding the behavior of your customers is to give this information a human face. Connect the numbers with the habits and spending behavior of your real customers. When you relate the data to actual human experience, you’ll be able to develop customers personas. You’ll increase the level of satisfaction your consumers get. When you do that, the growth of your business will be inevitable.
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