Data scientists are professionals who analyze and manage huge amounts of data. Data Science has evolved as one of the most promising careers today. In today’s date, skilled data scientists are a requirement for every company and industry. The demand for data scientists is growing every year with a predicted rate of 28% growth in demand by 2020. Data has been used for decision making by many organizations in Boston, MA including Vectra, C.R. Bard, Digitas, BD, Localytics, JOYN BIO, Amazon, Spotify, Beacon Health Options, Trianz, Wayfair, etc.
The reasons for the popularity of Data Science as a career choice are as follows:
- Huge demand: Skilled data scientists are very valuable to companies since they possess the skills to identify relevant questions, organize the information, collect data from a multitude of different data sources, translate results into solutions, and communicate their findings in a way that affects business decisions in a positive and healthy way. They deliver appropriate results to various stakeholders across an organization or business. Hence, because of the dependencies of the companies on them, there is a huge demand for data scientists in the market.
- Low supply: This technology has a long way to go, and it is not going to fade out in the near future owing to the great advancements made continuously. Hence, we can say that it is still in a budding phase. Highly skilled professionals are required since most of the data handled by them are sensitive and confidential. Therefore, companies cannot afford to compromise with the security and handling of this data. This has led to a low supply of skilled data scientists with respect to the demands and requirements of the organizations.
Fun: Besides its financial and economic aspects, data science comes with many entertaining aspects. It is perfect for people who are curious about new things for it gives a wide scope of creativity and learning. It’s still unexplored, and the more one dives into it, the more new doors will open for him. The huge impact this technology has gives you the freedom to lead your imagination in any direction. Any area, you name it, and data science has the capacity to revolutionize it in a miraculous way.