Every day tons of data is generated. More and more companies in Washington, DC have started to see the importance of it and are shifting towards data-driven decision making. From Fortune 500 companies to small startups, every company is now a data company.
The state of Machine Learning in companies and your daily life
Machine Learning is still considered a new field in which a lot of research is required. Companies like Google and Facebook collect data and provide it to other companies for solutions like Amazon's product recommendations, Uber’s surge pricing, predictions of financial frauds in banks, etc. With every passing day, these systems are becoming less and less dependent on humans.
The benefits of Machine Learning include -
- It reels in better job opportunities:
The fields of Machine Learning and Artificial Intelligence are expanding. With this expansion, comes the demand for professionals. In Washington, DC, companies like Google, Fannie Mae, Atlas Research, KPMG, Booz Allen Hamilton, Guidehouse, etc. are looking for Machine Learning engineers to join their team.
- Machine Learning engineers earn a pretty penny:
Machine Learning engineers are paid handsomely. In Washington, DC, they can earn an average of about $139,040 per year.
- Demand for Machine Learning skills is only increasing:
There is a shortage of machine learning engineers. Many experts have pointed out this gap in demand and supply. This has led to an increase in the salary of machine learning professionals. And as more and more companies are shifting towards the field, this demand is only going to rise.
- Most of the industries are shifting to Machine Learning:
Industries in Washington, DC have started to see the benefits of data and have started to deal with data. This data production will only increase in the future. With data, companies are not only able to work efficiently, but can get ahead in the competition.