We are living in a world of huge Data. Data science has become a revolutionary technology that everyone is talking about. Data science is a buzzword lots of people don’t know the actual meaning of data scientists. Data science is the study of data. It is about extracting, analyzing, visualizing, managing, and storing data to create insights.
It is a multidisciplinary field that has its roots in Statistics, Math, and Computer Science. There are lots of data scientist scientists positions in the world, so you can get a high pay scale also. So let’s focus on what are the Pros and Cons of Data Science?
The field of data science is massive and it has its advantage and limitations also. Let’s discuss the advantage of data science today.
The First advantage of data science is that its in demand. Data science is greatly in demand, job seekers, have lots of opportunities, and it is predicted to create 11.5 million jobs by 2026. This makes it a highly employable job sector.
The secondSecond is the Abundance of positions. There are very few people who have the required skills to become complete Data scientists. This makes Data science less saturated as compared with other IT sectors. The field of data science is high in demand but low in supply of data scientists.
Now Third is a highly paid career. Data science is the most highly paid job according to reports. Data scientists can make an average of 30-40lac per annum.
The fourth advantage of data science is a versatile field. It is widely used in Healthcare, banking, consultancy service, and e-commerce industries.
The fifth advantage of data science is data scientists help to makes data better. Companies require skilled data scientists to process and analyze their data to not only to analyze the data but also to improve its quality. Data scientists are making products smarter.
Recommendation systems used by e-commerce websites provide you personalized insights to users based on their historical purchases. It can help to save lives also. The Healthcare sector has been greatly improved because of data science.
The advent of machine learning has been made it easier to detect early stages of tumours. Data science can make u be a better person. You will be able to have a problem-solving attitude. You will be able to enjoy the best IT and Management in the world.
Sectors in which Data science jobs will be created in upcoming years are first of all Aviation and airline companies. They use data for pricing, route optimization, and preventive maintenance.
It will create 4500 new jobs in the upcoming years. In agriculture, data science will create 5500new jobs. To improve farm output, forecasting and pricing by using data science, ML and AI. In the field of healthcare, it will create 15000 new jobs for analysis of complex data of clinical applications. Big data is used to study the sequence of genomes. It is also used to detect and identify diseases. This will create 2000new jobs in Genomics in upcoming years.
So, finally, we conclude that the scope to be a data scientist opens a lot of job opportunities in the upcoming years. This is the right time to learn Data science skills and join the band of alive data scientists.
