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ToggleDATA SCIENTIST: A POSITIVE POST-PANDEMIC JOB
2020 has been a rollercoaster with many ups and downs, with nearly millions of jobs lost, but data scientists have been the hottest job post-pandemic.
Indeed’s Recruitment Lab investigated that tech-related jobs have been severely impacted by the pandemic and have shown no significant improvement. But data scientist work is still showing positive growth in 2021 and continues to spread across the tech market. Looking forward to becoming a Data Scientist? Check out the Data Science Course with placement and get certified today.
According to the 50 Best Jobs in America (Glassdoor Research) for 2020, data scientists maintained their position in the top three for high job satisfaction with an average salary of over $100,000.
DATA SCIENTIST: THE FUTURE OF TECHNOLOGY
Job postings continued to decline, but that’s not the whole story. The value of data literacy and data analytics has not diminished in business; instead, the company’s ability to hire these high-value positions has diminished. Earn yourself a promising career in data science by enrolling in the Data Science Course in Hyderabad with Placements offered by 360DigiTMG.
Frank Buytendijk (an analyst at Gartner) says there are no signs of a drop in demand for data scientists. As data science and analytics applications continue to grow, the demand for experienced data scientists and analysts will likewise increase.
Steve Tycast (Director of Data and Analytics at AIM Consultancy Group) says that being a data scientist is not just about finding and examining statistics from the data provided to the expert, it also requires that the expert examines the data and fully understands it.
Buytendijk, in his observation at Gartner, saw those job postings continued to increase with more and more analysis requirements. Many organizations try to combine data analysis and management skills, and organizations hope that this combination can come from within. Also, check out this Best institute for Data Science in Pune to start a career in Data Science.
IMPORTANCE OF DATA SCIENTISTS AND THEIR TEAM
The pandemic has forced us to change the way we think about hiring data scientists. Previously, a significant amount of funding was spent on one person, but now those funds are spent on building a team of data scientists.
Companies need special skills when building a team of data scientists. People need to have business skills and understand how data can be used and how it can improve business operations. With them, people must have quantitative knowledge and technological skills and can handle data management. Become a Data Scientist with 360DigiTMG Data Science Certification Course in Chennai. Get trained by the alumni from IIT, IIM, and ISB.
Buytendijk said you need to bring together a group of people with different skills to create an entity. The odds of a single person being an expert in all three areas are slim, so you need to gather people who can offer different skills.
Organizations that cannot dedicate resources to data science positions should look to multi-hiring to solve the central problem of managing data through machine learning.
Typecast also said an exceptional candidate can think outside the box, demonstrate and fully understand the business problem, and then walk someone through the steps to create the solution. It’s not just about delivering results, but also presenting successes and failures through algorithms to extract the optimal answers.
Buytendijk also said giving data scientists more ability to interfere with corporate executives helps retention. Data science has become a popular trend as business confidence in data has increased over the years. To reflect this change, organizations need to keep them side by side. Data scientists are an important part of the organization, providing a reasonable amount of responsibility and communicating with executives.
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