February 26, 2020

Why data scientist is the most promising job in 2020?

There is no doubt in the fact that data scientist has evolved out as the best and hottest job of 2019. The LinkedIn report has proved the fact that almost 85% of big industries are now using data science to explore their businesses and hence getting into it can give new wings to your career. The promising pay of the data scientist is something that determines the promising nature of the job.

Data science has now become a buzz-worthy career. The person who gets trained in data science gets the opportunity to make really significant decisions for his or her company and contribute to the best.

Here are a few things that will make you realize that data science is the absolutely demanding future of the career. Have a look at them below:

• Companies keep struggling with data

When it comes to data collection, there are multiple sources from where this data can be collected for example transactions of customers, interactions of the website and many more other places. According to the survey done in 2018, around 65% of the businesses stated that they failed in categorizing all the available data. This shows that there is a huge demand for data scientists who can help companies with data analysis and get useful insights so as to make profitable moves for businesses.

• Data science is still evolving

The career in which there is no growth remains stagnant. It shows that such jobs should be changes in order to remain relevant. Data science is such a field that has abundant opportunities that will keep on evolving with the coming decade or so. As it is continuously showing signs of evolution, people who want to start their careers in this field have this as good news.

• Data scientists have in-demand skills

The research shows that almost around 94% of data science graduates are working in the field since 2011. There is a dramatic increase in the job posts for the data scientists. The statistics from sites like indeed.com shows there is a continuous increase in demand of data scientists for all industries.

• Continuous growth in data

Almost every day tons of data is produced and according to surveys, 5 billion consumers keep interacting with data daily and this number is soon going to be changed to 6 billion by the year 2025. Till 2018, a total of 33 zettabytes data was available which will rise to 133 zettabytes by 2025. With this rise in the production of data, the need for data scientists will keep on rising as well so that the companies can use that data in a significant manner.

With so many positive points towards the demand for efficient data scientists, the data science job is definitely one of the best careers to choose. The only demand for time is that you should be skilled enough to work efficiently and the success is yours.