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Data has become the most valuable source. Data has modified the economic map of the country in recent times. It has led to new job opportunities worldwide and has opened a new way to understand the consumers, their interest and demand in the market. This is one of the reasons why a career in data science the next big thing.
Every domain of technology, science, arts, and economics is slanted more towards analytics, requiring a considerable amount of data collected for a long time. As per a LinkedIn report, there is a vast requirement for professionals who can mine and interpret data. Hence, this domain has developed as a new branch of science that includes understanding numerical methods, statistics, probability, and computer science knowledge (such as programming, Natural Language Processing, neural network, algorithms, Machine Learning, deep learning, etc.
What is Data Science?
Data Science is a multi-disciplinary medium that obtains insights from unstructured and structured data by using algorithms, scientific methods, processes and systems. Data Science conjoins data analysis, statistics and machine learning to understand and analyse actual happenings through technical language data.
This field can not be considered an entirely technical tool. It applies theories and techniques from different fields like mathematics and statistics, computer science and information science. The three essential elements included in data science are packaging, organising and delivering data. Data Science reviews data and results are used to extract outcomes and make data-driven decisions.
All the scenes that you watch in Hollywood sci-fi movies can turn into reality through Data Science. This field is the future of Artificial Intelligence. Hence, it is necessary to understand what Data Science is and add value to any business. Data scientists are professionals who know technical and managerial skills. They work towards analysing the data and processing it into useful insight.
For working professionals, there are many programmes available in this field. They differ in the structure, and sometimes these are short term courses or PGP Data Science. To join the master's courses, one must fulfil the eligibility criteria thoroughly. Deciding on a career path after a data science course and obtaining the required skills can transform your career.
Data Science has been increasing exponentially at a rapid rate. We have witnessed an immediate change in recent times due to the pandemic COVID-19; the need for such skills has risen evermore. This field and the PGP Data Science Course is in great demand in almost all the industry today. The data provides a clear picture, and without that, it would be like beating around the bush. Apart from the past year trend, the data analysis helps take calculative risk and actions towards improving any field.
How Data Science is the Next Generation Career Field?
The essential reasons a career in Data Science is considered to be the next generation career field are -
Data Science provides complete information about the performance of the company. Hence, it establishes clear targets on improving the performance towards the goals based on the data.
This field has taken a sudden upsurge in the past few years. As a result, there is a massive demand for skilled Data Engineers and professionals because very few professionals exist in the market. Furthermore, there were only a handful of institutes imparting training for it. As time has progressed and every industry demand for a Data Science graduate has wholly skyrocketed. Thus, there is a need for qualified and driven data professionals in current times.
Take any successful organisation in any domain- fashion, agro-industry, food, bank finance and whatnot. They all require data science in some or the other way to encourage productivity and transparency.
India stands second in terms of jobs in the field of Data Science. The experts expect that it is only going to rise in the coming future.
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Updated on March 16, 2021
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