The term “data science” is becoming incredibly popular among professionals. Even people who know nothing about data science regularly hear about it. The data science industry is rapidly growing and hugely impacts nearly every business, organization, and individual. This blog will discuss data science, the course, and its key elements. We provide you with the best information so that you can make the right decisions to start your career in the data science field.
What is Data Science?
Data science is the act of using data to drive business outcomes and innovation. Data scientists use proven methodologies to turn data into actionable insights that drive business outcomes such as increased revenue, increased customer satisfaction, or cost reduction across the organization.
“Sexiest Job of the Twenty-First Century”
The digital revolution, especially after the pandemic outbreak, resulted in an explosion of data, creating enormous opportunities in the field of data science. The Harvard Business Review recently declared Data Scientist the Sexiest Job of the Twenty-First Century. Data science has become necessary for modern industries to focus on analyzing data for insights and making decisions or predictions using algorithms and machine learning. Data science can also enable an organization to develop an effective culture, providing more personalized service, improving the customer experience, and increasing revenue.
As a fresher or professional, you will have numerous opportunities after completing the data science course. The average salary in this sector is generally high, even for a fresher. Depending on your skills, you can earn handsome packages across the world. After completing a data science course, you can work as a Data Scientist, Machine learning engineer, Statistician, Data Analyst, Business Intelligence Analyst, Data Architect, and Database Administrator.
The data science profession is constantly advancing due to the high demand for data worldwide. The company prefers data science professionals due to their wide and varied skills and knowledge, helping businesses make better tactical decisions. Some reports state, “The global data science market is expected to grow to US$103 billion by 2027, more than double its expected market size in 2018. With a share of 45 %, the software segment would become the largest data market segment by 2027.”
Skills Required for Data Scientists
As I mentioned earlier, data science professionals are in high demand. Employers typically look for a combination of hard and soft skills in data job candidates.
The term “hard skills” refers to practical and quantifiable knowledge such as:
⦁ Structured Query Language (SQL)
⦁ Python and other programming languages.
⦁ AI and machine learning.
⦁ Data visualization.
The term “Soft skills” refers to interpersonal and transferable skills such as:
⦁ Great Communication
⦁ Critical thinking
⦁ Problem-solving ability
⦁ Collaboration Skills
Some factors that can help you develop your data science career.
Can we become data scientists even if we don’t know how to code? The answer is yes. You can use Excel, Tableau, and other intelligence tools to perform various data tasks. However, it would help you most if you learn software like Python because almost every company requires programmers. Programming knowledge can benefit you in reproducibility, flexibility, and community communication.
If you have no prior work experience in the data world, starting a career in data science may be difficult. A fresher’s salary in India is low compared to the United States. Depending on their technical and soft skills, a fresher can earn around 5 lacs per year.
Academics are irrelevant if you are a highly experienced professional. However, a B.tech, MBA, MCA, or M.SC degree is required for a fresher as candidates with B.com and BBA degrees are unlikely to grow rapidly. Better domain knowledge is required to become an expert in any particular field.
Online learning has become popular in recent years. As a result, many web platforms offer a complete data science course. Palin is one of the best online and offline learning platforms for data science. Palin regularly conducts mock interviews and assignments to ensure that their candidates are industry-ready. They have industry experts who can help you with your career transition. Palin offers Data Analytics, Business Analytics, Data Science, and Data Science with R training.